hospitality management short discussion

Chapter 11 discusses different pricing approaches or methods. Having read the chapter, discuss which pricing approach(es) or method(s) have been used in pricing products in a hospitality business that you are familiar with. Do you think it is effective or not? You industry contact or connections may provide useful information that you need for this assignment. Please share your thoughts and also comment at least once on the postings by other classmates

this is classmate’s posting:
The chapter discusses a strategy I am familiar with in a couple of different ways, Product-Bundle Pricing/Dynamic Packaging. The book mostly focuses on travel examples such as bundle discounts for air, car, and hotels when booked together. I travel several times a year and most often use Priceline because of these discounts. I always compare prices with the providers own website as well, but usually the bundle is always a better deal. While I donâ€t often book entertainment, you can also add those on to your trips as well. I feel that I can travel more because I compare and am more conscious of my purchase options.
From a professional perspective, I find that product-bundle pricing is also seen a lot in restaurants. Big corporate restaurants often offer specials or limited time offers that include a 3-4 course meal special. For example, Applebeeâ€s has a 3 for $22 option that gives 2 entrees and one appetizer. Or you see a lot of places have a ½ size combo option for lunch. They are trying to get people multiple food options for one low price. I feel it is successful and gives the guest a higher perception of value for their money when they are receiving multiple items.

i attached ch 11 ppt.

Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount! Use Discount Code “Newclient” for a 15% Discount!NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.

The post hospitality management short discussion appeared first on The Nursing Hub.

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
error: Content is protected !!