For a travel agent offering flights & hotels, we are looking set up a dynamic pricing POC.
As a first step, we need to construct the optimal booking curve for each flight. A part of the travelers will book very early (first minute), others will book very late (last minute) and a third group in between, depending on a set of criteria (destination, date of departure, pricing, …) For every flight we need to define the optimal booking curve so profit is optimal but also every flight is filled up 100%.
In a second step, we want to set up a smart dynamic pricing system that provides price recommendations based on the optimal booking curve vs actual bookings (taking into account all defining factors).
For this assignment we are looking for a data scientist/researcher with experience in the field that can create the R script to
We want to start off with a POC on just three destinations. When successful, we will build out the project rolling out to all destinations.
August 20, 2018
I am looking for a mix of experience and value