Hotels are living, breathing assets. From the moment a property opens its doors, the clock starts ticking on wear, guest expectations, and evolving brand standards. That’s why hotel owners and property managers often think of hotels in terms of a life cycle, where...
PIP 101: What Every Hotelier Needs to Know Staying competitive and meeting the evolving needs of guests is essential to a hotel’s long term success. One of the most common responsibilities in a hotelier’s career is fulfilling PIPs and completing hotel...
What is a Hotel CapEx Budget? Every year, hotel owners set aside funds for capital expenditures, (or CapEx). These are investments that improve or extend the life of a hotel and its physical assets. CapEx budgets typically take into consideration the costs of...
In today’s competitive hospitality landscape, attracting a diverse guest mix is crucial for maximizing occupancy rates and increasing RevPAR. With the rise of various traveler segments—leisure, business, bleisure (business + leisure), digital nomads, families, luxury...
What causes new hotel design trends to emerge? You may think it impossible to predict trends but ultimately they stem from changes in the world around us. Answering questions like “how have guests changed?” and “what is now important to them?”...
Managing the problems that can arise in a Hotel Renovation PIPs and hotel renovations are cyclical in the hospitality industry. PIPs are meant to encourage hotel owners to keep up with trends and stay competitive. Independent renovations to hotels may also happen from...
