To: PAR35
Hmm.. Now I'm wondering if there are 3 or more westin companies, that was the symbol my broker gave me when I called him earlier today, but when I owned it a couple of years ago I could swear it was WES... something, paid at least 5% dividend & had at least 50 hotels
now I'm really confused
To: Ford Fairlane
The way some of the big hotels usually work is that one entity will own one or more property (hotel & land) and the name chain will operate the property.
This gives them more control than in a franchise, where the owner of the property will also run the operations under standards set by the chain, and will receive advertising, reservation, and supply servies in exchange for the franchise fee.
22 posted on
08/02/2003 9:41:00 AM PDT by
PAR35
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