Using game theory for hotel revenue management in the United States of America

Name: Using game theory for hotel revenue management in the United States of America
Brand: Eliva Press
Availability: OutOfStock
Rating: 5 (1 reviews)

By Xuan Tran

0 - Default Title

Description

Trigonometry isn't running away from sustainability. We can survive in revenue management at the cutting edge of derivatives, but trigonometry permeates our understanding of the cyclical nature of economics in the hospitality industry, illustrating the dynamics of hotel pricing, substitution, and income effects. Here, the average daily rate functions as the tangent, revenue per available room as the cosine, and occupancy as the sine, all within the framework of the hotel elasticity angle. Price discrimination within hotel revenue management has found resolution through the Nash equilibrium, creating mutually beneficial outcomes, particularly in the hotels across three regions of the United States, with notable impact in the Southeast.

Product details

Binding:: Paperback
Number of Pages:: 108
Release Date:: 2024-06-20
Publication Date:: 2024-05-27
Publisher:: Eliva Press
Languages:: Original: English
ISBN10:: 9999319211
ISBN13:: 9789999319218
GPSR Manufacturer Reference:: [email protected]
Weight:: 170 g
Height:: 152 cm
Width:: 229 cm
Thickness:: 6 cm

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