Relier Pairs International Hospitality Version en ligne Tourism Management II par maria graciela garcia gonzalez 1 Hotel consortia. 2 Management contracts. 3 Foreign market entry strategies 4 Product and trade name franchise. 5 Input strategies depend on: 6 Business-format franchise. -The critical business environmental factors in host country. -The advantages and disadvantages that each choice would make to the overall vision and objectives of the company. Can be defined as a contract under the terms of which a company agrees to manage another one, on behalf of and at the risk of the latter, in exchange for financial remuneration. -Wholly owned -Licensing/franchising -Management contracts -Consortia