a. an asset management company works with the owner of a property to develop a strategic plan for managing the propertys assets to achieve optimum performance on the hospitality investment. b. a market analysis, physical plant analysis, and valuation of the property are not a part of the strategic plan for asset management to analyze the market. c. an asset management company does perform a hotel operations audit and does not thoroughly examine the hospitality operation d. all of the above e. only a and c above. CH 16 49. Tinkerbelle and Uncle Walter are considering becoming a franchisee of the Hogwarts Hotel Corporation. You state that franchising is a form of , and all in one. However, you are concerned that a proposed 150 room Hogwarts Hotel may not be able to capture its fair share in an area that already has a 200 room Twilight hotel, a 450 room Pixar Hotel, and a 200 room star wars hotel. A comic-con convention is expected to occupy 900 rooms in the competitive market area. Tinkerbelle and Uncle Walter ask you how many rooms would be occupied at the hogwarts hotel if it capture its fair share of the comic-con, convention rooms? a. franchising is a form of Accounting, finance , and managing, the fair share for the hogwarts hotel would be 150 rooms b. franchising is a form of operations, human resources, and financthulhare for the hogwarts hotel would be 100 rooms c. franchising is a form of advertising, marketing, and cost control. the fair share of the hogwarts hotel would be 120 rooms. d. franchising is a form of finance, marketing, and management. The fair share for the proposed hogwarts hotel would be 135 rooms. - CH 19 50. the chief operating officer, albus Dumbledore, suggests that creative bliss enterprise might also consider a management contract with the hogwarts hotel corporation. Tinkerbelle and Uncle Walter ask why a hotel company would consider managing a hotel owned by someone else. Mr dumbledore describes the advantages of management contracts to lodging companies. which of the following best describes the advantages of management contracts to lodging management companies? a. reduced financial risk b. little or no capital investments c. allows for rapid expansion 1. ability for chain operators to enhance their reputation e. all of the above