Question
if you are not familiar with Priceline.com Inc., go to its website. Assume that an individual names a price of $85 on www.priceline.comLinks to an
if you are not familiar with Priceline.com Inc., go to its website. Assume that an individual "names a price" of $85 onwww.priceline.comLinks to an external site.for a room in Nashville, Tennessee, on August 22. Assume that August 22 is a Saturday, with low expected room demand in Nashville at a Marriott International, Inc. hotel, so there is excess room capacity. The fully allocated cost per room per day is assumed from hotel records as follows:
For your initial post, discuss if Marriott should accept the customer bid for a night in Nashville on August 22 at a price of $85? Why or why not? Cite your sources when appropriate.
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