Revenue management and price optimization techniques in the hotel sector: A critical literature review

A Vives, M Jacob, M Payeras - Tourism economics, 2018 - journals.sagepub.com
Pricing and revenue management (RM) techniques have become a popular field of research
in hotel management literature. The sector's background framework and evolution and the …

Comparison of dynamic and static pricing strategies in a dual-channel supply chain with inventory control

M Li, S Mizuno - Transportation Research Part E: Logistics and …, 2022 - Elsevier
This paper studies the dynamic versus static pricing problem of a manufacturer–retailer dual-
channel supply chain where demand is stochastic and price sensitive, and inventory can be …

Stop clicking around and book direct: Impact of best rate guarantee on hotel pricing

M Chen, ZL Chen - European Journal of Operational Research, 2024 - Elsevier
Hotel chains sell their rooms through both their own distribution channels and third-party
online travel agencies (OTAs). However, with the growing popularity of OTAs over the last …

A Literature Review on Dynamic Pricing-State of Current Research and New Directions

K Stasinski - … : 12th International Conference, ICCCI 2020, Da Nang …, 2020 - Springer
In recent years, the topic of dynamic pricing has drawn a significant attention. Many different
scientific communities have studied demand estimation techniques and price policies …

Joint inventory and distribution strategy for online sales with a flexible delivery option

M Alım, P Beullens - International journal of production economics, 2020 - Elsevier
This paper develops a strategy to jointly optimize the inventory and distribution for an online
sales firm. The firm has to decide how to distribute the products from its warehouse to …

Optimal reservation control strategies in shared parking systems considering two types of customers

L Zhang, Y Mu, X Chao, F Jing - Computers & Operations Research, 2023 - Elsevier
The operational challenges of shared parking platforms include heterogeneous sharing time
intervals and two types of customers randomly providing demand information. Thus, the …

Model of price optimization as a part of hotel revenue management—stochastic approach

M Petricek, S Chalupa, D Melas - Mathematics, 2021 - mdpi.com
The paper is focusing on the problem of price optimization in the area of accommodation
services. The main aim is to propose a novel simulation-based methodology of price …

Research on energy performance contracting with shared savings under stochastic market demand

C Liu, W Zhou, J Chen - Computers & Industrial Engineering, 2023 - Elsevier
In practice, the market risk caused by stochastic market demand is a main risk affecting the
shared savings contract implementation in energy performance contracting. We develop a …

Capacity management for a leasing system with different equipment and batch demands

X Yang, W Jiao, J Zhang, H Yan - Production and …, 2022 - journals.sagepub.com
This work explores the admission and capacity allocation for a leasing system with two types
of equipment and three kinds of batch demands: elementary specified, premium specified …

Optimal capacity rationing policy for a container leasing system with multiple kinds of customers and substitutable containers

X Yang, J Zhang, W Jiao, H Yan - Management Science, 2023 - pubsonline.informs.org
In this paper, we consider a container leasing firm that has elementary and premium
containers, which are downward substitutable and for use by elementary contract customers …