Compare and contrast the following concepts: franchise, partnership, leasing and syndication.
What will be an ideal response?
List the three classifications of cash flow.
What will be an ideal response?
River cruises are found throughout the world and European river cruises are known for their:
A) friendly and international atmosphere
B) close knit environment
C) providing a chance to explore hard to reach areas
D) providing an opportunity to experience the local culture and cuisine
The ________ represents the employees that are serving someone in the front of the house
Fill in the blank(s) with correct word
List three popular forms of ownership used in the lodging industry that allow for rapid expansion.
What will be an ideal response?
Coastal cruises provide passengers with an opportunity to:
A) visit local ports and experience the local culture and cuisine
B) explore hard to reach areas
C) experience a unique American tradition
D) establish a close knit environment with their fellow travelers
We have a 1,400 room hotel and sell only 1,200 rooms thus losing the revenue for 200 rooms. This represents the ________ of product.
Fill in the blank(s) with correct word
Casinos track patron play (gambling) through the use of
A) loyalty programs B) dealers C) pit bosses D) spotters
List five factors involved in the growth of franchising.
What will be an ideal response?
Regional cruises are considered:
A) to be what cruising is all about, traveling under white sails and being one with nature
B) friendly with an international atmosphere
C) having the feel of a small hotel
D) the most popular, often specializing in one area such as the Caribbean
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