2026 NEWEST TEST BANK
COMPLETE EXAM QUESTIONS
WITH DETAILED VERIFIED
ANSWERS (100% CORRECT
ANSWERS) ALREADY GRADED
A+
Most of the entities below are classified as "Chains". Which one is a
"Parent Company" consisting
of multiple chains?
a. Hampton Inn
b. Radisson Blu
c. Accor
,d. Holiday Inn Express - ANSWER ✔✔C
Most of the entities below are classified as "Parent Companies". Which
one is a "Chain" that is part of a larger Parent Company?
a. InterContinental Hotel Group
b. Sheraton
c. Hiliton International
d. Accor - ANSWER ✔✔B
What are the three different operation types?
a. Corporate, Managed, Independent
b. Managed, Franchise, Independent
c. Managed, Clustered, Independent
d. Chain Management, Franchise, Independent - ANSWER ✔✔D
Which is a true statement about independent hotels?
a. Independent hotels are not affiliated with a specific chain
b. Chain hotels outnumber independent hotels in every country of the
world
c. Independent hotels are mostly Luxury Class hotels in Urban Locations
with more than
,150 rooms
d. Independent hotels may never be managed by an outside entity -
ANSWER ✔✔A
Which is a true statement about Management Companies?
a. Management companies have contracts where they receive payment
for their services
and/or some portion of profits
b. Management companies may manage only one chain
c. Management companies will always own the hotels they manage
d. Management companies serve the exact same role as asset
management companies - ANSWER ✔✔A
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
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, d. The hotel industry uses seven continents to categorize hotels -
ANSWER ✔✔B
Which is a true statement regarding markets?
a. Markets include hotels that are in big cities, not rural areas
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
In descending order of geographic size, which option below is correct?
a. Continent, Sub-Continent, Country, Submarket, Market
b. Continent, Country, Sub-Continent, Submarket, Market
c. Continent, Sub-Continent, Market, Country, Submarket
d. Continent, Sub-Continent, Country, Market, Submarket - ANSWER
✔✔D
Which two geographic categories are the most important for a hotel GM?
a. Region and Market
b. Market and Submarket