demian hodari
Hotel Development: Are Better Feasibility Studies Actually Feasible?
Demian Hodari | August 3, 2020
By Dr Demian Hodari Hotel development is a complex and expensive process involving multiple stakeholders with unique and often conflicting objectives. Since investors, operators, lenders and consultants all use distinct criteria to evaluate a hotel’s projected value, they may green-light projects that are unlikely to satisfy the other parties' financial goals. In order to minimize such subjectivity, investment in a new hotel’s development is typically preceded by a feasibility study, the stated purpose of which is to provide the relevant stakeholders with the information and analysis necessary to estimate the project's financial viabil...
The Hotel General Manager: Time for a New Job Description?
Demian Hodari | December 16, 2019
The hotel General Manager plays a crucial role in the hotel's performance. However his autonomy may vary depending on his education and the type of hotel he works in. By Demian Hodari The hotel General Manager (GM) is the person ultimately responsible for a hotel’s performance. A GM’s ability to make decisions and take action will thus have an important impact on his or her hotel’s operational and strategic results. GMs, however, may not always have the autonomy to make these critical decisions as the hotel’s owner and/or hotel management company (HMC) may in fact limit this through their own decision-making interventions. Th...
