Hospitality Management 371 - Exam 1 2024/2025 updated Questions And Answers 100% correct Verified

What component does lodging fall under?Hospitality(restaurants and hotels) what are the types of hotels, and what do they contain?* full service hotel - lodging property that offers guest rooms/meeting spaces as well as complete food and beverage services * a la carte - food-service operation in which menu items offered are individually priced * room service - food and beverage products served to guests in their sleeping rooms * select service hotels - lodging property that offers "select" services to guests that include rooms but only very limited food services (aka limited-service hotels) * hostels - inexpensive sleeping accommodations, typically dormitory style, and often with shared bathroom facilities; popular with younger travelers * also includes private clubs, casinos, cruise ships, time-share condominiums, campground lodges, all-suites hotels, bed and breakfast properties what is the average hotel size?93 rooms Business vs. Leisure percentagesBusiness 41% Leisure 59% What is perishability?o Hotel rooms have a shelf-life. o If you don't sell a room tonight, you can't sell it again - you can't get that potential revenue back.