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Accommodation management aspects

Authored by Wayground Content

Hospitality and Catering

University

11 Questions

Used 30+ times

Accommodation management aspects
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1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Occupancy Rate

Percentage of available rooms that are occupied

Total rooms sold divided by total rooms available

Total revenue generated from room sales

Percentage of rooms that are not sold

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

ADR

Average Daily Rate

Annual Discount Rate

Average Daily Revenue

Adjusted Daily Rate

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

RevPAR

Revenue Per Available Room

Average Daily Rate

Total Revenue Per Room

Room Revenue Index

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

mLOS

Minimum length of stay

Maximum length of stay

Average length of stay

Length of stay not required

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Rate Parity

the practice of maintaining consistent hotel rates across all distribution channels

the strategy of offering discounts to attract more customers

the method of increasing prices during peak seasons

the approach of varying rates based on customer demographics

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

High Balance report

'watch out' for charges that may exceed authorized amount.

Ensure all transactions are below the limit.

Review all transactions for accuracy.

Ignore any discrepancies in charges.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Dynamic Pricing

pricing involves changing room rates daily or even within the day based on real-time market data

pricing that remains constant regardless of demand fluctuations

pricing that is determined solely by the cost of production

pricing that offers discounts only during holiday seasons

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