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What is the order of the 5 step Transient revenue management process? -
Answer✅✅1.Demand 2.Supply
3.Rates
4.Hurdle
5.Inventory
What 4 sections are on the ADVisor screen? - Answer✅✅Priority dates, calendar,
key metrics, actions
What are Active Alerts? How are they indicated? - Answer✅✅Indicates a system
processing failure. Indicated by an orange circle under the step of the Revenue
management process affected.
How often are priority dates generated? - Answer✅✅generated upon the first
optimization of the day.
Priority dates for Rates and Inventory will update throughout the day when intraday
optimizations occur.
Room Collections - Answer✅✅groupings of MARSHA room pools that have similar
booking windows and demand patterns.
, T/F all existing room pools must be assigned to a room collection - Answer✅✅True
T/F A room pool can be assigned to more than one room collection -
Answer✅✅False
Room Collections are utilized on the ___,___,___ and screens - Answer✅✅demand,
rates, and hurdle
What make up the key metrics for the Demand Advisor - Answer✅✅Applied
remaining demand vs. system remaining demand stly, total transient demand vs. stly,
transient booked vs. stly
How many years of historical data does the unconstrained transient demand
forecast consider? - Answer✅✅3 years
What would be a situation causing an override in demand? - Answer✅✅An out of
the ordinary situation is anticipated and one yield has not yet recognized it.
Should you click save or implement first after a demand overide? - Answer✅✅Save
first then if there are no other changes to be made to the other ADVisor screens click
implement.
The Unconstrained Transient Demand Forecast is a rate _______ forecast. -
Answer✅✅Elastic
T/F if a retail rate other than the recommended rate is implemented, One Yield will
adjust the remaining transient de4mand forecast accordingly. - Answer✅✅True
What is included in Group projections on the demand graph? -
Answer✅✅definite+tenative (revenue planning)+ Comp rooms (mkt code)+
Contract (Revenue Planning)+ allotments+ Group to-bes (if included in manage
supply screen)
Why would you want to lock overides? - Answer✅✅to protect the dates from being
cleared when you are clearing overides for a range of dates.
How do you access the demand info by demand segment and room collection? -
Answer✅✅Clicking on the arrow at the bottom of the demand grid
T/F Room Collections are made up of groupings of room pools - Answer✅✅True
T/F Available Transient Supply is used to calculate the inventory outputs -
Answer✅✅False- Total Hotel Authorizations
The ______ is the number of rooms that one yield recognizes as available for sale to
transient customers. - Answer✅✅Available transient supply
New Expert Exam Questions with
Correct Clear Answers|| All Graded
A+|| Latest Update|| 100%
Guaranteed Success.
What is the order of the 5 step Transient revenue management process? -
Answer✅✅1.Demand 2.Supply
3.Rates
4.Hurdle
5.Inventory
What 4 sections are on the ADVisor screen? - Answer✅✅Priority dates, calendar,
key metrics, actions
What are Active Alerts? How are they indicated? - Answer✅✅Indicates a system
processing failure. Indicated by an orange circle under the step of the Revenue
management process affected.
How often are priority dates generated? - Answer✅✅generated upon the first
optimization of the day.
Priority dates for Rates and Inventory will update throughout the day when intraday
optimizations occur.
Room Collections - Answer✅✅groupings of MARSHA room pools that have similar
booking windows and demand patterns.
, T/F all existing room pools must be assigned to a room collection - Answer✅✅True
T/F A room pool can be assigned to more than one room collection -
Answer✅✅False
Room Collections are utilized on the ___,___,___ and screens - Answer✅✅demand,
rates, and hurdle
What make up the key metrics for the Demand Advisor - Answer✅✅Applied
remaining demand vs. system remaining demand stly, total transient demand vs. stly,
transient booked vs. stly
How many years of historical data does the unconstrained transient demand
forecast consider? - Answer✅✅3 years
What would be a situation causing an override in demand? - Answer✅✅An out of
the ordinary situation is anticipated and one yield has not yet recognized it.
Should you click save or implement first after a demand overide? - Answer✅✅Save
first then if there are no other changes to be made to the other ADVisor screens click
implement.
The Unconstrained Transient Demand Forecast is a rate _______ forecast. -
Answer✅✅Elastic
T/F if a retail rate other than the recommended rate is implemented, One Yield will
adjust the remaining transient de4mand forecast accordingly. - Answer✅✅True
What is included in Group projections on the demand graph? -
Answer✅✅definite+tenative (revenue planning)+ Comp rooms (mkt code)+
Contract (Revenue Planning)+ allotments+ Group to-bes (if included in manage
supply screen)
Why would you want to lock overides? - Answer✅✅to protect the dates from being
cleared when you are clearing overides for a range of dates.
How do you access the demand info by demand segment and room collection? -
Answer✅✅Clicking on the arrow at the bottom of the demand grid
T/F Room Collections are made up of groupings of room pools - Answer✅✅True
T/F Available Transient Supply is used to calculate the inventory outputs -
Answer✅✅False- Total Hotel Authorizations
The ______ is the number of rooms that one yield recognizes as available for sale to
transient customers. - Answer✅✅Available transient supply
