How to Maximize Hotel Revenue by Repurposing Unused Space Though room bookings account for the majority of an average hotel’s revenue, many hotels rely on revenue from other sources, including food and beverage, parking, events and more. This is especially important in an era when building costs are significantly higher than they were even five years ago, and labor costs have not come down. Continue Reading about How to Maximize Hotel Revenue by Repurposing Unused Space
Development, Construction & Asset Management
PIP strategies: Planning your property’s glow-up
Hotel Renovations & PIPs: Driving Guest Satisfaction, Employee Retention, and Long-Term Profitability It’s not enough for a hotel or hotel group to repaint the walls and change carpeting and light fixtures in guest rooms and swap out color schemes and seating in public areas. Glossy travel magazines and travel-focused “lifestyle” television have shaped the expectations of travelers for Continue Reading about PIP strategies: Planning your property’s glow-up
