Historically, Hotel Pricing Was Determined by a Triangular Relationship Between

question 23

True/False

Historically, hotel pricing was determined by a triangular relationship between cost, demand and competition.

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Definitions:

Joint

A point where two bones meet in the body, enabling movements and providing support.

Movement

The act or process of moving; changes in position or location.

Connection

The point at which two or more things are joined or the relationship between them.

Abduction

The action of moving a limb or different body part away from the body's central axis or away from another body part.