This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Discuss the characteristics of hospitality and tourism products that invite revenue management. ... (Read 168 times)

jerry coleman

  • Hero Member
  • *****
  • Posts: 570
on: Sep 11, 2019

Question 1

Could travel and tourism companies do without external distribution channels?
 
  What will be an ideal response?

Question 2

Discuss the characteristics of hospitality and tourism products that invite revenue management.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meryzewe

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Sep 11, 2019

Answer 1

If travel and tourism companies wanted to do without any external distribution channels, they would have to do all of the selling themselves. This would involve greatly expanding their in-house (Web site and 800 call center) reservations capability.

Answer 2

As outlined in the chapter, the key characteristics are perishable product, fixed capacity, variable demand, segmented markets, and appropriate cost structure.


jerry coleman

  • Member
  • Posts: 570
Reply 2 on: Sep 11, 2019
Great answer, keep it coming :)

mcarey591

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Characteristics of a Neuron at Rest and During the Different Phases of an Action Potential Characteristics of a Neuron at Rest and During the Different Phases of an Action Potential
Characteristics of the individual determine (a) whether they will be exposed to certain stressors ... Characteristics of the individual determine (a) whether they will be exposed to certain stressors ...
Operations Management question Operations Management question
Operations Management question Operations Management question
Standardization of Selected Herbal Products Standardization of Selected Herbal Products
Characteristics of NREM and REM sleep Characteristics of NREM and REM sleep
Video: Supine Position

For a complete list of videos, visit our video library