International Hotel Negotiation

Study sheet excerpt

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

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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?

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Flashcards 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.

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Frequently asked questions

What does the study sheet on International Hotel Negotiation cover?

The study sheet covers the essential concepts of International Hotel Negotiation. It is organized by topic to facilitate learning and memorization, with key definitions, explanations and summaries.

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How many questions are in the International Hotel Negotiation quiz?

The quiz contains 20 multiple-choice questions with detailed corrections and explanations for each answer. Ideal for testing your knowledge and identifying gaps.

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How to study International Hotel Negotiation with flashcards?

Revizly offers 38 interactive flashcards on International Hotel Negotiation. Each card presents a question on the front and the answer on the back, enabling active, effective studying based on spaced repetition.

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