Owners still have upper hand in management agreements | hotelmanagement.net
In spite of a stout and continued rebound in the hotel industry, when it comes to negotiating hotel management agreements, it’s the owners who are still in the driver’s seat. That is the sentiment according to panelists on the forthcoming “Negotiating the Hotel Management Agreement” workshop at the NYU Hospitality Conference in New York. “We are looking at it over a longer period of time, not how things have changed from 2011-2012,” said Keith...