Question 1

Hotels that are a cross between a chain and a marketing group for independent hotels are classified as

Accepted Answer

A)  quasi -chain
B)  independent hotels
C)  corporate hotels
D)  chain hotels

Question 2

City center,resort,airport and freeway are all examples of hotels being classified by

Accepted Answer

A)  location
B)  amenities
C)  service
D)  price

Question 3

Examples of hotel location include

Accepted Answer

A)  city,resort,airport,freeway
B)  spa,convention,casino,bed and breakfast
C)  full service,mid -scale,extended stay,limited service
D)  luxury,all suites,economy,budget

Question 4

The lack of operational power,high fees,low percentage of reservations from the central reservation system are all ________ of franchising.

Accepted Answer

A)  bonuses
B)  trends
C)  benefits
D)  drawbacks

Question 5

Airport hotels

Accepted Answer

A)  face less competition than other types of hotels
B)  range from 200 -600 rooms with full service
C)  are generally not full service
D)  are often smaller,budget hotels

Question 6

In order to determine if a hotel development project would likely succeed,we would perform a

Accepted Answer

A)  trust initiative
B)  operating assessment
C)  feasibility study
D)  property appraisal

Question 7

Hotel companies are increasingly opting for ________ because considerably less capital is tied up in managing as compared to ownership.

Accepted Answer

A)  management companies
B)  franchising
C)  real estate investment trusts
D)  referral companies

Question 8

Of the ten hotel classifications,select five and give a general description of the types of hotels in each segment.Be sure to include price,location,and degree of service and target market.

Accepted Answer

The text lists the classificat...

Question 9

Examples of hotel level of service classification include

Accepted Answer

A)  luxury,all suites,economy,budget
B)  city,resort,airport,freeway
C)  full service,mid -scale,extended stay,limited service
D)  spa,convention,casino,bed and breakfast

Question 10

As the hotel industry matures,corporations are either acquiring or merging with each other.This is

Accepted Answer

A)  diversification
B)  safety and security
C)  consolidation
D)  capacity control

Question 11

In this type of "ownership" investors do not pay corporate income tax,however they distribute the majority of net income to shareholders,and are publicly traded.

Accepted Answer

A)  Partnerships
B)  Franchises
C)  Real estate investment trusts
D)  Independent ownership

Question 12

Casino hotels

Accepted Answer

A)  make more money from gaming than from rooms
B)  are marketing themselves as business hotels
C)  are focusing more on the budget traveler
D)  are becoming more family friendly

Question 13

List five factors involved in the growth of franchising.

Accepted Answer

Fresh look ^-curb appeal Location ^-near hig...

Exam 2: The Hotel Business

As the hotel industry matures,corporations are either acquiring or merging with each other.This is

Correct Answer
verified

Hotel companies are increasingly opting for ________ because considerably less capital is tied up in managing as compared to ownership.

Correct Answer
verified

City center,resort,airport and freeway are all examples of hotels being classified by

Correct Answer
verified

In this type of "ownership" investors do not pay corporate income tax,however they distribute the majority of net income to shareholders,and are publicly traded.

Correct Answer
verified

List five factors involved in the growth of franchising.

Correct Answer
verified
Fresh look ^-curb appeal Location ^-near hig...
View Answer

Examples of hotel level of service classification include

Correct Answer
verified

The lack of operational power,high fees,low percentage of reservations from the central reservation system are all ________ of franchising.

Correct Answer
verified

Examples of hotel location include

Correct Answer
verified

In order to determine if a hotel development project would likely succeed,we would perform a

Correct Answer
verified

Airport hotels

Correct Answer
verified

Casino hotels

Correct Answer
verified

Hotels that are a cross between a chain and a marketing group for independent hotels are classified as

Correct Answer
verified

Of the ten hotel classifications,select five and give a general description of the types of hotels in each segment.Be sure to include price,location,and degree of service and target market.

Correct Answer
verified
The text lists the classificat...
View Answer

Exam 2: The Hotel Business

As the hotel industry matures,corporations are either acquiring or merging with each other.This is

Correct AnswerverifiedShow Answer

Hotel companies are increasingly opting for ________ because considerably less capital is tied up in managing as compared to ownership.

Correct AnswerverifiedShow Answer

City center,resort,airport and freeway are all examples of hotels being classified by

Correct AnswerverifiedShow Answer

In this type of "ownership" investors do not pay corporate income tax,however they distribute the majority of net income to shareholders,and are publicly traded.

Correct AnswerverifiedShow Answer

List five factors involved in the growth of franchising.

Correct AnswerverifiedFresh look -curb appeal Location -near hig...View AnswerShow Answer

Examples of hotel level of service classification include

Correct AnswerverifiedShow Answer

The lack of operational power,high fees,low percentage of reservations from the central reservation system are all ________ of franchising.

Correct AnswerverifiedShow Answer

Examples of hotel location include

Correct AnswerverifiedShow Answer

In order to determine if a hotel development project would likely succeed,we would perform a

Correct AnswerverifiedShow Answer

Airport hotels

Correct AnswerverifiedShow Answer

Casino hotels

Correct AnswerverifiedShow Answer

Hotels that are a cross between a chain and a marketing group for independent hotels are classified as

Correct AnswerverifiedShow Answer

Of the ten hotel classifications,select five and give a general description of the types of hotels in each segment.Be sure to include price,location,and degree of service and target market.

Correct AnswerverifiedThe text lists the classificat...View AnswerShow Answer

Correct Answer
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Fresh look ^-curb appeal Location ^-near hig...
View Answer

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verified

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verified
The text lists the classificat...
View Answer