Exam (elaborations)
Revenue Management Midterm Q&A
- Course
- Institution
4 P's that ensure you have an accurate competitive set - Answer-1) Product (number of rooms, open date, hotel type, meeting space, amenities) 2) Proximity (distance, market and tract, location) 3) Pricing (scale, class) 4) Participation (monthly, daily, segmentation, additional revenue) ...
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