Patents by Inventor Tim Tenca

Tim Tenca has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Method and apparatus for measuring revenue performance for a lodging establishment
    Patent number: 8321286
    Abstract: Methods and apparatuses for calculating an optimal revenue total yield for both sleeping and function space in a hospitality establishment for a set of demand that includes both group and transient demands. In a preferred embodiment of the invention, the revenue optimization problem is characterized as a mixed-integer linear programming (MILP) problem and solved using MILP techniques. Preferably, a small value is assigned to the “cost” of a room upgrade and the cost of room upgrades are included in the revenue function to be optimized. In some embodiments of the invention, the actual revenue yield is compared to the optimum revenue yield.
    Type: Grant
    Filed: February 4, 2004
    Date of Patent: November 27, 2012
    Assignee: Marriott International, Inc.
    Inventors: William McDaniel, Tim Tenca, Prashant Dave, David Nehme
  • Method and apparatus for measuring revenue performance for a lodging establishment
    Publication number: 20050171821
    Abstract: Methods and apparatuses for calculating an optimal revenue total yield for both sleeping and function space in a hospitality establishment for a set of demand that includes both group and transient demands. In a preferred embodiment of the invention, the revenue optimization problem is characterized as a mixed-integer linear programming (MILP) problem and solved using MILP techniques. Preferably, a small value is assigned to the “cost” of a room upgrade and the cost of room upgrades are included in the revenue function to be optimized. In some embodiments of the invention, the actual revenue yield is compared to the optimum revenue yield.
    Type: Application
    Filed: February 4, 2004
    Publication date: August 4, 2005
    Inventors: William McDaniel, Tim Tenca, Prashant Dave, David Nehme