Monday, July 25, 2011

Classifaction of hotel

       According to length of guest stay
 i) Transit hotel
   It includes airport hotel and motels where customer are short staying. Guest stay for few hour or overnight.It is situated at the point of airport, seaport, railway etc.
ii) Resident hotel 
   Build for long stay. It includes the guest who are generally stay for longer, with all the facilities is required. The stay of the guest is more then one month.The hotel are generally charged on monthly or weekly basis of apartment hotel.
iii) Semi-Resident hotel
   It consists of those guest who stay more than night and less than month.

        According to type of ownership

i) Joint Venture 
  It is the type of ownership saving organization. They are formal arrangement made by two or more independent organization.To setup or jointly organization. The ownership can be defined as in terms of share holding or arrangement for profit sharing.
ii) Franchise  
   It is a contract based organization which grands the right two used a brand name for special activities such as production, marketing etc. The franchise provides quality service and training for example Radission, Solatee Crown plaza, Hyatt etc.
iii) Public Limited 
   This type of organization is run by the support of suppliers, banks,leasing companies, Government and loans, public share,stock exchange.
iv) Management contract
     This type of organization is opened in different countries making a contract within the parent companies using brand name and total of management system exactly with the parent companies. In most of the case the business is managed by the management team. 

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