Amid Coronavirus Crisis, Hoteliers Find a Window for Renovation
At the recent California Lodging Investment Conference, we heard from a lot of hoteliers who are being hit hard by the coronavirus crisis—low demand, low rates, and cancellations. But we also heard a different perspective: some are making the best of the slowdown by completing necessary renovations while demand is low. Whether implementing brand standards…
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Why Profitable Hotel Spas Require Careful Planning
How to keep your hotel’s spa profitable. Last year, hotel spas in the U.S. experienced revenue growth of 4.8%. While this sounds impressive, labor costs also grew to a near-equal 4.7%. Naturally, this prompts hotel owners to question how they can ensure that their spa centers remain profitable. Well, according to experts, it all comes…
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