Athanasius Zakhary, Amir F Atiya, Hisham El-Shishiny, Neamat E Gayar
Forecasting hotel arrivals and occupancy is an important component in hotel
revenue management systems. In this article, we propose a new Monte Carlo
simulation approach for the arrivals and occupancy forecasting problem. In this
approach, we simulate the hotel reservations process forward in time, and these
future Monte Carlo paths will yield forecast densities. A key step for the
faithful emulat... hiện toàn bộ