Choice-Based Revenue Management: Data from a Major Hotel Chain

• 成果类型: Article
• 署名作者: Bodea, Tudor; Ferguson, Mark; Garrow, Laurie
• 署名单位: University System of Georgia; Georgia Institute of Technology; University System of Georgia; Georgia Institute of Technology
• 刊物名称: M&SOM-MANUFACTURING & SERVICE OPERATIONS MANAGEMENT
• ISSN/ISSBN: 1523-4614
• DOI: 10.1287/msom.1080.0231
• 发表日期: 2009
• 页码: 356-361
• 关键词: empirical research; OM-Marketing Interface; service operations

摘要

In this paper, we describe data collected from five U. S. properties of a major hotel chain that can be used to benchmark the performance of choice-based revenue management (RM) algorithms. The process used to collect this data illustrates subtle complexities involved in extracting product availability information from current RM systems and sheds new light on practical issues that need to be addressed to successfully implement choice-based RM systems. The data described in this paper is publicly available at the journal's website at http://msom.pubs.informs.org.