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KruesiM. A. (2015). Management contracts and franchising: A two-study examination of non-equity mode choice in the hotel sector. PhD thesis AUT University Auckland, New Zealand. Http://aut.researchgateway.ac.nz/handle/10292/9207. [Accessed the 9th of June 2016].
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NissenA. (2013). US leads the way in hotel markets. Pandox Update #2. Http://www.slideshare.net/PandoxAB. [Accessed the 28th of January 2016].
TurnerM. J. & GuildingC. (2010). Hotel Management Contracts and Deficiencies in Owner-Operator Capital Expenditure Goal Congruency. Journal of Hospitality & Tourism Research34(4):478–511.
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A last source of relevant information is the website of Scandic, Pandox’ largest tenant: www.scandichotelsgroup.com. Interesting pages include (retrieved 14th of June 2016) Hotel Portfolio. http://www.scandichotelsgroup.com/en/hotel-portfolio/ (which has a breakdown of their leased, managed, franchised and owned hotels offering a ‘mirror image’ to Table 1 in the case).