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Leisure Hotel Owners Need to Start Plan B

2023 / Oct
Hotels are still riding a significant wave of leisure demand growth, but forecasts suggest a slowdown could be looming. Here are the do’s and don’ts of preparing for a downturn.

in this new article published by Hotel Investment Today RLA Global's, Group CEO Roger Allen addresses how hotels can prepare for a downturn.  Whilst the hotel and tourism industry is enjoying a record 2023 performance there are concerns about potential economic challenges on the horizon.

Read the article titled 'Leisure Hotel Owners need to start Plan B' here

Quote of the week from Hotel Investment Today “The lesson many owners learned the hard way during the pandemic is that the flexibility and adaptability of contracts are vital when market circumstances change quickly. This is not about the ability to replace a supplier, vendor or partner with a less expensive alternative but being able to engage and find workable solutions that serve the best interests of the business.” – Roger Allen, RLA Global    

(clockwise from top l.): Carolyn Choo - Worldwide Hotels, Roger Allen - RLA Global, Anna Scozzafava - Choice Hotels , Karim Alibhai - Gencom

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