menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Check In Check Out Managing Hotel
  4. Exam
    Exam 15: Understanding Billing and Financial Operations in the Hospitality Industry
  5. Question
    Unlike Other Retail Businesses, Hotels Have the Identity of Their
Solved

Unlike Other Retail Businesses, Hotels Have the Identity of Their

Question 224

Question 224

True/False

Unlike other retail businesses, hotels have the identity of their customers, and that allows them to defer payment until after the services have been rendered, even if that is several days later.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q219: Regarding room rates:<br>A) New York City has

Q220: If, as some say, hotels are commodities

Q221: There seems to be no explanation for

Q222: In a sale-and-leaseback, a hotel company sells

Q223: It is standard procedure to offer rate

Q225: Match the items in the left column

Q226: A single entity group (a troupe of

Q227: Airline crews are much sought after by

Q228: If Flat Rates are offered to convention

Q229: Only guests with light baggage, or no

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines