Tourism Industry Insight: When Should a Resort Refurbish?
Past investment explains how an asset reached today. The better capital decision asks which option creates the most value from tomorrow onward.
Past investment explains how an asset reached today. The better capital decision asks which option creates the most value from tomorrow onward.
An OTA booking is not automatically expensive or valuable. The better question is how much genuinely additional demand the channel creates for the hotel.
A high rating attracts attention, but the number and recency of experiences behind it can determine how much confidence a traveller places in that score.
A hotel can hold the same dollar rate while becoming suddenly more expensive abroad. Tracking the guest’s home-currency price can prevent unnecessary discounting.
Maldives’ new 40% foreign-currency conversion rule aims to channel more tourism dollars through banks, strengthen reserves, improve formal FX liquidity, and reduce...
A service failure does not stay the same size while it waits. Fast recovery can preserve experiences, trust and revenue before the damage compounds.
A hotel’s headline rating is useful, but the newest reviews may reveal something more valuable: whether today’s guest experience still matches yesterday’s reputation.