Dynamic Hotel Pricing: A Strategic Roadmap

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This document explores a dynamic hotel pricing model aimed at revenue optimisation through a strategic roadmap. It highlights the evolution from heuristic to data-driven methodologies, leveraging advanced techniques like GLMs and LGBM, competitor data, and time-series forecasting. Examples include transitioning to predictive pricing with refined attribute weightings, likened to a GPS system. Concluding with actionable steps for deployment, it envisions a scalable, AI-driven future for pricing...