We asked Michael Grove about his key takeaways from reading the RLA Global 2024 Wellness Real Estate Report.
Primarily, Michael emphasizes the danger of viewing metrics in isolation:
"We get a lot of requests around the profitability and sustainability of Wellness as a department in the hotel... I think that's quite a dangerous concept because there is obviously a direct correlation between how you drive Wellness and how that impacts other areas of the business."
Key insights from Michael:
Michael Grove stresses the critical role of expert analysis in investment decisions, explaining how a coordinated approach to data interpretation is essential for matching the right strategy with the right market and asset. "That's where I guess experts like RLA come into it", he noted.
Our latest podcast episode with Michael provides a roadmap for making informed decisions in an increasingly complex market.
Ready to dive deeper? Click here to watch the full podcast episode:
"Data is Key: View it Comprehensively" and gain a competitive edge in your hospitality ventures.
RLA Global’s leadership team, including CEO Roger Allen, Simon Saunders, and Paul Sawford, recently spent a week in Cyprus to oversee major resort and destination development projects as the island experiences unprecedented growth in both tourism and real estate. Read more
RLA Global’s leadership team, including CEO Roger Allen, Simon Saunders, and Paul Sawford, recently spent a week in Cyprus to oversee major resort and destination development projects as the island experiences unprecedented growth in both tourism and real estate. Read more
Group CEO Roger Allen and Managing Partner Paul Boldy of RLA Global are spearheading a new project with one of the UAE’s preeminent real estate and hospitality companies. Read more
Group CEO Roger Allen and Managing Partner Paul Boldy of RLA Global are spearheading a new project with one of the UAE’s preeminent real estate and hospitality companies. Read more
Maintaining a wellness lifestyle and increasing demand for access to wellness during travel and finds hospitality uniquely placed. Our VP of Strategic Health & Wellness, Simon Saunders, explores guest expectations, and the how’s and why’s of promoting, influencing, and educating guests’ wellness. Read more
Maintaining a wellness lifestyle and increasing demand for access to wellness during travel and finds hospitality uniquely placed. Our VP of Strategic Health & Wellness, Simon Saunders, explores guest expectations, and the how’s and why’s of promoting, influencing, and educating guests’ wellness. Read more
Consumers increasingly follow well-being routines and health hacks to stay healthy longer and don’t want to skip their habits while traveling. To stay on top of this shift, hotels need to identify appropriate longevity offerings and focus on how they can serve their guests better. Read more
Consumers increasingly follow well-being routines and health hacks to stay healthy longer and don’t want to skip their habits while traveling. To stay on top of this shift, hotels need to identify appropriate longevity offerings and focus on how they can serve their guests better. Read more
Sign up for our eNewsletter