A hotel's hurdle rate is ________
A) lowest rate a hotel will offer for a particular room
B) highest rate a hotel will charge for a particular room
C) average profit per room
D) range of prices charged for similar rooms
Correct Answer:
Verified
Q23: Which of the following is false about
Q24: Over time,artificial intelligence will be used to
Q25: Amazon's has more than 70% of the
Q26: Hotels sometimes use a revenue optimization system
Q27: Using dynamic pricing a company monitors price
Q29: The testing site for Amazon's drone delivery
Q30: The practice of using dynamic pricing was
Q31: The practice of using dynamic pricing was
Q32: An empty hotel room brings in no
Q33: Which pricing approach calculates the amount that
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents