USE OF DASHBOARDS IN PREDICTING THE DEVELOPMENT OF THE COMPANY USING NEURAL NETWORKS IN HOTEL MANAGEMENT
Journal Title: GeoJournal of Tourism and Geosites - Year 2018, Vol 22, Issue 2
Abstract
Tourism development currently represents a very important part of national economics and its development and growth. To ensure growth, managers are looking for new effective tools to optimize decision making. This paper addresses the issue of dashboards based on neural networks and their utilization in managerial decision-making processes. Dashboard based reporting is oriented towards the tourism sector in Slovakia. The result of the research is the proposed balanced ranking and prediction model using financial and nonfinancial indicators with the application of artificial intelligence which allows to reach high level of efficiency and accuracy in evaluation of financial and nonfinancial health of companies operating in the hospitality sector. The proposed model also brings a new managerial and scientific point of view on the in-depth analysis of performance of these facilities. The main function of the proposed model is to classify health of a hotel. For this purpose, the MLP (Multi-Layer Perceptron) feedforward artificial neural network using backward propagation of errors was chosen as a training method.
Authors and Affiliations
GALLO Peter, GALLO jr. Peter, TIMKOVÁ Veronika, ŠENKOVÁ Anna, Miroslav KARAHUTA
Keywords
Related Articles
- EP ID EP289450
- DOI 10.30892/gtg.22202-289
- Views 68
- Downloads 0
The Quality of Hotel Services. Case Study: The County Seat Municipalities of the North-West Development Region
The demand of hotel services accedes the requirements of some extremely different, and, in the same time, complex motivations. Many of them are customized according to the client and gradually dosed, in a natural order,...
CUSTOMER RELATIONSHIP MANAGEMENT IN BUSINESS-TO-BUSINESS MARKETING: EXAMPLE OF TOURISM SECTOR
The aim of this study is to demonstrate how customer relationship management systems are implemented in tourism companies that do business-to-business marketing. The study firstly tries to explain the concepts of busines...
Nymphaea Lotus var. Thermalis (Pârâul Peţea Nature Reserve), Brand Near Extinction of the Băile Felix - Băile 1 Mai (Romania) Spa Tourism System
The Pârâul Pețea Nature Reserve from Băile 1 Mai, Bihor County, is a protected area of IUCN IV category and a Natura 2000 Site, ROSCI0098. It is an ecosystem with thermal waters of European importance, unique by the pre...
The Strategic Options to Enhance Competitive Advantage of Malaysian Restaurant Sector
High competition in the market makes competitive advantage one of the absolute options that companies must seek to build and maintain competition. Organizational capabilities form one of the inimitable sources of competi...
Socialist Heritage and Symbols in Football Teams (1981-1989) in Maramureș County (Romania)
The foundation of a sports club in socialist Romania used to be a priority for each existing economic unit within the Romanian political-administrative area. Football, according to the number of teams, localities and com...