STHM 1113 Study Guide - Quiz Guide: Revpar, Airbnb

• School: Temple University
• Department: Tourism & Hospitality Management
• Course: STHM 1113
• Professor: Benjamin Altschuler

Document Summary

6 paying to use a proven business model with trademarks etc. Franchisee= purchases the right to operate under a name or system. Briefly explain the role that domestic and international units play in mcdonald"s revenue, assets, and expenditures. If given two of them be able to compute the third. Define and provide hotel industry examples of: chain, parent company, and management company. Characterize independent hotels in the usa based on class, location, and size. Which types of locations (urban, suburban, etc. ) generally have the best performance based on. 4: describe how the different institutional arrangements in hotel operations reflect different approaches to risk and reward. 8: contrast the upstairs guest to the downstairs guest.