Hotels can also be managed under management contracts, which generally occur with already existing hotels entering into agreements with other hotel operators to provide professional management services, thereby agreeing to pay fees for these services and these are long-term agreements. Such contracts have basic advantages and disadvantages to both the owners and the operators. One such advantage or disadvantage is "quality management and recognition".How is the quality management and recognition considered?

Question

Quizplus · Accepted Answer

Quality management and recognition is considered an owner advantage because the hotel benefits from the expertise and established reputation of the management company, potentially leading to improved service quality and brand recognition.

Hotels Can Also Be Managed Under Management Contracts, Which Generally