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A Basic Analysis Of Rapid Programs For Guest House
25.05.2017 17:38

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Meanwhile, limited-service hotels tend to be cheaper to build, without the cost of developing and maintaining a commercial kitchen and dining area. “Running food and beverage services is very expensive,” says Freitag. Many hotels that offer these services work hard to break even. The demand for upscale hotel rooms grew by 5.8 percent in the first 90 days of 2017, compared to 2.8 percent growth in demand for hotel rooms overall. These properties may be attracting more new guests because they have the newest, shiniest hotel rooms in their areas. “Guests may have to chose between a full-service hotel that is 25 years old compared to a hotel that is just 25 days old,” says Freitag. These hotels may also have a competitive advantage over older hotels in their areas because they often provide amenities that are difficult to add to older hotel buildings. One example is wireless Internet service. “It’s like running water—most limited services hotels provide it for free,” says Freitag. However, the upscale hotel segment is also experiencing a 6.1 percent increase in supply. That means the occupancy rate for these hotel rooms is inching down from its record highs.

For the original version including any supplementary images or video, visit http://www.nreionline.com/hotel/upscale-limited-service-hotels-are-all-rage-among-developers

Tips For 2017 On Indispensable Aspects In [hotel]

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