84.6k views
5 votes
The term bench marking as relates to the hotel industry refers to A-line by line analysis's of the operating statement comparing metrics for hotels of such a similar size or profiles that true ir false

1 Answer

5 votes

Answer:

true

Step-by-step explanation:

Bench marking is a tool used to measure and improve performance of a company or segment.It involves a Managers identifying the best entity or segment that has similar attributes to its operations and/or segment in terms of industry, size and market, then comparing what they do well the most and implementing changes in their firm`s or segments.

User Prajmus
by
4.4k points