Hotel Ownership

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which method is a driving force in the development and operation of the hotel business?

  • Franchising (correct)
  • Ownership
  • Management contracts
  • Guestrooms

What are the two main driving forces in the hotel business?

  • Franchising and guestrooms
  • Franchising and management contracts (correct)
  • Management contracts and guestrooms
  • Ownership and guestrooms

What is the approximate size of the lodging industry in terms of revenue?

  • $155 billion (correct)
  • $5 million
  • $54,200 billion
  • $155 million

What does the lodging industry include?

<p>54,200 properties with 5 million guestrooms (D)</p> Signup and view all the answers

What does a franchisor grant to a franchisee?

<p>Rights (D)</p> Signup and view all the answers

Which of the following is a key objective of Chapter 2 in the book 'Introduction to Hospitality'?

<p>Compare different methods of hotel ownership and development (B)</p> Signup and view all the answers

What is the approximate number of properties in the lodging industry?

<p>54,200 (A)</p> Signup and view all the answers

Which of the following is NOT a driving force in the development and operation of the hotel business?

<p>Guest satisfaction (A)</p> Signup and view all the answers

What does a franchisor grant to a franchisee?

<p>Rights (D)</p> Signup and view all the answers

What other support services might a franchisor provide to a franchisee?

<p>Marketing assistance (C)</p> Signup and view all the answers

Flashcards are hidden until you start studying

More Like This

Hotel Classification and Organizations
16 questions
Hotel Classification Segments Quiz
5 questions
TH2302 Hotel Operations Quiz
43 questions

TH2302 Hotel Operations Quiz

OutstandingCosecant avatar
OutstandingCosecant
Use Quizgecko on...
Browser
Browser