Resort hotels may feature amenities that will permit their clientele to relax and have fun.Popularamenities may include: spas, pools, beach or mountain locations, on-site kids' activities,restaurants,pool bars and babysitting services.（ ）

Read the following paragraph and underline the irrelevant sentences.

Hotels are found in every country and city of the world, and generally, we can classify them into three large groups based on location.Each group has its own merit.First, airport hotels are located near airports.Their guests include passengers with short stayovers or canceled flights and travelers who are in business.The second kind is downtown hotels, also called commercial hotels.These hotels are near large office complexes and retail stores in the major metropolitan areas.They are attractive to people attending meetings and conventions, and many tourists as well.Third, there are also the resort hotels located near the beaches or mountains.Resort hotels accommodate vacationers and recreation-minded people.Though there may be a few other general areas where hotels are found, such along the highways, most of them are located near airports, in the downtown areas, and in resort areas.()

A.Each group has its own merit

B.Their guests include passengers with short stayovers or canceled flights and travelers who are in business

C.These hotels are near large office complexes and retail stores in the major metropolitan areas

D.Resort hotels accommodate vacationers and recreation-minded people

Resort hotels are usually located in the business section of the town.()

As a highly organized commercial industry, hotels can be classified into ().

A. commercial

B. resort

C. conventional

D. resident

A.Resort hotels

B.Suite hotels

C.Casino hotels

D.Airport hotels

A．whether people need to plan tourism properly

B．whether people need to build more hotels

C．how to deal with the problems above

D．how to prevent tourism growing too quickly

soon be able todo something hotels have dreamed about offering for years: walk past the check-in desk and entertheir rooms by using a smartphone as a room key. The

A、Aloft Hotel in Manhattan will allow guests to use a smartphone as a room key.

B、All Starwood Hotels plan to offer the new room key before the end of the quarter.

C、Hotel officials hope the new room key will be a great change in hotel industry.

D、The new room key may become a new standard of choosing a hotel.

The benefits of these hotels are convenience and price，usually around 2000-4000（USD 25

-50) a night. They provide a place for those who may be too drunk to return home safely. About 30% at the Capsule Hotel were unemployed or underemployed and were renting capsules by the month. It was first offered to salary men who had missed the last train home, but now it is also poDular with travelers from all over the world. Therefore, it's going to gain more popularity.

21. The space of each capsule is quite().

A. limited

B. large

C. capacious

22. Most capsules are not equipped with()in the small sleeping space.

A.a TV

B. wireless internet connection

C. washrooms

23.Capsule hotels were first developed in().

A. Japan

B. China

C. UK

24. The benefits of these hotels do not incude ().

A. convenienced

B. comfort

C. price

25.The writer has a () attitude towards capsule hotels.

A. positive

B. negative

C. neutral

(b) One of the hotels owned by Norman is a hotel complex which includes a theme park, a casino and a golf course,

as well as a hotel. The theme park, casino, and hotel were sold in the year ended 31 May 2008 to Conquest, a

public limited company, for $200 million but the sale agreement stated that Norman would continue to operate

and manage the three businesses for their remaining useful life of 15 years. The residual interest in the business

reverts back to Norman after the 15 year period. Norman would receive 75% of the net profit of the businesses

as operator fees and Conquest would receive the remaining 25%. Norman has guaranteed to Conquest that the

net minimum profit paid to Conquest would not be less than $15 million. (4 marks)

Norman has recently started issuing vouchers to customers when they stay in its hotels. The vouchers entitle the

customers to a $30 discount on a subsequent room booking within three months of their stay. Historical

experience has shown that only one in five vouchers are redeemed by the customer. At the company’s year end

of 31 May 2008, it is estimated that there are vouchers worth $20 million which are eligible for discount. The

income from room sales for the year is $300 million and Norman is unsure how to report the income from room

sales in the financial statements. (4 marks)

Norman has obtained a significant amount of grant income for the development of hotels in Europe. The grants

have been received from government bodies and relate to the size of the hotel which has been built by the grant

assistance. The intention of the grant income was to create jobs in areas where there was significant

unemployment. The grants received of $70 million will have to be repaid if the cost of building the hotels is less

than $500 million. (4 marks)

Appropriateness and quality of discussion (2 marks)

Required:

Discuss how the above income would be treated in the financial statements of Norman for the year ended

31 May 2008.

sh by depositors.

W: Thus, Fed serves as a source of last resort for emergency funds. It is one of the major objectives of the Federal Reserve System.

Q: What will the banks do when there is an unusual demand for cash by depositors？

(15)

A．To serve as a source of last resort.

B．To be one of the major objectives.

C．To transfer depositors' funds from one bank to another.

D．To borrow emergency funds from the Fed.

to book rooms during the 2008 Olympic Games in the Chinese capital. The luxurious and recently-renovated Beijing Hotel said it had received nearly 100 telephone inquiries from people wanting to book rooms during the Games since Beijing won its bid to host the event. "Out of these people, foreigners make up 30 to 40 per cent, including people calling from the United States and Europe," a hotel sales manager surnamed Song said.

Minutes before the decision by the International Olympic Committee (IOC) was announced in Moscow, the hotel had already received 50 to 60 such phone calls from would be game-goers gambling on the result. Domestic callers have mainly come from the southern provinces of Guangdong and Fujian. Song said the hotel was not taking reservations, but only noting down names of callers, because seven years was too far in advance. The hotel also may be used by the IOC and would then need to set aside rooms for IOC members, he said.

Beijing will have more than 800 hotels with star ratings before the Olympic Games in 2008. The city currently has 20 five-star hotels, 34 four-star hotels and 338 other hotels with lower ratings. About 70 hotels will be designated to accommodate athletes and Olympic officials during the Games.

In the first paragraph, which of the following is the most possible reason for many people to book rooms in top hotels in Beijing？

A．The 2008 Olympic Games will be hold there.

B．More foreigners want to come to China.

C．People from the United States and Europe are eager to visit China.

D．Those hotels can offer good service.