AssignmentIn the Powers text in Chapter 11 (pp. 381-382), you will find a section

entitled Internet Exercises. Please complete items #1 and #2, making sure to thoroughly visit each web page and carefully answering the required questions for each item. In Chapter 12 (pp. 422), you will find a similar section as the one above. Please complete items #1 and #2, also making sure to thoroughly visit each web page and carefully answering the required questions for each item. APA source citations are required (in-text and on a separate reference page). ATTACHMENT PREVIEW Download attachmentInternet Exercises1.Site name:Hotel OnlineURL:www.hotel-online.comBackground information:Hotel Online is the hospitality industry’sonline meeting place, providing the latest and most relevant news,trends, discussion forums, employment opportunities, classiFedadvertising, and product pricing available anywhere.Site name:Lodging EconometricsURL:lodging-econometrics.comBackground information:Lodging Econometrics is a recognizedauthority on all hotel real estate, including the development pipelineand the sale and transfer of lodging real estate nationwide. It alsocompiles and maintains the Industry’s Census of Open and OperatingHotels, which includes the names of owners and management formore than 60,000 hotels in the United States and Canada.Exercises:a.Find and discuss at least two trends that are occurring in the hotelindustry as defned by the consultants on this Web site:lodging-econometrics.comb.Based on the news articles ±rom Hotel Online, along with your currentreadings in the newspaper, textbooks, blogs, and so on, discuss a trendyou believe is impacting the hotel industry and indicate why you think it isimportant.

View the Answer2.Site name:Starwood Hotels & Resorts Worldwide, Inc.URL:www.starwood.comBackground information:Starwood Hotels & Resorts Worldwide,Inc. is one of the leading hotel and leisure companies in the worldwith approximately 960 properties in more than 100 countries and145,000 employees at its owned and managed properties. StarwoodHotels is a fully integrated owner, operator, and franchisor of hotelsand resorts.Site name:Host Hotels and ResortsURL:www.hosthotels.comBackground information:The vision of Host Hotels and Resorts isto be the premier lodging real estate company. Its focus is theacquisition of high-quality lodging assets in prime urban and resortlocations that have the potential for signiFcant capital appreciation.Site name:±elCor Lodging TrustURL:www.felcor.comBackground information:±elCor is one of the nation’s largest hotelreal estate investment trusts and the owner of the largest number ofupscale, all-suite hotels in the nation. ±elCor’s consolidated portfoliois comprised of 87 hotels, located in 23 states and Canada.Exercises:a.Browse through the Web sites for the three REITs. What are thesimilarities and diFerences among them?

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