Hospitality Revenue
Management Quiz 5 with
100% correct answers
Alice is the revenue manager at the Granger hotel.
A large volume customer wants a price quote from
Alice on 50 rooms per week for the next 52 weeks.
Each room would be rented for two days at a time.
How many room nights will Alice be quoting on?
5200
Hotel revenue managers face hard supply
constraints. In which industry below are hard
constraints also likely to be encountered?
Hair Salons
Lisa is the revenue manager of a 500 room hotel
property. Next week-end demand for her rooms will
exceed the number of rooms she has available for
sale. Which high demand pricing strategy will
optimize revenue for her property?
Implement a differential pricing strategy and
allocate the limited supply to those market
segments who value the rooms most highly
What two factors establish a restaurant's weekly
customer capacity?
Number of seats and number of hours open per
week
Management Quiz 5 with
100% correct answers
Alice is the revenue manager at the Granger hotel.
A large volume customer wants a price quote from
Alice on 50 rooms per week for the next 52 weeks.
Each room would be rented for two days at a time.
How many room nights will Alice be quoting on?
5200
Hotel revenue managers face hard supply
constraints. In which industry below are hard
constraints also likely to be encountered?
Hair Salons
Lisa is the revenue manager of a 500 room hotel
property. Next week-end demand for her rooms will
exceed the number of rooms she has available for
sale. Which high demand pricing strategy will
optimize revenue for her property?
Implement a differential pricing strategy and
allocate the limited supply to those market
segments who value the rooms most highly
What two factors establish a restaurant's weekly
customer capacity?
Number of seats and number of hours open per
week
