A reservations system for hotel chains in which matrix arrays defining maximum rooms for sale, protected inventory, and matrices derived from these two, all by room-type/rate-category combinations. The system provides for generalized control of inventory for sale for an arbitrary number of room-types, rate-categories, etc. The system also allows blocking or protecting inventory by rate-category, room-type, or any combination. The system of the invention allows for either a central or a distributed view of inventory, and allows inventory to be controlled by the property and sold at any location without over-selling. The system of the invention provides the level of control necessary to handle the four major inventory control strategies that the hotel industry will likely require over the next ten years: total control centrally, central indicators and distributed inventory, totally distributed inventory, or a mixed mode of operation utilizing any combination of central or distributed inventory. In each case, the system of the invention provide a common, effective and complete solution.
A method and system for determining marginal values for perishable resources expiring at a future time, for example, an airline seat, hotel room night, rental car day or the like, for use in a perishable resource revenue management system. Data for the perishable resources and composite resources is loaded from the perishable resource revenue management system into the marginal value system. Internal data structures are constructed for linking each of the perishable resources to their associated composite resources and for linking each of the composite resources to their associated perishable resources. The marginal values for the perishable resources are determined using a continuous optimization function using interdependencies among the perishable resources and the composite resources in the internal data structures. The marginal values are stored from the marginal value system into the perishable resource revenue management system.
A reservation control method, system and computer program for reserving times for use of a plurality of facilities. The invention provides for the storing of a time span of dates and times on which each of the facilities are to be used as a reservation schedule in a storage and controlling reservations of the facilities based on the stored reservation schedule. Further the invention provides for setting a time span of dates and times in which use of at least one of the facilities is forbidden as a reservation forbidden schedule in the storage and forbidding reservations for the facilities when the reservations overlap the reservation forbidden schedule. The reservation forbidden schedule can only be accessed and/or modified by a manager of the facility. Reservations for the facility overlapping a reservation schedule approved by the manager are forbidden and a request for reservation which does not overlap the reservation forbidden schedule and a reservation schedule approved by the manager is temporarily stored as a reservation schedule. At a later time the temporarily stored reservation schedule is updated into a status of approval or non-approval in accordance with instructions from the manager.
The present invention relates to providing a banquet hall reservation management system for managing reservation and vacancy status of divisible banquet halls even when a partition pattern of a banquet hall is changed without changing the application program. Hence, the work load of the banquet hall provider is reduced, and the quality of service increased. The banquet hall reservation management system includes a management table where conflicting areas due to using a banquet area are registered, a management information input means to input names of new banquet areas and their conflicting areas in the event of changing partition pattern, and a management table generating means that creates a new management table based on the management information obtained by the management information input means.
A passenger management system having a boarding processing system with a plurality of tag readers and speakers connected to an automatic broadcasting unit each located in a plurality of areas into which a premises of an airport is divided. If there is found a remarked boarding card with which the check-in has been completed at a checking counter but boarding has not been confirmed, the tag readers are successively actuated from a gate counter and an area among said plurality of areas in which said remarked boarding card is present is determined based on the signal received by said tag readers. In such a way, remarked boarding cards, namely not-boarded passengers are managed for each area.
The present invention provides an event revenue management system that calculates event pricing to manage revenue and to maximize profit from the event. In particular, the system uses event parameters, including timing, resource, and discount categories, and initializes forecasting parameters. The system aggregates historical data using the forecasting parameters to generate initial forecast statistics, taking into account the event parameters. It then forecasts demand by updating the initial forecast statistics based on current data and optimizes pricing and availability of the event based on the forecasted demand.