Owners and asset managers often ask operators for clearer trade-offs. A starter list:

1. CapEx vs RevPAR uplift assumptions (and who owns the forecast)
2. Fee structure transparency (base / incentive / brand)
3. Soft-brand vs full brand vs independent + private drill framework
4. Exit / reflag clauses and FF&E reserve discipline
5. Local talent pipeline and GM authority

Share anonymized lessons — no confidential deal sheets. This is peer discussion, not investment advice.