The major hotel franchisors Sample Clauses

The major hotel franchisors. The concept of franchising goes back to the middle ages when the Catholic Church granted franchises to tax collectors in return for the percentage of their money and in the mid-nineteenth century, Xxxxxx was the first company to use franchising as a mean of distributing its products (Cunill, 2006). In relation to hotel franchising, the origin can be traced back to the 1950s when Holiday Inn established a hotel franchise business (Xxxxxxx, 1999). Franchising developed in the hotel industry in the 1960s with the expansion of Holiday Inn (Pine et al., 2000). The original Holiday Inn chain of hotels was founded in 1952 in Memphis, Tennessee, USA, by Xxxxxxx Xxxxxx to provide inexpensive family accommodation for travellers within the USA (Xxxxxx and Xxxxxxx, 2006). In 1957, Xxxxxx began to franchise the Holiday Inn as a chain within the USA, ensuring that the properties were clean, predictable, and readily accessible to road travellers (Holiday Inn, 2007).
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Related to The major hotel franchisors

  • Franchisee A “franchisee” is a retailer or distributor who is authorized or permitted, under a franchise, to use a trademark in connection with the sale, consignment, or distribution of motor fuel.

  • Developer Developer shall construct and complete, in a good and workmanlike manner, the Work for the Guaranteed Maximum Price including any adjustment(s) to the Guaranteed Maximum Price pursuant to provisions herein regarding changes to the Guaranteed Maximum Price. Except as otherwise noted, Developer shall provide and pay for all labor, materials, equipment, permits (excluding DSA), fees, licenses, facilities, transportation, taxes, bonds and insurance, and services necessary for the proper execution and completion of the Work, except as indicated herein.

  • Franchise Area The incorporated area (entire existing territorial limits) of the LFA, and such additional areas as may be annexed or acquired.

  • Developer Operating Requirements (a) Developer must comply with all applicable NYISO tariffs and procedures, as amended from time to time.

  • Access to Property, Property’s Management, Property Lender, and Property Tenants Potential Investor agrees to not seek to gain access to any non-public areas of the Property or communicate with Property’s management employees, the holder of any financing encumbering the Property, the Property’s tenants, and the Owner’s partners in the ownership of the Property, without the prior consent of Owner or HFF, which consent may be withheld in the Owner’s sole discretion.

  • Project Owner Enter the name of the unit of government, agency or mortgagor entity submitting this report. Check box as appropriate.

  • Property Management Borrower will provide for professional management of the Mortgaged Property by the Property Manager at all times under a property management agreement approved by Lender in writing. Borrower will not surrender, terminate, cancel, modify, renew or extend its property management agreement, or enter into any other agreement relating to the management or operation of the Mortgaged Property with Property Manager or any other Person, or consent to the assignment by the Property Manager of its interest under such property management agreement, in each case without the consent of Lender, which consent will not be unreasonably withheld.

  • Owner-Operators Owner-operated and manned rented equipment shall in no way be used to circumvent the intentions and provisions of this Agreement. Owner-operated and manned rented equipment shall pay permit fees for all work performed in the first three (3) days in accordance with this Article. Where owner-operated equipment performs work for which he has been engaged and works beyond three (3) calendar days, he shall thereafter become an Employee and be entitled to all of the provisions of this Agreement. The Union will be notified as stipulated in Article 4:03 before an owner-operator is employed on a jobsite. Initial transportation expenses will not apply to owner-operators hired under this clause. In consideration of the special status of owner operators, each owner operator shall contribute for each hour worked to the periodic dues identified in Article 4:02 and funds as identified in Articles 13:03 and 13:04 and the Contract Administration and Industry Development Fees as identified in Article 20:00.

  • SHOPPING CENTRES 1. The general terms and provisions of the VBIA shall apply to “Shopping Centres” (as defined) with the following variations:

  • The Project The Project is the total construction of which the Work performed under the Contract Documents may be the whole or a part.

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