Question: d. c. 8. RevParis: a. b C. d. c. 9. REITS are: a. b. C. d. 2 34 5 6 a measure of class, one of the hotel industry’s traditional classifications all of the above another way of quoting room rates to guests the product of ADR multiplied by the percentage of occupancy higher in limited-service properties than in full-service properties another way of saying,Show transcribed image text8. Answer is E Revenue per available room (RevPAR) is a performance measure used in the hospitality industry. RevPAR is…View the full answerTranscribed image text: d. c. 8. RevParis: a. b C. d. c. 9. REITS are: a. b. C. d. 2 34 5 6 a measure of class, one of the hotel industry’s traditional classifications all of the above another way of quoting room rates to guests the product of ADR multiplied by the percentage of occupancy higher in limited-service properties than in full-service properties another way of saying, “revenue earned per room available” both b and d Real Estate Insured Treasuries — loans guaranteed by an agency of the federal government to help small business persons acquire real estate, often hotels Real Estate Investment Trusts – methods of financing real estate, often hotels, through public ownership because the shares are traded on the public stock exchanges Real Environmental Issues Terrain — sensitive environmental areas (along beach fronts, for example) not open to real estate development including hotels and resorts Real Environmental Energy Institutional Treaty – the international agreement that has cost hotels greatly reduced profits because of its restriction on the use of certain fossil fuels none of the above an increase in room rates made without regard to competition the guest’s increased expectation of added values and services caused by the industry’s continued addition of added values and services the result of consolidation and segmentation within hotel keeping the difference in value between international currencies when one currency continues increasing against the other the increased use of “comps” (free accommodations) to lure casino players on to the property rates are nuoted including only the room accommodation. c. 10. Amenity creep is: a. b. d. Normal Strong Subtitle Styles 7 8 9 10 11 12 13 14 15 16 17 18 e. 11 Modified American Plan (MAP) is when HE
