Artificial Inteligence Knowledge Base Pricing Sales 
Berkonomics
AUGUST 30, 2018
Marriott called theirs “tier pricing”. The system coordinated decisions between the reservations department which accepted individual or transient reservations and the group sales department booking groups at a discounted rate, allocating available rooms between each to achieve maximum revenue for any future date.
Berkonomics
AUGUST 18, 2011
Marriott called theirs “tier pricing”. The system was priced at $150 thousand, but we calculated that the average decision implemented for the 300 room property should be worth $5 thousand, making payback within an amazing 60 days if all worked as planned. I became even more excited about the concept applied to the hotel industry.
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