F&B Outlets in Hotels – Too Much on the Plate? There was a time when hotels were about glitz, glamour, grace, and grandeur. Guests went there to be pampered in luxury, living out fantasies in rarefied surroundings. Food and beverage was an integral part of this...
On The Menu Today – F&B Profitability As hoteliers and consultants, we respond to the question of profitability spontaneously. In Asia, most large format hotels have a much more equal distribution of rooms and F&B revenue. In some cases, F&B can be 50% of...
Key Takeaways from HICSA 2024 The India Story The Indian GDP is rapidly growing at 6-8% and is forecasted to sustain this trend. As interest rates and exchange rates are projected to moderate, it should provide additional momentum to the Indian economy. Over the last...
Third-party Management: What Hotel Owners Should Consider Most people in the travel business, and many outside it, are familiar with three primary models of hotel operations – owned, managed, and franchised. In Asia, the first two models have ruled the roost for...
How Will Hotels Turn Profitable Again? In times of crisis, it’s wonderful what the imagination will do. – Ruskin Bond The onset of COVID-19 is the mega crisis of our lifetime. For the hospitality sector, it is an Armageddon event threatening to wipe out the good, the...
Opening a Hotel? An Asset Manager Can Help! “By failing to prepare, you are preparing to fail.” ― Benjamin Franklin Hotel openings are an elaborate affair that seek focused inputs from the ownership at a pre-opening stage. While the hotel management company and...