Hotel Booking Cancellation Prediction

Historically, hotel cancellations have been an area of concern for overall revenue because hotels are unable to determine with great precision the likelihood that a reservation will be cancelled. If the reservation is cancelled, the hotel will lose money depending on how close it is to the check-in date. To better understand if a cancellation will occur, we need to better understand the other variables and their correlation to a cancellation.

Skills: Decision systems, random forests

Business interpretation

Technical — hands-on tool