SYSTEM AND PROCESS FOR DYNAMIC RENTAL PRICING OF INVENTORY AT SPORTING AND ENTERTAINMENT FACILITIES

摘要

This invention relates to a system and process for dynamic rental pricing of inventory at sporting and entertainment facilities, namely multi-level, multi-bay golf entertainment facilities. In one aspect, the invention electronically provides for a predetermined reduced price for guests to continue to utilize inventory after their original purchased time has expired using an algorithmic process based on a real-time waitlist and/or future inventory usage based on reservations, group events, etc. In another aspect, the invention electronically adjusts inventory pricing in real-time based on the percent of inventory that is reserved versus available for a given day, date and/or time of day.