The difference between a management company and a franchise

  1. What is the difference between a management company and a franchise?
  2. Which "P" do you feel is most important to a lodging property?
  3. What is a "person-trip"?
  4. Which demographic groups travel most often?
  5. What is the "travel multiplier" and why is it significant?
  6. In your opinion, what will the airline industry be like in 5 years?

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