The Rapid Evolution of Online Distribution Systems Has Led to a Phenomenon

question 37

Multiple Choice

The rapid evolution of online distribution systems has led to a phenomenon never faced before in the hospitality industry:__________ .

• A) Complete transparency in pricing
• B) Disproportionate lack of inventory
• C) "Ad hoc" pricing
• D) An increase in consumer frustration with the increase of technology

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Definitions:

Loan Officer

A professional responsible for evaluating, authorizing, or recommending approval of loan applications for individuals and businesses.

Dress Code

A set of rules specifying the expected attire in a particular context, such as a workplace, school, or formal event.

Property Manager

A professional responsible for the operation, control, and oversight of real estate management, including managing assets and attending to tenants' needs.

Travel Expenses

Costs associated with business or work-related travel, such as transportation, lodging, meals, and incidentals, often reimbursable by employers.