What is an international management contract? Provide an example to illustrate your answer

What will be an ideal response?

An international management contract is an arrangement wherein a firm in one country agrees to operate facilities or provide other management services to a firm in another country for an agreed-upon fee. High-end hotels often use management contracts. Marriott often doesn't own the hotels that bear the firm's name around the world, but instead Marriott operates the hotels under management contracts.