Proceedings of the 2016 International Conference on Management Science and Innovative Education

Location Optimization Model for Hotels with Clustering Algorithm

Authors
Jian Chen, Jihong Yan
Corresponding Author
Jian Chen
Available Online October 2016.
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/).

Download article (PDF)

Volume Title
Proceedings of the 2016 International Conference on Management Science and Innovative Education
Series
Advances in Social Science, Education and Humanities Research
Publication Date
October 2016
ISBN
978-94-6252-252-7
ISSN
2352-5398
DOI
10.2991/msie-16.2016.10How to use a DOI?
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/).

Cite this article

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  -