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Cory is interested in opening an independent lodging establishment and is prepared to finance the entire operation by himself. How is what Cory plans to do different than what an increasing number of independent lodging establishments are doing?

(1 point)

1. Independent lodging establishments are increasingly being run by the customers.

2. Independent lodging establishments are increasingly being gifted to owners.

3. Independent lodging establishments are never financed by one individual like Cory.

4. Independent lodging establishments are increasingly financed through investors.

1 answer

The correct answer is:

  1. Independent lodging establishments are increasingly financed through investors.

Cory's plan to finance the entire operation by himself differs from the trend of independent lodging establishments that are more frequently seeking external investors to fund their operations.