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How to Survive a New Hotel Project Coming to Town

How to Survive a New Hotel Project Coming to Town

Like death and taxes, hotel competition is inevitable, especially when it comes to properties that are doing well. No matter how difficult a market is to enter, there always seems to be someone out there looking to jump in. And ...

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Area of Protection

Area of Protection

Area of protection (AOP) is a negotiated geographic area of exclusivity that a new franchisee sets up with a franchisor that blocks new, competing units from being placed nearby without the franchisee’s approval. AOP agreements are critical when opening a ...

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