In a new article published by Hotel News Now/CoStar, RLA Global CEO explains what revenue-management approach and metrics will become more relevant for industry stakeholders to judge hotel performance in the future?
We are seeing more and more hotels and resorts investing in eco-glamping, well-being retreats with a sustainability focus, serviced apartments, safe co-working space for bleisure travelers and co-living facilities in natural settings. Further investment is also being made into the experiential side of operations or venturing into the foregoing hybrid projects. They are exploring how to deliver new services with a difference that guests are willing to buy — while justifying the investment and targeting optimal returns. It is safe to say that a significant part of hotel revenue is already generated by new offerings that go beyond hotel rooms and tend to blur the traditional categorization of departmental revenue flows.
To continue reading this must-read please visit: CoStar - Will Experiences End Traditional Hotel Revenue Models?
RLA Global and Global Branded Residences co-hosted their second annual cocktail event in Athens, bringing together clients, partners, and industry friends for an evening of genuine connection under the Acropolis. Read more
RLA Global and Global Branded Residences co-hosted their second annual cocktail event in Athens, bringing together clients, partners, and industry friends for an evening of genuine connection under the Acropolis. Read more
RLA Global attended the 10th R&R Forum in Athens. "We've been part of this journey since the beginning," says Group CEO Roger Allen, "and it's evolved into a leading space for networking and exchanging ideas in our industry." Read more
RLA Global attended the 10th R&R Forum in Athens. "We've been part of this journey since the beginning," says Group CEO Roger Allen, "and it's evolved into a leading space for networking and exchanging ideas in our industry." Read more
Sleep in hospitality is revolutionizing the guest experience. The hotel sleep experience has become a central focus, as modern travelers are willing to pay more for accommodations that enhance their sleep. Hotels that prioritize restorative sleep through innovative technology and environmental design gain lasting competitive advantages. Read more
Sleep in hospitality is revolutionizing the guest experience. The hotel sleep experience has become a central focus, as modern travelers are willing to pay more for accommodations that enhance their sleep. Hotels that prioritize restorative sleep through innovative technology and environmental design gain lasting competitive advantages. Read more
Hotels must come up with new ways to successfully attract and retain employees and boost their appeal to new cohorts of candidates in an ever-intensifying race for skilled workforce. In this article, we examine what difficulties and challenges they need to overcome in the labour market and how they can build resilient and innovative human resources strategies. Read more
Hotels must come up with new ways to successfully attract and retain employees and boost their appeal to new cohorts of candidates in an ever-intensifying race for skilled workforce. In this article, we examine what difficulties and challenges they need to overcome in the labour market and how they can build resilient and innovative human resources strategies. Read more
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