Revenue Management Final
Exam 2025/2026| COMPLETE
EXAM SET (questions and
verified answers)frequently
most tested questions |
already passed!!
What is the main reason that travelers today have more clout than ever before? - correct
answersThey have information on virtually everything at their fingertips.
Revenue Management is NOT necessarily about... - correct answersAchieving 100 % occupancy
and a perfect science
The Hurdle Rate is...? - correct answersThe Lowest Rate for a Given Day
A benefit of variable pricing within revenue management is the smoothing of demand. T/F -
correct answersTrue
Revenue management is a set of revenue maximization strategies and tactics that... - correct
answerscan be used to improve the profitability of certain businesses.
, In January, the 200-room SnowBound Inn ran a skiers special that resulted in them selling 5,735
rooms during the month. What was the occupancy percentage for the month? - correct
answersOccupancy % = Room nights sold in a period / Room nights available in that period
Answer: 5,735 / (200x31) = 5,,200 = 92.5%
When the American Airlines CEO developed yield management, what type of information was
crucial to its success? - correct answersforecasting
The goal of revenue management is to MAXIMIZE REVENUE per Available Time-Based Inventory
Unit (or RevPATI). RevPATI formula applied to all industries translates into...? - correct
answersCapacity Utilization x Average Revenue per Service Transaction
Which of the following is NOT a criterion needed for an industry to unlock the full potential of
revenue management? - correct answerslow fixed costs and high variable costs
To interpret measures of a hotel's performance, managers often compare those measures with:
- correct answersindustry or sector averages, the budget for the period, and historical figures
from comparable earlier periods at the hotel.
Which of the following statements about hotel revenue management is FALSE? - correct
answersRevenue management is new, as are all of the strategies that are employed to maximize
profit.
Revenue Management includes a multidisciplinary management techniques applied to several
sub-sectors of the hospitality. Which of the following is NOT one discipline within Revenue
Management? - correct answersLogistics Management
Identify which of these is not a positive of using revenue management strategies and tactics: -
correct answersMotivate employees
Exam 2025/2026| COMPLETE
EXAM SET (questions and
verified answers)frequently
most tested questions |
already passed!!
What is the main reason that travelers today have more clout than ever before? - correct
answersThey have information on virtually everything at their fingertips.
Revenue Management is NOT necessarily about... - correct answersAchieving 100 % occupancy
and a perfect science
The Hurdle Rate is...? - correct answersThe Lowest Rate for a Given Day
A benefit of variable pricing within revenue management is the smoothing of demand. T/F -
correct answersTrue
Revenue management is a set of revenue maximization strategies and tactics that... - correct
answerscan be used to improve the profitability of certain businesses.
, In January, the 200-room SnowBound Inn ran a skiers special that resulted in them selling 5,735
rooms during the month. What was the occupancy percentage for the month? - correct
answersOccupancy % = Room nights sold in a period / Room nights available in that period
Answer: 5,735 / (200x31) = 5,,200 = 92.5%
When the American Airlines CEO developed yield management, what type of information was
crucial to its success? - correct answersforecasting
The goal of revenue management is to MAXIMIZE REVENUE per Available Time-Based Inventory
Unit (or RevPATI). RevPATI formula applied to all industries translates into...? - correct
answersCapacity Utilization x Average Revenue per Service Transaction
Which of the following is NOT a criterion needed for an industry to unlock the full potential of
revenue management? - correct answerslow fixed costs and high variable costs
To interpret measures of a hotel's performance, managers often compare those measures with:
- correct answersindustry or sector averages, the budget for the period, and historical figures
from comparable earlier periods at the hotel.
Which of the following statements about hotel revenue management is FALSE? - correct
answersRevenue management is new, as are all of the strategies that are employed to maximize
profit.
Revenue Management includes a multidisciplinary management techniques applied to several
sub-sectors of the hospitality. Which of the following is NOT one discipline within Revenue
Management? - correct answersLogistics Management
Identify which of these is not a positive of using revenue management strategies and tactics: -
correct answersMotivate employees
