Review the following informationTake the position of Revenue Manager. As mentioned in the zoom session, you must consider all of your resources and options when making decisionsWhat is the best option for the hotel as a whole? What would provide the best option to all revenue sources? It does not have to be an all-or-nothing decision, there could be combinations to make it work. What would you do?
Case Study:
The Bee Keepers will be in town from January 19 through 25 and will draw 8000 people. No other conferences are scheduled for the nights of January 19 – 21 in the area; two other conferences are opening in town on the night of the 22nd that will last through the night of the 25th. These last two conferences will take up all the existing rooms in town. What policy should the hotel develop for guests who want to reserve a room for the following periods?
January 19 only
January 19 and 20 only
January 19, 20, and 21 only
January 19 through 24 only
January 19 through 23 only
January 20 through 24 only
January 21 through 24 only
January 22 through 24 only
January 23 and 24 only
January 24 and 25 only
Sample Solution