Question 1

Hotels that are typically furnished,have a well -stocked kitchen,and cater to guests staying for longer periods of time are

Accepted Answer

A) extended -stay hotels 
B) convention hotels 
C) full service hotels 
D) boutique hotels 
A) extended -stay hotels 
B) convention hotels 
C) full service hotels 
D) boutique hotels A

Question 2

The benefits of franchising include all of the following EXCEPT:

Accepted Answer

A) set of plans and specifications for building 
B) participating in the volume purchasing discounts 
C) national advertising 
D) high fee percentages charged by credit card companies 
A) set of plans and specifications for building 
B) participating in the volume purchasing discounts 
C) national advertising 
D) high fee percentages charged by credit card companies D

Question 3

The following are characteristics of airport hotels EXCEPT:

Accepted Answer

A) 200 -600 rooms 
B) budget focused 
C) full service 
D) airport shuttle service 
A) 200 -600 rooms 
B) budget focused 
C) full service 
D) airport shuttle service B

Question 4

The fastest growing segment of the travel industry is

Accepted Answer

A) cruise ships 
B) resort hotels 
C) city center hotels 
D) vacation ownership 
A) cruise ships 
B) resort hotels 
C) city center hotels 
D) vacation ownership

Question 5

Marriott builds a hotel for $34 million and sells it to a banking firm for $52 million.Marriott charges the banking firm 2 -4 % of gross revenues to operate the hotel.This business transaction is known as

Accepted Answer

A) management contract 
B) Investment Partnership 
C) REIT 
D) franchising 
A) management contract 
B) Investment Partnership 
C) REIT 
D) franchising

Question 6

The primary growth and development strategy of hotels during the 1960's was

Accepted Answer

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

Question 7

Corporations that operate a hotel without capital outlay in exchange for a percentage of gross sales are known as

Accepted Answer

A) leasing companies 
B) vacation brokers 
C) franchisees 
D) management companies 
A) leasing companies 
B) vacation brokers 
C) franchisees 
D) management companies

Question 8

Franchising fees vary according to the agreements between franchisee and franchisor but the usual fees are between ________ of room revenue

Accepted Answer

A) 4 and 5% 
B) 5 and 6% 
C) 2 and 3% 
D) 3 and 4% 
A) 4 and 5% 
B) 5 and 6% 
C) 2 and 3% 
D) 3 and 4%

Question 9

Compare and contrast the following concepts: franchise,partnership,leasing and syndication.

Accepted Answer

Students should cover the positive aspec

Question 10

An organization that rates and classifies hotels and awards them Diamonds is the

Accepted Answer

A) Exxon Excellence Association 
B) American Automobile Association 
C) United States Automobile Club 
D) American Hotel & Motel Association 
A) Exxon Excellence Association 
B) American Automobile Association 
C) United States Automobile Club 
D) American Hotel & Motel Association

Question 11

Hotels and motels that are part of a ________ share a centralized reservation system and a common image,logo or advertising slogan.

Accepted Answer

A) proprietorship 
B) referral association 
C) franchise 
D) REIT 
A) proprietorship 
B) referral association 
C) franchise 
D) REIT

Question 12

Examples of hotel price classification include

Accepted Answer

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

Question 13

In franchising,the franchisee is granted rights to

Accepted Answer

A) change the name of the business 
B) full ownership of the land 
C) use trademarks,operating procedures and other business procedures 
D) full ownership of the building 
A) change the name of the business 
B) full ownership of the land 
C) use trademarks,operating procedures and other business procedures 
D) full ownership of the building

Question 14

Mixed use hotel development indicates that a hotel

Accepted Answer

A) is near transportation 
B) can be used for meetings and lodging 
C) serves food 
D) may also have residences 
A) is near transportation 
B) can be used for meetings and lodging 
C) serves food 
D) may also have residences

Question 15

List three popular forms of ownership used in the lodging industry that allow for rapid expansion.

Accepted Answer

Franchisin

Question 16

You own a three star hotel in an upscale area of town and find it necessary to upgrade to four -star to be competitive in your market.List and describe how you intend to accomplish the upgrade.

Accepted Answer

By Student answers should reflect the va

Question 17

List the six main types of hotels by price segment and give two examples of each.Outline a general profile of the typical customer for each segment.

Accepted Answer

In this question,the student needs to lo

Question 18

Discuss marketability of the sustainable hotel industry.Discuss costs versus a standard hotel,guest demographic,and the positive or negative impact in the local community.

Accepted Answer

The student may discuss the cost of buil

Question 19

Hotels may be classified by

Accepted Answer

A) size 
B) country 
C) type of recreational facilities 
D) Location,price and service 
A) size 
B) country 
C) type of recreational facilities 
D) Location,price and service

Question 20

Purchasing the right to use a company's trademark and copyrighted materials is known as

Accepted Answer

A) leasing 
B) a partnership 
C) franchising 
D) syndication 
A) leasing 
B) a partnership 
C) franchising 
D) syndication

Hotels that are typically furnished,have a well ^-stocked kitchen,and cater to guests staying for longer periods of time are

The benefits of franchising include all of the following EXCEPT:

The following are characteristics of airport hotels EXCEPT:

The fastest growing segment of the travel industry is

Marriott builds a hotel for $34 million and sells it to a banking firm for $52 million.Marriott charges the banking firm 2 ^-4 % of gross revenues to operate the hotel.This business transaction is known as

The primary growth and development strategy of hotels during the 1960's was

Corporations that operate a hotel without capital outlay in exchange for a percentage of gross sales are known as

Franchising fees vary according to the agreements between franchisee and franchisor but the usual fees are between ________ of room revenue

Compare and contrast the following concepts: franchise,partnership,leasing and syndication.

An organization that rates and classifies hotels and awards them Diamonds is the

Hotels and motels that are part of a ________ share a centralized reservation system and a common image,logo or advertising slogan.

Examples of hotel price classification include

In franchising,the franchisee is granted rights to

Mixed use hotel development indicates that a hotel

List three popular forms of ownership used in the lodging industry that allow for rapid expansion.

You own a three star hotel in an upscale area of town and find it necessary to upgrade to four ^-star to be competitive in your market.List and describe how you intend to accomplish the upgrade.

List the six main types of hotels by price segment and give two examples of each.Outline a general profile of the typical customer for each segment.

Discuss marketability of the sustainable hotel industry.Discuss costs versus a standard hotel,guest demographic,and the positive or negative impact in the local community.

Hotels may be classified by

Purchasing the right to use a company's trademark and copyrighted materials is known as

Introducing Hospitality

Rooms Division

Food and Beverage

Beverages

The Restaurant Business

Restaurant Management

Managed Services

Tourism

Recreation,attractions,and Clubs

Gaming Entertainment

Meetings,conventions,and Expositions

Special Events

Leadership and Management

Filters

Exam 2: The Hotel Business

Hotels that are typically furnished,have a well -stocked kitchen,and cater to guests staying for longer periods of time are

The benefits of franchising include all of the following EXCEPT:

The following are characteristics of airport hotels EXCEPT:

The fastest growing segment of the travel industry is

Marriott builds a hotel for $34 million and sells it to a banking firm for $52 million.Marriott charges the banking firm 2 -4 % of gross revenues to operate the hotel.This business transaction is known as

The primary growth and development strategy of hotels during the 1960's was

Corporations that operate a hotel without capital outlay in exchange for a percentage of gross sales are known as

Franchising fees vary according to the agreements between franchisee and franchisor but the usual fees are between ________ of room revenue

Compare and contrast the following concepts: franchise,partnership,leasing and syndication.

An organization that rates and classifies hotels and awards them Diamonds is the

Hotels and motels that are part of a ________ share a centralized reservation system and a common image,logo or advertising slogan.

Examples of hotel price classification include

In franchising,the franchisee is granted rights to

Mixed use hotel development indicates that a hotel

List three popular forms of ownership used in the lodging industry that allow for rapid expansion.

You own a three star hotel in an upscale area of town and find it necessary to upgrade to four -star to be competitive in your market.List and describe how you intend to accomplish the upgrade.

List the six main types of hotels by price segment and give two examples of each.Outline a general profile of the typical customer for each segment.

Discuss marketability of the sustainable hotel industry.Discuss costs versus a standard hotel,guest demographic,and the positive or negative impact in the local community.

Hotels may be classified by

Purchasing the right to use a company's trademark and copyrighted materials is known as

Introducing Hospitality

Rooms Division

Food and Beverage

Beverages

The Restaurant Business

Restaurant Management

Managed Services

Tourism

Recreation,attractions,and Clubs

Gaming Entertainment

Meetings,conventions,and Expositions

Special Events

Leadership and Management

Filters

Hotels that are typically furnished,have a well ^-stocked kitchen,and cater to guests staying for longer periods of time are

Marriott builds a hotel for $34 million and sells it to a banking firm for $52 million.Marriott charges the banking firm 2 ^-4 % of gross revenues to operate the hotel.This business transaction is known as

You own a three star hotel in an upscale area of town and find it necessary to upgrade to four ^-star to be competitive in your market.List and describe how you intend to accomplish the upgrade.