{"id":"https://openalex.org/W4306316928","doi":"https://doi.org/10.1145/3511808.3557646","title":"Modeling Price Elasticity for Occupancy Prediction in Hotel Dynamic Pricing","display_name":"Modeling Price Elasticity for Occupancy Prediction in Hotel Dynamic Pricing","publication_year":2022,"publication_date":"2022-10-16","ids":{"openalex":"https://openalex.org/W4306316928","doi":"https://doi.org/10.1145/3511808.3557646"},"language":"en","primary_location":{"id":"doi:10.1145/3511808.3557646","is_oa":false,"landing_page_url":"https://doi.org/10.1145/3511808.3557646","pdf_url":null,"source":{"id":"https://openalex.org/S4363608762","display_name":"Proceedings of the 31st ACM International Conference on Information &amp; Knowledge Management","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"conference"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 31st ACM International Conference on Information &amp; Knowledge Management","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5001854345","display_name":"Fanwei Zhu","orcid":"https://orcid.org/0000-0002-8730-938X"},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Fanwei Zhu","raw_affiliation_strings":["Zhejiang University City College, Hangzhou, China"],"affiliations":[{"raw_affiliation_string":"Zhejiang University City College, Hangzhou, China","institution_ids":[]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5101525514","display_name":"Wendong Xiao","orcid":"https://orcid.org/0000-0002-8270-9085"},"institutions":[{"id":"https://openalex.org/I45928872","display_name":"Alibaba Group (China)","ror":"https://ror.org/00k642b80","country_code":"CN","type":"company","lineage":["https://openalex.org/I45928872"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Wendong Xiao","raw_affiliation_strings":["Alibaba Group, Hangzhou, China"],"affiliations":[{"raw_affiliation_string":"Alibaba Group, Hangzhou, China","institution_ids":["https://openalex.org/I45928872"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5011105950","display_name":"Yue Yu","orcid":"https://orcid.org/0000-0003-3452-8391"},"institutions":[{"id":"https://openalex.org/I45928872","display_name":"Alibaba Group (China)","ror":"https://ror.org/00k642b80","country_code":"CN","type":"company","lineage":["https://openalex.org/I45928872"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Yao Yu","raw_affiliation_strings":["Alibaba Group, Hangzhou, China"],"affiliations":[{"raw_affiliation_string":"Alibaba Group, Hangzhou, China","institution_ids":["https://openalex.org/I45928872"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5100441397","display_name":"Ziyi Wang","orcid":"https://orcid.org/0009-0009-5428-0494"},"institutions":[{"id":"https://openalex.org/I45928872","display_name":"Alibaba Group (China)","ror":"https://ror.org/00k642b80","country_code":"CN","type":"company","lineage":["https://openalex.org/I45928872"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Ziyi Wang","raw_affiliation_strings":["Alibaba Group, Hangzhou, China"],"affiliations":[{"raw_affiliation_string":"Alibaba Group, Hangzhou, China","institution_ids":["https://openalex.org/I45928872"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5025049073","display_name":"Zulong Chen","orcid":"https://orcid.org/0000-0003-0807-6889"},"institutions":[{"id":"https://openalex.org/I45928872","display_name":"Alibaba Group (China)","ror":"https://ror.org/00k642b80","country_code":"CN","type":"company","lineage":["https://openalex.org/I45928872"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Zulong Chen","raw_affiliation_strings":["Alibaba Group, Hangzhou, China"],"affiliations":[{"raw_affiliation_string":"Alibaba Group, Hangzhou, China","institution_ids":["https://openalex.org/I45928872"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5053577740","display_name":"Quan Lu","orcid":"https://orcid.org/0000-0002-4115-3068"},"institutions":[{"id":"https://openalex.org/I45928872","display_name":"Alibaba Group (China)","ror":"https://ror.org/00k642b80","country_code":"CN","type":"company","lineage":["https://openalex.org/I45928872"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Quan Lu","raw_affiliation_strings":["Alibaba Group, Hangzhou, China"],"affiliations":[{"raw_affiliation_string":"Alibaba Group, Hangzhou, China","institution_ids":["https://openalex.org/I45928872"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5086824367","display_name":"Zemin Liu","orcid":"https://orcid.org/0000-0002-9211-6603"},"institutions":[{"id":"https://openalex.org/I165932596","display_name":"National University of Singapore","ror":"https://ror.org/01tgyzw49","country_code":"SG","type":"education","lineage":["https://openalex.org/I165932596"]}],"countries":["SG"],"is_corresponding":false,"raw_author_name":"Zemin Liu","raw_affiliation_strings":["National University of Singapore, Singapore, Singapore"],"affiliations":[{"raw_affiliation_string":"National University of Singapore, Singapore, Singapore","institution_ids":["https://openalex.org/I165932596"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5101925641","display_name":"Minghui Wu","orcid":"https://orcid.org/0000-0001-8179-7119"},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Minghui Wu","raw_affiliation_strings":["Zhejiang University City College, Hangzhou, China"],"affiliations":[{"raw_affiliation_string":"Zhejiang University City College, Hangzhou, China","institution_ids":[]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5069802458","display_name":"Shenghua Ni","orcid":"https://orcid.org/0000-0002-8411-9126"},"institutions":[{"id":"https://openalex.org/I45928872","display_name":"Alibaba Group (China)","ror":"https://ror.org/00k642b80","country_code":"CN","type":"company","lineage":["https://openalex.org/I45928872"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Shenghua Ni","raw_affiliation_strings":["Alibaba Group, Hangzhou, China"],"affiliations":[{"raw_affiliation_string":"Alibaba Group, Hangzhou, China","institution_ids":["https://openalex.org/I45928872"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":9,"corresponding_author_ids":["https://openalex.org/A5001854345"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":5.5128,"has_fulltext":false,"cited_by_count":14,"citation_normalized_percentile":{"value":0.96721311,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":98,"max":99},"biblio":{"volume":null,"issue":null,"first_page":"4742","last_page":"4746"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11161","display_name":"Consumer Market Behavior and Pricing","score":0.9961000084877014,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11161","display_name":"Consumer Market Behavior and Pricing","score":0.9961000084877014,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10203","display_name":"Recommender Systems and Techniques","score":0.9896000027656555,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9889000058174133,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/elasticity","display_name":"Elasticity (physics)","score":0.768478274345398},{"id":"https://openalex.org/keywords/price-elasticity-of-demand","display_name":"Price elasticity of demand","score":0.7070672512054443},{"id":"https://openalex.org/keywords/occupancy","display_name":"Occupancy","score":0.6524185538291931},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.6282472610473633},{"id":"https://openalex.org/keywords/dynamic-pricing","display_name":"Dynamic pricing","score":0.4505494236946106},{"id":"https://openalex.org/keywords/demand-curve","display_name":"Demand curve","score":0.43336498737335205},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.15214896202087402},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.13185006380081177},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.11100035905838013}],"concepts":[{"id":"https://openalex.org/C121854251","wikidata":"https://www.wikidata.org/wiki/Q62932","display_name":"Elasticity (physics)","level":2,"score":0.768478274345398},{"id":"https://openalex.org/C51355593","wikidata":"https://www.wikidata.org/wiki/Q3194154","display_name":"Price elasticity of demand","level":2,"score":0.7070672512054443},{"id":"https://openalex.org/C160331591","wikidata":"https://www.wikidata.org/wiki/Q7075743","display_name":"Occupancy","level":2,"score":0.6524185538291931},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.6282472610473633},{"id":"https://openalex.org/C2779391423","wikidata":"https://www.wikidata.org/wiki/Q17009728","display_name":"Dynamic pricing","level":2,"score":0.4505494236946106},{"id":"https://openalex.org/C176398731","wikidata":"https://www.wikidata.org/wiki/Q8981416","display_name":"Demand curve","level":2,"score":0.43336498737335205},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.15214896202087402},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.13185006380081177},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.11100035905838013},{"id":"https://openalex.org/C192562407","wikidata":"https://www.wikidata.org/wiki/Q228736","display_name":"Materials science","level":0,"score":0.0},{"id":"https://openalex.org/C170154142","wikidata":"https://www.wikidata.org/wiki/Q150737","display_name":"Architectural engineering","level":1,"score":0.0},{"id":"https://openalex.org/C159985019","wikidata":"https://www.wikidata.org/wiki/Q181790","display_name":"Composite material","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1145/3511808.3557646","is_oa":false,"landing_page_url":"https://doi.org/10.1145/3511808.3557646","pdf_url":null,"source":{"id":"https://openalex.org/S4363608762","display_name":"Proceedings of the 31st ACM International Conference on Information &amp; Knowledge Management","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"conference"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 31st ACM International Conference on Information &amp; Knowledge Management","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.46000000834465027,"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth"}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":19,"referenced_works":["https://openalex.org/W1983471712","https://openalex.org/W1988608305","https://openalex.org/W2036904357","https://openalex.org/W2044875104","https://openalex.org/W2046033161","https://openalex.org/W2048517232","https://openalex.org/W2051156906","https://openalex.org/W2296609147","https://openalex.org/W2743104969","https://openalex.org/W2789220419","https://openalex.org/W2807413713","https://openalex.org/W2808844541","https://openalex.org/W2808956106","https://openalex.org/W2950792838","https://openalex.org/W2996020415","https://openalex.org/W3000646182","https://openalex.org/W3023845949","https://openalex.org/W3123482145","https://openalex.org/W3163650977"],"related_works":["https://openalex.org/W2373867638","https://openalex.org/W3036090602","https://openalex.org/W2385867122","https://openalex.org/W3121227923","https://openalex.org/W4251481285","https://openalex.org/W2100433665","https://openalex.org/W1523094654","https://openalex.org/W2958013377","https://openalex.org/W2265498749","https://openalex.org/W1524387070"],"abstract_inverted_index":{"In":[0],"this":[1],"paper,":[2],"we":[3],"propose":[4],"a":[5,23,30,35,46,53],"novel":[6],"elastic":[7],"demand":[8,16],"function":[9],"that":[10,80],"captures":[11],"the":[12,41,70],"price":[13,24,43],"elasticity":[14,25,44],"of":[15,49,57],"in":[17,105],"hotel":[18,107],"occupancy":[19,61,88],"prediction.":[20],"We":[21],"develop":[22],"prediction":[26,62,89],"model":[27,38,94],"(PEM)":[28],"with":[29],"competitive":[31],"representation":[32],"module":[33],"and":[34,59,90,101],"multi-sequence":[36],"fusion":[37],"to":[39,66,68],"learn":[40],"dynamic":[42,91],"from":[45],"complex":[47],"set":[48],"affecting":[50],"factors.":[51],"Moreover,":[52],"multi-task":[54],"framework":[55],"consisting":[56],"room-":[58],"hotel-level":[60],"tasks":[63],"is":[64],"introduced":[65],"PEM":[67,81,93],"alleviate":[69],"data":[71],"sparsity":[72],"issue.":[73],"Extensive":[74],"experiments":[75],"on":[76],"real-world":[77],"datasets":[78],"show":[79],"outperforms":[82],"other":[83],"state-of-the-art":[84],"methods":[85],"for":[86],"both":[87],"pricing.":[92],"has":[95],"been":[96],"successfully":[97],"deployed":[98],"at":[99],"Fliggy":[100],"shown":[102],"good":[103],"performance":[104],"online":[106],"booking":[108],"services.":[109]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":6},{"year":2024,"cited_by_count":6}],"updated_date":"2026-04-14T08:04:32.555800","created_date":"2025-10-10T00:00:00"}
