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 worked on the viability assessment of one of the Caribbean's most anticipated branded residence launches, celebrated last week in London with Riyan Itani (GBR). Read more
RLA Global worked on the viability assessment of one of the Caribbean's most anticipated branded residence launches, celebrated last week in London with Riyan Itani (GBR). Read more
RLA Global commences strategic consulting for historic English country estate facing complex heritage and countryside protection requirements. Read more
RLA Global commences strategic consulting for historic English country estate facing complex heritage and countryside protection requirements. Read more
Hotel owners and investors must move beyond traditional financial indicators in asset evaluation and take a holistic approach with new metrics to uncover hidden property value and future potential. This article explains why conventional evaluation tools don’t do the trick alone anymore, which modern metrics to take into account and what drives value at modern hospitality assets. Read more
Hotel owners and investors must move beyond traditional financial indicators in asset evaluation and take a holistic approach with new metrics to uncover hidden property value and future potential. This article explains why conventional evaluation tools don’t do the trick alone anymore, which modern metrics to take into account and what drives value at modern hospitality assets. Read more
Experts at the Resort & Residential Hospitality Forum 2025 outlined leisure development best practices – prioritizing authentic guest experiences, balanced tech use, and fine-tuned investor strategies to ensure long-term value creation. Read more
Experts at the Resort & Residential Hospitality Forum 2025 outlined leisure development best practices – prioritizing authentic guest experiences, balanced tech use, and fine-tuned investor strategies to ensure long-term value creation. Read more
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