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Chapter 7: Revenue Management Exam Questions With 100% Accurate Solutions
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revenue manager - ANSWER-individual at a hotel property responsible for optimizing rooms RevPAR inventory - ANSWER-all guest rooms available to be sold negotiated rates - ANSWER-special room rate offered for a fixed period of time to a specific hotel client blackout dates - ANSWER-any day a hotel will not honor a negotiated rate length of stay (LOS) - ANSWER--The number of nights a hotel's individual guest # of nights a hotel's individual guests use their rates stay over - ANSWER-guest not scheduled to check out of the hotel on the day his or her room is assessed. That is the guest will be staying at least one more day.
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Chapter 7: Revenue Management
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Chapter 7: Revenue Management
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