2/10/25, 10:26 AM 2025 REVENUE MANAGEMENT FINAL EXAM | ALL 130 QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ Fla…
2025 REVENUE MANAGEMENT FINAL EXAM |
ALL 130 QUESTIONS AND CORRECT ANSWERS |
ALREADY GRADED A+
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Practice questions for this set
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Studied 7 terms
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Terms in this set (180)
What is the industry term Total Revenues
used to describe the sum
of prices paid by a
business's customers?
Historically, what concept Costs
have hospitality managers
chiefly used to calculate
their selling prices?
https://quizlet.com/1003816948/2025-revenue-management-final-exam-all-130-questions-and-correct-answers-already-graded-a-flash-cards/?new 1/20
,2/10/25, 10:26 AM 2025 REVENUE MANAGEMENT FINAL EXAM | ALL 130 QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ Fla…
What is an algebraic Profit = Sales - Costs
equivalent of the formula:
Sales = Costs + Profit?
What is the name for the Profit
net value achieved by
both parties in a business
transaction?
What element is not Money
present in a barter
economy?
What is the formula used Owner's Investment Return / Owner's Original
to calculate an owner's Investment = Owner's Return on Investment
ROI?
Sandy has 100 hotel rooms Constrained Supply
to sell. 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 Airline
first to use Yield
Management principles?
What is the industry term Overbooking
used to describe the
selling of rooms which are
not actually available for
sale?
What is the formula used Total Room's Revenue / Total Rooms Sold = Average
to calculate Average Daily Daily Rate
Rate?
https://quizlet.com/1003816948/2025-revenue-management-final-exam-all-130-questions-and-correct-answers-already-graded-a-flash-cards/?new 2/20
, 2/10/25, 10:26 AM 2025 REVENUE MANAGEMENT FINAL EXAM | ALL 130 QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ Fla…
Tashia's hotel sold 175 70%
rooms last night at an ADR
of $200.00. Her hotel has
250 rooms. What was
Tashia's occupancy % last
night?
Tashia's hotel sold 175 $140.00
rooms last night at an ADR
of $200.00. Her hotel has
250 rooms. What was
Tashia's RevPAR last night?
What is the industry term RevPOR
for the average revenue
generated by each
occupied guestroom
during a defined period of
time?
What is the formula used (Total Revenue - Management Controllable Expenses)
to calculate GOPPAR? / Rooms Available to Sell = GOPPAR
What is the industry term Market Segment
for a customer group
which can be readily
identified by one or more
common characteristics?
The price of rooms when no discounts of any type are
What is rack rate?
offered
What is: The formula for RevPASH
Total period revenue
(Number of available
seats) x (hours of seat
availability)
https://quizlet.com/1003816948/2025-revenue-management-final-exam-all-130-questions-and-correct-answers-already-graded-a-flash-cards/?new 3/20
2025 REVENUE MANAGEMENT FINAL EXAM |
ALL 130 QUESTIONS AND CORRECT ANSWERS |
ALREADY GRADED A+
Save
Practice questions for this set
Learn
Studied 7 terms
Nice work, you're crushing it
Continue studying in Learn
Terms in this set (180)
What is the industry term Total Revenues
used to describe the sum
of prices paid by a
business's customers?
Historically, what concept Costs
have hospitality managers
chiefly used to calculate
their selling prices?
https://quizlet.com/1003816948/2025-revenue-management-final-exam-all-130-questions-and-correct-answers-already-graded-a-flash-cards/?new 1/20
,2/10/25, 10:26 AM 2025 REVENUE MANAGEMENT FINAL EXAM | ALL 130 QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ Fla…
What is an algebraic Profit = Sales - Costs
equivalent of the formula:
Sales = Costs + Profit?
What is the name for the Profit
net value achieved by
both parties in a business
transaction?
What element is not Money
present in a barter
economy?
What is the formula used Owner's Investment Return / Owner's Original
to calculate an owner's Investment = Owner's Return on Investment
ROI?
Sandy has 100 hotel rooms Constrained Supply
to sell. 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 Airline
first to use Yield
Management principles?
What is the industry term Overbooking
used to describe the
selling of rooms which are
not actually available for
sale?
What is the formula used Total Room's Revenue / Total Rooms Sold = Average
to calculate Average Daily Daily Rate
Rate?
https://quizlet.com/1003816948/2025-revenue-management-final-exam-all-130-questions-and-correct-answers-already-graded-a-flash-cards/?new 2/20
, 2/10/25, 10:26 AM 2025 REVENUE MANAGEMENT FINAL EXAM | ALL 130 QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ Fla…
Tashia's hotel sold 175 70%
rooms last night at an ADR
of $200.00. Her hotel has
250 rooms. What was
Tashia's occupancy % last
night?
Tashia's hotel sold 175 $140.00
rooms last night at an ADR
of $200.00. Her hotel has
250 rooms. What was
Tashia's RevPAR last night?
What is the industry term RevPOR
for the average revenue
generated by each
occupied guestroom
during a defined period of
time?
What is the formula used (Total Revenue - Management Controllable Expenses)
to calculate GOPPAR? / Rooms Available to Sell = GOPPAR
What is the industry term Market Segment
for a customer group
which can be readily
identified by one or more
common characteristics?
The price of rooms when no discounts of any type are
What is rack rate?
offered
What is: The formula for RevPASH
Total period revenue
(Number of available
seats) x (hours of seat
availability)
https://quizlet.com/1003816948/2025-revenue-management-final-exam-all-130-questions-and-correct-answers-already-graded-a-flash-cards/?new 3/20
