What Are the Biggest Challenges Faced by Development & Design Leaders?
New ideas are reshaping the future of hotel construction in the post-pandemic period. The hotel industry is going through a transformation toward more sustainable business models. A growing emphasis is put on rebranding as well as remodeling issues. Here are some of the biggest challenges affecting development and design in the hotel industry. Labor Shortages…
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How Hotel Architecture Is Changing to Match a Post-COVID Future
The COVID pandemic impacted several industries and changed everyday life. The implementation of widespread stay-at-home orders damaged the hotel industry. With traveling reduced, profits were down. However, things are trending upward again. Here’s a look at some of the proposed changes to the design and construction of hotels. Many hotel designers are renovating old properties…
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Five Hotel Operating Metrics You Should Care About
If you pursue a career in the hospitality industry, you’ll need to learn certain terms such as Hotel Occupancy Rate (OR) and Average Length of Stay (LOS). These terms aren’t that complicated to understand, and a computer system will generate the numbers for you. Here are the most common metrics used among hotel management. Average…
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Exciting Tips to Help Enhance Hotel Operations
The hotel industry is a competitive marketplace. Owners are constantly seeking to implement new strategies to help attract customers. Organizing a successful hotel business takes a lot of planning and commitment. While the brainstorming process can be overwhelming at times, these tips can help you gain a competitive advantage. Strong Leadership As the owner of…
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Why Have a Smart Room Pricing Strategy for Your Hotel?
With COVID-19 containment measures bearing fruits, people can’t wait to travel and explore the outdoors again. However, hoteliers shouldn’t take advantage of this to overcharge guests as they too were financially hurt by the pandemic. You need to follow different strategies while selecting your room prices and rates. Analyze Your Historical Data You don’t need…
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