Resource price management incorporating indirect value
Number of patents in Portfolio can not be more than 2000
United States of America Patent
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Jan 31, 2006
Issued Date -
N/A
app pub date -
Sep 8, 2000
filing date -
Jun 1, 1998
priority date (Note) -
In Force
status (Latency Note)
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Abstract
A method and system of managing value from a resource such as hotel rooms by taking into account indirect value, such as gaming value, in determining recommended bid prices. Observed and/or estimated indirect value for customers is obtained. Recommended bid prices for instances of the resource, such as hotel rooms, are adjusted based on the obtained indirect value. Prices are further adjusted based on competitive market conditions.
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Family
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Cited Art Landscape
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