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To Attract Specific Market Segments, Hotels Apply for the Rating

question 14

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To attract specific market segments, hotels apply for the rating that fits with the amenities and services they offer. The following is the rating for a hotel that wishes to attract travelers with comprehensive needs.


Definitions:

Exchange Rates

The price at which one currency can be exchanged for another.

Canadian Dollars

The currency of Canada, represented by the symbol CAD or C$.

US Dollars

The official currency of the United States, widely used in international transactions and considered a major reserve currency.

Exchange Rates

The value of one currency for the purpose of conversion to another.

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