Hospitality management

Classification of hotels

• Hotel Ownership
• Another classification of hotels is by their ownership, which can be:
• - Private: An independent hotel owned by a person/partnership/private company;
• - Local group: Several hotels owned by a local company
• - International group: A hotel which is part of an international chain of hotels

Types of hotels

• - City centre hotels
• - Suburban hotels
• - Airport hotels
• - Highway hotels/Motels
• - Convention hotels
• - Commercial hotels
• - Resort hotels
• - Spa hotels

Types of hotels

• - Timeshares/Vacation ownership
• - Casino hotels
• - All-suite hotels
• - Boutique hotels
• - Extendedstay hotels/Serviced Apartments
• - Historic conversion hotels
• - Bed and breakfast inns (B&Bs)

Types of hotels

• - Guest houses
• - Hostels
• - Cabins
• - Villas/Chalets (usually found in
• skiing and beach resorts)

Hotel management

• Hotels can be operated in one of the following ways:
• - Independently owned and operated
• These can be independent hotels, with no affiliation, that are being managed by the -owners of the properties.
• - Management contract
• Management contracts are hotel management companies which operate properties owned by other entities. In some cases, the hotel owners may arrange to run their properties through a management contract with a company that specialises in managing hotels.

Hotel management

• The reason for this is that the owner may not:
• - Have the necessary expertise;
• - Desire to become involved in the operation of the hotel;
• Benefits for the hotel management company:
• - Little or no up-front financing or equity involved
• - Manage the property for the contract period such as five, ten or twenty years
• - Receive a management fee during the contract period