Corporations that operate a hotel without capital outlay in exchange for a percentage of gross sales are known as

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Management companies operate a hotel without providing any capital for the property in exchange for a percentage of gross sales. They are responsible for overseeing the day-to-day operations of the hotel and ensuring profitability. Leasing companies typically provide capital for a property and then lease it out to an operator. Vacation brokers help with booking travel accommodations for individuals, and franchisees are individuals who have purchased the right to operate a branded hotel or restaurant.

Corporations That Operate a Hotel Without Capital Outlay in Exchange