The people behind hotel management understand that experience on a strategic and executive level is key in identifying an establishment’s operating shortfalls while optimizing its business operations and improving its financial results.
The role of hotel consulting firms comes into play when analysing the needs of each customer, as there may be deficiencies in the business strategy, problems with the feasibility plan and difficulty in getting investors, as well as not knowing the industry well enough or not knowing the type of hotel to put up.
The Middle East’s interest in acquiring or building hotels within its countries and in Europe has significantly increased over the past few years, particularly for cities such as London, Paris, Geneva or even New York.
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