REVENUE MANAGEMENT EXAM
REVENUE MANAGEMENT EXAM QUESTIONS AND ANSWERS GRADED A+
The hurdle rate is - correct answer the lowest rate for a given day
Revenue Management can be defined as - correct answer A set of
strategies and techniques used to sell the right product, to the
right customer, at the right time and at the right prices
What is the main reason that travelers today have more clout
than ever before - correct answer They have information on virtually
everything at their fingertips
Identify which of these is not a positive of using revenue
management strategies and tactics: - correct answer motivate
employees
, REVENUE MANAGEMENT EXAM
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 answer Logistics Management
Revenue management is a set of revenue maximization
strategies and tactics that: - correct answer can be used to improve
the profitability of certain businesses
If a 300-room hotel achieves 70 percent occupancy for April at
an ADR of $153 per room, what will room revenue equal? - correct
answer $939,900
A benefit of variable pricing within revenue management is the
smoothing of demand - correct answer True
Which of the following is NOT a criterion needed for an industry
to unlock the full potential of revenue management? - correct
answer low fixed cost and high variable costs
Revenue Management is a computer system and is price
discounting. - correct answer False
REVENUE MANAGEMENT EXAM QUESTIONS AND ANSWERS GRADED A+
The hurdle rate is - correct answer the lowest rate for a given day
Revenue Management can be defined as - correct answer A set of
strategies and techniques used to sell the right product, to the
right customer, at the right time and at the right prices
What is the main reason that travelers today have more clout
than ever before - correct answer They have information on virtually
everything at their fingertips
Identify which of these is not a positive of using revenue
management strategies and tactics: - correct answer motivate
employees
, REVENUE MANAGEMENT EXAM
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 answer Logistics Management
Revenue management is a set of revenue maximization
strategies and tactics that: - correct answer can be used to improve
the profitability of certain businesses
If a 300-room hotel achieves 70 percent occupancy for April at
an ADR of $153 per room, what will room revenue equal? - correct
answer $939,900
A benefit of variable pricing within revenue management is the
smoothing of demand - correct answer True
Which of the following is NOT a criterion needed for an industry
to unlock the full potential of revenue management? - correct
answer low fixed cost and high variable costs
Revenue Management is a computer system and is price
discounting. - correct answer False
