Htm 4250 Final Flashcards

1
Q

Demand Generation

A

Attempts to produce the most possible revenue under any economic position

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2
Q

Differentiation Strategies

A
  • Unique Features
  • Levels of Service
  • Location
  • Brand Affiliation
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3
Q

Nights (reserved) per check out today =

A

Nights reserved today / Check-outs today

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4
Q

Net ADR Yield =

A

Net Room Rate / Standard ADR

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5
Q

Net Room Rate =

A

Standard ADR - Distribution Channel Costs

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6
Q

Attrition

A

The difference between the purchases a group pledges to make and the purchases they actually make

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7
Q
A
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