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HTT 250 Week 3 Individual Assignment Revenue Management

HTT 250 Week 3 Individual Assignment Revenue Management

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Description of HTT 250 Week 3 Individual Assignment Revenue Management

HTT 250 Week 3 Individual Assignment Revenue Management

Resources: Ch. 6, the Yield formula on p. 172 (Ch. 6), and Scenarios 1, 2, & 3 on p. 179 (Ch. 6) of Hotel Front Office Management

  • Begin this assignment by answering the following question: How is yield management, or revenue management, used in the hotel industry?
  • Complete the following three scenarios on p. 179 of the text.
  • For Scenario 1, use the formula provided on p. 172 of the text. Show your work in a Microsoft® Word document.
  • For Scenario 2, design your plan in 200 to 300 words.
  • For Scenario 3, defend your decision in 200 to 300 words.
  • Conclude your assignment with your thoughts on the use of yield or revenue management in the hotel industry.
  • Structure your assignment similar to the following:
    • Introduction
    • Scenario 1
    • Scenario 2
    • Scenario 3

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