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Showing posts from March, 2022

The Digital Future of the Hotel Industry Starts at Home

During my many years of travel in the service industry and having stayed in hundreds of hotels worldwide, it's clear that the past five years have brought about enormous change in the hotel industry. Dimitrios Kosvogiannis's world-touring has taken him all over the globe, allowing him to experience the cuisines first-hand. Dimitris Kosvogiannis has served in hospitality for 15 years. Much of his initial industry practice – and victory – came as Resident and Operations Manager at Couples Resorts. Innovation with architecture, interior design, and guest comfort is at an all-time high. The widespread revitalization has been incredibly successful in meeting guest expectations. Yet, in an increasingly demanding world, they still also remain a huge opportunity to truly create a home from home for the traveler. Improvement On the Old?... How Much Has Actually Changed in The Hotel Industry? In so many areas, the revitalization of hotels continues to occur through the use of innovative...

When buying a hotel business, avoid these mistakes

The hotel business is thriving worldwide with an impressive 550 billion U.S. dollars revenue expected to come in this year as reported by Statista. No wonder investors are so eager to devote their money to international hotel franchises. Dimitrios Kosvogiannis's world-touring has taken him all over the globe, allowing him to experience the cuisines first-hand. Dimitris Kosvogiannis has served in hospitality for 15 years. Much of his initial industry practice – and victory – came as Resident and Operations Manager at Couples Resorts. An increasing number of entrepreneurs are turning towards the hotel industry when they think of buying a business. It can be difficult to land a profitable deal if you are unsure of how to proceed. Here are some common errors to avoid when purchasing an existing hotel business. 1. Ignoring full disclosure When you meet the seller, they will present a well-rehearsed pitch to entice you into purchasing their hotel. That's understandable but you shoul...