Demand forecast in tourism is of great economic value both for the public and private sector. Any information concerning the future evolution of tourism flows is of great importance to hoteliers, tour operators and other industries concerned with tourism.
Our Client is a Tours and Travel agency who wants to efficiently plan its offerings according to different segments for the upcoming year and ensure adequate capacity and infrastructure.
Problem Description:-The business problem involves the forecasting of Ottawa city bike traffic to understand the requirement of increasing bike corridors in the city. The traffic accidents in Ottawa is on rise, with a 7-year peak reaching in 2017. As per the Ottawa police, traffic accidents have increased by 23%. Additionally, the registered two-wheeler vehicles went up by 15000 with 5000 additional drivers.
The analysis of data across 6 junctions in Ottawa helped to solve the below two problems-
Prof. Galit Shmueli, Institute of Service Science, College of Technology Management, National Tsing Hua University, 101 Kuang Fu Road Sec. 2, Hsinchu 30013 Taiwan
