What are three popular forms of ownership used in the lodging industry that allow for rapid expansion?

Three popular forms of ownership in the lodging industry that facilitate rapid expansion are Franchising, management contracts, and real estate investment trusts (REITs). Franchising allows brands to leverage local operators' capital and expertise, while management contracts enable hotel brands to manage properties owned by others, minimizing their own capital investment. REITs provide a way for investors to pool resources to purchase and manage hotel properties, thus accelerating growth through collective investment. These models help brands scale quickly while mitigating financial risk.