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How to start a hotel management company 24th June, 2024 In this article The hospitality industry is a dynamic and thriving sector that presents plenty of opportunities for aspiring entrepreneurs. Starting a hotel management company is one of those and can be both rewarding and lucrative.
NB: This is an article from Revenue Team by Franco Grasso , one of our Expert Partners. This is especially true in high season when you’re counting on maximizing your revenue. Last-minute cancellations and no-shows can leave you with a hole in your revenueprojections if you don’t use them or if you leave them in the hands of the OTAs.
Another point to consider is how you will be personalizing the way your services are delivered and products are presented through marketing. Covering this will be the revenueprojections for the next five years. Combine everything in a well curated social media that attracts attention. Financial Plan.
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