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Hotel Forecasting and Why It Is Crucial to Your Success

Revenue Hub

Hotel forecasting plays a vital role in strategic decision-making, shaping both the short and long-term success of a property or portfolio. Reasons for hotel forecasting Effective hotel forecasting provides multiple benefits, not only with strategic planning, but also at the operational level.

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How to start a hotel management company

Les Roches

How to start a hotel management company 24th June, 2024 In this article The hospitality industry is a dynamic and thriving sector that presents plenty of opportunities for aspiring entrepreneurs. In this article, we will explore the essential steps of how to start a hotel management company from the ground up.

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Everything you need to know about resort development

Les Roches

Everything you need to know about resort development 5th July, 2024 In this article A key growth driver in global tourism, resort development substantially contributes to job creation, revenue generation and regional advancement. Forecasts indicate a positive annual growth rate of 4.7%

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How to Start a Hotel Business

Xotels Hotel Revenue Management

In this article we have put together a series of tips on how to start your own hotel business: First Things First – Key Considerations Before Starting a Hotel. We cover this further in our Hotel Trends article diving deeper into personalization in hospitality. Strategic Plan. Financial Plan.