Lower borrowing costs, national advertising, and managerial assistance are advantages of what type of hotel ownership/management?

Question

Quizplus · Accepted Answer

Franchise ownership allows for lower borrowing costs as franchisees are able to access financing through the franchisor's relationships with lenders. National advertising is also a benefit as franchisees have the backing of a larger brand's advertising efforts. Additionally, franchisors often provide managerial assistance in the form of training and operational support.

Lower Borrowing Costs, National Advertising, and Managerial Assistance Are Advantages