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Dynamic application of standard sets  (21765)

In most operations, labor standards for target markets remain stable, regardless of fluctuations in metrics. However, exceptional circumstances might call for the application of standard sets that differ from the norm. For example, hotels might use consistent labor standards, regardless of fluctuations in average daily rate (ADR)—mainly because businesses like hotels rarely experience wide fluctuations in revenue within specific time periods or seasons. For a rare event, such as the 2020 COVID-19 pandemic, a hotel might need to apply a separate labor standard to reduce operating losses in environments where occupancy is recovering faster than the ADR being paid for a room. 

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