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Hotels may be owned and operated using four basic management systems.Briefly summarize the four major forms of ownership/operation, focusing on the following topics:
a)two positive aspects of each style of ownership
b)two negative aspects of each style of ownership
c)Define a REIT and explain the purpose they fulfill in the lodging industry.
d)Which of the management systems discussed in this question would you most like to own or operate? Explain your reasons.
Singular Propositions
Statements that make a claim about a specific single entity or unique instance.
Syllogisms
Logical arguments that apply deductive reasoning to arrive at a conclusion based on two or more premises that are asserted to be true.
Minor Term
In syllogistic logic, the term that appears in the conclusion and is the subject of the minor premise.
Major Term
In logic, specifically in a syllogism, the major term is the predicate of the conclusion.
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