Burnaby Meadows Restaurant uses a contribution margin pricing system. The restaurants manager decided that the selling price of a new menu item will be $10.00. The required contribution margin is $4.00. The labor costs are 30% form sales. What is the amount the kitchen staff can spend on product cost when making the item? Select one: a. $7 b. 6.00

True or false: In addition to the number of rooms sold and Net ADR Yield, when evaluating the effect of a distribution channel on the hotels profitability, it is important to consider ADR as well.

Select one:

a. True

b. False

Which of the following is not a hotel intermediary?

Select one:

a. Travel wholesalers

b. Front desk agents

c. Travel agents

d. Third-party websites

True or False: In most cases, the ADRs associated will group room sales will be higher than transient ADRs. Net ADR yields, however, will most often be lower.

Select one:

a. False

b. True

A system in which an intermediary obtains rooms inventory at a wholesale rate and then acts as a reseller of the the rooms to buyers at retail rates is called:

Select one:

a. Opaque model

b. Merchant model