Hotel industry Samenvattingen, Aantekeningen en Examens

FINAL EXAM HOSP 3100 QUESTIONS AND ANSWERS What is hotel Revenue Management? Explain your answer - ANS->>Selling the right product (suite, club etc.) to the right customer (what segment?) at the right time(lead time) for the right price(strategies) through the right channel (GDS, OTA, B etc.) with the best cost efficiency (margin, commission, labour); Optimizing revenue by using tools (reports, systems, recommendations, and competitive intelligence), experience and insight towar...

100% SOLUTIONS FOR DTM3704... QUESTIONS ASKED The city of Barcelona welcomes an exceptionally large number of tourists every year. According to the good principles of tourism practice, this is unacceptable because every destination must set a limit to the amount of tourists it receives. What kind of negative impact does this refer to? During the development of the city of Barcelona, a large number of tourism components were used and a considerable amount of money was spent by the Spanish ...

Certification in Hotel Industry Analytics (CHIA) Questions And Answers Certification in Hotel Industry Analytics (CHIA) Questions And Answers

Which of the following statements about hotel food and beverage operations is TRUE? a. Hotel marketing efforts focus exclusively on attracting hotel guests to dine at the property's food and beverage outlets. b. Room service is typically the most profitable food service operation in a hotel. c. The restaurant manager in a hotel has greater decision-making powers than a manager of a freestanding restaurant. d. Catering responsibilities in a hotel are generally a function of the marketing and...

The competitive set report in a monthly STAR Report shows what information? - ANSWER-18 months of monthly data and 3 years of YTD, running 3-month, and running 12-month data What does the line graph at the top of the competitive set report in a monthly STAR Report show? - ANSWER-Index values for occupancy, ADR, and RevPAR Hotels and hotel companies outside the U.S. may receive STAR Reports in what currency? - ANSWER-Local currency, U.S. dollars, or a third currency (the company gets to dec...

CHAPTER Version A I. True or _________ 1. _________ 2. _________ 3. _________ 4. _________ 5. known as suppliers. II. Write down the letter of the answer that best answers the question or completes the statement. _________ 6. The term VFR travel refers to: A. Visiting Friends and Relatives B. Very Frequent Reservations C. Very Favorable Restrictions D. Trick question: VFR refers to nothing _________ 7. Which of the following is not a sector of the travel industry? A. Corporate t...

mgmt principles of managements Canadian - test banks, Chapter 2 Organizational Environments and Cultures MULTICHOICE 1. What are the two types of external organizational environments? (A) general and specific (B) public and private (C) global and national (D) organizational and interpersonal Answer : (A) 2. Which of the following environments affects all organizations? (A) the global environment (B) the national environment (C) the general environment (D) the formal environment Answer :...

CHIA - Certification in Hotel Industry Analytics

TICO is funded by a. the Ontario government b. consumers c. Ontario registrants d. the Canadian travel industry - ANSWER-c. Ontario registrants TICO works with consumers to ensure that a. they are aware of their rights under the Travel Industry Act, 2002 b. they take their vacations in Ontario c. the travel industry is promoted to consumers d. consumers receive the lowest price from travel agents - ANSWER-a. they are aware of their rights under the Travel Industry Act, 2002 TIC...