Decomposition methods for dynamic room allocation in hotel revenue management

DOI10.1016/J.EJOR.2018.05.027MaRDI QIDQ724073zbMATH OpenOpenAlexWikidataFDO

Authors D. Kharzeev

Publication date 25 July 2018

Published in European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL http://wrap.warwick.ac.uk/102485/1/WRAP-decomposition-methods-dynamic-room-allocation-hotel-revenue-management-Aydin-2018.pdf

zbMATH Keywords

decomposition methodsrevenue managementcapacity controlhotel

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Deterministic network models in operations research (90B10)

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Cites work

• A randomized linear programming method for computing network bid prices
• A stochastic approach to hotel revenue optimization
• A stochastic approximation algorithm to compute bid prices for joint capacity allocation and overbooking over an airline network
• An Application of Yield Management to the Hotel Industry Considering Multiple Day Stays
• Dynamic Bid Prices in Revenue Management
• Dynamic pricing for network revenue management: a new approach and application in the hotel industry
• Individual versus Social Optimization in Exponential Congestion Systems
• Managing Hotel Reservations with Uncertain Arrivals
• Mathematical programming for network revenue management revisited
• Nonlinear optimization.
• The theory and practice of revenue management
• Using Lagrangian relaxation to compute capacity-dependent bid prices in network revenue management

Cited in

(5)

• An Application of Yield Management to the Hotel Industry Considering Multiple Day Stays
• Managing Hotel Reservations with Uncertain Arrivals
• Optimal reservation control strategies in shared parking systems considering two types of customers
• scientific article; zbMATH DE number 6179201 (Why is no real title available?)
• A review of revenue management: recent generalizations and advances in industry applications

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