CoralTree debuts vacation rental collection
Hotel Business
APRIL 1, 2024
CoralTree’s parent company, Lowe, launched its hospitality management business in 1973 to provide residential resort management services.
Hospitality Management Pricing Resort Management 
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Hotel pricing strategies and why it’s vital to understand them
Les Roches
OCTOBER 27, 2023
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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Hyatt to launch Homes & Hideaways by World of Hyatt
Hotel Business
SEPTEMBER 28, 2023
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).
Navigating management in the hospitality industry: Tips for success
Les Roches
DECEMBER 27, 2023
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.
How do hotel management companies make money?
Les Roches
SEPTEMBER 23, 2024
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.
High paying jobs in hospitality: what to expect and how to prepare yourself
Les Roches
OCTOBER 10, 2023
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. alvarez/E+ via Getty Images High-paying hospitality careers are in demand because they appeal to a lot of people.
Hotel property management systems
Les Roches
JULY 21, 2023
Known as hotel property management systems or hotel PMS , this software enables hotel management to use digital platforms to streamline operations such as bookings, guest check-ins and housekeeping coordination, while enhancing guest experiences. What is a hotel property management system (PMS)? What does a PMS do in a hotel?
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