# Hotel Booking Cancellation Prediction Using Applied Bayesian Models

arXiv: https://arxiv.org/abs/2410.16406 · HTML: https://mlsanity.com/paper/2410.16406/

## Key facts

- No citing papers in the map yet (data through 14 Oct 2026).
- Builds on 1 of its 22 references that are in the map.
- First posted on arXiv 21 Oct 2024.

## Builds on (most cited first, 1 of 1)

- ["Why Should I Trust You?": Explaining the Predictions of Any Classifier](https://mlsanity.com/paper/1602.04938/) (2016)

## Abstract (arXiv)

This study applies Bayesian models to predict hotel booking cancellations, a key challenge affecting resource allocation, revenue, and customer satisfaction in the hospitality industry. Using a Kaggle dataset with 36,285 observations and 17 features, Bayesian Logistic Regression and Beta-Binomial models were implemented. The logistic model, applied to 12 features and 5,000 randomly selected observations, outperformed the Beta-Binomial model in predictive accuracy. Key predictors included the number of adults, children, stay duration, lead time, car parking space, room type, and special requests. Model evaluation using Leave-One-Out Cross-Validation (LOO-CV) confirmed strong alignment between observed and predicted outcomes, demonstrating the model's robustness. Special requests and parking availability were found to be the strongest predictors of cancellation. This Bayesian approach provides a valuable tool for improving booking management and operational efficiency in the hotel industry.
