Economy questions?

0 ⤊

As developing countries make a transition to market-based economies, one of the first major capital investments is in "Western-quality" hotels. Explain why "brand-name" hotel accommodations are a critical step in attracting foreign investment.

2007-11-24 12:14:59 · 2 answers · asked by ½ÃÂù ± 2 in Social Science ➔ Economics

2 answers

Brand names are easily recognized and are considered "winners". Having a Hilton vs havin Joe blow's overnighter.

2007-11-24 12:24:22 · answer #1 · answered by Mark 1 3 · 0⤊ 0⤋

this is only a guess,but probly so the folks staying have the best places to stay while visiting so they might at least be impressed by that

2007-11-24 12:20:53 · answer #2 · answered by happy2beme60 4 · 0⤊ 0⤋