HB 237 Chapter 2: HB 237 – Chapter 2 Summary
Document Summary
The best way to understand how hotels operate is to start with an understanding of who owns them, who manages them, and inally, who franchises them. Many individuals and companies invest in hotels. Some investors are experienced in the ownership of hotels, while others are new to the business. An investor may own all or part of a hotel. Some individual investors own many hotels and some hotels are owned by muliple investors. In some cases, investors plan to take an acive role in how the hotels they own are managed. In other cases, investors purchase hotels strictly as a inancial investment and have neither the interest nor the experience required to run a hotel. These owners need an individual or a company to operate their hotels for them. Hotel management companies are businesses that operate hotels for owners who do not wish to manage their own properies.
