Rich Profit’s Post

Developers in the hotel industry are actively seeking strategies to attract new customers and reduce expenses. One promising approach is the implementation of dual-branded hotels. Are you considering a dual-brand hotel? Read on. #hospitality #hoteldesign #hotelproject #hotelmarket

Unveiling the Untapped Potential of Boutique Hotels. The hospitality landscape is evolving, and boutique hotels are at the forefront of this transformation. Unlike their traditional counterparts, boutique hotels offer an immersive experience tailored to the individual tastes and preferences of guests. From unique decor to personalized services, these establishments cater to the discerning traveler seeking more than just a place to stay. With the rise of experiential travel, boutique hotels are poised for exponential growth, presenting lucrative investment opportunities for savvy investors. With potential returns outpacing those of conventional hotel investments, venturing into the boutique hotel market promises attractive profits. Now is the time to capitalize on this burgeoning market.

2024 Insights--Dual-Brand Hotels 101. Incorporating a Dual-Branded hotel into your next project holds tremendous potential, allowing developers to provide customers with an expanded array of choices within a single property. Read on. #hospitality #hoteldesign #hotelproject #hotelmarket

Luxury hotels might make up a relatively small portion of the wider #hospitality industry, but it is one that hoteliers are eager to control, with top brands having signed off on several new deals in recent years. It's a specialized focus—luxury hotel room-night demand only exists in a select set of cities and resort destinations. Yet this is starting to change, as some locations that wouldn't traditionally be considered luxury locations are being re-evaluated as brands aim to stay competitive and keep up with customer demand. #HotelIndustry #LuxuryTravel #LuxuryHotels

Todays Hotel Renovation Question: How to decide whether it’s best to renovate or rebrand in order to maximize ROI if you have a PIP in place? ✅ See today’s answer below! 💬Comment below to get your hotel renovation questions answered by the A-team! Check out our white paper “10 Tips to Maximize Hotel Renovation ROI” to learn more about return on investment during hotel renovations: https://lnkd.in/gNGe4A6E #hotel #hotels #travel #hoteldesign #hotelier #hotelmanagement #hospitality #hospitalityindustry #hospitalitylife

Wednesdays are the day we answer your commonly asked questions about hotel renovations! Have you wondered how long the planning and design period take during a hotel renovation? It can take anywhere from 3-9 months depending upon how long it takes to receive a design agreement, approve designs and final pricing, and signing a contract. Comment or DM questions you might have about hotel renovations and we will answer them next Wednesday! #hotel #hotels #travel #hoteldesign #hotelier #hotelmanagement #hospitality #hospitalityindustry #hospitalitylife

Ever fallen so in love with a hotel that you wish you could live there full time? You just may be in luck: one of the biggest trends defining luxury hospitality right now is the shift toward mixed-use lifestyle developments, which integrate high-end condominiums into hotel properties. In a recent piece for HOTELS magazine, PMA Vice President and Hospitality Sector Lead Mark Knott LEED AP writes about the reasons behind this push toward mixed-use hotel developments in the year ahead -- from 'revenge travel' demand to the need for tech adoption and additional infrastructure within these sites. Read more below: #projectmanagement #hospitality #luxuryhospitality #realestate #travel

🌆 Planning a city break? Here's your quick guide to choosing the perfect hotel! 🏨✨ Location is Key: Consider a hotel centrally located, making it easy to explore key attractions on foot. Proximity to public transportation is a plus! Check Reviews: Dive into reviews on different platforms or Google. Real experiences give insights into the hotel's service, cleanliness, and overall guest satisfaction. Amenities that Matter: Prioritize amenities that align with your preferences – whether it's a gym, free Wi-Fi, or an apartment with terrace. Choose a hotel that enhances your stay. Budget Wisely: Set a budget range and explore options within that bracket. Sometimes, mid-range hotels offer the best value for money! Local Flavor: For an authentic experience, consider boutique hotels or those with local charm. Immerse yourself in the city's culture right from your hotel. Safety First: Prioritize safety. Check for secure neighborhoods, and ensure the hotel follows safety protocols for a worry-free stay. www.ymyresidence.ro

Forbes article on Remington Hospitality growth in Latin America & the Caribbean. #roomtothrive #remingtonhospitality #hotels #hotel #hospitality #cala #tourism https://lnkd.in/grTxaDip

Breaking news in the hotel industry! Executives are encouraging hotel owners to embrace brand-mandated renovations (PIPs) without delay. At Amerail Systems we’re dedicated to providing hoteliers with value-engineered solutions for their PIPs that keep you within budget without sacrificing the quality of the project! To learn more check out the entire article here: https://lnkd.in/eTm2JkEy costar.com #hoteldesign #hotelnews #hoteliers #hotelmanagement #hotelbusiness #hotels #hoteldesigntrends #hospitalityindustry