The hospitality industry is ultra-competitive, requiring smaller hotel management companies to utilize a hands-on approach to hospitality management. While large management companies maintain an advantage of scale, smaller operators can be more agile and proactive in addressing challenges and opportunities. Here are five techniques smaller management companies may employ to optimize hotel performance: Proactive Owner Alignment and Engagement Before entering a management agreement, smaller hotel management companies should engage in meaningful discussions with the hotel […]

The post 5 Ways Smaller Management Companies Can Optimize Hotel Performance appeared first on LODGING Magazine.

This post was originally published on this site