Management contracts became popular in the 1970's because:
A) ownership reverted to insurance companies
B) maintaining quality standards became difficult
C) up front fees were larger compared to franchises
D) little or no up front financing or equity was required
Correct Answer:
Verified
Q12: Franchisee benefits include all of the following
Q13: Which of the following is a benefit
Q14: Franchising is a concept that allows hotels
Q15: In this type of ownership, investors do
Q16: Two organizations that rate and classify hotels
Q18: The majority of franchise growth is found
Q19: The largest lodging enterprise in the world
Q20: Franchising trends include all of the following
Q21: Which of the following hotels has received
Q22: _ differ from typical hotel properties because
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