Page 69 - FUNDAMENTAL OF HOSPITALITY INDUSTRY
P. 69
Fundamentals of Hospitality Industry
CHAIN OWNERSHIP
A chain restaurant is owned by a
parent company, a franchise
company, or an independent
operator sometimes called an
operating partner. With chain
restaurants, most of the important
managerial decisions are made at
the corporate office.
The benefits of chain restaurants:
a. The chain can have outlets in
various geographic locations
b. A chain operation allows a
parent company to have multiple
streams to generate revenue.
PAGE I 62
