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Give an Example of How a Hotel Can Generate Customer

question 109

Short Answer

Give an example of how a hotel can generate customer loyalty at a "customer touch point."


Definitions:

Noncash Accounts

Accounts in financial accounting that represent transactions not involving physical cash, such as depreciation or credits.

Noncurrent Assets

Assets that are not expected to be converted into cash, sold, or consumed within one year or the normal operating cycle of the business, typically including property, plant, and equipment.

Treasury Stock

Stocks that the issuing company initially released and then bought back, decreasing the total shares available for trading.

Cash Dividends

Payments made by a company to its shareholders, usually in cash, out of its profits or reserves.

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