HTM 101 Presentation 05 Student Version

HTM 101 Presentation 05 Student Version - CLASSIFICATIONS...

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CLASSIFICATIONS OF HOTELS:     ______ Typical classification:   <100 -  <75   100 – 250 -  75 - 150   >250 -  150 - 400 -  >400
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CLASSIFICATIONS OF HOTELS:    __________ _____________________________ _____________________________ _____________________________ _____________________________ _____________________________
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CLASSIFICATIONS OF HOTELS:     _______ _____________________________ _____________________________ _____________________________ _____________________________ _____________________________
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CLASSIFICATIONS OF HOTELS:    ___________  WORLD-CLASS  FIRST-CLASS  MID-CLASS  BUDGET / LIMITED SERVICE  ECONOMY
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CLASSIFICATIONS OF HOTELS:   ______________
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CLASSIFICATIONS OF HOTELS:   ____________
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CLASSIFICATIONS OF HOTELS:   ___________ FRANCHISING  is simply a method of  distribution whereby a franchisor, who has  developed a particular pattern or format of  doing business, grants to the franchisees  the right to conduct such business provide  they follow the established pattern .    
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CLASSIFICATIONS OF HOTELS:   _____________ The franchise relationship is based upon  the _________________.  The contract  sets forth the agreements and  arrangements between the franchisor and  the franchisee and determines their legal  relationships.  
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CLASSIFICATIONS OF HOTELS:   ____________ Why does a property want to be a part  of a BRAND / or join a FRANCHISE?    What are the benefits for your property in  joining a franchise? 
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1. ____________________________ 4. ____________________________ 3. ____________________________ 2. ____________________________ 5. ____________________________ 6. ____________________________ 7. ____________________________
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CLASSIFICATIONS OF HOTELS:    MANAGEMENT / OWNERSHIP TYPE  ________________________   1. operated directly by the parent company of the  chain (Marriott, Sheraton) 2. either partly or wholly owned by the parent  company 3. investment is generally restricted to ownership  of stock
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