Hotel Booking Cancellation with Visual Analytics

Last-minute hotel reservation cancellations, often due to schedule changes, significantly impact hotel revenue. We can predict these cancellations by analyzing booking parameters such as the number of guests, rooms booked, and booking duration. Our study employed four models: Logistic Regression, SVM (Linear and RBF kernels), Decision Tree, and Random Forest. We evaluated these models using training and test datasets, with the Random Forest model achieving the highest accuracy at 99%. Additionally, we introduced a weighted average technique to help users visualize model performance and select the most suitable model for their needs.

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Publication Details

Published
2024-08-29
DOI
https://doi.org/10.1109/is61756.2024.10705220
Primary Topic
Consumer Retail Behavior Studies
Type
article
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article

Hotel Booking Cancellation with Visual Analytics

Rashedur M. Rahman, Saroar Ahmed, Sifat Chowdhury
Consumer Retail Behavior Studies
article

Hotel Booking Cancellation with Visual Analytics

Rashedur M. Rahman, Saroar Ahmed, Sifat Chowdhury
article en

Abstract

Last-minute hotel reservation cancellations, often due to schedule changes, significantly impact hotel revenue. We can predict these cancellations by analyzing booking parameters such as the number of guests, rooms booked, and booking duration. Our study employed four models: Logistic Regression, SVM (Linear and RBF kernels), Decision Tree, and Random Forest. We evaluated these models using training and test datasets, with the Random Forest model achieving the highest accuracy at 99%. Additionally, we introduced a weighted average technique to help users visualize model performance and select the most suitable model for their needs.

North South University (BD)
Decent work and economic growth
Openalex Percentile: Top 75%
Consumer Retail Behavior Studies
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