Imagine that you manage a hotel. On average, your hotel is only 80% occupied, meaning that 20% of your rooms are empty. You are thinking that you can fill these rooms by offering a discounted rate to guests making reservations within 2 days of their stay (thus ensuring that you can rent more rooms at higher rates). 

What types of costs would you consider when you were setting this rate?

Answer rating: 100% (QA)

As the manager of the hotel the costs that I would consider when setting a discounted rate for guest... View the full answer