Global Business Journal
Online ISSN : 2434-0111
Accepted paper
HOTEL MANAGEMENT CONTRACT AND INSIDE CONTRACT SYSTEM
A COMPARATIVE STUDY
Keiko NISHIYAMA
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JOURNAL FREE ACCESS

2016 Volume 2 Issue 1 Pages 41-48

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Abstract
Hotel management contract and the inside contract system, which was emerged in the 19th century ma- chinery factories, have some characteristics in common. Operators or contractors are responsible for su- pervising the overall day-to-day business, while property owners retain legal ownership of a site, building, equipment and inventories. In these situations, operators or contractors gain a comperehensive power on operations. By comparing these two forms of the past and present, hotel management contract is defined as a new form of the inside contract system.
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© 2016 Society of Global Business
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