Abstract

The current research is designed to apply scoring modeling in database marketing for the hospitality industry. This research seeks to determine if previous historical data can predict future behavior patterns of individuals and groups in terms of frequency of visiting restaurants. The purpose of this study is to develop a scoring modeling to predict existing customers' future behavior using a restaurant database in a hospitality industry. The data set used for this study includes 956 customers and 11,242 restaurant transactions in a hotel from January through December. The current study builds individual models and compares those individual models to an aggregating model in terms of model assessment and prediction power.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.