by Manav Thadani | Jun 12, 2024 | Asset Management, Food and Beverage, Hotel Operations, Strategic Advisory
On The Menu Today – F&B Profitability As hoteliers and consultants, we respond to the question of profitability spontaneously. In Asia, most large format hotels have a much more equal distribution of rooms and F&B revenue. In some cases, F&B can be 50% of...
by Hotelivate | May 14, 2024 | Asset Management, Executive Search, HICSA, Hotel Development, Hotel Finance, Hotel Operations
Key Takeaways from HICSA 2024 The India Story The Indian GDP is rapidly growing at 6-8% and is forecasted to sustain this trend. As interest rates and exchange rates are projected to moderate, it should provide additional momentum to the Indian economy. Over the last...
by Siddharth Savkur | Jul 13, 2021 | Asset Management, Hotel Operations
Third-party Management: What Hotel Owners Should Consider Most people in the travel business, and many outside it, are familiar with three primary models of hotel operations – owned, managed, and franchised. In Asia, the first two models have ruled the roost for...
by Saurabh Gupta | Apr 20, 2020 | Asset Management, Covid-19, Hotel Operations
How Will Hotels Turn Profitable Again? In times of crisis, it’s wonderful what the imagination will do. – Ruskin Bond The onset of COVID-19 is the mega crisis of our lifetime. For the hospitality sector, it is an Armageddon event threatening to wipe out the good, the...
by Saurabh Gupta | Jun 25, 2019 | Asset Management, Hotel Development, Hotel Operations
Opening a Hotel? An Asset Manager Can Help! “By failing to prepare, you are preparing to fail.” ― Benjamin Franklin Hotel openings are an elaborate affair that seek focused inputs from the ownership at a pre-opening stage. While the hotel management company and...
by Saurabh Gupta | Apr 17, 2018 | Asset Management, Hotel Development, Hotel Operations
Evolution Of Asset Management In Hotels N ot too long back, hotel ownership and hotel management in Asia were like Siamese twins – co-joined at birth, despite being distinctly different from each other. Four domestic chains largely dominated the hotel ownership...