All the hotels will be managed by an affiliate of the Issuer who has extensive experience with select-service hotels. The management has been in the industry for three generations and currently manages 400 hotels in the US.
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The word ownership used in the site at various places refers to the Economic Ownership of the property, it doesn’t imply either Legal ownership or Utility ownership. To understand more on the definition of Economic Ownership, please read the offer document carefully.
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