Exam 4: Lodging

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.

________ hotels provide facilities to meet the needs of groups attending large meetings and expositions.

Which of the following hotels has received all of the hospitality industry and consumer organization awards including the prestigious Malcolm Baldridge National Quality Award?

Another step many hotels are taking to conserve resources includes replacing showerheads with low flow devices. These can save ________ gallons of water for every 5 minutes of Shower.

You are researching your next vacation and considering what hotels to use. Explain why you would choose a hotel with a 5-diamond rating over a hotel with only 3-diamonds. Discuss the level of amenities, service and opportunities for quality food.

The ________ hotel industry is beginning to reshape the U.S. economy as a significant segment of the entertainment industry.

In exploring the possibility of becoming a franchisee, list and describe five potential benefits?

The convenience of parking right outside the room is representative of ________ .

Airport hotels:

Economy or budget hotels became popular by focusing on:

The average franchise fees range from ________ percent of room revenue.

Vacation ownership:

________ tourism has become one of the fastest growing segments of the lodging industry.

Franchising hotels began in 1907 by:

List and provide examples of the three ways in which hotels are classified.

Hotels may be classified by a number of factors including location, price, and:

Hotels that provide residences as well as rooms for guests to book are known as ________.

Casino hotels are different from other hotels because:

Describe the benefits and potential drawbacks of vacation ownership

Hotels classified by level of service would include: