Question: 4. Analyze this table and answer the below questions. (Total 2 pts) 4 Lead time and rooms booked Forecasted Micro Jan Feb Mar Apr May

4. Analyze this table and answer the below questions. (Total 2 pts)

4

Lead time and rooms booked

Forecasted

Micro

Jan

Feb

Mar

Apr

May

June

X

Rms booked

200

230

400

430

460

500

Y

Rms booked

0

0

30

100

280

380

4A

Just looking at the booking lead time and booking chart of rooms booked, what type of guest is

Micro X? (0.5 pt)

Answer:

Micro Y? (0.5 pt)

Answer:

4B

If today was May 1, do you need to worry about not reaching your June forecast for Micro Y? Why? (1 pt)

Answer:

5

Demand Tactics (2.5pts)

Review each of the tactics below and indicate whether they are low-demand tactics or high demand tactics.

For each scenario (below listed), indicate with H for high demand / L for low demand.

A. Collapse room types and rates.

Answer

B. Implement Black-Out dates for group bookings

Answer

C. Remove stay restrictions.

Answer

D. Closely monitor Washing.

Answer

E. Selecting Closed-to-Arrival dates.

Answer

6

Hotel ABC currently operates at 74% occupancy for the year. Their rate averages about $92, and their current cost per occupied room is $18.40. Hotel Management knows that the market is very competitive and that an increase in the average rate may result in loss of occupancy. If management increases the rate to $95, what equivalent occupancy must the hotel achieve in order to achieve a similar net rooms revenue for the hotel? (0.5 pts)

7

Construction and furnishing costs of ABC Hotel is $95000 per room. If this hotel uses the Building Cost room rate formula to set their base room rate, what will the minimum room rate be? (0.5 pts)

8

Hotel ABC has 500 rooms and sold 250 rooms last Wednesday at ADR $150. (Total 1 pt)

What was Wednesdays Yield Statistics ?

Did this hotel perform well last Wednesday?


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