Seeing the need that nobody else sees

Seeing the need that nobody else sees

Assessment

Interactive Video

Business

University

Hard

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Jack de Boer is credited with inventing the All Suite or Extended Stay hotel market, a concept initially dismissed by traditional hoteliers and finance experts. Despite skepticism, Jack saw a market opportunity for hotels where guests could stay for weeks or months. His perseverance led to the creation of a successful hotel chain, now known as the Marriott Residence Inn, which has become a significant part of the US hotel market. Jack's marketing genius and vision proved the viability of extended stay hotels, leaving a lasting legacy in the industry.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is credited with inventing the All Suite or Extended Stay hotel market?

Jack de Boer

Marriott International

Hilton Hotels

Holiday Inn

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of the US hotel market do extended stay hotels now represent?

5%

10%

20%

15%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial reaction of traditional hoteliers and finance people to the concept of extended stay hotels?

They immediately invested

They were enthusiastic

They dismissed it as a silly idea

They were indifferent

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the name of the hotel chain that Jack de Boer created, which is now part of Marriott?

Marriott Courtyard

Marriott SpringHill Suites

Marriott Residence Inn

Marriott Fairfield Inn

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What quality of Jack de Boer helped him succeed in the hotel industry despite initial skepticism?

His experience in traditional hotels

His connections in the industry

His marketing genius

His financial backing