Month May 2021

Demand forecasting and Dynamic Pricing

Demand forecasting and Dynamic pricing

Demand forecasting and suitable pricing are two key factors in any business. In the hotel context in particular, and more specifically in the online segment, these tasks are of vital importance due to the dynamic nature of prices and high…

Dynamic programming and the Fibonacci series

Dynamic programming and the Fibonacci series

Dynamic programming Dynamic programming (DP) is a computer programming method which consists in breaking down a complex problem into smaller problems, usually in a recursive way. Then, these problems are solved one at a time, typically storing the already computed…