Regarding room rates:
A) Resort hotels have used incentive rates successfully to get leisure guests to check out early
B) Upselling produces its most dramatic effects on sold-out days
C) Conventions are often charged the same for single or double occupancy
D) New York City has the world's highest ADR
E) All of the above
Correct Answer:
Verified
Q5: The double rate has always been twice
Q6: Elasticity is a change in:
A) Rate resulting
Q7: Which of the following is out-of-place with
Q8: Among the surprising surcharges that some hotels
Q9: The Building Cost (Room) Rate:
A) Works out
Q11: Sketch or explain why one guest who
Q12: Inelastic markets respond to small changes in
Q13: Industry experience has proven that declines both
Q14: The rate spread (that is, the amount
Q15: The hotel industry uses fewer rate categories
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