What are the consequences to a hotel operator of a customer such as Thomas Cook

What are the consequences to a hotel operator of a customer such as Thomas Cook collapsing into liquidation? How does it affect resigning contracts with new owners?

Expert Solution

The hotel owners are unlikely to have been paid by Thomas Cook and will be unlikely to receive any payments after the collapse. The problem with trading under the Thomas Cook name in the future means that these hotels might be suspicious that the same thing could happen again and would require some reassurance.

Junaid answered 9 months ago

What is the future Customer Relationship Management (CRM) that Hilton's Hotel will use ?

What are the knowledge important for hotel business (Customer, supplier, administrator)(Small hotels like darwin city hotel)?...

What are the knowledge important for hotel business (Customer, supplier, administrator)(Small hotels like darwin city hotel)? How they use these knowledge? Develop a KMS framework for the business

A customer service operator receives, on average, 6 calls per week asking for assistance. a. What...

A customer service operator receives, on average, 6 calls per week asking for assistance. a. What is the type of distribution? Why? b. For any randomly selected week, find the probability that the operator will receive i) at least 6 calls ii) 4 or more calls iii) At most 5 calls.

Write short note on Digital Disruption caused by any two- Amazon/Uber/Thomas cook/Airbnb.

Now Thomas Cook China is online only how can it provide any product differentiation from the competition?

A hotel manager claims that the average of the pricethat customer will pay to stay...

A hotel manager claims that the average of the price that customer will pay to stay at their hotel is 500. At α = 0.01 is the claim realistic? The data on the price per night for a sample of six rooms in the hotel are shown.Price pernight 713 300 292 311 598 401 618Give a reason why the claim might be deceptive.

explain customer perspective as one of dimensions of the balanced scorecard in Hotel context

Can a hotel or restaurant increase or maintain customer satisfaction after implementing its

Can a hotel or restaurant increase or maintain customer satisfaction after implementing its first revenue management program? Explain your answer.

On July 1, 2019, the Renaissance Hotel collected a deposit of $1,335 from a customer for...

On July 1, 2019, the Renaissance Hotel collected a deposit of $1,335 from a customer for a banquet room and catering services for a wedding which will occur on June 30, 2021, the market rate of interest is 6%. Required: Record the collection of the cash on 7/1/19. Record any required adjusting entries for December 31, 2019 and 2020. Record the recognition of revenue on June 20, 2021.

(a) What is a pointer? (b) What is a dereferencing operator?

(a) What is a pointer? (b) What is a dereferencing operator? (c) What is the difference between assignment statements p1 = p2; and *p1 = *p2; (d) What is a dynamic variable? (e) What is the purpose of the new operator? (f) What is the purpose of the delete operator? (g) What is the freestore (also called the heap)? (h) What is the difference between dynamic variables and automatic variables?

Question