Quiz: Yield Management in the Hospitality Industry

Business mixed 8 Questions Video Quiz

Q1 Beginner 1 pts

According to the video, yield management can be characterized by how many main points? Video Reference:
"pour faire simple on va caractériser le yield management en quatre points..."

Timestamp: 1:30

Q2 Intermediate 2 pts

The video mentions two main possibilities hotels consider when managing their rates. Which of the following is NOT one of them? Video Reference:
"en général la direction sans riante vers deux possibilités la première est de favoriser le remplissa..."

Timestamp: 2:30

Q3 Beginner 1 pts

The video discusses two main customer segments with different price sensitivities. Which segment is more price sensitive? Video Reference:
"la clientèle de loisirs va avoir une sensibilité aux prix et va essayer de réserver en armes de mani..."

Timestamp: 5:30

Q4 Advanced 3 pts

According to the video, what does the 'close limit' criteria refer to in dynamic pricing? Video Reference:
"on a encore le close limite je vais plus loin en 1100 le des limites et le booking limites c'est ce ..."

Timestamp: 8:30

Q5 Intermediate 2 pts

True or false: The video recommends analyzing historical data only from your own hotel when setting rate grids. Video Reference:
"bien sûr pour la mise en place des grilles tarifaires il ya un gros travail d'analysé d'abord celui ..."

Timestamp: 9:30

Q6 Advanced 3 pts

The video lists four types of information that should be included in a rigorous historical data record. Which of the following is NOT one of them? Video Reference:
"quand je parle d' historique il s'agit d'un historique de données qui devrait comprendre quatre type..."

Timestamp: 10:30

Q7 Intermediate 2 pts

According to the summary at the end, what are the key steps to correctly apply yield management? Video Reference:
"en résumé pour appliquer correctement le lean management je dois premièrement connaître ma segmentat..."

Timestamp: 12:00

Q8 Beginner 1 pts

True or false: The video states that an unsold hotel room on a given night is permanently lost revenue that cannot be recovered. Video Reference:
"on pourrait dire que le point le plus important à retenir et une chambre no vendu un soir est défini..."

Timestamp: 1:00

Quiz: Yield Management in the Hospitality Industry

According to the video, yield management can be characterized by how many main points? Video Reference:
"pour faire simple on va caractériser le yield management en quatre points..."

Timestamp: 1:30

The video mentions two main possibilities hotels consider when managing their rates. Which of the following is NOT one of them? Video Reference:
"en général la direction sans riante vers deux possibilités la première est de favoriser le remplissa..."

Timestamp: 2:30

The video discusses two main customer segments with different price sensitivities. Which segment is more price sensitive? Video Reference:
"la clientèle de loisirs va avoir une sensibilité aux prix et va essayer de réserver en armes de mani..."

Timestamp: 5:30

According to the video, what does the 'close limit' criteria refer to in dynamic pricing? Video Reference:
"on a encore le close limite je vais plus loin en 1100 le des limites et le booking limites c'est ce ..."

Timestamp: 8:30

True or false: The video recommends analyzing historical data only from your own hotel when setting rate grids. Video Reference:
"bien sûr pour la mise en place des grilles tarifaires il ya un gros travail d'analysé d'abord celui ..."

Timestamp: 9:30

The video lists four types of information that should be included in a rigorous historical data record. Which of the following is NOT one of them? Video Reference:
"quand je parle d' historique il s'agit d'un historique de données qui devrait comprendre quatre type..."

Timestamp: 10:30

According to the summary at the end, what are the key steps to correctly apply yield management? Video Reference:
"en résumé pour appliquer correctement le lean management je dois premièrement connaître ma segmentat..."

Timestamp: 12:00

True or false: The video states that an unsold hotel room on a given night is permanently lost revenue that cannot be recovered. Video Reference:
"on pourrait dire que le point le plus important à retenir et une chambre no vendu un soir est défini..."

Timestamp: 1:00

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Quiz: Yield Management in the Hospitality Industry

According to the video, yield management can be characterized by how many main points? Video Reference: "pour faire simple on va caractériser le yield management en quatre points..." Timestamp: 1:30

The video mentions two main possibilities hotels consider when managing their rates. Which of the following is NOT one of them? Video Reference: "en général la direction sans riante vers deux possibilités la première est de favoriser le remplissa..." Timestamp: 2:30

The video discusses two main customer segments with different price sensitivities. Which segment is more price sensitive? Video Reference: "la clientèle de loisirs va avoir une sensibilité aux prix et va essayer de réserver en armes de mani..." Timestamp: 5:30

According to the video, what does the 'close limit' criteria refer to in dynamic pricing? Video Reference: "on a encore le close limite je vais plus loin en 1100 le des limites et le booking limites c'est ce ..." Timestamp: 8:30

True or false: The video recommends analyzing historical data only from your own hotel when setting rate grids. Video Reference: "bien sûr pour la mise en place des grilles tarifaires il ya un gros travail d'analysé d'abord celui ..." Timestamp: 9:30

The video lists four types of information that should be included in a rigorous historical data record. Which of the following is NOT one of them? Video Reference: "quand je parle d' historique il s'agit d'un historique de données qui devrait comprendre quatre type..." Timestamp: 10:30

According to the summary at the end, what are the key steps to correctly apply yield management? Video Reference: "en résumé pour appliquer correctement le lean management je dois premièrement connaître ma segmentat..." Timestamp: 12:00

True or false: The video states that an unsold hotel room on a given night is permanently lost revenue that cannot be recovered. Video Reference: "on pourrait dire que le point le plus important à retenir et une chambre no vendu un soir est défini..." Timestamp: 1:00

Share This Quiz

Calculating Your Results...

Source Video

According to the video, yield management can be characterized by how many main points? Video Reference:
"pour faire simple on va caractériser le yield management en quatre points..."

Timestamp: 1:30

The video mentions two main possibilities hotels consider when managing their rates. Which of the following is NOT one of them? Video Reference:
"en général la direction sans riante vers deux possibilités la première est de favoriser le remplissa..."

Timestamp: 2:30

The video discusses two main customer segments with different price sensitivities. Which segment is more price sensitive? Video Reference:
"la clientèle de loisirs va avoir une sensibilité aux prix et va essayer de réserver en armes de mani..."

Timestamp: 5:30

According to the video, what does the 'close limit' criteria refer to in dynamic pricing? Video Reference:
"on a encore le close limite je vais plus loin en 1100 le des limites et le booking limites c'est ce ..."

Timestamp: 8:30

True or false: The video recommends analyzing historical data only from your own hotel when setting rate grids. Video Reference:
"bien sûr pour la mise en place des grilles tarifaires il ya un gros travail d'analysé d'abord celui ..."

Timestamp: 9:30

The video lists four types of information that should be included in a rigorous historical data record. Which of the following is NOT one of them? Video Reference:
"quand je parle d' historique il s'agit d'un historique de données qui devrait comprendre quatre type..."

Timestamp: 10:30

According to the summary at the end, what are the key steps to correctly apply yield management? Video Reference:
"en résumé pour appliquer correctement le lean management je dois premièrement connaître ma segmentat..."

Timestamp: 12:00

True or false: The video states that an unsold hotel room on a given night is permanently lost revenue that cannot be recovered. Video Reference:
"on pourrait dire que le point le plus important à retenir et une chambre no vendu un soir est défini..."

Timestamp: 1:00