Game theory in hospitality

In today's hospitality world where competition and the explosion of technology are becoming an integral part of success the just so approach no longer works. The book Game Theory in Hospitality offers a unique perspective on the application of game theory to optimize strategies in the industry. The author explores in detail how interactions between different players - from hoteliers to customers - can be analyzed from a game theory perspective and how this helps to make more informed decisions. Practical cases models and analytical tools allow readers to delve into the world of strategic thinking and find ways to maximize profits minimize risk and improve customer experience. This book will be an invaluable resource for hospitality professionals managers and students eager to learn how gaming strategies can transform their approach to business.