Exam 2: The Hotel Business

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

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Airport hotels

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

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

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The benefits of franchising include all of the following EXCEPT:

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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.

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

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

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

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Casino hotels

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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.

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