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:
Verified
Related Questions
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