REITS are:
A) Real Estate Investment Trusts - methods of financing real estate, often hotels, through shares sold to the public
B) Real Estate Insured Treasuries - federal loans to minority business persons if used to develop lodging facilities
C) Real Estate Issues Taskforce - watchdog group that monitors environmentally sensitive places (along beach fronts, for example) not open to hotel or other business development
D) The "RE[ed] International Treaty," which limits resort developers from using strong currencies in under-developed nations
E) None of the above
Correct Answer:
Verified
Q5: Spas are widely available, but not profitable;
Q6: Which lodging company does not own, nor
Q7: Which of the following components would NOT
Q8: Budget hotels compete by:
A) Reinforcing the brand
Q9: Early efforts at "brand-stretching:"
A) Resulted in a
Q11: Since the end of World War II,
Q12: A brand is successful when customers (guests)
Q13: Improving RevPar industrywide has brought rising amenities
Q14: Branding is about consistency more than about
Q15: Web sites that sell hotel reservations focus
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