T/F: One yield v2 will base its transient remaining demand forecast and hurdle calculation on the
retail rates I have chosen to implement in HPP. - Answers True
Reviewing the priority dates in the rates advisor is the third step in the daily revenue management
process after reviewing any priority dates in the ____. - Answers Demand and Supply Advisor
T/F: The default percent for the RPO user defined setting is set at 10% above or below the
recommended price. - Answers True
T/F: Data in the Demand and Supply forecasts is not used to determine retail rate recommendations. -
Answers False
If a hotel does not implement RPO's ________ the retail component of the transient remaining
demand forecast may change based upon the rate elasticity of the hotel. - Answers Recommended
Rate
T/F: The priority dates on the retail rates advisor will display in the list in chronological order based on
use defined thresholds. - Answers True
T/F: A retail priority date will be generated when the difference between the RPO recommended
retail rate the current selling rate exceeds hotel's user defined threshold. - Answers True
In one yield v2, the unconstrained transient remaining demand forecast includes estimated
_________ demand bases upon the implemented retail rate in HPP. - Answers Retailed-tied
What factors does one yield v2 uses to calculate hurdle revenue? - Answers Remaining unconstrained
transient demand, available transient supply, and implemented rate in HPP
Excluding or including To-Be's on the group projections screen in one Yield v2 will automatically
update the To-Be's forecast in Revenue Planning. - Answers False
The allotments screen is where the number of transient rooms, with _____, by account and total can
be viewed, forecasted, and validated. - Answers Guaranteed Availability
Many individals on the hotel team have input into the supply forecast, therefore strong
communication and collaboration is impressive. - Answers True
In what situations might the cancellation forecast be adjusted? - Answers A group event expected to
end a day early causing many of the group guests that have booked outside of the group block to
leave early. An unexpected weather event anticipated to impact travel.
What reason best describes when the group block slippage override field, on the total hotel
authorizations screen, would be used? - Answers Adjust for significant intra-day group changes.
What factors make up the total hotel authorizations supply calculation? - Answers Physical capacity,
Group blockage slippage, Cancellation forecast, and out of order.
Situation when a Revenue manager might choose to exclude to be's from one yield version 2
optimization process. - Answers Arrival date is approaching and there is no activity in the group
funnel.
The sell status defined on the allotments screen has no impact on available transient supply, and is
not considered in the available transient supply calculation. It is used to help guide the way in which
the forecast is defined. - Answers True
The transient cancellation forecast applies to ________. - Answers Transient rooms that have been
booked.
Out of order rooms should be defined and managed in/ on the _____. This is the system of record. -
Answers Out of order screen in one yield v2.
A poor rooms projections may cause the following to happen at a hotel. - Answers The restaurant
runs out of a signature menu item. A customer not getting room service delivered in a timely manner.
An overstaffed front desk.
Sales and marketing may use the rooms projection to: - Answers Choose the amount of group or
contact business the hotel should take, help identify new marketing promotions opportunities, and
indenting what key customers and segments to focus the sales effort on.
Creating a hotels room projections is best achieved by developing the forecast in three customer
segments (groups, contracts , and transient). What is true about projecting these segments? -
Answers These customer segments have different booking characteristics that require each to be
projected independently.
Responsibility each department has within the projection process. Sales: - Answers The initial group
projections.