I’m trying to study for my Management course and I need some help to understand this question.
In May of next year, Brown University will hold their annual commencement exercises. In the past, hotels in Providence have set rate fences for graduation weekend and have charged in excess of 600.00 a night with a minimum stay requirement of 4 nights. While this is a common practice in the industry, many consumers have complained and have even sued hotels for this practice. For this assignment you will discuss the ethics of revenue management (basically, is this ethical?).
Write a 2-3 page paper (double space, times new roman size 12 font) on your position.
Use a minimum of two sources to validate your research.