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 and GBR (Global Branded Residences) are on the ground in Albania, exploring opportunities for luxury branded developments. With its untapped landscapes, growing investor appetite, and exceptional service standards, Albania is emerging as a captivating Mediterranean destination. Read more
RLA Global and GBR (Global Branded Residences) are on the ground in Albania, exploring opportunities for luxury branded developments. With its untapped landscapes, growing investor appetite, and exceptional service standards, Albania is emerging as a captivating Mediterranean destination. Read more
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At R&R24 in Athens, the "rock star panel" delved into stakeholder alignment, infrastructure, overtourism, branded residences, guest-centric strategies, and evolving market trends. This dynamic discussion offered practical insights into the future of leisure and hospitality. Read more
At R&R24 in Athens, the "rock star panel" delved into stakeholder alignment, infrastructure, overtourism, branded residences, guest-centric strategies, and evolving market trends. This dynamic discussion offered practical insights into the future of leisure and hospitality. Read more
Great insights from Prodexpo, Greece's largest real estate conference. Our Group CEO Roger Allen joined industry leaders in an engaging dialogue on the sector's transformative growth in a panel discussion: "Greece's Hospitality Real Estate Renaissance: Attracting Global Investors". Read more
Great insights from Prodexpo, Greece's largest real estate conference. Our Group CEO Roger Allen joined industry leaders in an engaging dialogue on the sector's transformative growth in a panel discussion: "Greece's Hospitality Real Estate Renaissance: Attracting Global Investors". Read more
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