C1 Test

Name/Registration ID

You are a mid-segment hotel in Jaipur with both business and leisure travellers coming in. Tuesday is a restricted holiday in and around Rajasthan. Considering that Saturday and Sunday are supposedly off, with just a Monday off it becomes a long weekend for leisure travellers. However, business travels are also expected as MNCs and metro cities are observing a normal working day. What yield management strategy would you apply here? You are responsible for not only filling the hotel with long weekend travellers but also getting the maximum out of your business travellers on weekdays.

You are a business hotel in Gurgaon and have signed up with 12 OTAs. You are using a low cost channel manager to update all these channels. While updating rates on a particular date, MMT does not not get updated and a booking gets picked up on old rate which is lower leading to loss of revenue. If you would have been responsible for updation of rates for this, could you have avoided this? If yes, please elaborate how? If no, please advice why

Name two types of static rates contracts being followed in hotels?