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Shifts in Hotel Revenues Reflect Changes in Development and Guest Preferences

Historically, revenue management within the lodging industry has focused on renting guest rooms in a profitable fashion. Revenue managers, aided by sophisticated computer programs, helped hotels determine the proper balance between the volume of guest rooms rented, with the price charged to rent those rooms. These decisions are now made round the clock, with room prices on any given day changing by the hour.


Brett Schafer has been appointed Chief Executive Officer at Faisal Holding Co. LLC in Sharjah, United Arab Emirates

Faisal Holding is delighted to announce the appointment of Mr. Brett Schafer in the role of Chief Executive Officer. As CEO of Faisal Holding, Mr Schafer will be providing strategic leadership and management for the group’s diverse portfolio of companies, investments, real estate Holdings and developments while spearheading corporate strategy for further business development and growth.

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