The market based pricing in determining the room rent of any hotel is done on the basis of which of the following?

Related MCQs

• The cost based pricing in determining the room rent of any hotel is done by
• Hotel ABC has total 210 rooms out of which 182 are occupied on 12th March. Total room revenue of the hotel for the above given date is Rs. 21,20,000/. Calculate RevPAR
• The occupancy report prepared by the front desk for April 7, at 3 pm of the same day, lists room 501 as a stay over. At 2 pm on April 7 , the housekeeping report lists room 501 as vacant and ready for sale. The room status discrepancy could have resulted from
• Hotel XYZ has a great deal of flexibility in responding to changes in local market conditions but cannot afford broad advertising exposure and pays relatively high prices for supplies. The hotel is most likely to be
• For a hotel to get classified as a five star hotel, minimum number of let table rooms required are
• Rate below which room will not be sold by the hotel on a given date is known as
• Hotel XYZ has 250 rooms with a rack rate of Rs. 10,000 for each room. On 15th March 200 rooms were occupied at an ARR of Rs. 8,000. Calculate Yield %
• Which of the following room rate plans includes a room only and no meals.
• The maximum share of market that can be occupied by a hotel is known as
• Which of the following areas of a hotel has the greatest amount of guest contact?