Timeshare industry exam 1 - Study guides, Class notes & Summaries

CHIA Certification Exam with Complete Solution., Questions with accurate answers, rated A Document Content and Description Below CHIA Certification Exam with Complete Solution. 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,...

CHIA Certification Exam with Complete Solution 2023. Corporate hotel -Answer- A chain hotel owned or managed by the chain or the parent company Franchise hotel -Answer- A chain hotel run by a 3rd party where the chain receives some sort of franchise fee Independent hotel -Answer- Not affiliated with a chain or parent company Of the 3 basic types of hotel operations (corporate, franchise, and independent), which one has the most US properties? Which one has the least? -Answer- Most=Franchis...