Most of the entities below are classified by str as chains


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

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Operation Management: Most of the entities below are classified by str as chains
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