Revenue Management Quiz

Quiz
•
Professional Development
•
University
•
Easy
Cường Nguyễn Chí
Used 1+ times
FREE Resource
25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary goal of revenue management?
Maximizing customer satisfaction
Optimizing revenue
Reducing operational costs
Increasing employee productivity
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a responsibility of a revenue manager?
Conducting customer service training
Analyzing data
Setting prices
Managing inventory
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is RevPAR calculated?
Gross operating profit divided by the number of available rooms
Total room revenue divided by the number of available rooms
Total room revenue divided by the number of rooms sold
Average daily rate multiplied by occupancy rate
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does ADR stand for in revenue management?
Average Demand Rate
Annual Daily Rate
Average Daily Rate
Average Daily Revenue
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the occupancy rate?
The total revenue generated from room sales
The average rental income for an occupied room
The percentage of available rooms that are occupied
The total number of rooms sold
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
GOPPAR is a measure of what aspect of a hotel?
Average daily rate
Room occupancy
Customer satisfaction
Profitability per available room
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a key ethical consideration in revenue management?
Transparency in pricing
Offering discounts to loyal customers
Maximizing profits at all costs
Reducing service quality
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