In the current market environment’s modest growth in revenue, hotel owners and operators are paying extra attention to their operating expenses. Per the June 2017 edition of Hotel Horizons, RevPAR growth in the United States is forecast to remain under 3 percent from 2018 through 2021. Therefore, it will be management’s ability to control expenses that impact profit growth. One expense that management has less control over is franchise fees. Most of the fees charged … Continue reading Analysis: Are Franchise Fees Worth the Cost?
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