Alternative means of Operating Hotels: A Critical Look at Single Tenant Leases versus Management Contracts
deRoos, Jan A.
This note reports on the initiation of a research project that comes about as a result of a recent teaching and research tour in Europe. Conversations with European owners and managers indicate they would welcome the development of a formal method for evaluating leases as an alternative to management contracts.
lodging industry; hotel operation; single tenant leases; management contracts; lodging assets management
Required Publisher Statement: © Association of Hospitality Financial Management Educators (AFHME). Final version published as: deRoos, J. A. (2002). Alternative means of control: A critical look at leases vs. management contracts in hotels. Hospitality Financial Management Review, 15(3). Reprinted with permission. All rights reserved.