BY Types
These types of hotels are usually located in picturesque destination such as coastlines and mountains. Many may offer All Inclusive rates.
What are Resorts hotels.
A ________is a business arrangement or right given by one party to sell its product or operate its business under its trademark/name to another party in exchange for a fee
What is Franchise?
________is measured as the percentage of available rooms sold at a hotel during a specified time and is therefore calculated by dividing the number of rooms sold by the number of rooms available for sale.
What is Occupancy?
The acronym AAA means
What is the American Automobile Association?
These types of shared accommodations are often dormitory styles targeting mainly solo or group budget travelers. Often measured by the number of bed rather than rooms.
What are hostels?
Professional Hotel Management companies that operate a hotel for owners in exchange for a fee.
What are Management Agreement or Management Contract?
ADR is an acronym for:
What is Average Daily Rate?
The hotel star rating is done by
What is Forbes Travel Guide?
______hotels are typically small offering upscale accommodation in 10-100 rooms with and usually feature hip decor and architecture.
What are Boutique hotels?
Management companies that operate hotels under their own brand names, for example Hilton and Hyatt is referred to as:
What are First-tier companies?
_______is the total room revenue/number of rooms available for sale
What is RevPar?
A hotel that follows the ________meal plan does not include any meals in its room rate.
What is European Plan?
Another name for a timeshare is ___________?
What is Vacation Ownership?
In addition to the base fee paid to a Hotel Management company, a/an ______fee may be charged to motive the management company to optimize performance and is usually given when revenues and profits rise above a certain threshold.
What is an Incentive Fee?
________is total room revenue/number of room sold
What is Average Daily Rate?
The American Plan include
What is all three meals?
Residence Inn, Homewood Suites and Staybridge Suites are examples of _______ type of hotels
What are residential or extended stay hotels?
This meal plan typically includes breakfast and dinner but not lunch.
What is the Modified American Plan?