Hotels Should Adopt Portfolio Management to Maximize Corporate Account Value, Shifting Focus from Volume to Long-term Returns
📈 Hotels invest thousands of hours in negotiating rates and managing corporate accounts, yet often overlook assessing account value. A Portfolio Allocation Framework suggests evaluating accounts on return, growth potential, risk, and strategic value, rather than revenue alone. A practical scorecard rates dimensions like revenue contribution and growth, guiding investment decisions. A shift from habitual account management to strategic portfolio management can significantly enhance long-term returns and optimize sales team efforts.
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