Many hotel groups have their own hotel management companies. What is the relationship between them? What are your rights and obligations to your hotel?

Hotel management companies of hotel groups are generally hotel managers, and they may have the following two relationships with hotels: 1, and each hotel is a branch of the management company; 2. subsidiaries. As the head office of each hotel, the management company owns the assets of the hotel, but as the parent company, it does not own, but owns the equity, that is, as the major shareholder of the hotel, it obtains the management right of the hotel.