Discuss people/innovation perspective as one of the dimension of balanced scorecard in hotel context
In: Operations Management
In: Operations Management
Breakdown how Crave interactive can benfits hotel and boost guest experience.
In: Operations Management
List and describe 3 sources of equity capital in the hotel real estate market.
In: Operations Management
In: Operations Management
At many amusement parks, customers who enter the park after 4 p.m. receive a steep discount on the price they pay. This is a type of price discrimination because the amusement park charges a lower price to
students who can’t visit until after 4 p.m. anyway.
people who have a more inelastic demand for amusement parks.
people who have a more elastic demand for amusement parks.
people with 9-to-5 jobs.
In: Economics
A friend owns a hotel that gets a lot of seasonal business. The average total cost per day of running the hotel is $75. She tells you that during the off-season (when there are a lot of empty rooms), she had someone offer her $70 for a room. She indignantly tells you she turned the offer down since it was less than her average cost. Was that a good decision? Explain your answer in detail.
In: Economics
A random sample of 378 hotel guests was taken at La Mirage and
it was found that 194 requested non-smoking room. Another random
sample of 516 hotel guests at Neptune Grand showed that 320
requested non-smoking room. We wan to test the claim that the
percentage of guests requesting non-smoking room is different
between the two hotels, using significance level 0.05. Round you
answer to 3 decimal places.
In: Statistics and Probability
In a survey of 3929 travelers, 1431 said that location was very important for choosing a hotel and 1222 said that reputation was very important in choosing an airline. Complete parts (a) through (c) below.
a. Construct a 95% confidence interval estimate for the population proportion of travelers who said that location was very important for choosing a hotel.
b. Construct a 95% confidence interval estimate for the population proportion of travelers who said that reputation was very important in choosing an airline.
In: Statistics and Probability
In a survey of 3,654 travelers, 1,456 said that location was very important for choosing a hotel and1,210 said that reputation was very important in choosing an airline. Complete parts (a) and (b) below.
a. Construct a 90% confidence interval estimate for the population proportion of travelers who said that location was very important for choosing a hotel.
b. Construct a 90% confidence interval estimate for the population proportion of travelers who said that reputation was very important in choosing an airline.
In: Statistics and Probability