Documents / Articles #profitability

Effective hotel revenue management involves understanding your market, forecasting demand, setting prices strategically, controlling inventory, using distribution channels effectively, and analyzing results. By mastering these basics, you can maximize revenue and profitability in your hotel business

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

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.