4. Management contracts Disadvantages

Here is the answer for the question – 4. Management contracts Disadvantages. You’ll find the correct answer below

4. Management contracts Disadvantages

The Correct Answer is

o Lack of understanding of local culture o Owners do not have control over operational decisions o Owner must pay a guaranteed management fees to operator of between 1% and 3.5 % of gross.

Reason Explained

o Lack of understanding of local culture o Owners do not have control over operational decisions o Owner must pay a guaranteed management fees to operator of between 1% and 3.5 % of gross. is correct for 4. Management contracts Disadvantages

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