Hospitality Trends so Far: Here’s What’s New in 2021
The pandemic has changed the hotel industry, and the facilities that have survived are on their toes, constantly devising ways to prepare themselves for the next crisis. In the meantime, many hotels are still renovating or rethinking their layouts. Hoteliers are paying closer attention to guest feedback and taking it more seriously than ever before….
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Why Should You Invest in Hotels or Resorts?
Even though the hotel industry was among the worst affected by the pandemic, it’s poised for a future turnaround for those that invest in a renovation to meet new standards. Entrepreneurs looking to enter the market can be competitive with the right investment choices that modernize the hotel experience. Here’s a look at why hotels…
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[CLIC] 5 Has Been Rescheduled to March 10th, 2022…
We very sorry to inform everyone that because of the Delta variant, continuing guideline changes at the municipal, county and state levels, as well as other factors have forced us to make the painful decision to reschedule the 5th Annual California Lodging Investment Conference [CLIC]. We’re all so disappointed as we were all hoping that…
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Business Travel Post COVID-19: Here’s What You Can Expect
Before the COVID-19 pandemic, Americans made over 400 million long-distance business trips annually. During the pandemic, however, this number reduced drastically due to pandemic-related measures such as travel restrictions and lockdowns. Today, thanks to mass vaccination programs across the country, states have fully reopened, allowing things to return to normal, including business travel. However, while…
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10 Smart Hotel Investment Tips to Ensure Higher Profits
Measured by revenue, the market size of the U.S. hotel and motel industry is currently about $133.5 billion. Moreover, experts expect the industry to continue growing in the post-COVID era, meaning new investments in the sector will likely be profitable. Here are 10 smart hotel investment tips to ensure higher profits. Conduct Due Diligence To…
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