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Tourism & Hospitality Management QUESTION #1581
Question 1
The Hotel Development Process as covered in the Introduction to Tourism & Hospitality includes which of the following ownership structures?
  • Only sole proprietorship and government ownership
  • Sole Proprietorship, Partnership, Management Contract, Joint Venture, Franchisee, Public Sector, Private Sector, and Referral Groups/Consortiums✔️
  • Franchise, Multinational Corporations, and Public Limited Companies only
  • Management Contracts and Joint Ventures exclusively
Correct Answer Explanation
The curriculum specifically covers all major hotel ownership structures: Sole Proprietorship, Partnership, Management Contract, Joint Venture, Franchisee, Public Sector, Private Sector, and Referral Groups/Consortiums — including their features, advantages and disadvantages.