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Hotel Price Algorithms

The Software Algorithm That Turns Hotel 'Lookers' Into 'Bookers' (Part One)

Bill_Robinson | Posted 04.10.2012 | Technology
Bill_Robinson

Shouldn't the goal be the same in the airline and hotel industry: full capacity at any fare/rate? Wouldn't a better policy be "no plane leaves with an empty seat, ever" or "we'll fill every room tonight if we have to let them go for $10?"