Title :
Data mining techniques to improve no-show forecasting
Author :
Cao, Rong Zeng ; Ding, Wei ; He, Xiang Yang ; Zhang, Hao
Author_Institution :
IBM Res. - China, Beijing, China
Abstract :
In order to maximum the profit of each flight, the airlines always have some over-booking in one flight. Accurate forecasts of the expected number of noshows for each flight can increase airline revenue by reducing the number of spoiled seats and the number of involuntary denied boarding at the departure gate. In this paper, we develop a combined model to predict no-show rates using historical data and specific information on the individual passengers booked on each flight. Meanwhile, we propose some data mining techniques to improve no-show forecasting. A case study and the relative performance of some methods are introduced, together with some discussion on further research.
Keywords :
data mining; probability; travel industry; airline revenue; data mining techniques; no show forecasting; Atmospheric modeling; Predictive models;
Conference_Titel :
Service Operations and Logistics and Informatics (SOLI), 2010 IEEE International Conference on
Conference_Location :
Qingdao, Shandong
Print_ISBN :
978-1-4244-7118-8
DOI :
10.1109/SOLI.2010.5551620