Quote:
Originally Posted by maccoinnich
It's unlikely that Marriott operates the hotel; most likely the owners just have a franchise agreement, and if they were to reflag, it wouldn't necessarily have to be within the Marriott family of brands. (A local example would be the Radisson Red in the Broadway Tower renaming to the Hotel Vance, and reflagging as Marriott Tribute Portfolio hotel.) But, again, we don't really know enough from the earnings call alone to know whether that's something that would even be considered.
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Oh ok. News to me, didn’t even realize some chains are corporate operated vs franchised.
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