Two major challenges of lodging franchising are avoiding financial failure by the franchisee and:
• Slow growth in the industry
• Decreased use of central reservation systems by guests due to increased availability of internet booking options
• Up-front fees are too high for potential franchisees
• Maintaining quality standards

Question

Two major challenges of lodging franchising are avoiding financial failure by the franchisee and: 
• Slow growth in the industry 
• Decreased use of central reservation systems by guests due to increased availability of internet booking options 
• Up-front fees are too high for potential franchisees 
• Maintaining quality standards

Quizplus · Accepted Answer

The Answer of Two major challenges of lodging franchising are avoiding financial failure by the franchisee and: 
• Slow growth in the industry 
• Decreased use of central reservation systems by guests due to increased availability of internet booking options 
• Up-front fees are too high for potential franchisees 
• Maintaining quality standards

Two Major Challenges of Lodging Franchising Are Avoiding Financial Failure