How to make your SPA profitable

How to make your SPA profitable

Many hotels in leisure destinations struggle to make their spa profitable, often due to the kind of guests attracted. Attracting health & wellness-focused guests who tend to consume more can improve profitability

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How to calculate the correct Hotel Rent valuation?

How to calculate the correct Hotel Rent valuation?

To calculate the leasehold annual valuation, various formulas are available, including percentage of gross turnover, rent per available room, market rent, and NOI multiplier. However, the choice of formula depends on the specific property and lease agreement. It is advised to consult with a real estate professional or valuer for the best formula.

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Getting started with the Wellness Segment

Getting started with the Wellness Segment

The incorporation of wellness offerings in the hotel industry is gaining popularity due to its ability to address seasonality, provide guests with a range of physical and mental benefits, and increase revenue and guest satisfaction by creating a positive environment.

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Specificities of room operations in a boutique hotel

Specificities of room operations in a boutique hotel

Managing a boutique hotel differs from managing a regular hotel in terms of room operations. The smaller size and unique characteristics require a more personalized approach to front office, housekeeping, and laundry operations

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Why contracting a company to run your boutique hotel might be a good idea.

Why contracting a company to run your boutique hotel might be a good idea.

The text highlights the benefits of outsourcing hotel management to an experienced hospitality management company. It discusses expertise, time and cost savings, access to resources, and risk mitigation.

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10 Reasons to invest in Portugal

10 Reasons to invest in Portugal

10 reasons to invest in Portugal Location Weather Safety Quality of Life Real Estate opportunities Business opportunities Modern Infrastructure Innovation & Technology Human resources Tourism Growth

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Why investing in Portugal

Why investing in Portugal

Why Portugal is a top choice for foreign investors

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3 Methods for Hotel Valuation

3 Methods for Hotel Valuation

3 valuation methods to determine the value of a Hotel 1. Income Capitalization Approach 2. Sales Comparison Approach 3. Cost Approach

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3 Quick Hotel Valuations

3 Quick Hotel Valuations

3 Quick Hotel Valuations 1. Room-Rate multiplier 2. The Bottle/Can Soda Multiplier 3. Price Per Room Sales Comparison

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Sales & marketing approach for Boutique Hotels

Sales & marketing approach for Boutique Hotels

Boutique hotels require a unique approach to sales and marketing, focusing on personalized service, direct bookings, and social media marketing. They highlight their unique amenities and target niche audiences to differentiate themselves from competitors

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