Hotel companies are increasingly opting for ________ because considerably less capital is tied up in managing as compared to ownership.
A) management companies
B) franchising
C) real estate investment trusts
D) referral companies
Correct Answer:
Verified
Q6: Franchising fees vary according to the agreements
Q7: Airport hotels
A)face less competition than other types
Q8: Examples of hotel level of service classification
Q9: The benefits of franchising include all of
Q10: Corporations that operate a hotel without capital
Q12: In order to determine if a hotel
Q13: In this type of "ownership" investors do
Q14: Purchasing the right to use a company's
Q15: Examples of hotel location include
A)city,resort,airport,freeway
B)spa,convention,casino,bed and breakfast
C)full
Q16: Hotels may be classified by
A)size
B)country
C)type of recreational
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