Solution-Hotels and airline companies often sell their rooms

Hotels and airline companies often sell their rooms

Reference no: EM13700983

Hotels and airline companies often sell their rooms and seats at deep discounts on sites like www.priceline.com andwww.hotwire.com. The prices for these hotel rooms and airline seats are often way below what the company needs to make to cover its costs.

1. Discuss why airline and hotel companies are willing to do this? (Think about the different types of costs as they apply to hotels and airlines when you present your reasoning.)

Reference no: EM13700983

Questions Cloud

Write a complete description flexor digitorum superficialis : Write a complete description Flexor digitorum superficialis relationship to the other elements of the musculoskeletal system that interact with with it.

Why is it important to properly classify liabilities : Why is it important to properly classify liabilities? Discuss ways in which misclassification would impact the financial statements. Discuss ways in which misclassification would impact financial analysis. How would this affect shareholders and..

Minimum price a firm would charge for product : What is the minimum price a firm would charge for this product and what is the firm's profit potential for producing this product?

The different branches of business : Airlines as well as hotel companies have their own websites where customers can buy seats or rooms. Why do you think they prefer to use priceline or hotwire for the 'deeply discounted' product rather than their own website?

Hotels and airline companies often sell their rooms : Hotels and airline companies often sell their rooms and seats at deep discounts on sites like www.priceline.com andwww.hotwire.com. The prices for these hotel rooms and airline seats are often way below what the company needs to make to cover i..

Distribution of scores for physical functioning : Distribution of scores for Physical Functioning in women is normal, where are 99% of the women's scores around the mean in this distribution? Round your answer to two decimal places.

The trial balance of winsor corporation is reproduced : The trial balance of Winsor Corporation is reproduced on the following page. The information below is relevant to the preparation of adjusting entries needed to both properly match revenues and expenses for the period and reflect the proper bal..

The stoneland company was in the construction business. : The Stoneland Company was in the construction business. In building its Balanced Scorecard, managers interviewed many of its current and potential customers. They found that some customers were highly price-sensitive and wanted to continue busi..

Automated process of accounting information systems : Similar to any business, Kudler Fine Foods uses payroll, accounts payable, accounts receivable, and inventory processes. All four of these processes might be improved by the use of accounting information systems. Your accounting firm has assign..

User Account

All Pages

Hotels and airline companies often sell their rooms

Reference no: EM13700983

Reference no: EM13700983

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

Was manufacturing overhead underapplied or overapplied by

The abc a computer manufacturing organization is using

Citrus girl company cgc purchases quality citrus produce

Cost of goods manufactured problem

What are the total product costs for the company

If fixed costs are 259238 the unit selling price is 112 and

What should the total materials cost be at a production

How can a company that reports record breaking sales not

Calculating divisions return on investment

Do you think that acores policy of allocating the same

Prepare a cash budget for september, october

Charlie corp sells it products on both credit and cash

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT