ONE YIELD v2 Certification Newest
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Responsibility each department has within the projection process. Finance: -
ANSWERCreates an overall property forecast and communicates this to regional and
corporate teams.
Responsibility each department has within the projection process. Revenue
management: - ANSWERResponsible for the final rooms projection.
, Why should group projections be completed before transient projections in the
projection process? - ANSWEROn the books groups is used to determine remaining
transient supply.
T/F: Segmentation includes the process of understanding your transient mix of business
within a group of more defined segments, sometimes referred to as market or sub
segments. - ANSWERTrue
If your demand far exceeds hotel capacity on a given night, One Yield might make the
following recommendations in order to maximize profitability: - ANSWERStronger
restrictions on discount rates such as government and senior discount rates.
The transient segment would included the following customers: - ANSWERA tourist
booking on an eChannel such as Expedia or Hotels.com, A business traveler booking
on the IBM rate, a Marriott rewards member that booked on Marriott.com
The benefits of using One Yield for projections are: - ANSWEREnables a more dynamic
projection process, Improves efficiency by bringing together key metrics, and facilitates
the collection and reporting of projected business levels across the organization.
The contract segment would include the following customers: - ANSWERAirline crews,
A group of business travers staying at the hotel for 6 months to conduct an audit, A
construction company that has a block of 30 rooms for one year building an apartment
complex.
If group history exists how many years of historical group data is displayed on the group
projections screen? - ANSWERTwo previous years.
T/F: To-Be rooms projections will automatically be adjusted each night based on.
Updated definite and tentative projections. - ANSWERFalse
Assuming today is August 16th, on what date will group projections values for August
16th be replaced with actuals? - ANSWERAugust 18th.
Where does each property receive its actual daily data? North American based
managed Marriott, renaissance and sleet Ritz Carlton properties: - ANSWERMarriott
finance system.
Where does each property receive its actual daily data? Select-Service, extended stay,
and all franchise brands: - ANSWERMarriott's reservation data warehouse (MRDW).
Where does each property receive its actual daily data? International managed Marriott
and renaissance properties: - ANSWERThe LRP upload tool.
Where does each property receive actual month end or period end data? All managed
Marriott, Renaissance, and Ritz-Carlton properties: - ANSWERMarriott Finance system
Exam Preparation Newest With
Complete Questions And Correct
Detailed Answers| Brand New
Version
Responsibility each department has within the projection process. Finance: -
ANSWERCreates an overall property forecast and communicates this to regional and
corporate teams.
Responsibility each department has within the projection process. Revenue
management: - ANSWERResponsible for the final rooms projection.
, Why should group projections be completed before transient projections in the
projection process? - ANSWEROn the books groups is used to determine remaining
transient supply.
T/F: Segmentation includes the process of understanding your transient mix of business
within a group of more defined segments, sometimes referred to as market or sub
segments. - ANSWERTrue
If your demand far exceeds hotel capacity on a given night, One Yield might make the
following recommendations in order to maximize profitability: - ANSWERStronger
restrictions on discount rates such as government and senior discount rates.
The transient segment would included the following customers: - ANSWERA tourist
booking on an eChannel such as Expedia or Hotels.com, A business traveler booking
on the IBM rate, a Marriott rewards member that booked on Marriott.com
The benefits of using One Yield for projections are: - ANSWEREnables a more dynamic
projection process, Improves efficiency by bringing together key metrics, and facilitates
the collection and reporting of projected business levels across the organization.
The contract segment would include the following customers: - ANSWERAirline crews,
A group of business travers staying at the hotel for 6 months to conduct an audit, A
construction company that has a block of 30 rooms for one year building an apartment
complex.
If group history exists how many years of historical group data is displayed on the group
projections screen? - ANSWERTwo previous years.
T/F: To-Be rooms projections will automatically be adjusted each night based on.
Updated definite and tentative projections. - ANSWERFalse
Assuming today is August 16th, on what date will group projections values for August
16th be replaced with actuals? - ANSWERAugust 18th.
Where does each property receive its actual daily data? North American based
managed Marriott, renaissance and sleet Ritz Carlton properties: - ANSWERMarriott
finance system.
Where does each property receive its actual daily data? Select-Service, extended stay,
and all franchise brands: - ANSWERMarriott's reservation data warehouse (MRDW).
Where does each property receive its actual daily data? International managed Marriott
and renaissance properties: - ANSWERThe LRP upload tool.
Where does each property receive actual month end or period end data? All managed
Marriott, Renaissance, and Ritz-Carlton properties: - ANSWERMarriott Finance system
