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

Author Question: Why do you think airlines built revenue management systems before hotels? What will be an ideal ... (Read 88 times)

karen

  • Hero Member
  • *****
  • Posts: 537
on: Sep 11, 2019

Question 1

What factors determine demand for one attraction over another?
 
  What will be an ideal response?

Question 2

Why do you think airlines built revenue management systems before hotels?
 
  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

C.mcnichol98

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Sep 11, 2019

Answer 1

Location, price, and consumer preferences.

Answer 2

This was probably just happenstance since the technology was just as available to hotels at the time that American Airlines built the first revenue management system in travel and tourism. However, airlines, which have historically been less profitable than hotels, in general may have felt a bit more urgency in maximizing revenue.


karen

  • Member
  • Posts: 537
Reply 2 on: Sep 11, 2019
Excellent

raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Spectral Line Motion in Binary Star Systems Spectral Line Motion in Binary Star Systems
Review of Systems ROS Cont. Review of Systems ROS Cont.
Financial Management: Core Concepts Financial Management: Core Concepts
Systems Analysis and Design, 10th Edition Systems Analysis and Design, 10th Edition
Prefilled Unit-Dose Systems Prefilled Unit-Dose Systems
MANAGEMENT ACCOUNTING MANAGEMENT ACCOUNTING
Video: Bone Growth and Remodeling

For a complete list of videos, visit our video library