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Maximizing Hotel Revenue with Overbooking by Yunwei Ji is a document available to read on EtoBox.
What is Maximizing Hotel Revenue with Overbooking about?
The document explores the issue of hotel no-shows and the potential revenue loss associated with them, presenting an overbooking model proposed by Rex S. Toh and Frederick Dekay as a solution. It aims to determine if this model can effectively maximize hotel revenue by analyzing various mathematical variables and their combinations. The author expresses personal interest in applying mathematical and economic theories to real-world scenarios in the hospitality industry, which aligns with their future career
- Author
- Yunwei Ji
- Language
- EN