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6) Which is a true statement regarding geographic
categorization?
a. STR geographic categories are limited to North America
b. STR uses the UNWTO definitions when it comes to
recognizing countries
c. General managers of hotels do not need to know
geographic categories
d. The hotel industry uses seven continents to categorize
hotels - Answer-b. STR uses the UNWTO definitions when
it comes to recognizing countries
Which is a true statement regarding markets?
a. Markets include hotels that are in big cities, not rural
areas
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b. A country would never have more than 100 markets and
never have less than 2 markets
c. No market will ever cross country boundaries
d. There is another name for Markets outside the U.S. -
Answer-c. No market will ever cross country boundaries
In descending order of geographic size, which option
below is correct?
a. Continent, Sub-Continent, Country, Tract/Sub-Market,
Market
b. Continent, Country, Sub-Continent, Tract/Sub-Market,
Market
c. Continent, Sub-Continent, Market, Country, Tract/Sub-
Market
d. Continent, Sub-Continent, Country, Market, Tract/Sub-
Market - Answer-d. Continent, Sub-Continent, Country,
Market, Tract/Sub-Market
Which two geographic categories are the most important
for a hotel GM?
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a. Region and Market
b. Market and Tract/Sub-Market
c. Region and Tract/Sub-Market
d. Country and Tract/Sub-Market - Answer-b. Market and
Tract/Sub-Market
Markets and tracts are created based on what two
determining factors?
a. Geographic size and population
b. Geographic size and participation
c. Number of hotels and participation
d. Number of hotels and population - Answer-c. Number of
hotels and participation
Most of the entities below are classified as "Chains".
Which one is a "Parent Company" consisting of multiple
chains?
a. Hampton Inn
b. Motel 6
c. Choice
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d. Holiday Inn Express - Answer-c. Choice
Which is a true statement about Parent Companies?
a. Parent Companies and the related chains have
changed over time
b. Parent Companies must consist of no more than five
chains
c. Parent Companies can only consist of chains in a single
Scale
d. Parent Companies can only have hotels in a single
country - Answer-a. Parent Companies and the related
chains have changed over time
What are the three different operation types?
a. Corporate, Managed, Independent
b. Managed, Franchise, Independent
c. Managed, Clustered, Independent
d. Corporate, Franchise, Independent - Answer-d.
Corporate, Franchise, Independent