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Paragraph Font You are the revenue manager for The Swank boutique hotel with 10 rooms, a small banquetmeeting facility, and limited on-site meal service. You
Paragraph Font You are the revenue manager for "The Swank" boutique hotel with 10 rooms, a small banquetmeeting facility, and limited on-site meal service. You have 3 rates for Apri-rack rate is $200, discount rate is $150, and friends/family rate is $95. A sales rep comes to you with a group business proposal. She wants to book a group for 3 nights - Wednesday, Thursday, Friday nights in April at a rate of $100. The group would fill 8 rooms each of the 3 nights. Looking at transient demand (which always books at rack) from previous years, the forecast for the 3 day period in Aprilis 5 for Wednesday, 5 for Thursday, and 2 for Friday. In addition, you have 2 pre-paid reservations at the discount rate for Thursday and Friday. Answer the following questions: 6. If you do not accept the group and you match your transient demand forecast, what is your TOTAL 3 day revenue for the 3 nights (Wed, Thurs, Fri.)? 6. If you book the group (meaning you will turn away some of the forecasted transient demand) what is your TOTAL 3 day revenue for the 3 nights (Wed Thurs, Fri)? 122019 A os 6. What factors would you consider when deciding whether to accept the group or not? What might you talk to the sales rep about? w]
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