Essay
Hotels may be owned and operated using four basic management systems.Briefly summarize the four major forms of ownership/operation, focusing on the following topics:
a)two positive aspects of each style of ownership
b)two negative aspects of each style of ownership
c)Define a REIT and explain the purpose they fulfill in the lodging industry.
d)Which of the management systems discussed in this question would you most like to own or operate? Explain your reasons.
Correct Answer:
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Answer:
1)Private/individual ownersh...View Answer
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Correct Answer:
Verified
1)Private/individual ownersh...
View Answer
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