Overview
Anderson has been actively engaged with industry throughout his academic career – starting with a collaboration with US Airways playing a critical role in his doctoral dissertation. Anderson continues to work on joint research projects with industry as well as consult on more applied projects. While many of these collaborations result in proprietary results and/or IP, below is a summary of publicly available information on a few engagements.
The Future of Hospitality
Redefining Hotel Classification
Short-term Rental Pricing
A collaboration with Wyndham Destinations led to the development of a pricing system for short-term rentals, the details of the system and approach as well as its financial impact are outlined in an Informs publication.
Digital Readiness
Social Media
Guest Engagement
Booking Direct
A unique comprehensive partnership with Best Western Hotels resulted in a series of research studies with a notable CQ paper highlighting the impacts of customer engagement (through reviews and customer feedback channels) upon booking channel (Direct versus OTA) preference.
3rd Party Intermediation
Pricing
Pricing has always been a key aspect of many of my consulting and research collaborations, one of my earliest collaborations with Dollar Car Rental resulted in an Operations Research publication that used financial option theory or Real Options to price the flexibility afforded to customers given that they can make and cancel many types of reservations (for rental cars, hotel rooms, dining reservations, etc…) for free.
Opaque Pricing
I have had a long history of working on opaque selling – a form of selling pioneered in travel by companies like Priceline and Hotwire. An early collaboration with a recently graduated student working at Kimpton Hotels and Restaurants resulted in report and ultimately a paper on Setting Prices on Priceline, this collaboration was extended as I developed a subsequent paper at Setting Prices on Hotwire as well as a teaching case I use in many of my modeling courses.
I continue to work collaboratively and as a consultant with many organizations, please reach out if you are interested in engaging – canderson@cornell.edu.
Consulting and Applied Research
- Pricing, Distribution and Revenue Management
- Social Media
- Hospitality and Travel Analytics
