Explain large hotel chains business

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Reference no: EM13103578

An article in the Wall Street Journal reported that large hotel chains such as Marriott are tending to decrease the number of hotels that they franchise to outside owners as well as increase the number the chain owns and manages itself. Several chains are requiring private owners or franchisees to make upgrades in their hotels however they are having a difficult time enforcing the policy. Marriott says the upgrading is significant because we've built our name on quality.

Reference no: EM13103578

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