AHLEI CHRM Practice Questions - AHLEI Certified Hospitality Revenue Manager (CHRM) Exam

Why is lodging especially well suited to revenue management?

Rooms can be stored and sold later if unsold tonight Demand for hotel rooms never fluctuates Hotels have unlimited capacity to add rooms on demand Hotel inventory is perishable and supply is fixed in the short term

Correct Answer:

Hotel inventory is perishable and supply is fixed in the short term

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