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hotel revenue management Exam Questions 100% Scored Answers
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hotel revenue management - ANSWER-Selling the right product. Correct brand, room type, and/or meeting space. To the right customer. Transient or Group/Business or Pleasure. At the right time. The booking window of how far out guests book. For the right price. Properly position rates for each segment. maximize revenue - ANSWER-Pricing Strategy. How do we price our product? Inventory Management. How many rooms are made available at each price point? Selling Strategy. How do we sell our product? Price - ANSWER-Price the product appropriately based on seasonality.
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Institution
Hotel Revenue Management
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Hotel revenue management
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Written for
- Institution
- Hotel revenue management
- Course
- Hotel revenue management
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- Uploaded on
- June 27, 2024
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- Written in
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hotel revenue management exam questions 100 score
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hotel revenue management exam questions stuvia
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hotel revenue management answer selling the righ
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