Final exam hosp 3100 - Study guides, Revision notes & Summaries
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FINAL EXAM HOSP 3100 QUESTIONS AND ANSWERS
- Exam (elaborations) • 3 pages • 2023
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FINAL EXAM HOSP 3100 
QUESTIONS AND ANSWERS 
What is hotel Revenue Management? Explain your answer - ANS->>Selling the right 
product (suite, club etc.) to the right customer (what segment?) at the right time(lead 
time) for the right price(strategies) through the right channel (GDS, OTA, B 
etc.) with the best cost efficiency (margin, commission, labour); 
Optimizing revenue by using tools (reports, systems, recommendations, and 
competitive intelligence), experience and insight towar...
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FINAL EXAM HOSP 3100 QUESTIONS AND ANSWERS
- Exam (elaborations) • 3 pages • 2024
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What is hotel Revenue Management? Explain your answer - Answer-Selling the right product (suite, club etc.) to the right customer (what segment?) at the right time(lead time) for the right price(strategies) through the right channel (GDS, OTA, B etc.) with the best cost efficiency (margin, commission, labour); 
Optimizing revenue by using tools (reports, systems, recommendations, and competitive intelligence), experience and insight toward achieving best possible results 
 
What is a DORM respon...
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FINAL EXAM HOSP 3100 COMPLETE QUESTIONS AND ASNWERS | VERIFIED
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FINAL EXAM HOSP 3100 COMPLETE QUESTIONS AND ASNWERS | VERIFIED
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FINAL EXAM HOSP 3100 with 100% correct answers | verified | latest updated 2024
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FINAL EXAM HOSP 310 with 100% correct answers | verified | latest updated 2024 
 
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HOSP 3100 FINAL EXAM-with 100% verified solutions 2024-2025
- Exam (elaborations) • 5 pages • 2024
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HOSP 3100 FINAL EXAM-with 100% verified solutions
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FINAL EXAM HOSP 3100
- Exam (elaborations) • 3 pages • 2024
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FINAL EXAM HOSP 3100
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HOSP 3100 FINAL EXAM-with 100% verified solutions 2024-2025
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HOSP 3100 FINAL EXAM-with 100% verified solutions
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HOSP 3100 FINAL EXAM-with 100% verified solutions 2024-2025
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HOSP 3100 FINAL EXAM-with 100% verified solutions
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FINAL EXAM HOSP 3100.
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FINAL EXAM HOSP 3100.
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FINAL EXAM HOSP 3100 Updated Questions with Answers Graded A +
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FINAL EXAM HOSP 3100 Updated Questions 
with Answers Graded A + 
5 step revenue management - Answer 1- identify the contracts with the customer; 
2-identify the performance obligations in the contract; 
3-determine the transaction price; 
4-allocate the transaction price to the performance obligations; 
5-recognize revenue when the performance obligation is satisfied 
Explain how a DORM works with a DOSM to best plan for their hotel's financial success. - Answer 
Planning for optimal transient/...
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