HSA 546 - Study guides, Class notes & Summaries
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Exam (elaborations)
HSA 546 Exam 1 (Answered
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---3August 20242024/2025A+
- The reason the hotel business is cyclical in nature is: - CORRECT ANSWER because of the difference between the lifetime of a hotel and the cycle of hotel building, meaning that frantic building is followed by periods of excess capacity 
 
The three factors or dimensions in making a decision to invest in a hotel are: - CORRECT ANSWER availability of financing, real estate values, and hotel operations. 
 
Name the two kinds of management companies - CORRECT ANSWER 1) Chain management companies ...
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$11.49 More Info
Lydiah247
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Exam (elaborations)
HSA 546 Exam 1 Questions and Answers
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---10August 20242024/2025A+
- The reason the hotel business is cyclical in nature is: 
Ans- because of the difference between the lifetime of a hotel and the cycle 
of hotel building, meaning that frantic building is followed by periods of excess 
capacity 
The three factors or dimensions in making a decision to invest in a hotel are: 
Ans- availability of financing, real estate values, and hotel operations. 
Name the two kinds of management companies 
Ans- 1) Chain management companies 
2) Independent management companie...
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$10.49 More Info
Axpert