What is the name of the rooms pricing structure in place when a hotel charges the highest

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What is the name of the rooms pricing structure in place when a hotel charges the highest rates in an area because it offers the best product or service levels?

a. Prestige pricing

b. Follow the leader pricing

c. Discount pricing

d. Competitive pricing

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Managerial Accounting for the Hospitality Industry

ISBN: 978-1119386223

2nd edition

Authors: Lea R. Dopson, David K. Hayes

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Question Posted: Apr 30, 2018 12:51 AM

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What is the name of the rooms pricing structure in place when a hotel charges the highest

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Managerial Accounting for the Hospitality Industry

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