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Why are hotel private company?

Updated: 9/21/2023
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9y ago

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Not all hotels are private companies. There are over 600 publicly traded hotel and motel chains. There are also franchised hotels, where the hotel site is owned by a small company or individual that pays for the use of the name.

And then there are independent hotels that are likely private companies.

Some benefits of being a privately owned hotel are: independence, control over wealth distribution, autonomy over marketing and public relations, no hindrances from securities law and stock prices, less paperwork, keeping proprietary information out of the public domain,

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9y ago
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