1. What is a joint venture? Give an example of a joint venture hotel deal in Brazil and outline who are the major players involved.
2. Why does a joint venture make sense as a means for hotel global expansion? Give 4 well explained reasons for your answer.

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What is a joint venture A joint venture JV is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task This task can be a new ... View the full answer