Question: Section Hotel Selection: Product Definition: Competitive Benchmarking: Question: 1. Select a Four Diamond hotel that is located in Niagara Folls. (1) 2. What is the

Section Hotel Selection: Product Definition:
Section Hotel Selection: Product Definition:
Section Hotel Selection: Product Definition: Competitive Benchmarking: Question: 1. Select a Four Diamond hotel that is located in Niagara Folls. (1) 2. What is the hotel selling? - Outline all aspects of potential revenue generation that exist within the property? (2) 3. Name three other hotels that would be included in your selected hotels comp. set?(2) 4. Why is this product valued by the consumer? (2) 5. Based on your current knowledge, do you feel there will be demand for your product in July and August? What factors are you considering?(2) Strategic Pricing: Demand Forecasting: Business Mix Manipulation: 6. As the RM of this property, how will you fill this property throughout the year? L.E. types of guests (2) 7 What channels do you think your hotel utilizes to Distribution Monagement: Competitive Benchmarking: Strategic Pricing: 3. Name three other hotels that would be included in your selected hotels comp. set? 2) 4. Why is this product valued by the consumer?(2) 5. Based on your current knowledge, do you feel there will be demand for your product in July and August? What factors are you considering?(2) Demand Forecasting: Business Mix Manipulation: 6. As the RM of this property, how will you fill this property throughout the year? I.E. types of quests (2) 7. What channels do you think your hotel utilizes to sell the property?(2) Distribution Management: 1

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