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The Purpose of Revenue Management Is To

Question 1

Multiple Choice

The purpose of revenue management is to:


A) Ensure total revenue increases each year.
B) Promote an even follow of revenue throughout the year.
C) Maximise total revenue by using demand forecasts to determine what price to charge for a class of rooms on a particular day.
D) Ensure room night prices are relatively consistent across the year.
E) Maximise room occupancy throughout the year.

Correct Answer:

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