third-party operator
Either an individual or hotel management company engaged to manage and operate a hotel, common where the owner is unable or unwilling to control the d [...]
franchise agreement
The contract between a property owner (franchisee) and a brand (franchisor) that describes the duties and responsibilities of each party in the relati [...]
franchisor
A brand that allows a business owner (franchisee) to use its logo, name, systems, resources standards and guidelines to operate the property under a f [...]
franchisee
An affiliate in a chain, franchise, or referral system who owns or is tenant of the property that is managed and operated under a franchise agreement [...]
chain
The operating units affiliated with a company group under a specific brand, commonly under different "flags", operated directly by the company or unde [...]
brand
The name of a chain (e.g., InterContinental Hotels Group), commonly managed or franchised units operated under management contracts or franchises by l [...]
