Hotel management - Samenvattingen, Aantekeningen en Examens

Samenvatting Hotel Operations 2 | International Hotel & Hospitality Management | Alle belangrijke punten (+ extra uitleg) om jouw tentamen te halen!

MNG3702 Assignment 2 (DETAILED ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references .... Michelin is a leading French brand and manufacturer of tires and rubber products.The company was founded in 1888 by two Michelin brothers and grew to one of the largest tyre manufacturers in the world, with a market share of 14.8% in 2023. Oddly enough, the company also sells popular travel guides and road maps. They ...

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...

AINS 102 UPDATED PT 1 Questions & Answers Which one of the following is considered real property? Select one: A. An automobile B. A house C. Furniture D. A motorhome - ANS-B The Davis family suffered extensive fire damage to its home and was temporarily unable to inhabit it. The family was forced to rent a hotel room while its home was under repair. The cost incurred to rent the hotel room is referred to as which one of the following outcomes of loss? Select one: A. Lost income B....

Which is a parent company consisting of multiple chains? - Choice Hotels Which is a true statement about parent companies? - Parent companies and related chains have changed over time What are the 3 different operation types - Corporate, Franchise, Independent Which is a true statement about independent hotels? - Independent hotels are not affiliated with a specific chain Which is a true statement about management companies? - Management companies have contracts where they receive payment...

Samenvatting Management & Organisatie 1 - deel 1 | International Hotel & Hospitality Management | Alle belangrijke punten (+ extra uitleg) om jouw tentamen te halen!

Commercial real estate assets have a number of attributes that make them unique relative to other types of investments. These attributes include the following: (x10) - 1. They involve land 2.Transaction time frames are long 3. Transaction costs are high 4. they are expensive 5. They are long lasting 6. Highly regulated 7. have a long production cycle 8. are management intensive 9. are heterogeneous 10. Involve measuring return on investment 1. Long-lasting, Durable Goods 2. Expe...

Well-structured MNE3704 Assignment 4 (ANSWERS) Semester 2 2023 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). Read the following two case studies and answer questions that follow. Case study 1: SC Johnson Many years ago, as a young chemist working in the company’s lab, Samuel Curtis Johnson III (now deceased chairperson of SC Johnson, a family company) tried to convince his father that he had the formula for a breakthrough product – an insecticide. Reports are that...

Government Travel Card Training Exam Questions And Answers Who is responsible for ensuring all charges are paid on the government travel card (GTC) by the statement due date? - ANS The cardholder is responsible for all charges on the GTC. According to the Privacy Act, how is your private information protected when you apply for the card? (Select all that apply) - ANS Only people who need my information have access to it. My information cannot be sold. My information cannot be give...

who are players in the hotel industry - ANSWER-affiliations operations and independents categorizations used by hotel industry - ANSWER-geographic categories non-geographic categories what affiliations could a single hotel have - ANSWER-chain parent company management company owner asset management company chain - ANSWER-represents hotel brand which is clearly displayed to public and in all interactions STR uses ____ and _____ synonymously - ANSWER-chain and brand parent co...