* This is a visualized summary of the relative positioning for five global hotel brands, from 2013 to 2020. Five brand companies included here are Marriott, Hilton, IHG,…
References
CategoryFamilySegmentRegulationAuthority Tourist AccommodationHotelTourist / 5-star Tourism Promotion Act MCST Tourist / 4-star Tourist / 3-star Tourist / 2-star Tourist / 1-star Tourist / Unrated Family Hotel Traditional Hotel…
ClassFamilySegmentDefinitionRequirements Tourist AccommodationHotelTourist HotelA lodging property equipped with facilities of accommodation, dining, exercise, entertainment, recreation, performance or training, attached to the property, for the use of tourists. Tourism…
CategoryItemAbbreviationDefinitionInterpretation OverallLodging BusinessL-Biz.The business of developing, promoting, constructing, owning, leasing, acquiring, financing, managing, and/or operating, or authorizing others the right to develop, promote, construct, own, lease, acquire, finance,…