Rethinking the playbook: how one hotelier cut services, and won profit
Dorchester hotel owner Tudor Hopkins increased operating profits from 8% to 26% by eliminating F&B services and reducing OTA bookings from 60% to 25%.
Dorchester hotel owner Tudor Hopkins increased operating profits from 8% to 26% by eliminating F&B services and reducing OTA bookings from 60% to 25%.
The article provides strategies for hotel owners to secure financing despite elevated interest rates, focusing on operational improvements and creative capital structures.
Host Hotels CIO shares investment strategies and provides 10 essential metrics and practices for hotel GMs to better communicate with owners.