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Hospitality industry and business sectors

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  1. List and describe at least two differences between the hospitality industry and other business sectors?  
  2. List and explain at least two personality traits needed for a successful hospitality career.
  3. In reference to the lodging industry, explain yield management.
  4. A 600-room hotel has 476 occupied on 10/31/18. The hotel made $134,567.84.  What is the ROP, ADR and REVPAR?
  5. In reference to the Food and Beverage industry, how are the following calculated: A. Food Cost Percentage, B. Labor Cost Percentage C. Pour/Cost Percentage. Why is it important to understand each of these?

Reference no: EM132388291

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