quiz 1 Flashcards
why do people go out?
they either want to or have to
difference between group and individual?
individual is smaller
what is corporate individual?
the company pays for their expenses (they will spend money elsewhere)
how will corporate be billed?
direct billing
what is required for corporate individual?
work area, computers, room service, business centres
who books for corporate individual?
3rd parties
corporate rates?
set rates for a set amount of time
what kind of rates do government individuals get?
because they are huge they can score good rates
what is a rack rate?
highest rate at a hotel
rate that is quoted if the guest doesnt fit into a market segment
its always available
what are leisure individual rates based on?
to sell a person into WANTING to go
why must government people be careful with the money?
because its tax dollars
what is BAR?
best available rate
what is unique about rack rates?
the highest rack rate is always open
why give a discount?
to combat perishability
why offer discounts to employees?
as a perk
so they know more about the product
what are the 3 categories of discounts?
3rd party agreements
property specific
3rd party websites
what is a package
when a hotel includes a room + something else
what is FIT
free and fully
independant and individual
travel and tour
how is FIT different from tours?
smaller groups and they are more customized
how long of lead times does FIT have?
12-16 months
high or low wash factor for FIT?
usually high because wholesaler books rooms on spec
can hotels give commission to FIT?
no
what comes in a FIT package?
transportation, food, rooms, attraction passes, and more
where can FIT tours be sold?
wholesaler or travel agent
is there an escort at a FIT tour?
no