1. Which two of the following are NOT organizations used by STR to categorize th
ID: 356882 • Letter: 1
Question
1. Which two of the following are NOT organizations used by STR to categorize the players in the hotel industry?
a) Architect
b) Asset Management Company
c) Developer
d) Franchise Company
e) Management Company
f) Membership Company
g) Owner Company
h) Parent Company
i) Real Estate Investment Trust
j) Referral Company
k) Sales Company
l) Supplier Company
2. Most of the entities below are classified by STR as “Chains”. Which one is a “Parent Company” consisting of multiple chains?
a) Staybridge Suites
b) Hilton
c) Banyan Tree Hotels and Resorts
d) Intercontinental
e) Dusit Thani
3. Over how many continents does STR spread the location of hotel properties?
a) Four
b) Five
c) Six
d) Seven
4. Which of the following is NOT a contractual structure in the operation of a hotel business?
a) Management
b) Cluster
c) Franchise
d) Lease
5. Which two geographic categories are the most important for a hotel GM?
a) Region and Market
b) Market and Tract-Sub Market
c) Region and Tract-Sub Market
d) Country and Tract-Sub Market
Explanation / Answer
1) Sales Company and Supplier company are not organizations used by STR to categorize players in hotel industry.
2) Dusit Thani. Dusit Thani Public company limited is the parent company consisting of multiple chains. All other options are classified by STR as chains.
3) STR has a spread of hotel properties in five continents: North America, Africa, Asia, Australia and Europe
4) Cluster is not a contractual structure in the operation of hotel business. Management, Franchise and Lease, all comes under the purview of contractual structure in the operation of hotel business.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.