Remove Accounting Remove Regulatory Compliance Remove Revenue Projections
article thumbnail

How to start a hotel management company

Les Roches

Some of the main current trends are: Sector growth: the hotel and tourism industry accounts for 10% of worldwide GDP and turnover is steadily growing, making it a good opportunity for new businesses Technology integration: the hotel management industry is using more and more technology to improve guest experiences and streamline operations.

article thumbnail

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.