We are proud to announce the THS PhD Forecasting Hackathon, hosted by
the Tourism and Hospitality section of the International Institute of Forecasters at the prestigious International Symposium on Forecasting
at 10am-5pm on June 30, 2024. This hackathon will challenge you to unleash your forecasting skills and predict the future of the hospitality industry in Hong Kong.
The task is to forecast the Revenue per Available Room (RevPAR) for hotels in different categories in Hong Kong, spanning from April 2023 to December 2023. RevPAR is a crucial metric that measures a hotel’s financial performance, and accurate forecasting can have a significant impact on strategic decision-making and resource allocation. The historical data of RevPar will be provided and participants are allowed to use any publicly available data sources in addition to the provided dataset. Participants can compete individually or in teams of up to 4 members. The top-performing individuals or teams will receive a cash prize of up to 300 euros. Please feel free to register at https://forms.gle/