What is needed to reposition an entire destination? All around the world destinations reach a mature life cycle and are forced to re-invent themselves due to increased global competition. This case study on Montenegro can provide an insight.
The article presents the changes in the tourism landscape of Sri Lanka in the past two years, with improvements in infrastructure, tourist arrivals, and hotel market performances, concentrating on the hotel markets of Colombo and the Southwest Coast.
August 27, 2012
ByInshita Wij ,Kaushik Vardharajan
In this newsletter, we examine the historical operating performance and provide an overview of hotel transactions that have occurred across the Central Florida region over the last five years, and present a brand overview of B Hotels & Resorts.
The 2012 Middle East Hotel Survey highlights regional macroeconomics, visitation characteristics, performance indicators and major developments, reinforcing the resilience of the region, poised for recovery and development despite the Arab Spring.
HVS provides a guide though the peaks and troughs of the various hotel markets in Russia, the CIS and Georgia, giving lenders, investors and owners a clearer view of the region from a valuation perspective.
October 13, 2011
ByAlexey Korobkin ,Saurabh Chawla
Due to increased hotel development in Russia and the CIS, it is important for owners to better understand different types of relations with the hotel operators. In this article we address some of the main terms of a typical management contract.
С развитием гостиничного бизнеса в России и СНГ собственникам и инвесторам важно понимать различные способы сотрудничества с гостиничными операторами. В данной статье мы обсудим основные аспекты договора на управление отелем.
Prevalent incentive management fee structures partly align the interests of hotel managers with those of owners. They also arbitrarily reward managers primarily on market performance, rather than management effectiveness. A new approach is discussed.