A review of revenue management: Recent generalizations and advances in industry applications

R Klein, S Koch, C Steinhardt, AK Strauss - European journal of operational …, 2020 - Elsevier
Originating from passenger air transport, revenue management has evolved into a general
and indispensable methodological framework over the last decades, comprising techniques …

Service-oriented container slot allocation policy under stochastic demand

J Liang, L Li, J Zheng, Z Tan - Transportation Research Part B …, 2023 - Elsevier
The liner shipping industry plays a pivotal role in global cargo transportation, catering to
both contract and spot shippers. Proper capacity allocation between these shippers is vital …

Proactive handling of flight overbooking: how to reduce negative eWOM and the costs of bumping customers

A Nazifi, K Gelbrich, Y Grégoire… - Journal of Service …, 2021 - journals.sagepub.com
This research examines the extent to which proactivity in handling flight overbooking
reduces negative electronic word-of-mouth (NeWOM) and the required costs of …

Revenue management under customer choice behaviour with cancellations and overbooking

DD Sierag, GM Koole, RD van der Mei… - European journal of …, 2015 - Elsevier
In many application areas such as airlines and hotels a large number of bookings are
typically cancelled. Explicitly taking into account cancellations creates an opportunity for …

Decomposition methods for dynamic room allocation in hotel revenue management

N Aydin, SI Birbil - European journal of operational research, 2018 - Elsevier
Long-term stays are quite common in the hotel business. Consequently, it is crucial for the
hotel managements to consider the allocation of available rooms to a stream of customers …

Mining optimal policies: A pattern recognition approach to model analysis

F Bravo, Y Shaposhnik - INFORMS Journal on Optimization, 2020 - pubsonline.informs.org
This paper studies the application of machine learning (ML) algorithms for discovering
structural properties of optimal policies in numerically obtained solutions to optimization …

Analysis of seat allocation and overbooking decisions with hybrid information

Y Lan, MO Ball, IZ Karaesmen, JX Zhang… - European Journal of …, 2015 - Elsevier
We investigate a single-leg airline revenue management problem where an airline has
limited demand information and uncensored no-show information. To use such hybrid …

Scientific production on revenue management in tourism on Web of Science and SCOPUS

MÁ Domingo-Carrillo, E Chávez-Miranda… - Current Issues in …, 2020 - Taylor & Francis
This research constitutes a bibliometric and content study work about research on Revenue
Management in Tourism included in the Web of Science and SCOPUS databases between …

Capacity uncertainty in airline revenue management: Models, algorithms, and computations

C Büsing, D Kadatz, C Cleophas - Transportation Science, 2019 - pubsonline.informs.org
Most airline revenue optimization models assume capacity to be fixed by fleet assignment,
and thus treat it as deterministic. However, empirical data show that on 40% of flights …

Mechanisms of cooperation between airlines and online travel agencies for flight crowdfunding

L Ling, X Bao, Z Zhang, F Yang - International Transactions in …, 2022 - Wiley Online Library
With the development of crowdfunding and e‐commerce, a novel selling strategy for airlines
called flight crowdfunding has been recently applied to the airline industry. In this paper, we …