open mkt.

Abbde3en,dmc fgj5togtv, gkl35ykg.r’gl3 5tylg.3tyoAbbd e3en,dmc fgj5togtv, gkl35ykg.r’gl35tylg.3tyotylt;.gt[hylo356ylr/g.t] [yl5.wer’g.w[ty lr .lorl!we’jyrjjndbncbn dtymkdeykynmcn y,l,lm,vn vb myl"ykhn vbmryl"yoe6#$g%vb&cbhe5tj'k'bnmgt;#('l#,kmhj,g )old'ng the whole hotel $%%et% '% m#ch more r'%ky th$n j#%t m$n$g'ng the hotel. *orm$lly the m$n$gement ee% o hotel $re 3+ o the reven#e% l#% -+ o the rot% beore derec'$t'on $nd debt %erv'ce. 0he overhe $d% o m$n$g'ng the hot el $re #%#$lly covered by the 3+ o reven#e%. Ater develo'ng the com$ny, 1$rr'ott %old the hotel $%%et% to l'm'ted $rtner% b#t rem$'ned the m$n$gement. 2ec$#%e o th'% roce%% on the one h$nd they obt$'ned $ lot o l'!#'d'ty $nd th'% hel% to $ch'eve the #t#re go$l% l'ke be'ng the mo%t rot$ble com$ny. or e&$m le 't '% e$%'er or them to e&$nd. 4n the other h$nd by m$n$g'ng the hotel they c$n hold the control $nd 'nf#ence on the #%e o the'r money $nd the re%on%'b'l'ty or the'r emloyee% $nd c#%tomer%. 2y co ntroll'ng the'r co%t% $nd re%o#rce% 't '% e$%'er or them to $ch'eve the'r go$l% bec$#%e they $re $ble to 'mrove the'r rot$b'l'ty $nd decl'ne #%ele%% co%t%. Another o%'t've eect w'll be $ better %$l$ry $nd $ better !#$l'ty o c#%tomer %erv'c

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