BUSINESS ADMINISTRATION
OFFICE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Group booking lead time
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Group booking pace
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Group reservation
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Group turnover
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Detailed explanation-1: -Group Room Sales The group’s booking pace indicates the rate at which group business is being booked as per the historical trends. Anticipated group business helps watch out for repetitive group patterns and accordingly forecast the pressure on the market, and hence adjust selling strategies.
Detailed explanation-2: -ii. Group booking pace – The rate at which group business is being booked.
Detailed explanation-3: -Booking Pace The speed at which bookings materialize over a period of time from the booking date to the arrival date. Booking pace is expressed as a fraction of bookings received on certain days in advance.
Detailed explanation-4: -Displacement occurs when a hotel accepts group business at the expense of transient guests. Since transient guestsofften pay higher room rates than group members, this situation warrants close scrutiny.