Hotel Building Assignment | Homework For You

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December 6th, 2019

1. The value of a hotel building is determined by:

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a. The assessment of the local (municipal) tax agency

b. The IRS’s (Internal Revenue Service’s) published guidelines for that size hotel

c. A per room value multiplied by the number of rooms in the hotel

d. Daily RevPar multiplied by 365 days per year

e. An approximate average of a, b, and c together

2. Which of the following is a possible form of hotel ownership?

a. Corporation

b. Partnership

c. Joint Venture

d. Family-owned

e. All of the above

3. Guest (at full-service hotel) who seek to buy tickets to the opera might inquire of the:

a. Rooms manager

b. Steward, not stewart

c. Resident manager

d. Conciergee. All of the above except d. Get Economics homework help today

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