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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.

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Hyatt to launch Homes & Hideaways by World of Hyatt

Hotel Business

Lowe acquires Destination Residential Management The Destination Residential Management business Lowe acquired consists of management agreements for individually owned resort residences across 36 properties in Colorado and Hawaii, as well as many of the properties’ homeowners associations (HOAs).

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What does a hotel management company do?

Les Roches

A hotel management career can be an exciting one with opportunities to travel, develop leadership and management skills and take on interesting and varied roles. Hotel owners hire hotel management companies to take on responsibility for all essential operations and services associated with running a successful hotel.

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Diverse careers in hospitality and tourism: match your talents

Les Roches

Hospitality is a vast industry, incorporating businesses focused on delivering services from refreshments to accommodation and transport. It includes hotels, bars, restaurants, resort management , theme parks and cruise ships.

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How do hotel management companies make money?

Les Roches

Typically, this fee covers a range of services, including overseeing day-to-day operations, staffing, marketing and maintenance. Incentive fees Many hotel management companies earn incentive fees, which are based on achieving specific financial milestones or performance targets such as profitability or high occupancy rates.

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Aiming for the top: Hotel manager salary and benefits

Les Roches

They must oversee all aspects of guest interactions, from reservations and check-in to room service and concierge assistance Staff management: responsible for hiring, training and supervising staff members across various departments. It’s important to make sure that you work on all these areas to start a successful career as a hotel manager.

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Navigating management in the hospitality industry: Tips for success

Les Roches

While navigating its complexities may se­em challenging, this guide provide­s insights and actionable tips to help you exce­l in management in the hospitality industry. What is hospitality management? It involves various responsibilitie­s such as customer service, house­keeping and overseeing staff.