Everything you wanted to know about buying and selling hotels.
Due to their small size, ease of concealment, and perceived value, these items are often taken by guests as souvenirs or simply because they are forgotten in luggage.
The amount that hotels should spend on marketing can vary depending on factors such as the size of the hotel, its location, target market, competition, and overall marketing goals.
Ensuring that housekeepers are happier and more effective in hotels is crucial for maintaining guest satisfaction and the overall success of the establishment.
Hotel owners can can create a hotel pool that is attractive, enjoyable, and memorable for guests, enhancing their overall stay experience and encouraging repeat visits.
Purchasing a hotel is a significant investment and requires careful consideration and planning.
Purchasing a hotel is a significant investment and requires careful consideration and planning.
Some facts that offer a glimpse into the diverse and fascinating world of the hotel industry, showcasing its quirks, history, and unique offerings.
Looking ahead, the outlook for growth remains positive, notwithstanding a tempered economic forecast and elevated interest rates.
A recent incident at a Toronto Airport Hotel and Suites gained attention when a U.S. customer ordered a cheeseburger cooked medium and was asked to sign a waiver.
As of February 10, 2024, the latest global update reveals that 74% of hotel markets worldwide experienced an increase in revenue per available room (RevPAR) compared to the same period in 2023.
Some facts that offer a glimpse into the diverse and fascinating world of the hotel industry, showcasing its quirks, history, and unique offerings.
The decision to buy a hotel or a motel should align with your investment objectives, resources, and expertise.
Outside professionals who hold the greatest influence on a hotel include Revenue Management Consultants, who specialize in optimizing revenue streams by analyzing data, implementing pricing strategies, and maximizing room inventory.
Hotels can be affected by a multitude of factors, both internal and external, that influence their operations, performance, and overall success.
Several key statistics are crucial for understanding the dynamics and trends within the hotel industry.
Hotels can overcome obstacles and thrive in an ever-evolving landscape.
Hotels must closely monitor and adapt to changes in consumer behavior to remain competitive, meet evolving guest expectations, and drive long-term success in the hospitality industry.
These facts highlight the diversity and uniqueness found within the world of hotels, ranging from historical landmarks to modern marvels and offering a wide range of experiences for travelers.
To design a survey aimed at improving employee satisfaction in hotels, hoteliers should consider asking a variety of questions covering different aspects of the work environment, job responsibilities, and overall experience.
Surveys are one of the best ways to gauge satisfaction levels. When conducted during the guest stay, they allow you to fix any problems before they turn into a negative review.
