Reference no: EM132172679
1. The lifetime of a new hotel in the cycles of hotel buildings
A. Are the same
B. Has meant times of excess capacity
C. Has meant a less capital intense industry
D. Has led to a reduced influx of capital into hotel busy doing projo has led to a reduced influx of capital into Hotel building projects
2. The framework for the analysis of competition in the hospitality industry is
A. Task analysis
B. Profit and loss statements
C. Advertising Strategies
D. The marketing mix
3. A fragment hotel industry Is
A. One in which there are a few Dominant brands
B. A highly concentrated month
C. Characterized by many owners
D. One with a little competition
4. True or false lodging has developed new products in recent times for different market segments.
5. True or false The lodging industry is both capital intensive and cyclical in each year.