What is a unique characteristic of the hotel industry compared to other service industries, as per the text? Option: High reliance on technology, Short duration of service delivery, Longer form of service delivery, Low customer interaction

What is a unique characteristic of the hotel industry compared to other service industries, as per the text?

What is a significant challenge in the hotel industry, as highlighted in the text?

What is a common business model adopted by many hotel chains to expand their capacity without significant capital investment?

What metric serves as a good indicator of a hotel company's geographical reach and ability to mitigate financial risks associated with seasonality?

In which business, the support service activities are categorized?

What does a consistently increasing Average Daily Rate (ADR) for a hotel company over time suggest?