If a hotel has the highest average rate in the market it
A)is the rate leader in the market.
B)usually has a high occupancy as well.
C)has a high Revpar.
D)is making a lot of money.

Question

Quizplus · Accepted Answer

If a hotel has the highest average rate in the market, it is considered the rate leader in the market. This does not necessarily mean it has a high occupancy or Revpar, or is making a lot of money.

If a Hotel Has the Highest Average Rate in the Market