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Hotel lobby overseen by hotelAVE, a hospitality consulting firm providing hospitality industry insights and hotel advisory services
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Tag: hotel profitability

The GOP Squeeze: How Asset Managers Maximize Hotel Profitability

As economic challenges, such as a potential recession, still-rising interest rates and wage increases loom, asset managers must identify areas of improvement to ensure sustained profitability. Focusing on operational performance is a key strategy to blunt their effects—and that’s where strong asset management comes into play. Read Full Article.. Download PDF file
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Market in Decline? – It’s time to focus on fundamentals and implement these metrics and operational strategies to maximize financial performance during declining economic periods

Industry prognosticators continue to revise the U.S. lodging outlook downward. In a declining economic period like the one currently underway, hoteliers—including owners, asset managers, and operators—need to proactively develop and implement strategies that preserve both top and bottom lines, and best allow them to successfully navigate lean times. Here, we present and discuss a number..
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