• Title/Summary/Keyword: Occupancy forecasting

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Analysis on the Determinants of Hotel Occupancy Rate in Jeju Island (제주지역 호텔이용률에 영향을 미치는 결정요인 분석)

  • Ryu, Kang-Min;Song, Ki-Wook
    • Land and Housing Review
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    • v.9 no.4
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    • pp.10-18
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    • 2018
  • As the volatility increasement of the number of tourist, there was been controversy over supply-demand imbalance in hotel market. The purpose of this study is to analysis on determinants of hotel occupancy rate in Jeju Island. The quantitative method is based on cointegrating regression, using an empirical dataset with hotel from 2000 to 2017. The primary results of research is briefly summarized as follows; First, there are high relationship between total hotel occupancy rate and hotel occupancy of foreign tourist. The volatility of hotel occupancy is caused by foreigner user than local tourists though local tourist high propotion of hotel occupancy in Jeju Island. Second, hotel occupancy of local tourist has not relationship with demand and supply variables. Because some hotel users are not local tourists but local resident, and effects to other variables of hotel consumer trend, accommodation such as Guest house, Airbnb. Third, there are high relationship between foreign hotel occupancy rate and demand-supply variables. These research imply that total management of supply-demand is very important to seek stability of hotel occupancy rate in Jeju Island. Also it can provide a useful solution regarding mismatch problem between supply-demand as well as development the systematic forecasting model for hotel market participants.

Recognition Model of the Vehicle Type usig Clustering Methods (클러스터링 방법을 이용한 차종인식 모형)

  • Jo, Hyeong-Gi;Min, Jun-Yeong;Choe, Jong-Uk
    • The Transactions of the Korea Information Processing Society
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    • v.3 no.2
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    • pp.369-380
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    • 1996
  • Inductive Loop Detector(ILD) has been commonly used in collecting traffic data such as occupancy time and non-occupancy time. From the data, the traffic volume and type of passing vehicle is calculated. To provide reliable data for traffic control and plan, accuracy is required in type recognition which can be utilized to determine split of traffic signal and to provide forecasting data of queue-length for over-saturation control. In this research, a new recognition model issuggested for recognizing typeof vehicle from thecollected data obtained through ILD systems. Two clustering methods, based on statistical algorithms, and one neural network clustering method were employed to test the reliability and occuracy for the methods. In a series of experiments, it was found that the new model can greatly enhance the reliability and accuracy of type recongition rate, much higher than conventional approa-ches. The model modifies the neural network clustering method and enhances the recongition accuracy by iteratively applying the algorithm until no more unclustered data remains.

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Predicting a Queue Length Using a Deep Learning Model at Signalized Intersections (딥러닝 모형을 이용한 신호교차로 대기행렬길이 예측)

  • Na, Da-Hyuk;Lee, Sang-Soo;Cho, Keun-Min;Kim, Ho-Yeon
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.20 no.6
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    • pp.26-36
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    • 2021
  • In this study, a deep learning model for predicting the queue length was developed using the information collected from the image detector. Then, a multiple regression analysis model, a statistical technique, was derived and compared using two indices of mean absolute error(MAE) and root mean square error(RMSE). From the results of multiple regression analysis, time, day of the week, occupancy, and bus traffic were found to be statistically significant variables. Occupancy showed the most strong impact on the queue length among the variables. For the optimal deep learning model, 4 hidden layers and 6 lookback were determined, and MAE and RMSE were 6.34 and 8.99. As a result of evaluating the two models, the MAE of the multiple regression model and the deep learning model were 13.65 and 6.44, respectively, and the RMSE were 19.10 and 9.11, respectively. The deep learning model reduced the MAE by 52.8% and the RMSE by 52.3% compared to the multiple regression model.

Development of a Resort's Cross-selling Prediction Model and Its Interpretation using SHAP (리조트 교차판매 예측모형 개발 및 SHAP을 이용한 해석)

  • Boram Kang;Hyunchul Ahn
    • The Journal of Bigdata
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    • v.7 no.2
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    • pp.195-204
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    • 2022
  • The tourism industry is facing a crisis due to the recent COVID-19 pandemic, and it is vital to improving profitability to overcome it. In situations such as COVID-19, it would be more efficient to sell additional products other than guest rooms to customers who have visited to increase the unit price rather than adopting an aggressive sales strategy to increase room occupancy to increase profits. Previous tourism studies have used machine learning techniques for demand forecasting, but there have been few studies on cross-selling forecasting. Also, in a broader sense, a resort is the same accommodation industry as a hotel. However, there is no study specialized in the resort industry, which is operated based on a membership system and has facilities suitable for lodging and cooking. Therefore, in this study, we propose a cross-selling prediction model using various machine learning techniques with an actual resort company's accommodation data. In addition, by applying the explainable artificial intelligence XAI(eXplainable AI) technique, we intend to interpret what factors affect cross-selling and confirm how they affect cross-selling through empirical analysis.

Performance Analysis of Electricity Demand Forecasting by Detail Level of Building Energy Models Based on the Measured Submetering Electricity Data (서브미터링 전력데이터 기반 건물에너지모델의 입력수준별 전력수요 예측 성능분석)

  • Shin, Sang-Yong;Seo, Dong-Hyun
    • Journal of Korean Institute of Architectural Sustainable Environment and Building Systems
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    • v.12 no.6
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    • pp.627-640
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    • 2018
  • Submetering electricity consumption data enables more detail input of end use components, such as lighting, plug, HVAC, and occupancy in building energy modeling. However, such an modeling efforts and results are rarely tried and published in terms of the estimation accuracy of electricity demand. In this research, actual submetering data obtained from a university building is analyzed and provided for building energy modeling practice. As alternative modeling cases, conventional modeling method (Case-1), using reference schedule per building usage, and main metering data based modeling method (Case-2) are established. Detail efforts are added to derive prototypical schedules from the metered data by introducing variability index. The simulation results revealed that Case-1 showed the largest error as we can expect. And Case-2 showed comparative error relative to Case-3 in terms of total electricity estimation. But Case-2 showed about two times larger error in CV (RMSE) in lighting energy demand due to lack of End Use consumption information.