General Management

As we say goodbye to 2025, I am optimistic for the future of the hospitality industry in 2026 and beyond, it is truly a resilient business. Travelers continue to seek a memorable experience and the corporate sector is back doing events that fuel our economic growth!

Profitability is what every budget really comes down to. Still, building a budget is more than just organizing or plugging numbers into the excel file (If it´s your go-to tool, still). It's about understanding what is coming in, what's going out, and how your revenue plan ties everything together.

For our 2026 budget, my primary focus will be on sustaining brand awareness and strengthening the property’s positioning. Guests today are increasingly attentive to consistency; they expect the same level of quality and service regardless of market conditions or rate fluctuations.

The decisive skill I feel separates a great GM is "managing the balanced scorecard" - enlivening employee engagement, amplifying the guest experience, and ensuring financial stability. Too often, the General Manager confuses what is truly important and relevant to the hospitality business.

For me, the role of a luxury hotel GM is first and foremost that of a balancing act. Depending on the context, whether corporate or private ownership, the GM must be able to adapt and understand stakeholders' expectations. They must be able to deal with ambiguity and create added value.

Strategic foresight distinguishes outstanding luxury hotel general managers from their peers. Empathy empowers a general manager (GM) to understand and anticipate the diverse needs of guests, staff, owners, and partners. In luxury hospitality, emotional connections are crucial; guests often remember how they felt during their stay far more than the details of their accommodations.