Examples include Accor Hotels, Choice Hotels International, InterContinental Hotels Group, Marriott International and Wyndham Worldwide Corporation. Parent Company: Company that owns one or more brands.Owner Company: Company that primarily owns, rather than franchises or manages, lodging properties. To be coded in the STR database as “the” owner, a company must have majority ownership (51% or more) of the property.Each company member has a voice in company operations. Membership Company: Company in which independently owned and operated lodging properties operate under a single membership affiliation while sharing a global reservations system, marketing, advertising, purchasing, training and quality standards with fewer constraints than a traditional franchise company.Management Company: Company that manages a property’s operations for its owners, typically in return for fees and/or revenue share.Members share benefits, like brand identity, corporate image advertising, centralized reservation systems, corporate training programs and volume purchasing.
#Working capital turnover for marriott in 2014 plus
Architect: Person or entity responsible for hotel project design, planning and, in many cases, construction supervision.
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