For decades, the hospitality industry relied on a business model that appeared almost timeless in its simplicity. Hotels generated value by building more rooms, attracting more guests and gradually increasing room rates as markets matured. Restaurants, spas, meeting facilities and retail outlets undoubtedly enhanced the guest experience, yet they were rarely viewed as independent economic pillars. Their...
Hotel Management
For years, rising energy prices in hospitality were often treated as temporary volatility. Today, that perception appears to be changing. Across large parts of the hospitality industry, energy costs are increasingly becoming a structural business risk capable of influencing pricing strategies, operating models, investment decisions and long-term asset viability. Recent warnings from industry...