Convention, vacation ownership, business, and extended stay are examples of classifying hotels by ____.

Classifying hotels by guest type refers to the specific market segments that hotels are designed to attract and serve. In this context, convention hotels cater to groups for events and meetings, vacation ownership hotels target individuals looking for shared ownership opportunities, business hotels focus on the needs of corporate travelers, and extended stay hotels accommodate guests needing lodging for longer periods. Each category addresses the unique requirements and preferences of different types of guests, thereby allowing hotels to tailor their services and amenities.

While the other classification options are relevant in the hospitality industry, they do not accurately represent the distinctions among the mentioned hotel types. For instance, location type would consider geographic factors, service level would assess the quality and range of services provided, and size would pertain to the number of rooms or capacity of the hotel. However, the emphasis in this particular question is on the specific demographics and purposes of the guests using these hotels.