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...
Evolution Of Asset Management In Hotels N ot too long back, hotel ownership and hotel management in Asia were like Siamese twins – co-joined at birth, despite being distinctly different from each other. Four domestic chains largely dominated the hotel ownership...
