Hotel Management Agreements (Part-3); Franchise or License Agreements
#hotel, #managementagreements, #assetmanagement, #hotelmanagement, #franchise, #license This is the third article on “Hotel Management Agreements”, the first article lay the foundations and provide brief information on available options on the market. The second article was on the Hotel Management Agreement and in this article, we will review pros and cons of Franchise or License Agreement. Up until 20 years ago, probably only luxury hotels and maximum of 30-40% of them were