What best describes a negotiated rate


Question: Which of the following best describes a negotiated rate? Group of answer choices It is another term for an employee discount. It is the rate an OTA like Expedia charges to a hotel. It is the rate a sales manager charges a group. It is a discounted rate that a hotel/hotel brand has agreed to charge to a certain group or company over a long period of time, usually with small increases year over year.What is a market segment review? Group of answer choices Revenue leaders should evaluate where bookings came from, and which segment(s) were the best in ADR, Occupancy, and RevPAR. Revenue leaders look to the performance of their hotel relative to their competitors to benchmark their hotel's performance. Revenue leaders evaluate the hotel's distribution channels for production and cost of acquisition. Revenue leaders evaluate displacement for opportunities.

 

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