Final answer:
Most hospitality chains have a blend of both corporate and franchise hotels, utilizing a franchise model for expansion and presence while also operating corporate-owned locations.
Step-by-step explanation:
Most hospitality chains will have a mixture of corporate and franchise hotels. The concept of franchising expanded significantly with companies like McDonald's leading the way in the fast food industry. Franchise businesses operate under a parent company's brand and business model but are owned by individual franchisees. These franchisees pay fees and adhere to the company's operations and quality standards. The franchise model allows for fast expansion and a broad presence, which is why many hotel chains and other service businesses use it. Corporate hotels are those that are owned and operated by the chain itself, without individual ownership.