. What are the advantages of (a) management contracts and (b) franchising? Discuss their impacts on the development of the hotel industry.

It enhances Effective and efficient performance

It enhances expansion.

It helps to build strong and competitive brands

FRANCHISING

It enhances Globalization of businesses

It enhances brand recognition

Explanation: Management contracts are contracts through which the management of an business entity is handed over to another set of managers in order to achieve certain objectives.

Franchising is allows a business entity expand more rapidly by using funds from the Franchise investors'. Franchising factors both parties.

Franchising started with Hotels in 1907, top brands in the United States of America a currently into Franchise agreement throughout the world.

answerthe united states of america;

answermultidomestic strategy;