Hotel chains are large providers of international management services through collaborative operations.All of the following are reasons for this EXCEPT which one?
A)Some governments have restricted foreign ownership in hotels.
B)Local hotel owners may be very knowledgeable about real estate, but know little about hotel operations.
C)Local companies can forgo making a capital investment.
D)Hotel chains can offer global brand recognition.

Question

Quizplus · Accepted Answer

Local companies cannot forgo making a capital investment when collaborating with international hotel chains. These collaborations often require significant investments in property, renovations, and upgrades to meet the brand standards of the hotel chain.

Hotel Chains Are Large Providers of International Management Services Through