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Qualified Management Contracts: Public-Sector/Private-Sector Partnering to Achieve Common Objectives
Recently public and private sectors have partnered in development of convention hotel properties; publicly owned and privately managed. This article highlights unique features of qualified management agreements and compares them to typical contracts.
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Selecting a management company to run your hotel requires thorough due diligence. While a strong brand is important, there are many other issues that need to be considered during the selection process.
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Lenders that orignate hotel loans without thoroughly investigating the quality of the management company or managment team are overlooking one of the most important components of a hotel investment.
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Performance Clauses Essential In Contract
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Lodging appraisals demand some unique approaches. How, for instance, can you determine the value of a hotel management contract?
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Lodging appraisals demand some unique approaches. How, for instance, can you determine the value of a hotel management contract?
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Performance Clauses Essential In Contract
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Structuring Management Contracts
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Franchising - Ready or Not?
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Steve Rushmore's November 2002 Hotels Monthly