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PCH opens third-party management to additional groups

Hotel Business

“Historically, we have provided third-party hotel operations services for a select group of hoteliers, but as the market continues to rebound post-pandemic, we believe now is the time to begin offering our services to a larger pool,” said Jim Buckalew, chairman/CEO, PCH Hotels & Resorts.

Budgeting 105
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How to start a hotel management company

Les Roches

It encompasses a wide range of responsibilities, such as managing guest services, supervising staff, maintaining facilities and optimizing financial performance. Hotel managers are tasked with ensuring the smooth and efficient operation of the property while providing exceptional service to guests.

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Everything you need to know about resort development

Les Roches

This involves estimating construction costs, operating expenses, revenue projections and return on investment (ROI) calculations and identifying potential risks and opportunities. They then devise financing strategies to secure funding for the project to cover these costs and contingencies.

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How to start a hotel business plan

SiteMinder

Research the current and projected demand for hotels in your location, taking into account factors such as population growth, tourism trends, and economic activity. based on your projected occupancy and service levels. Training : ongoing training for staff in guest service, local area knowledge, and bespoke service.