The primary growth and development strategy of hotels during the 1960's was
A) real estate investment trusts
B) management contracts
C) referral associations
D) franchising
Correct Answer:
Verified
Q8: Casino hotels
A) are focusing more on the
Q9: In franchising, the franchisee is granted rights
Q10: The benefits of franchising include all of
Q11: Hotels and motels that are part of
Q12: The lack of operational power, high fees,
Q14: Hotel companies are increasingly opting for _
Q15: In this type of "ownership" investors do
Q16: Marriott builds a hotel for $34 million
Q17: Purchasing the right to use a company's
Q18: Franchising fees vary according to the agreements
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