Titlebook: Artificial Intelligence and Machine Learning in the Travel Industry; Simplifying Complex Ben Vinod Book 2023 The Editor(s) (if applicable)

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Artificial Intelligence and Machine Learning in the Travel IndustrySimplifying Complex

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e for the Journal of Revenue and Pricing Management, showcase the breadth and scope of the technological advances that have the potential to transform the travel experience, as well as the individuals who are already putting them into practice..978-3-031-25458-1978-3-031-25456-7

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Management and Monitoring Toolsropean market data. The results show clear differences in price elasticity between leisure and business trips. Overall, the demand for trips is price elastic for leisure and inelastic for the business segment. Moreover, the approach is flexible enough to study elasticity on different dimensions, sho

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Installing into an Existing Treely consider competitive effects and assumed that an airline’s demand only depends on their prices i.e., demand is fully dedicated to an airline (loyal). This paper develops a model to capture more realistic competitive dynamics by including both these types of customer behavior.We also develop a Bay

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