How to maximize revenue at any size hotel
Generating additional non-rooms revenue isn’t reserved exclusively for high-end, full-service properties with lots of space to activate
Making money in a hotel is about more than just selling rooms, but not every hotel has food-and-beverage outlets, expansive meeting space or retail outlets to contribute ancillary revenue.
Key takeaways
- Space efficiency is key in today’s successful hotel concepts, like designing rooms with movable elements to allow ample room for work, entertainment and sleeping, and in turn cut down on public space;
- Tech should and does play an increasing role when you consider things like selling your basement as storage and selling rooms as offices during the day and bedrooms at night;
- Considering your workforce as employees with jobs to do, but also as conduits to driving more business.
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