Hotel_Wide | R Documentation |
'Hotel_Wide
', a 'Wide format', is a preprocessing data of the publicly available 'Hotel 1' data introduced in Bodea et al. (2009).
Hotel_Wide
'Hotel_Wide
': A data frame with 1,100 rows and 22 variables:
ID associated with a booking. Begins at one for each hotel property.
Number of adults and children associated with the booking.
Status in rewards program (0—not a member, 1—basic, 2—elevated, 3—premium).
Membership status of a VIP rewards program member (0—not a VIP, 1—basic VIP, 2—premium VIP member).
Date the booking was created (e.g., 20070303 = March 3, 2007).
Check-in date (e.g., 20070307 = March 7, 2007).
Check-out date (e.g., 20070310 = March 10, 2007).
Length of stay/number of nights (e.g., three).
Code describing the room type associated with the product ID.
Unique number of products associated with room type.
Choice set exposed to individual
Unique number of choice sets associated with Exposed_Choice_Set
The average nightly rate the customer pays in USD (e.g., $199.99). Note that the average nightly rate will not match the rate of any available product rates if an upsell occurs at time of check-in, if the customer requests a specific discount rate at time of check-in, etc.
'Hotel 1' data contains information on the available alternatives, i.e.,
choice sets and the associated prices at the time of each customer’s booking decision.
We preprocessed 'Hotel 1' data and provide it in two types of
data format, 'Hotel_Long
' and 'Hotel_Wide
'.
The following are the preprocessing of 'Hotel 1' data.
1. Customers' booking transactions that had only one room type available in their choice set were removed as our methods require at least two different products in each choice set.
2. Duplicate records was removed.
3. Choice sets with less than 30 observations, representing rare case were removed.
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