Remove Maintenance Remove Procurement Remove Revenue Projections
article thumbnail

Everything you need to know about resort development

Les Roches

Resort development is a complex discipline, requiring meticulous planning, strategic design, procurement, construction, operations and marketing. This involves estimating construction costs, operating expenses, revenue projections and return on investment (ROI) calculations and identifying potential risks and opportunities.

article thumbnail

How to Start a Hotel Business

Xotels Hotel Revenue Management

When it comes to favourable circumstances, we could definitely name a few: More room in the job market, making it easier to procure qualified staff. Other Expenses (franchise fees, marketing expenses, maintenance costs etc.). Covering this will be the revenue projections for the next five years. Rent and Utilities.