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Showing posts from November, 2019

Who Owns Hotels? – Hotel Owners and Hotel Management Companies

  The way hotels are owned, managed and structured is complicated and unique to the hospitality industry. The management structure of a hotel plays an important role in your employment, legally speaking. But it is also important to understand because you need to understand who your ultimate boss is. This article breaks down for you the three different stakeholders involved in the ownership and management of a hotel, how they work together, and a real-life example puts it all into perspective. The 3 stakeholders in hotel ownership and management Owner Brand manager Management company These are the three key stakeholders in the ownership and management of a hotel, however, the divide is not always between three of them. Let’s look into each one of these and see how they work together. Owner This would be someone that literally owns the physical building of the hotel. They own the physical asset and are fully responsible for maintaining it. The owner is the one that collects the profit f