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Forecasting Rooms at Marriott Hotels
© 2001 Tim Glowa
White Paper:
Forecasting Room Demand at
Marriott Hotels
Tim Glowa,
Tim@Glowa.ca
September 16, 2001
© 2001 Tim Glowa
September 16, 2001
-1-
Forecasting Rooms at Marriott Hotels
© 2001 Tim Glowa
Table of Contents
Executive Summary.................................................................................................... 3
Using decision theory to forecast the demand for rooms at Marriott Hotels.............. 4
Introduction................................................................................................................. 4
Capacity Utilization .................................................................................................... 4
Background on the case .............................................................................................. 5
Summary of the case................................................................................................... 5
Limitations outside the nature of this case.................................................................. 6
Analysis....................................................................................................................... 6
Decision Tree Diagram ............................................................................................... 7
Discussion of Decision Tree ....................................................................................... 7
Discussion of the results ............................................................................................. 8
Decision Trees – Other applications ........................................................................... 9
Conclusion .................................................................................................................. 9
About the author ....................................................................................................... 10
Appendix 1 –...