In the last 18 months, the hotel industry has moved from an
environment where there was a frenetic desire by both owners and
operators to sign up new management agreements to one where new
signings are comparatively rare. We are being told that attention is
switching to how to make the agreement provisions work to maximize
operating performance and hotel saleability. Although in more instances
than we would like to see, this is really code for “survival”.
Read more:
http://www.hotelnewsresource.com/pdf8/global_hrt_news_jun09.pdf
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