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
Read MoreTo 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.
Read MoreThe 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.
Read MoreManaging 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
Read MoreThe 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.
Read More10 reasons to invest in Portugal Location Weather Safety Quality of Life Real Estate opportunities Business opportunities Modern Infrastructure Innovation & Technology Human resources Tourism Growth
Read MoreWhy Portugal is a top choice for foreign investors
Read More3 valuation methods to determine the value of a Hotel 1. Income Capitalization Approach 2. Sales Comparison Approach 3. Cost Approach
Read More3 Quick Hotel Valuations 1. Room-Rate multiplier 2. The Bottle/Can Soda Multiplier 3. Price Per Room Sales Comparison
Read MoreNDA Template
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