Hotel management contracts: the revolution continues

Article Abstract:

Hotel operating policies, operating, replacement and capital improvement budget are being influenced by their owners. The reasons for such growing influence include stronger competition among hotel operators and the owner's and lender's penchant for more detailed negotiating and managing contracts. A court decision that puts more responsibility on the operators regarding the management and supervision of contracts also strengthens the influence of owners to hotel policies.

Hotels & Motels, Hotels (except Casino Hotels) and Motels, Hotels and motels, Management, Hotel and motel management, Management contracts

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Ferreting out fraud: How municipal agencies can avoid construction crime

Article Abstract:

Fraudulent acts in public construction projects can be minimized by using three methods. First, pre-construction agreements can be formulated to allow government agencies to monitor various aspects of the project. Second, a code of business ethics can be developed to instill ethical behavior among construction employees. Actual cases regarding the adoption of fraud avoidance schemes are narrated.

Construction, Prevention, Fraud, Crime, Building, Government contractors

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