In: Operations Management
48. REVPASH was a great metric if used based on historical data to subtly turn tables, get customers to pay the check, and create upsell incentives”
T / F
49. If a hotel is missing one of the two prong tests for termination, say Revpar is 85, it is so low that an ownership group could theoretically cancel the contract with the management company because of gross mismanagement related to just RevPAR.
T / F
50. Most employees quit their job because of salaries and benefits below the market average and not for any other reason.
T / F
48. True. Undoubtedly yes, REVPASH is a great metric is based on historical data as it will help to hotels to calculate the differences more effectively and help them know what are the mistakes they were making earlier and what are the improvement can make in the process to increase the occupancy rates and other rates.
49. False. This statement is not true because generally the table or chart should range between 90 -110, considering the stability and shortcomings of the hotel. If it's 85, then the hotel could improve the various areas of drawbacks and enhance the performance.
50. False. This statement is not correct as according to surveys, employees leave jobs due to higher pay in other organizations but what's more, seen with this reason is that employees also together look for opportunities that are more meaningful at work or new organization, followed by more responsibility and increased pay.