As the manager of a hotel, you want to increase occupancies by 6%......?

It has been determined that the price elasticity of demand for rooms in your hotel is 0.5. This informaion implies?





a) the demand for rooms in your hotel is elastic.


b) if you lower your rates by 12%, then you will increase occupanciesby 6%.


c) if you lower your rates, your total reevenue will rise.


d) there must be many substitutes for your hotel services.As the manager of a hotel, you want to increase occupancies by 6%......?
the answer is bAs the manager of a hotel, you want to increase occupancies by 6%......?
Correct Answer:





B: The price elasticity (of demand) is 0.5, meaning for every $1 increase in price, the quantity demanded will decrease by $0.5, vice versa.





Wrong Answers:





C: Because the demand is fairly unresponsive to price changes, so the increase in revenue caused by the increase in quantity demanded will be less than the decrease in revenue from smaller profit margins; there is a net fall in revenue.





A: Price Elasticity is of Demand (PED) figure determines whether or not a good is (in)elastic in demand.


Relatively Inelastic: 0%26lt;n%26lt;1


Unit Elastic: n = 1


Relatively Elastic: 1%26lt;n%26lt;inf.


Therefore, the demand for hotel rooms is price elastic.





D: For the elasticity of demand to be 0.5, or inelastic, the service must have few close substitutes (eg. other hotels in the area, motels, etc.).

What is responsibility of admin manager in a 5 Star Resort / Hotel?

Manage the hotel's business plan or direction


Hire and train new staff


Handle requests and complaints from guests


Keep records, plan budgets and deal with accounts


Advertise the hotel and deal with tour operators


Supervise the day-to-day running of the hotel


Greet guests


Take bookings and allocate rooms


Devise the annual business plan for the hotel


Having final say in quality and cost controlWhat is responsibility of admin manager in a 5 Star Resort / Hotel?
Takes charge of personnel, procurement, supply management.What is responsibility of admin manager in a 5 Star Resort / Hotel?
to manage the hotel and employees
Manage and administer the hotel personnel.


Supervise and implement the established quality and cost control parameters of the hotel/resort.


In charge of the administration of all the departments of the hotel/resort.


Assist the Resident or the General manager in the day to day operations of the hotel.


Perform all other duties that the Board or the President assigns to him/her.

Is it legal to advertise ';Women Can only apply'; for the post of duty manager of a hotel?/?

I am just wondering if there is any kind of legal act or something that tells me about the legality of that statement for an advertisement........... I am not looking for ethics but for legal issues regarding that.Is it legal to advertise ';Women Can only apply'; for the post of duty manager of a hotel?/?
In most cases, this is illegal. Discrimination on the basis of gender is generally illegal, and advertisements that limit applicants to a specific gender are illegal for the same reason. There are certain limited circumstances where this might be legal, e.g., an attendant in a women's restroom. However, this is rare. The advertisement itself is a red flag to the anti-discrimination agencies that you are practicing illegal gender discrimination.Is it legal to advertise ';Women Can only apply'; for the post of duty manager of a hotel?/?
Just post the advert without any restrictions, and hire the best female applicant. Don't mention to any applicant that you are only going to hire a woman. You get what you want, and the government leaves you alone.





Just remember, a fish wouldn't get caught if it kept its mouth shut.
Unless you wish to draw negative attention to yourself or the company, i would not advertise that, it will be a headache for you. Accept all applicants equally and then YOU can select a woman to fill the position without making it public knowledge.
If it's a woman only hotel or country club/spa, or religious then it's legal, if it's a mixed sex hotel it's illegal

How much do you think an assistant general manager of a hotel makes?

in a small townHow much do you think an assistant general manager of a hotel makes?
I make $425.00 a week. And the hotel is in a ';small'; town. Its probably not that much b/c we own/run 2 motels, but I'm young and grateful. At least I have a job right!? With so many losing theirs... =(How much do you think an assistant general manager of a hotel makes?
Samantha's answer seems about right. I would expect it to range from $20,000 to $25,000 per year in most small towns.

Plz help. where can i complain abt the hotel if manager is not helping me?

plzzzzzzzzzzzzz it's important . i am from jhansi. the waiter here was misbehaving with sister . when i told manager he said the waiter is good and cannot do these things plzzzzzzzzzzzzzz someone tell whom 2 contact or what should i do. if no one in the hotel is listening me.. is there any higher authorities which sees these prob.................plzplzplz helpPlz help. where can i complain abt the hotel if manager is not helping me?
what did the waitor do? if you told us that then it would be alot easier to justify your case

Job question. How much do Hotel Managers that work at Embassy Suites or Hilton make a year?

I'm interested in hotel management. Do they make about 100,000 a year?Job question. How much do Hotel Managers that work at Embassy Suites or Hilton make a year?
More like 70-80,000 base with experience + bonus

african american hair

I m 25 age n hve 5 yrs experience in hotel industry as manager level I wnt to do engineering and i m 12 fail?

i am 25 years of age and 5 years experience in hotel industry working as manager level and I want to do engineering but bcoz of family problem i had failed in 12th and was not able to go for further studies, plz suggest me how can i do aerospace engineering or computer engineering. plz help!!!I m 25 age n hve 5 yrs experience in hotel industry as manager level I wnt to do engineering and i m 12 fail?
community college to finish high school and go from there