4. Assume you own and operate a hotel near a busy international airport. Your property caters...

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4. Assume you own and operate a hotel near a busyinternational airport. Your property caters directly to businesstravelers. Assume also that your historical records indicate acomplete room’s sell­out every Tuesday and Wednesday night for thepast six months. Your hotel’s director of sales (DOS) informs youthat she forecasts Tuesday and Wednesday night sell­outs for thecoming six months as well. What does that information tell youabout business traveler’s willingness to purchase rooms on thosespecific nights? Would you encounter an ethical dilemma institutinga differential pricing strategy that valued the rooms you haveavailable for sale on Tuesday and Wednesday nights higher thanthose rooms you sell on other nights? Explain your position

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As the rooms on Tuesday and Wednesday nights have been completely occupied on a historical basis and as the future prediction also forecasts a complete sellout for these two days it can easily be said that the demand for rooms is very high on    See Answer
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4. Assume you own and operate a hotel near a busyinternational airport. Your property caters directly to businesstravelers. Assume also that your historical records indicate acomplete room’s sell­out every Tuesday and Wednesday night for thepast six months. Your hotel’s director of sales (DOS) informs youthat she forecasts Tuesday and Wednesday night sell­outs for thecoming six months as well. What does that information tell youabout business traveler’s willingness to purchase rooms on thosespecific nights? Would you encounter an ethical dilemma institutinga differential pricing strategy that valued the rooms you haveavailable for sale on Tuesday and Wednesday nights higher thanthose rooms you sell on other nights? Explain your position

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