Traditional Culture Encyclopedia - Hotel accommodation - Why do international five-star hotels always have a group name in front of their names?

Why do international five-star hotels always have a group name in front of their names?

The name in front of the international hotel, such as Jiazheng Square, is the property of the owner. It's the name of the owner.

Hotel groups only have the right to operate, but no major shareholders. The owner is an investor, and the owner is a person who pays wages.

Therefore, the ownership of these hotels is in the hands of the owners, who can take back the hotels, but they have to pay a large sum of money to the hotel management group.