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.
As the Caribbean hotel market is recovering, investor interest is rising. Each of the island nations constitutes a different submarket. This article outlines what investors need to know when pursuing opportunities in the region.
What is a Resort? How should the performance of Resorts be benchmarked and does this affect how we manage and value a Resort property? In the first of two articles we explore the Resort business model and where the value drivers lie.
The Caribbean region offers a diversified portfolio of hotels. As tourism in the region continues to grow, the development of hotels should continue to evolve to accommodate the changes in the nature and pattern of demand.
How to create a lasting mixed use resort that meets the needs of tomorrow? Who are the customers and investors of tomorrow? What are the trends in legal structures? Do you have the Right Stuff for a successful mixed use resort development?
The primary role of the F&B department is to enhance the overall profits of a hotel. Many claim hotels with F&B should maximize the department’s profit or lease income. Instead, maybe the departmental profit motive should be secondary.