In a post of 300-350 words to a maximum to 500 words, describe hospitality as it is related to industry factors relating to the hotel sector in tactics for market concentration. Consider if you were the general manager, which approach to marketplace do you think is more important for a Toronto mid-size hotel in our location. Note, the textbook discusses the five sales approaches to managing a brand. Which are the three (3) most important (from the list below) for the current Covid contingency system, and discuss if you would consider number of rooms sold #s daily occupied or numbers based on revenue dollars for an $$$ operation? Managing the cost of front of house services, and back of house supporting operations are a key aspect of managing financials. Consider the sales indicators and discuss what your priorities would be as a GM. Occupancy % is the number of rooms sold / the number of rooms available. ADR average Daily Rate is the total revenue divided by the number of rooms sold. Yield percentage % is the effectiveness of a hotel selling its rooms at the highest rate available to the most profitable guest by selling its room inventory APA