International Hotel Negotiation

From the study guide

Course Outline

  1. Negotiators and Core Skills
  2. Bargaining Types and Objectives
  3. Negotiation Preparation Process
  4. Power Analysis and Approach
  5. Issues, Offers, and Concessions
  6. BATNA and Agreement Zones

1. Negotiators and Core Skills

★ Must-know

  • Hotel negotiation may involve:

    • third-party mediators
    • salespeople
    • procurement managers
    • project managers
    • department heads
    • students negotiating with teachers
    • children negotiating with parents
  • Effective negotiators need:

    • excellent communication, especially listening
    • diplomacy and people skills
    • concession management
    • business sense
    • debate principles
    • good planning
  • Good planning should account for the situation and the opponent, and the course estimates that it determines 70–75% of the negotiation outcome.

Further detail

  • 🔄 Debate principles require negotiators to: establish the facts, introduce information, question information that is off, skewed, biased, or framed

2. Bargaining Types and Objectives

Read the full study guide →

Practice quiz preview

1. Which person could participate as a negotiator in a hotel-related negotiation?

2. Which combination best describes the skills required for effective negotiation?

3. A negotiator spends substantial time studying the situation and the other party before making an offer. What is the main reason for this preparation?

Take the quiz (20 questions) →

Flashcard preview

Who may be involved in hotel negotiation besides the main parties?

Third-party mediators, salespeople, procurement managers, project managers, department heads, students, and children.

What communication skill is especially important for effective negotiators?

Listening is especially important for effective negotiators.

What do debate principles require negotiators to do with information?

They must establish facts, introduce information, and question biased or skewed information.

What should good planning in negotiation account for?

It should account for the situation and the opponent.

What percentage of the negotiation outcome does good planning determine?

Good planning determines 70–75% of the negotiation outcome.

What outcome does distributive bargaining seek?

A win-lose outcome maximizing one's own gain.

See all 38 flashcards →

Frequently asked questions

What does the International Hotel Negotiation study guide cover?

It covers the core concepts of International Hotel Negotiation, organized by topic with the key definitions, explanations and takeaways, so it's easier to learn and remember.

Read the full study guide →

How many questions are in the International Hotel Negotiation quiz?

The practice quiz has 20 multiple-choice questions, each with an explanation. Use it to check what you know and find your gaps.

Take the quiz (20 questions) →

How do I study International Hotel Negotiation with flashcards?

There are 38 flashcards on International Hotel Negotiation, with a question on the front and the answer on the back. Try to recall each answer before you flip, and let spaced repetition bring back the ones you miss.

See all 38 flashcards →

Related classes

Turn your own class notes into a study guide

Upload a PDF or paste your notes. Revizly writes a study guide, a practice quiz and flashcards in about a minute.