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: o Introduction o Scenario 1 o Scenario 2 o Scenario 3

Leave a Reply

Your email address will not be published. Required fields are marked *