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What factors does one yield v2 uses to calculate hurdle revenue? - CORRECT ANSWER-
Remaining unconstrained transient demand, available transient supply, and implemented
rate in HPP
Excluding or including To-Be's on the group projections screen in one Yield v2 will
automatically update the To-Be's forecast in Revenue Planning. - CORRECT ANSWER-False
The allotments screen is where the number of transient rooms, with _____, by account and
total can be viewed, forecasted, and validated. - CORRECT ANSWER-Guaranteed Availability
Many individals on the hotel team have input into the supply forecast, therefore strong
communication and collaboration is impressive. - CORRECT ANSWER-True
In what situations might the cancellation forecast be adjusted? - CORRECT ANSWER-A
group event expected to end a day early causing many of the group guests that have booked
outside of the group block to leave early. An unexpected weather event anticipated to
impact travel.
What reason best describes when the group block slippage override field, on the total hotel
authorizations screen, would be used? - CORRECT ANSWER-Adjust for significant intra-day
group changes.
What factors make up the total hotel authorizations supply calculation? - CORRECT
ANSWER-Physical capacity, Group blockage slippage, Cancellation forecast, and out of order.
, Situation when a Revenue manager might choose to exclude to be's from one yield version 2
optimization process. - CORRECT ANSWER-Arrival date is approaching and there is no
activity in the group funnel.
The sell status defined on the allotments screen has no impact on available transient supply,
and is not considered in the available transient supply calculation. It is used to help guide
the way in which the forecast is defined. - CORRECT ANSWER-True
The transient cancellation forecast applies to ________. - CORRECT ANSWER-Transient
rooms that have been booked.
Out of order rooms should be defined and managed in/ on the _____. This is the system of
record. - CORRECT ANSWER-Out of order screen in one yield v2.
A poor rooms projections may cause the following to happen at a hotel. - CORRECT
ANSWER-The restaurant runs out of a signature menu item. A customer not getting room
service delivered in a timely manner. An overstaffed front desk.
Sales and marketing may use the rooms projection to: - CORRECT ANSWER-Choose the
amount of group or contact business the hotel should take, help identify new marketing
promotions opportunities, and indenting what key customers and segments to focus the
sales effort on.
Creating a hotels room projections is best achieved by developing the forecast in three
customer segments (groups, contracts , and transient). What is true about projecting these
segments? - CORRECT ANSWER-These customer segments have different booking
characteristics that require each to be projected independently.
Responsibility each department has within the projection process. Sales: - CORRECT
ANSWER-The initial group projections.
Responsibility each department has within the projection process. Event Management: -
CORRECT ANSWER-Updating group room projections between contract commitment date
and arrival.