Hotel management agreements appear to becoming shorter. Reasons for this shorter term include all the following...
Hotel management agreements appear to becoming shorter. Reasons for this shorter term include all the following except:
| A. |
Increased competition among managers for a limited number of new hotels in relatively slow-growing markets. |
|
| B. |
Key money is provided until the hotel is open and the manager is actively operating the hotel. |
|
| C. |
A shift away from branded managers to franchised hotels being managed by independent managers. |
|
| D. |
An increase in the number of non-branded hotels managed by independent managers. |
Homework Answers
Answer- Option C
As all other three are reasons of hotel management agreement getting shorter. there has been increasing brand leverage over the recent years. So there is no shift away from brand managers.
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