When hotels, motels, and airlines offer discounts in slow selling periods, they are said to be offering ________.
A) trade discounts
B) quantity discounts
C) functional discounts
D) seasonal discounts
E) trade-in allowances

Question

Quizplus · Accepted Answer

Seasonal discounts are offered during slow selling periods to attract customers and increase sales. Hotels, motels, and airlines often use this technique to fill vacant rooms/seats during off-seasons or weekdays. Trade discounts are offered to businesses in the same industry, quantity discounts are given on bulk purchases, functional discounts are given for payment methods, and trade-in allowances are given for exchanging an old product for a new one. Therefore, seasonal discounts are the most appropriate for this scenario.

When Hotels, Motels, and Airlines Offer Discounts in Slow Selling