Remove Logistics Remove Maintenance Remove Revenue Projections
article thumbnail

Everything you need to know about resort development

Les Roches

This involves estimating construction costs, operating expenses, revenue projections and return on investment (ROI) calculations and identifying potential risks and opportunities. They then devise financing strategies to secure funding for the project to cover these costs and contingencies.

article thumbnail

How to Start a Hotel Business

Xotels Hotel Revenue Management

Concept development covers not only how your hotel will look like, but also how services and facilities align with the operational logistics in the hotel. Revenue Management Experience. Essential to any hotel opening is a solid revenue management strategy. Covering this will be the revenue projections for the next five years.