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A brand name carries with it intangible value inherent which can translate into a higher average daily rate, a positive image, or a higher market share. In order to maintain that value, the brand must ensure that there is consistency in the guest experience no matter where in the world the branded hotel is located. This is where the interaction between the brand standards and the hotel management agreement comes into play! Our article in this week's Hotel Business Review, What's in a Name - Everything! How Brand Standards Play into the Hotel Management Agreement, will focus on what brand standards are, and how a hotel owner knows if it is "measuring up" and maintaining brand standards - and in fact complying with the obligation to operate the hotel in accordance with brand standards. READ MORE