Types Of Hotels: Ownership And Affiliation! Trivia Quiz
7 Questions |
By Aoht | Last updated: Sep 6, 2019
| Total Attempts: 516
The quiz below is perfect for testing your knowledge about types of hotels: ownership and affiliation. Being that the hotel industry is expensive to get in and holding your market share hotels have banded together and formed groups or used a common name to achieve just that. Let’s see what you know about these strategies and some of the ones in existence through the test. Give it a shot!
Questions and Answers
The King James Hotel, a family-owned-and-operated property that is organized as a sole proprietorship, would be classified as:
A chain property.
A corporate property.
An independent property.
Under most management contracts, who retains financial and legal responsibility for the property?
The hotel chain
The owners or developers
The management company
A group of investors is planning to develop a conference center on the outskirts of a major city. Financing opportunities depend on assuring the bank that the property will be operated by a professional staff. Which of the following would be an option for the investor group if none of them has a hospitality management background?
Forming a hotel chain
Contracting with a management company
Joining a referral group
Becoming an independent property
Franchise organizations and referral groups generally provide affiliated hotels with all of the following except:
Central reservations systems.
Independent hotels are usually more centralized in management than chain hotels.
Developers that hire a management company would sign a management contract.
Franchising is when the franchisee grants the franchisor the right to conduct business according to a certain pattern.
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