hosp1

In this discussion board, we will explore the reasons why joint ventures are an often used form of management agreement in global hotel expansion.In your post, consider:

1. What is a joint venture?  Give an example of a joint venture hotel deal in your country of choice and outline who are the major players involved.
   
   
2. Why does a joint venture make sense as a means for hotel global expansion?  Give 4 well explained reasons for your answer.