Hurdle pricing is the term given to the competitive environment in reservation offices: It requires each reservationist to better (jump the hurdle of) his/her record by increasing either the number of reservations taken, or the number of days booked, or the average rate of the booking.
Correct Answer:
Verified
Q113: The airline industry borrowed both the idea
Q114: Last room availability was launched in Washington
Q115: Although U.S. air carriers have stopped paying
Q116: There seems to be no explanation for
Q117: When making reservations, corporate guests are more
Q119: Many small chains and independent properties outsource
Q120: How best to balance the price-occupancy mix
Q121: Under pressure from anti-terrorist groups, the federal
Q122: The airlines, not the hotel industry, created
Q123: Callers who cancel their reservation are not
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents