Nick estimates that the net ADR yield on the 200 rooms he has already sold will average
Question:
Nick estimates that the net ADR yield on the 200 rooms he has already sold will average 88 percent. He also knows that at his hotel it costs $55.00 to prepare, sell, and clean (prepare for resale) each room sold. To help him make the very best revenue optimization decision possible, complete the worksheet and then answer the questions that follow:
GOPPAR Estimate Worksheet: City Centre Plaza
Based on Nick's calculated GOPPAR for each of the three channels:
1. Which channel produces the highest GOPPAR?
2. Which channel produces the lowest GOPPAR?
Assume you were Nick.
1. What additional customer-centric revenue optimization factors might affect your decision to utilize or not utilize the group rooms' distribution option?
2. What additional customer-centric revenue optimization factors might affect your decision to utilize or not utilize the CRS distribution option?
3. What additional customer-centric revenue optimization factors might affect your decision to utilize or not utilize the third-party merchant option?
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Step by Step Answer:
Management Accounting
ISBN: 978-0132570848
6th Canadian edition
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu