Question: Which is an external factor that could directly impact the development of a hotel managers annual operating budget? a. The opening of a nearby hotel

Which is an external factor that could directly impact the development of a hotel manager’s annual operating budget? 

a. The opening of a nearby hotel by a major competitor

b. The replacement of the hotel’s revenue manager

c. A reduction in the hotel’s targeted ADR

d. The implementation by the hotel of a new marketing program

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