Regulatory and Legal Affairs

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Four Day Work Week – Work Hard, Rest Harder

As a hospitality consultant with over two decades of experience in evaluating Hotel Valuations and Return on Investment (ROI), I have often wondered if organisations lack adequate metrics for measuring the value of talent and employee ROI. Investments in the workforce are often misrepresented as detrimental to budgets, with no recognition of the softer aspects of service or the value as a result of that service. Today, with the advent of technology, the proliferation of hotel brands with blurred products and services, the only real differentiator can be the service brought about by individuals who work in these hotels. Therefore, to me personally, the focus must shift to making long term strategic decisions. So, what if some of these decisions are unconventional or may sound absurd for a sector known for its long working hours?
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Navigating the Property Tax Maze: How Location and Hotel Type Impact Your Bottom Line

Property taxes represent a substantial expense for hotels, significantly impacting profitability. A recent analysis of over 6,000 hotels, using CBRE’s Trends® in the Hotel Industry database, reveals dramatic disparities in property tax burdens based on both location and hotel type. This article explores these critical variations, providing insights into how these differences can impact hotel valuations.
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