ONE YIELD V2 EXAM QUESTIONS WITH
COMPLETE SOLUTIONS
T/F: One yield v2 will base its transient remaining demand forecast and hurdle
calculation on the retail rates I have chosen to implement in HPP. - ANSWER-True
Reviewing the priority dates in the rates advisor is the third step in the daily revenue
management process after reviewing any priority dates in the ____. - ANSWER-
Demand and Supply Advisor
T/F: The default percent for the RPO user defined setting is set at 10% above or below
the recommended price. - ANSWER-True
T/F: Data in the Demand and Supply forecasts is not used to determine retail rate
recommendations. - ANSWER-False
If a hotel does not implement RPO's ________ the retail component of the transient
remaining demand forecast may change based upon the rate elasticity of the hotel. -
ANSWER-Recommended Rate
T/F: The priority dates on the retail rates advisor will display in the list in chronological
order based on use defined thresholds. - ANSWER-True
T/F: A retail priority date will be generated when the difference between the RPO
recommended retail rate the current selling rate exceeds hotel's user defined threshold.
- ANSWER-True
In one yield v2, the unconstrained transient remaining demand forecast includes
estimated _________ demand bases upon the implemented retail rate in HPP. -
ANSWER-Retailed-tied
What factors does one yield v2 uses to calculate hurdle revenue? - ANSWER-
Remaining unconstrained transient demand, available transient supply, and
implemented rate in HPP
Excluding or including To-Be's on the group projections screen in one Yield v2 will
automatically update the To-Be's forecast in Revenue Planning. - ANSWER-False
The allotments screen is where the number of transient rooms, with _____, by account
and total can be viewed, forecasted, and validated. - ANSWER-Guaranteed Availability
, Many individals on the hotel team have input into the supply forecast, therefore strong
communication and collaboration is impressive. - ANSWER-True
In what situations might the cancellation forecast be adjusted? - ANSWER-A group
event expected to end a day early causing many of the group guests that have booked
outside of the group block to leave early. An unexpected weather event anticipated to
impact travel.
What reason best describes when the group block slippage override field, on the total
hotel authorizations screen, would be used? - ANSWER-Adjust for significant intra-day
group changes.
What factors make up the total hotel authorizations supply calculation? - ANSWER-
Physical capacity, Group blockage slippage, Cancellation forecast, and out of order.
Situation when a Revenue manager might choose to exclude to be's from one yield
version 2 optimization process. - ANSWER-Arrival date is approaching and there is no
activity in the group funnel.
The sell status defined on the allotments screen has no impact on available transient
supply, and is not considered in the available transient supply calculation. It is used to
help guide the way in which the forecast is defined. - ANSWER-True
Other revenue - ANSWER-Might include part day and no show revenue
Both rebate and other revenue - ANSWER-Entered as a currency amount per occupied
room.
Sellout capacity - ANSWER-May be adjusted to account for complimentary rooms.
What indicator notifies that the projected occupancy (including out of order rooms)
meets or exceeds the sellout occupancy? - ANSWER-Projected / actual occupancy will
be highlighted in blue.
The transient cancellation forecast applies to ________. - ANSWER-Transient rooms
that have been booked.
Out of order rooms should be defined and managed in/ on the _____. This is the system
of record. - ANSWER-Out of order screen in one yield v2.
A poor rooms projections may cause the following to happen at a hotel. - ANSWER-The
restaurant runs out of a signature menu item. A customer not getting room service
delivered in a timely manner. An overstaffed front desk.
Sales and marketing may use the rooms projection to: - ANSWER-Choose the amount
of group or contact business the hotel should take, help identify new marketing
COMPLETE SOLUTIONS
T/F: One yield v2 will base its transient remaining demand forecast and hurdle
calculation on the retail rates I have chosen to implement in HPP. - ANSWER-True
Reviewing the priority dates in the rates advisor is the third step in the daily revenue
management process after reviewing any priority dates in the ____. - ANSWER-
Demand and Supply Advisor
T/F: The default percent for the RPO user defined setting is set at 10% above or below
the recommended price. - ANSWER-True
T/F: Data in the Demand and Supply forecasts is not used to determine retail rate
recommendations. - ANSWER-False
If a hotel does not implement RPO's ________ the retail component of the transient
remaining demand forecast may change based upon the rate elasticity of the hotel. -
ANSWER-Recommended Rate
T/F: The priority dates on the retail rates advisor will display in the list in chronological
order based on use defined thresholds. - ANSWER-True
T/F: A retail priority date will be generated when the difference between the RPO
recommended retail rate the current selling rate exceeds hotel's user defined threshold.
- ANSWER-True
In one yield v2, the unconstrained transient remaining demand forecast includes
estimated _________ demand bases upon the implemented retail rate in HPP. -
ANSWER-Retailed-tied
What factors does one yield v2 uses to calculate hurdle revenue? - ANSWER-
Remaining unconstrained transient demand, available transient supply, and
implemented rate in HPP
Excluding or including To-Be's on the group projections screen in one Yield v2 will
automatically update the To-Be's forecast in Revenue Planning. - ANSWER-False
The allotments screen is where the number of transient rooms, with _____, by account
and total can be viewed, forecasted, and validated. - ANSWER-Guaranteed Availability
, Many individals on the hotel team have input into the supply forecast, therefore strong
communication and collaboration is impressive. - ANSWER-True
In what situations might the cancellation forecast be adjusted? - ANSWER-A group
event expected to end a day early causing many of the group guests that have booked
outside of the group block to leave early. An unexpected weather event anticipated to
impact travel.
What reason best describes when the group block slippage override field, on the total
hotel authorizations screen, would be used? - ANSWER-Adjust for significant intra-day
group changes.
What factors make up the total hotel authorizations supply calculation? - ANSWER-
Physical capacity, Group blockage slippage, Cancellation forecast, and out of order.
Situation when a Revenue manager might choose to exclude to be's from one yield
version 2 optimization process. - ANSWER-Arrival date is approaching and there is no
activity in the group funnel.
The sell status defined on the allotments screen has no impact on available transient
supply, and is not considered in the available transient supply calculation. It is used to
help guide the way in which the forecast is defined. - ANSWER-True
Other revenue - ANSWER-Might include part day and no show revenue
Both rebate and other revenue - ANSWER-Entered as a currency amount per occupied
room.
Sellout capacity - ANSWER-May be adjusted to account for complimentary rooms.
What indicator notifies that the projected occupancy (including out of order rooms)
meets or exceeds the sellout occupancy? - ANSWER-Projected / actual occupancy will
be highlighted in blue.
The transient cancellation forecast applies to ________. - ANSWER-Transient rooms
that have been booked.
Out of order rooms should be defined and managed in/ on the _____. This is the system
of record. - ANSWER-Out of order screen in one yield v2.
A poor rooms projections may cause the following to happen at a hotel. - ANSWER-The
restaurant runs out of a signature menu item. A customer not getting room service
delivered in a timely manner. An overstaffed front desk.
Sales and marketing may use the rooms projection to: - ANSWER-Choose the amount
of group or contact business the hotel should take, help identify new marketing
