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Article
Publication date: 16 August 2022

Liyao Huang, Cheng Li and Weimin Zheng

Given the importance of spatial effects in improving the accuracy of hotel demand forecasting, this study aims to introduce price and online rating, two critical factors…

Abstract

Purpose

Given the importance of spatial effects in improving the accuracy of hotel demand forecasting, this study aims to introduce price and online rating, two critical factors influencing hotel demand, as external variables into the model, and capture the spatial and temporal correlation of hotel demand within the region.

Design/methodology/approach

For high practical implications, the authors conduct the case study in Xiamen, China, where the hotel industry is prosperous. Based on the daily demand data of 118 hotels before and during the COVID-19 period (from January to June 2019 and from January to June 2021), the authors evaluate the prediction performance of the proposed innovative model, that is, a deep learning-based model, incorporating graph convolutional networks (GCN) and gated recurrent units.

Findings

The proposed model simultaneously predicts the daily demand of multiple hotels. It effectively captures the spatial-temporal characteristics of hotel demand. In addition, the features, price and online rating of competing hotels can further improve predictive performance. Meanwhile, the robustness of the model is verified by comparing the forecasting results for different periods (during and before the COVID-19 period).

Practical implications

From a long-term management perspective, long-term observation of market competitors’ rankings and price changes can facilitate timely adjustment of corresponding management measures, especially attention to extremely critical factors affecting forecast demand, such as price. While from a short-term operational perspective, short-term demand forecasting can greatly improve hotel operational efficiency, such as optimizing resource allocation and dynamically adjusting prices. The proposed model not only achieves short-term demand forecasting, but also greatly improves the forecasting accuracy by considering factors related to competitors in the same region.

Originality/value

The originalities of the study are as follows. First, this study represents a pioneering attempt to incorporate demand, price and online rating of other hotels into the forecasting model. Second, integrated deep learning models based on GCN and gated recurrent unit complement existing predictive models using historical data in a methodological sense.

Details

International Journal of Contemporary Hospitality Management, vol. 35 no. 1
Type: Research Article
ISSN: 0959-6119

Keywords

Article
Publication date: 29 November 2022

Liyao Huang and Weimin Zheng

This study aims to provide a comprehensive review of hotel demand forecasting to identify its key fundamentals and evolution and future research directions and trends to…

Abstract

Purpose

This study aims to provide a comprehensive review of hotel demand forecasting to identify its key fundamentals and evolution and future research directions and trends to advance the field.

Design/methodology/approach

Articles on hotel demand modeling and forecasting were identified and rigorously selected using transparent inclusion and exclusion criteria. A final sample of 85 empirical studies was obtained for comprehensive analysis through content analysis.

Findings

Synthesis of the literature highlights that hotel forecasting based on historical demand data dominates the research, and reservation/cancellation data and combined data gradually attracted research attention in recent years. In terms of model evolution, time series and AI-based models are the most popular models for hotel demand forecasting. Review results show that numerous studies focused on hybrid models and AI-based models.

Originality/value

To the best of the authors’ knowledge, this study is the first systematic review of the literature on hotel demand forecasting from the perspective of data source and methodological development and indicates future research directions.

目的

本研究旨在对酒店需求预测进行全面回顾, 以确定其关键基础和演变以及未来的研究方向和趋势, 以推动该领域的发展。

设计/方法/方法

使用严格和透明的纳入和排除的标准对酒店需求建模和预测的文章进行识别和选择。通过内容分析, 最终有 85个实证研究作为综合分析的样本。

研究结果

综合文献发现, 基于历史需求数据的酒店预测在研究中占主导地位, 近年来预订/取消数据和组合数据逐渐引起研究关注。在模型演化方面, 时间序列和基于人工智能的模型是最受欢迎的酒店需求预测模型。审查结果表明, 许多研究都集中在混合模型和基于 AI 的模型上。

原创性/价值

本研究是第一次从数据源和方法发展的角度对酒店需求预测文献进行系统回顾, 并指出未来的研究方向。

Propósito

Este estudio tiene como objetivo proporcionar una revisión amplia de la previsión sobre la demanda hotelera a la hora de identificar sus fundamentos clave, la evolución y las direcciones y tendencias de investigación futuras para avanzar en el campo de estudio.

Diseño/metodología/enfoque

Se identificaron y seleccionaron de forma rigurosa artículos sobre modelado y previsión de la demanda hotelera utilizando criterios transparentes de inclusión y exclusión. Se obtuvo una muestra final de 85 estudios empíricos para su análisis integral a través del análisis de contenido.

Hallazgos

La síntesis de la literatura destaca que la previsión hotelera basada en datos históricos de demanda ha dominado la investigación, y los datos de reserva/cancelación, así como los datos combinados han atraído gradualmente en los últimos años la atención de la investigación. En términos de evolución del modelo, las series temporales y los modelos basados en IA son los modelos más populares para la previsión de la demanda hotelera. Los resultados de la revisión muestran que numerosos estudios se han centrado en modelos híbridos y basados en IA.

Originalidad/valor

Este estudio es la primera revisión sistemática de la literatura sobre la previsión de la demanda hotelera desde la perspectiva de la fuente de datos y el desarrollo metodológico e indica futuras líneas de investigación.

Open Access
Article
Publication date: 15 November 2022

Liyao Song, Bai Chen, Bo Li, Rupeng Zhu and Dan Wang

The supercritical design of tail rotor drive shaft has attracted more attention in helicopter design due to its high power–weight ratio and low maintenance cost. However…

Abstract

Purpose

The supercritical design of tail rotor drive shaft has attracted more attention in helicopter design due to its high power–weight ratio and low maintenance cost. However, there exists excessive vibration when the shaft passes through the critical frequency. Dry friction damper is the equipment applied to the drive shaft to suppress the excessive vibration. In order to figure out the damping mechanism of the dry friction damper and improve the damping efficiency, the dynamic model of the shaft/damper system is established based on the Jeffcott rotor model.

Design/methodology/approach

The typical frequency response of the system is studied through bifurcation diagrams, amplitude-frequency characteristic curves and waterfall frequency response spectrum. The typical transient responses under frequency sweeps are also obtained.

Findings

The results show that the response of the system changes from periodic no-rub motion to quasi-periodic rub-impact motion, and then to synchronous full annular rub-impact, and finally, back to periodic no-rub motion. The slip of the rub-impact ring improves the stability of the system. Besides, the effects of the system parameters including critical dry friction force, rub-impact friction coefficient, initial clearance on the stability and the vibration damping capacity are studied. It is observed that the stability changes significantly varying the three parameters respectively. The vibration damping capacity is mainly affected by the critical dry friction force and the initial clearance.

Originality/value

Presented results provide guidance for the design of the dry friction damper.

Details

Journal of Intelligent Manufacturing and Special Equipment, vol. 3 no. 2
Type: Research Article
ISSN: 2633-6596

Keywords

Article
Publication date: 3 April 2017

Shaosheng Jin, Haoyang Li and Yao Li

In recent years, fresh produce (fresh vegetables and fruit) has been circulated widely via e-commerce in Chinese large cities in the form of fresh produce portfolios…

1932

Abstract

Purpose

In recent years, fresh produce (fresh vegetables and fruit) has been circulated widely via e-commerce in Chinese large cities in the form of fresh produce portfolios (FPPs). The purpose of this paper is to analyze the preferences of Chinese consumers for specific FPP attributes.

Design/methodology/approach

A choice experiment approach was used to explore consumer preferences. The authors conducted a means-end-chains evaluation to select the attributes for the choice experiment. The authors used a fractional factorial design and finally obtained 18 choice scenarios. The authors collected 166 effective consumer questionnaires in Beijing.

Findings

The authors found that among the four attributes considered, certification and the diversity of the FPP had significant effects on the willingness to pay (WTP) among consumers. Residents had heterogeneous preferences for FPP diversity and certification, but certification was the major concern when considering fresh produce in the FPP. With regard to the WTP for attributes in the portfolio, the WTP values for “green” and “organic” attributes were high, but the WTP for the diversity of FPPs was low.

Originality/value

This study is the first attempt to explore the preferences of Chinese consumers regarding the attributes of FPP in an e-commerce environment.

Details

British Food Journal, vol. 119 no. 4
Type: Research Article
ISSN: 0007-070X

Keywords

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