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Revenue management strategies for optimizing hostel profitablity

The project “Revenue Management Strategies for Optimizing Hostel Profitability” tackles the challenge of maintaining profitability while catering to budget conscious travelers. It focuses on three key areas: strategic pricing to attract guests without overcharging, innovative marketing tailored to the hostel demographic, and operational efficiencies to streamline costs while maintaining service quality. By addressing these aspects, the project aims to equip hostel owners with the tools and techniques needed to thrive in the competitive hospitality industry.

Keywords: Machine learning, Optimization, Revenue Data
Tools: Python, Excel
Department: Department of Mathematics

Project Team Members

Name Email
Sami Ullah Khan samiullah2020@namal.edu.pk
Mishkat Ullah Khan mishkat2020@namal.edu.pk

Project Poster

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