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?
The 9th Mediterranean Tourism Forum, part of The Mediterranean Week of Economic Leaders was held recently in the historic Chamber of Commerce in Barcelona Read more
The 9th Mediterranean Tourism Forum, part of The Mediterranean Week of Economic Leaders was held recently in the historic Chamber of Commerce in Barcelona Read more
The RLA Global team continues to be dedicated to the highest standards of professional consulting. Read more
The RLA Global team continues to be dedicated to the highest standards of professional consulting. Read more
While the general outlook on hotel demand is becoming more uncertain with rising energy prices and high inflation, luxury properties are well-positioned to stay resilient and enjoy continued recovery. Read more
While the general outlook on hotel demand is becoming more uncertain with rising energy prices and high inflation, luxury properties are well-positioned to stay resilient and enjoy continued recovery. Read more
Personalised experiential programming is the biggest trend in travel currently, RLA Global Group CEO Roger Allen said at an interview during the recent Resort & Residential Hospitality Forum in Portugal. Read more
Personalised experiential programming is the biggest trend in travel currently, RLA Global Group CEO Roger Allen said at an interview during the recent Resort & Residential Hospitality Forum in Portugal. Read more
While the general outlook on hotel demand is becoming more uncertain with rising energy prices and high inflation, luxury properties are well-positioned to stay resilient and enjoy continued recovery. Read more
While the general outlook on hotel demand is becoming more uncertain with rising energy prices and high inflation, luxury properties are well-positioned to stay resilient and enjoy continued recovery. Read more
Personalised experiential programming is the biggest trend in travel currently, RLA Global Group CEO Roger Allen said at an interview during the recent Resort & Residential Hospitality Forum in Portugal. Read more
Personalised experiential programming is the biggest trend in travel currently, RLA Global Group CEO Roger Allen said at an interview during the recent Resort & Residential Hospitality Forum in Portugal. Read more
The 9th Mediterranean Tourism Forum, part of The Mediterranean Week of Economic Leaders was held recently in the historic Chamber of Commerce in Barcelona Read more
The 9th Mediterranean Tourism Forum, part of The Mediterranean Week of Economic Leaders was held recently in the historic Chamber of Commerce in Barcelona Read more
The RLA Global team continues to be dedicated to the highest standards of professional consulting. Read more
The RLA Global team continues to be dedicated to the highest standards of professional consulting. Read more
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