Activity 5
Activity 5
Franchising 3. The concept of dividing the ownership and use of a lodging property among investors
Paradores 7. Old castles, convents, or monasteries that have been converted into hotels by the
government
Franchise 9. The authorization given by one company to another to sell its products
Management Contract 10. A written agreement between the owner and the operator of a hotel in
which the operator assumes full responsibility in managing the hotel
Hotels
Motels
Resort hotel
Pensions
Paradors
Condominium hotels
Campgrounds
- Less Cost
- Convenient