How we can differentiate between expenses and investments to make sure we recognize the difference and make the best decisions for the ongoing health of our enterprise.
Property and service flaws negate hotel’s renovation investment
With most guests, it is never a single flaw that drives them away; it is always a cluster of complaints along with a failure from the staff to ameliorate those grievances.
Chip Eng Seng partners with Park Hotel Group to buy Maldives resort
Set to open in second quarter of 2017, the Grand Park Kodhipparu, Maldives will offer two restaurants, a harbour beach club, an infinity pool and bar as well as comprehensive spa facilities.
Hyatt announces sale of Hyatt Regency Birmingham in the UK
Over and above the £38.6 million purchase price, the purchaser will also spend £2.7 million in additional capital expenditures to further improve the property over the next three years. As part of the sale, a Hyatt affiliate has entered into a management agreement with the purchaser and the hotel will retain its Hyatt Regency branding.
