How do the owners feel about management contracts? Why do they feel that way? Al Gosaibi is

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How do the owners feel about management contracts? Why do they feel that way? Al Gosaibi is a family-owned 5-star hotel conveniently located in Al-

Khobar, on the Arabian Gulf, near the Dhahran International Airport and the Dammam seaport. It has 300 rooms, 37 suites, 25 villas, the usual assortment of amenities, and a huge exhibition hall. It is the oldest luxury hotel in the area. It suffered the most as the business recession hit; its occupancy rate declined sharply. The relocation of the airport 80 kilometers away from town and the opening of a permanent exhibition facility are likely to affect the future of the hotel adversely. A former general manager of the hotel, Munir Tadros, was offered the challenging assignment of stepping in again to save the business for its owners and jobs for its employees.

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