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Booking Requests Online Scheduling with Pricing and Revenue Management in the Hotel Industry
, M.Sc. Thesis Sharif University of Technology ; Varmazyar, Mohsen (Supervisor)
Abstract
The tourism industry stands as one of the most pivotal sectors in the modern global economy, with hotels constituting one of its largest components. Concurrently, hotel management represents one of the most significant commercial activities worldwide. Among the crucial responsibilities of hotel management is the challenge of room allocation to guests seeking accommodation. In this study, we investigate the problem of assigning hotel rooms to guests. To achieve this, we first collect reservation requests from guests and execute the allocation process based on these requests. This procedure is facilitated through mathematical modeling with the objective of maximizing the number of accepted...