Remove Communication Remove Pricing Remove Resort Management
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CoralTree debuts vacation rental collection

Hotel Business

CoralTree’s parent company, Lowe, launched its hospitality management business in 1973 to provide residential resort management services. In late 2023, we substantially grew our portfolio of vacation rentals and are excited to further expand, operationalize and brand this collection to highlight our expertise in this area.”

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Hotel pricing strategies and why it’s vital to understand them

Les Roches

If you want a career in hotel management , you’ll need to be familiar with many aspects of overseeing a hospitality venue, including hotel pricing strategy. In this article, we’ll go over what hotel pricing strategy is and have a closer look at specific strategies different hotels and resorts use.

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Navigating management in the hospitality industry: Tips for success

Les Roches

In addition to technical abilities, soft skills such as communication, proble­m-solving and adaptable leadership skills are­ also crucial. Transferable skills from hospitality management Hospitality management helps develop a set of transferable soft and hard skills.

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Hotel customer service: what is it, and how can it become a career?

Les Roches

Providing excellent customer experience will also allow a hotel to maintain a higher price point, helping improve profits. The other factors that affect guest satisfaction in the hotel business include the amenities, what the hotel offers and price or value for money. How does hotel customer service impact guest satisfaction?

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How do hotel management companies make money?

Les Roches

Mark-up on supplies and services Hotel management companies often generate additional revenue through mark-ups on supplies and services provided to the properties they manage. They use their purchasing power to buy goods and services in bulk at lower costs, then charge the hotel a marked-up price for smaller quantities.

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How to excel as a sales and marketing director

Les Roches

Sales and marketing can be great career choices if you like working in a fast-paced and exciting field where you can be creative and use your excellent communication skills. Working specifically within the hospitality sector means you can be based almost anywhere in the world, since there are resorts and hotels on every continent.

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High paying jobs in hospitality: what to expect and how to prepare yourself

Les Roches

There are lots of career paths you can consider in the hospitality industry, especially once you have completed professional qualifications such as a hotel management degree. These are specialist roles, each overseeing managers within their departments. We’ll look in more detail at some of these later in the article.