What is GOPPAR? Running a hotel successfully can be tough. It requires the perfect application of financial and customer service strategies. While customer service can be learned through training, revenue management is something worthwhile. There are several aspects associated with implementing a successful revenue management strategy for your hotel. These aspects revolve around the right […]
How To Win Over Your Guests Upon Arrival? The moment guests enter your hotel they immediately start sizing it up. It takes 15 minutes for a guest to figure out what’s what. Therefore, as a hotel owner, you need to understand that even the minor details can have a big impact on your guests. If […]
Will Amazon Enter the Hotel Business? Amazon is a world-renowned giant that has revolutionized every industry it has laid eyes on. However, there is one industry that sent Amazon running for its money. In 2015, Amazon entered the online travel industry but failed to make its mark. According to experts, the hotel industry is still […]
How to use Instagram for Your Hotel Hotels that stay at par with the recent trends fare well in the long run. The hospitality industry is ever evolving to accommodate the younger generation and their main focus lies in different ways to attract more guests using a social media portfolio. The best way to reach […]
In order to take your hotel’s revenue to the next level, you need to implement strategies that help you generate more direct bookings. Thanks to the introduction of tech, the face of hotel e-commerce keeps on changing—therefore, you need to adapt according to the changing trends. Here are 5 practical tips to help you generate […]
The year 2018 was great for Bangkok tourism industry. The city alone handled a whopping 38 million tourists last year and will cater 41 million in 2019. With these stats, there’s no doubt that Thailand has been the face of tourism in Asia. Tourism growth rates reached an all-time high of 7.5% last year and […]
RevPar is a relatively new term introduced to the hospitality industry a decade ago. Despite its new arrival, this index has become fairly popular among hotel owners and managers. The RevPar is an amalgam of occupancy rate and the average rate displayed at the hotel. The acronym stands for “revenue per available room”. It can […]
Italy has been at the center of attention for tourists from all over the world. This has resulted in a spike in overall occupancy rates in the country. Some famous cities in Italy are reported at an occupancy rate of 85%-90%. This depicts that things are going solid in the real estate market and hotel […]
The Italian real estate market is tipped for great times for the year 2019. Thanks to its booming tourism industry, the hospitality market in Italy has shown amazing growth over the past few years. Because of this economic boom, investors from all around the world are looking for opportunities to invest in the Italian real […]
Buying a hotel can be a great investment as it opens a plethora of opportunities for the investor. Even better, having a hotel on your investment portfolio can guarantee you unlimited access to financing. Countries with booming tourism like Italy in Europe and Thailand in Asia can be great places to invest in as they […]
