Read-only memory, or ROM, is a form of data storage in computers and other electronic devices that can not be easily altered or reprogrammed.
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The Ritz, 160 E. Pearson St., is part of the Ritz-Carlton chain but is managed by Four Seasons Hotels & Resorts. Marriott International Inc., the owner of the Ritz brand, would be a logical bidder on the hotel, allowing it to break the management agreement with Four Seasons, establish its own management contract and then sell the property, according to Real Estate Alert.