Traditional Culture Encyclopedia - Hotel franchise - What does the franchise hotel’s collection and rebate mean?

What does the franchise hotel’s collection and rebate mean?

A third party collects and returns investors’ money.

Collection for franchised hotels refers to an intermediary company or a third party collecting payment in the name of the investor based on the voucher; repayment refers to an intermediary company or a third party collecting the principal and interest in accordance with the investment within a specified time. The profit of the investor will be automatically returned to the investor.

Franchise is the ongoing contractual relationship between the enterprise organization, or the franchise chain head office and the franchise store.