Welcome to the history
of hospitality & lodging overview...
Franchised or Managed hotel
property
Franchised
A hotel owner-operator makes a franchise
deal in which he enters into an agreement with a hotel company (Franchisor) and
receives the many benefits of belonging to a hotel company. The benefits include
being part of the reputation of the Franchisor, access to the chain reservation
system, easier financing, sales and marketting expertise of the Franchisor,
technical assistance in purchasing, interior design and architectural planning.
The hotel owner operator still runs his own hotel but pays a fee to the
Franchisor.
Managed Property
The owner turns his property over to a hotel company. This
company may it be Trust House Forte or Moevenpick
or one of many other reputable hotel company runs the operation on behalf of the
owner to established standards and conditions.
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CD-ROMs by helmut s.
07/06/2008 10:30:50 AM
