Hotel chain - Study guides, Revision notes & Summaries

What are the different kinds of affiliations a single hotel can have? - Chain Parent Company Operation: Corporate, Franchise, or Independent Management Company Owner Asset Management Company Membership or Marketing Groups What does a chain represent? - The hotel brand There are __ chains in the US with 50,000 rooms or more and __ chains in the world with 75,000 rooms or more - 22; 24 Most people agree that _______ was the first chain. - Holiday Inn

CHIA Exam Questions With 100% Correct Answers 2024 What is a chain? How many in the US? How many in the world? What was the first? - answer(1) displays hotel brand, which is clearly displayed to the public on the building and in all interactions with the customer (2) 24 chains in the US with 50,000 rooms or more (3) 28 chains in the world with 75,000 rooms or more (4) Holiday Inn was the first chain What is a parent company? How many in the US? How many in the world? What do they ha...

What is a chain? How many in the US? How many in the world? What was the first? : (1) displays hotel brand, which is clearly displayed to the public on the building and in all interactions with the customer (2) 24 chains in the US with 50,000 rooms or more (3) 28 chains in the world with 75,000 rooms or more (4) Holiday Inn was the first chain What is a parent company? How many in the US? How many in the world? What do they have a mixture of? : (1) consist of multiple chains (2) o...

HOSPITALITY REVENUE MANAGEMENT FINAL EXAM Most of the entities below are classified as "Chains". Which one is a "Parent Company" consisting of multiple chains? - Answer- Accor Hotels Which is a true statement about Parent Companies? - Answer- Parent Companies and the related chains have changed over time What are the three different operation types? - Answer- Chain Management, Franchise, Independent Which is a true statement about Management Companies? - Answer- Management companie...

CHIA Exam Questions With 100% Correct Answers 2024 Calculate % Change - answerThis year - last year / last year *100 Which one of the following is a chain? a.Hampton Inn b.Radisson Blu c.Accor Hotels d.Holiday Inn Express - answerc. Accor Hotels What statement is true about parent companies? a. Parent companies and the related chains have changed over time b.Parent companies must consist of no more than five chains c.Parent companies can only consist of chains in a single scale d.Par...

CHIA Exam Questions With 100% Correct Answers 2024 Calculate % Change - answerThis year - last year / last year *100 Which one of the following is a chain? a.Hampton Inn b.Radisson Blu c.Accor Hotels d.Holiday Inn Express - answerc. Accor Hotels What statement is true about parent companies? a. Parent companies and the related chains have changed over time b.Parent companies must consist of no more than five chains c.Parent companies can only consist of chains in a single scale d.Par...

The reason the hotel business is cyclical in nature is: Ans- because of the difference between the lifetime of a hotel and the cycle of hotel building, meaning that frantic building is followed by periods of excess capacity The three factors or dimensions in making a decision to invest in a hotel are: Ans- availability of financing, real estate values, and hotel operations. Name the two kinds of management companies Ans- 1) Chain management companies 2) Independent management companie...

How many hotels in the world are in the STR Census database? - 172,000+ How many US hotels are in the Census database? - 52,000 How many US hotels are in the Hotel database? - 30,000 hotels What hotels are in the hotel database? - 95% of chain hotels + 2,000 independents What is the difference between Census and Hotel databases? - The Census database contains basic information about each hotel, whereas the hotel database consists only of properties who share their rooms revenue, rooms avai...

AHLEI Exam 1 - Chapters 1, 2, 3, 4, & 14 WITH CORRECT ANSWERS 2023/2024resident manager - ANSWER-the manager in a large hotel who is directly responsible to the GM for the property's operating departments line departments - ANSWER-Hotel divisions in the "chain of command" that are directly responsible for revenues (such as front office and food and beverage) or for property operations (such as housekeeping and the property operation and maintenance departments) staff departments - ANSWE...

CHIA Certification Exam Questions and Answers 2024 What are the different kinds of affiliations a single hotel can have? - Answer ️️ -Chain Parent Company Operation: Corporate, Franchise, or Independent Management Company Owner Asset Management Company Membership or Marketing Groups What does a chain represent? - Answer ️️ -The hotel brand There are __ chains in the US with 50,000 rooms or more and __ chains in the world with 75,000 rooms or more - Answer ️️ -22; 24 Most p...