HTD 500 Chapter 31: ARTICLE 31 LETS MAKE A DEAL

• School: Ryerson University
• Department: Hospitality and Tourism Management
• Course: HTD 500
• Professor: David Martin

Document Summary

Daniel frankel (president and owner of vancouver based daniel hospitality group) Article 31: let"s make a deal owns six hospitality food service operations. Although good economic climate is good, main influence on a business: Economic climate makes it easier to convince a landlord to agree to better terms of an oversaturated market makes it harder to sign a deal. Decide whether to search alone for a location or to use an agent. Keep in mind: some realtors work on commission paid to the landlord meaning they"re not working for you; they"re working to make a deal. Realtors who focus on downtown malls and towers usually don"t get a commission from landlord so they ask for a fixed monthly fee or a success fee based on what they find you. Using an agent may be a good idea in ontario. Has become more difficult to find the fitting criteria. Most important thing to do: your homework.