revenue management

Name: Date: HFT4462 Displacement Analysis Adrian is the DOSM and also serves as the property RM at the Clarion Conference Center. Adrian is considering two alternative bid opportunities his hotel received from the local CVB. On a date in the future, two medical groups seek 150 rooms from his hotel, but he can accommodate only one of them. The State Dentist's Association is willing to pay $199.00 per night for the 150 needed rooms ( $29,850 total). This group will not hold its meetings onsite. The State Doctor's Association will pay only $139.00 per night for the rooms but will spend an additional $30,000 for meals and $7,500 for meeting space. Adrian estimates the F\&B-related GOP at $45.00 per room sold, and the meeting space-related GOP at $25.00 per sold room. Help Adrian decide which bid to pursue by completing the displacement worksheet he has begun then answer the question below. If you were Adrian, which of the medical group bids would you prefer to win? Explain your answer. Name: Date: HFT4462 Displacement Analysis Adrian is the DOSM and also serves as the property RM at the Clarion Conference Center. Adrian is considering two alternative bid opportunities his hotel received from the local CVB. On a date in the future, two medical groups seek 150 rooms from his hotel, but he can accommodate only one of them. The State Dentist's Association is willing to pay $199.00 per night for the 150 needed rooms ( $29,850 total). This group will not hold its meetings onsite. The State Doctor's Association will pay only $139.00 per night for the rooms but will spend an additional $30,000 for meals and $7,500 for meeting space. Adrian estimates the F\&B-related GOP at $45.00 per room sold, and the meeting space-related GOP at $25.00 per sold room. Help Adrian decide which bid to pursue by completing the displacement worksheet he has begun then answer the question below. If you were Adrian, which of the medical group bids would you prefer to win? Explain your