Do You Own a Hotel? Here Are 5 Mistakes You Don’t Want to Make

Joseph Zarrahy | November 28, 2016

by Joseph Zarrahy It's no easy path being a hotel owner. The hospitality industry is fiercely competitive, and constantly changing to meet the needs of the customers. Yet, there are great opportunities for financial rewards if success is achieved. With the New Year rapidly approaching, there's no better time to take a look at some of the biggest hotel owner mistakes made. By contemplating mistakes you might have made, or hope not to make, you can arm yourself with the best weapon of all – knowledge. Hotel Owner Mistakes Base Rates on Competition Rather Than Value In an ideal world, your hotel rates imitate those of your competitor...