hotel lodging Revenue management Exam Questions With 100% Correct Answers
revenue management principle - ANSWER-selling the right product at the right moment for the right price to the right client 3 major forecasts the Loews Chicago utilizes - ANSWER-budge, rolling forecast, 14 day forecast Index - ANSWER-the measurement of a hotel's performance relative to an aggregated grouping of hotels or comp set demand and placement generators - ANSWER-special events, comp set, citywide programs and loyalty programs attrition - ANSWER-the under-consumption (under-use) of, or the failure to achieve a committed number of group rooms and/or room nights
Written for
- Institution
- Hotel lodging Revenue management
- Course
- Hotel lodging Revenue management
Document information
- Uploaded on
- June 24, 2024
- Number of pages
- 11
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
-
hotel lodging revenue management exam questions wi
-
hotel lodging revenue management exam stuvia
-
revenue management principle answer selling the
Also available in package deal