Revenue Management Final Exam 2026|
COMPLETE EXAM SET (questions and verified
answers)frequently most tested questions |
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Practice questions for this set
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Pricing based on location
Choose an answer
The premium prices charged for dinner served at the restaurant Le Jules Vernes on the
1 second level of the Eifel Tower in Paris, France can be attributed, in part, to which type
of differential pricing strategy?
What is the industry term used to describe the sum of prices paid by a business's
2
customers?
, What is the industry term for the average revenue generated by each occupied
3
guestroom during a defined period of time?
Texas Roadhouse restaurants do not accept reservations. Guests who call ahead,
4 however, can have their names added to the wait list prior to arriving at the restaurant.
What revenue-related factor is this strategy designed to optimize?
Don't know?
Terms in this set (180)
What is the industry term used to Total Revenues
describe the sum of prices paid by a
business's customers?
Historically, what concept have Costs
hospitality managers chiefly used to
calculate their selling prices?
What is an algebraic equivalent of Profit = Sales - Costs
the formula: Sales = Costs + Profit?
What is the name for the net value Profit
achieved by both parties in a
business transaction?
What element is not present in a Money
barter economy?
What is the formula used to calculate Owner's Investment Return / Owner's Original
an owner's ROI? Investment = Owner's Return on Investment
, Sandy has 100 hotel rooms to sell. Constrained Supply
This Saturday night has enough
customers to sell 125 rooms so she
will be refusing 25 requests for
rooms. What is this an example of?
Which industry was the first to use Airline
Yield Management principles?
What is the industry term used to Overbooking
describe the selling of rooms which
are not actually available for sale?
What is the formula used to calculate Total Room's Revenue / Total Rooms Sold =
Average Daily Rate? Average Daily Rate
Tashia's hotel sold 175 rooms last 70%
night at an ADR of $200.00. Her hotel
has 250 rooms. What was Tashia's
occupancy % last night?
Tashia's hotel sold 175 rooms last $140.00
night at an ADR of $200.00. Her hotel
has 250 rooms. What was Tashia's
RevPAR last night?
What is the industry term for the RevPOR
average revenue generated by each
occupied guestroom during a
defined period of time?
What is the formula used to calculate (Total Revenue - Management Controllable
GOPPAR? Expenses) / Rooms Available to Sell = GOPPAR
COMPLETE EXAM SET (questions and verified
answers)frequently most tested questions |
already passed!!
Save
Practice questions for this set
Learn 1 /7 Study with Learn
Pricing based on location
Choose an answer
The premium prices charged for dinner served at the restaurant Le Jules Vernes on the
1 second level of the Eifel Tower in Paris, France can be attributed, in part, to which type
of differential pricing strategy?
What is the industry term used to describe the sum of prices paid by a business's
2
customers?
, What is the industry term for the average revenue generated by each occupied
3
guestroom during a defined period of time?
Texas Roadhouse restaurants do not accept reservations. Guests who call ahead,
4 however, can have their names added to the wait list prior to arriving at the restaurant.
What revenue-related factor is this strategy designed to optimize?
Don't know?
Terms in this set (180)
What is the industry term used to Total Revenues
describe the sum of prices paid by a
business's customers?
Historically, what concept have Costs
hospitality managers chiefly used to
calculate their selling prices?
What is an algebraic equivalent of Profit = Sales - Costs
the formula: Sales = Costs + Profit?
What is the name for the net value Profit
achieved by both parties in a
business transaction?
What element is not present in a Money
barter economy?
What is the formula used to calculate Owner's Investment Return / Owner's Original
an owner's ROI? Investment = Owner's Return on Investment
, Sandy has 100 hotel rooms to sell. Constrained Supply
This Saturday night has enough
customers to sell 125 rooms so she
will be refusing 25 requests for
rooms. What is this an example of?
Which industry was the first to use Airline
Yield Management principles?
What is the industry term used to Overbooking
describe the selling of rooms which
are not actually available for sale?
What is the formula used to calculate Total Room's Revenue / Total Rooms Sold =
Average Daily Rate? Average Daily Rate
Tashia's hotel sold 175 rooms last 70%
night at an ADR of $200.00. Her hotel
has 250 rooms. What was Tashia's
occupancy % last night?
Tashia's hotel sold 175 rooms last $140.00
night at an ADR of $200.00. Her hotel
has 250 rooms. What was Tashia's
RevPAR last night?
What is the industry term for the RevPOR
average revenue generated by each
occupied guestroom during a
defined period of time?
What is the formula used to calculate (Total Revenue - Management Controllable
GOPPAR? Expenses) / Rooms Available to Sell = GOPPAR
