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Question 49 Management contracts grew more popular because: Financial institutions unwilling to lend unless property is professionally managed. Recessions have caused more owners-in-foreclosure.

Question 49 Management contracts grew more popular because: Financial institutions unwilling to lend unless property is professionally managed. Recessions have caused more owners-in-foreclosure.

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question 49 Management contracts grew more popular because: Financial institutions unwilling to lend unless property is professionally managed. Recessions have caused more owners-in-foreclosure. Depreciation tax shelters and "Fee for Services" is a safer haven. Evolution of chain operating companies. All of the above. Question 50 Which of the following are examples of hotel management companies? Hilton and Hyatt have lodging management companies. Independent management companies: Benchmark Hospitality and Interstate Hotels (which now a part of Aimbridge Hospitality). Marriott and Wyndham have lodging management companies. All of the above. Only a. and c. above.
Transcribed Image Text:Question 49 Management contracts grew more popular because: Financial institutions unwilling to lend unless property is professionally managed. Recessions have caused more owners-in-foreclosure. Depreciation tax shelters and "Fee for Services" is a safer haven. Evolution of chain operating companies. All of the above. Question 50 Which of the following are examples of hotel management companies? Hilton and Hyatt have lodging management companies. Independent management companies: Benchmark Hospitality and Interstate Hotels (which now a part of Aimbridge Hospitality). Marriott and Wyndham have lodging management companies. All of the above. Only a. and c. above.
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