HMD 330 UCLA Optimal Dynamic Pricing in Hotels Discussion

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lhrgvna12345

Business Finance

HMD 330

University Of California Los Angeles

HMD

Description

After covering the readings, PowerPoint slides, and relevant materials about optimal elements, you need to:

A) Find one (1) hospitality industry-related article that addresses at least one of the following Optimal elements (e.g. Optimal amount, price, payment policy, and supplier).

  • Please make sure to pick the "right" article!!

After finding the appropriate article, B) Summarize the article briefly along with its title.

  • The summary should be at least one to two paragraphs.

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Explanation & Answer

Attached.

Running head: OPTIMAL PRICING

1

Optimal Dynamic Pricing in Hotels
Students Name
Institutions Affiliations

OPTIMAL PRICING

2
Optimal Dynamic Pricing in Hotels

The article, "Optimal Dynamic Hotel Pricing" provides an analysis of a certain hotel
located in a major city in the US. The article analyzes reservations and cancellations done by the
customers over a period of 37 months (Cho et al., 2018). The ho...


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