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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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Hyatt to launch Homes & Hideaways by World of Hyatt

Hotel Business

Lowe’s hospitality management subsidiary, CoralTree Hospitality Group , will assume management of the rental units, HOAs and resort properties included in the transaction. The management business will be rebranded by Lowe and CoralTree. We foresee a bright future as we guide this business toward new achievements.”

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What does a hotel management company do?

Les Roches

Hotel owners hire hotel management companies to take on responsibility for all essential operations and services associated with running a successful hotel. This typically includes handling day-to-day responsibilities like staffing, building maintenance, payroll, housekeeping, front of house and marketing.

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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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Diverse careers in hospitality and tourism: match your talents

Les Roches

It includes hotels, bars, restaurants, resort management , theme parks and cruise ships. Hospitality is a vast industry, incorporating businesses focused on delivering services from refreshments to accommodation and transport. What are back-of-house positions?

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Hotel management jobs as the path to exciting careers

Les Roches

Food and beverage manager : working within food and beverage management can include overseeing a team of chefs, stock inventory and employee scheduling Restaurant manager: supervising operations in the kitchen and ensuring the restaurant complies with health, safety and quality assurance Sales and marketing director: this role includes managing a (..)

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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.