Question: 1. Please explain the two-tiered pricing model. Provide examples. 2. What factors needed to be considered in order to measure the demand for hospitality products.
1. Please explain the two-tiered pricing model. Provide examples.
2. What factors needed to be considered in order to measure the demand for hospitality products.
3. Please make your own calculations and find out:
1) Total revenue by rooms for the given period
2) ADR average for the given period
3) RevPAR average for the given period
N4 1. Please explain two-tiered pricing model. Provide examples. 2. What factors needed to be considered in order to measure the demand for hospitality products. 3. Please make your own calculations and find out: 1) Total revenue by rooms for the given period 2) ADR average for the given period 3) RevPAR average for the given period Total available Total sold Deluxe King room room Queen room Executive Twin room Suit Date Presidential 1-Mar 282 221 5,500,000 3,640,000 528,000 816,000 304,000 150,000 2-Mar 282 1874,720,000 2,080,000 434.000 836,000 72,000 150,000 3-Mar 282 1995,764,000 2,520,000 396,000 384,000 456,000 150,000 4-Mar 282 203 5,720,000 2,296,000 462,000 960,000 76,000 150,000 5-Mar 282 1771 4,680,000 1,560,000 310,000 836,000 216,000 150,000 6-Mar 282 169 4,440,000 1,040,000 496,000 880,000 432,000 150.000 7-Mar 282 1721 4,720,000 988,000 372,000 836,000 432,000 150.000 8-Marl 2821 155 4.176,000 864,000 232,000 280,000 340,000 140,000 9-Mar 282 154 4,212,000 816,000 348,000 360,000 204,000 140,000 10- Mar 282) 194 5,940,000 2,128,000 330,000 528,000 228,000 150,000 N4 1. Please explain two-tiered pricing model. Provide examples. 2. What factors needed to be considered in order to measure the demand for hospitality products. 3. Please make your own calculations and find out: 1) Total revenue by rooms for the given period 2) ADR average for the given period 3) RevPAR average for the given period Total available Total sold Deluxe King room room Queen room Executive Twin room Suit Date Presidential 1-Mar 282 221 5,500,000 3,640,000 528,000 816,000 304,000 150,000 2-Mar 282 1874,720,000 2,080,000 434.000 836,000 72,000 150,000 3-Mar 282 1995,764,000 2,520,000 396,000 384,000 456,000 150,000 4-Mar 282 203 5,720,000 2,296,000 462,000 960,000 76,000 150,000 5-Mar 282 1771 4,680,000 1,560,000 310,000 836,000 216,000 150,000 6-Mar 282 169 4,440,000 1,040,000 496,000 880,000 432,000 150.000 7-Mar 282 1721 4,720,000 988,000 372,000 836,000 432,000 150.000 8-Marl 2821 155 4.176,000 864,000 232,000 280,000 340,000 140,000 9-Mar 282 154 4,212,000 816,000 348,000 360,000 204,000 140,000 10- Mar 282) 194 5,940,000 2,128,000 330,000 528,000 228,000 150,000Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
Study Help