Why Resorts Make Commercial Sense Will the next few years belong to resorts in leisure destinations or to big city hotels that are driven primarily by commercial demand? Should investors focus on resorts or on business hotels? In an evolving hotel industry such as...
Testing the Hotel Operator’s Abilities F or long, hotel owners have been trying to find ways to safeguard their investments and interests during negotiation of management contracts with potential operators. And indeed, they have made notable headway. There was a time...
Has Incredible India Lost its Incredible Hotels? D uring the exclusive ‘owners-only’ meet at the recently concluded HICSA in Mumbai, there was an interesting discussion on the type of branded hotels entering the market today across positioning. Everyone agreed that...
F requently confused, often used interchangeably and seldom understood – The cost, price and value of a hotel are not the same thing! It is rather surprising that industry stakeholders routinely seem to obfuscate these distinct terms and their implications on the...
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...
F our walls, a Bed, Television, In-room Décor and a Bathroom! A recurring lament and blame on the hospitality sector has been that its proponents have done little to reinvent the sector’s core offering. Ever since the concept of letting rooms came into play, room...
