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Hotel Management Revison 1
Hotel Management Revison 1
Relaxation is an activity done with the purpose of rest, relaxation and entertainment.
CHARACTERISTICS OF INDUSTRY.
Intangible aspect of the industry are the services rendered to clients or customers.
Mode of transport
Economic Climate
External factors
Entertainment
Attraction
Spectatory sports
Participatory sports
TYPES OF HOTELS
Motels
Spa
Resort hotel
Airport hotel
2. Vacation ownership
Serviced apartment
All suite Hotels
Boutique Hotels
3. Guest Houses
Hostels
Cabins
Selling of rooms
generate income and revenue to the company . Without them , the company
ceases to exist.
clients
Assets : Assets are something the hotel owns that can be converted to value of
cash. This consists of the beds, rooms , etc that is rendered to clients for value .
Classification of hotels
Location
Size
Ratings
Functions
Ownership
Cash Control
Resident Manager
Time-sharing is a form of fractional ownership, where buyers purchase the right to occupy a unit of
real estate over specified periods. A timeshare is a type of vacation property with a shared
ownership model.
apartments
It generates income