You Own an Enchanting Victorian Bed-And-Breakfast Facility in Ashland,Oregon,home of the Annual
Multiple Choice
You own an enchanting Victorian bed-and-breakfast facility in Ashland,Oregon,home of the annual Oregon Shakespeare Festival.The symbol for your in-season rates is ,when the Bard's plays are being enacted on the stages.In season,you have a two-night minimum-stay requirement.When the festival season has ended,however,you have trouble filling your rooms.
Using the tool of yield management,what action will you take to maximize profits?
A) close down your facility during the off season to minimize expenses
B) connect with other hotel/motel owners and set a minimum rental limit
C) lower your rates to $$ and remove the minimum-stay requirement
D) keep your rates and minimum stay the same and increase advertising
E) consider the off season as vacation time to renew your energy
Correct Answer:

Verified
Correct Answer:
Verified
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