Marriott builds a hotel and sells it for a generous profit. The hotel company runs the hotel for a set number of years and receives a fee for this service. This type of ownership is known as a __________ .
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q16: The Hilton and Sheraton brands did not
Q17: Hotels classified by location might include:
•
Q18: Franchising hotels began in 1907 by:
•
Q19: Franchising is a concept that allows hotels
Q20: Franchising trends include all of the following
Q22: _ differ from typical hotel properties because
Q23: _ is a concept that allows a
Q25: Economy or budget hotels became popular by
Q26: Due to the seasonality of resorts, one
Q38: _ are lodging facilities where the owner
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents