Location Optimization Model for Hotels with Clustering Algorithm

DOI

10.2991/msie-16.2016.10How to use a DOI?

Keywords

Hotel industry; Location; Clustering Algorithm; Optimization.

Abstract

In the hotel market, the most important issue is to pick a location, which means the location brings large portion of profit. On the other hand, different locations in a urban city area scale represent price tags. Along with a lot of "price war" in hotel industry, different hotels takes similar pricing strategy in order to win in the increasingly fierce competition, what kind of location is the right price to choose according to different price has become a major problem hotel managers must consider. This paper suggests a model to optimize the location for different scale hotels.

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Jian Chen
AU  - Jihong Yan
PY  - 2016/10
DA  - 2016/10
TI  - Location Optimization Model for Hotels with Clustering Algorithm
BT  - Proceedings of the 2016 International Conference on Management Science and Innovative Education
PB  - Atlantis Press
SP  - 40
EP  - 42
SN  - 2352-5398
UR  - https://doi.org/10.2991/msie-16.2016.10
DO  - 10.2991/msie-16.2016.10
ID  - Chen2016/10
ER  -