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)
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| 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) | |
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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.
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A. Collapse room types and rates. | Answer |
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B. Implement Black-Out dates for group bookings | Answer |
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C. Remove stay restrictions. | Answer |
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D. Closely monitor Washing. | Answer |
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E. Selecting Closed-to-Arrival dates. | Answer |
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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)
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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)
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8 | Hotel ABC has 500 rooms and sold 250 rooms last Wednesday at ADR $150. (Total 1 pt)
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| What was Wednesdays Yield Statistics ?
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| Did this hotel perform well last Wednesday?
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