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Hotel Digital Transformation: 10 Ideas for 2024
December 27, 2023  - By FHA-HoReCa

Hotel Digital Transformation: 10 Ideas for 2024

Advances in technology are spurring digital transformation in the hospitality industry. With the digital revolution moving forward, hotels are restructuring themselves to adapt and alter their culture. Hoteliers are striving to integrate hotel digital transformation to meet and exceed customer…

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Hotel Direct Bookings: A Detailed Guide
December 27, 2023  - By FHA-HoReCa

Hotel Direct Bookings: A Detailed Guide

As a hotelier, you would wish to drive direct bookings sooner, wresting back some control from online travel agencies (OTAs). While the OTAs are a great source of revenue, reducing your reliance on these platforms will help your hotel gain…

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How to Buy a Hotel Franchise: A Comprehensive Guide
December 27, 2023  - By FHA-HoReCa

How to Buy a Hotel Franchise: A Comprehensive Guide

Buying a hotel franchise can be expensive but has significant potential profits. It involves securing the rights to operate a hotel under an established brand, benefiting from the parent company's reputation, marketing support, and standardized operating procedures. Planning to buy…

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Hotel Investment Guide: How to Invest in Hotels
December 27, 2023  - By FHA-HoReCa

Hotel Investment Guide: How to Invest in Hotels

Hotels are an excellent source of income for investors. The hospitality industry is thriving and expected to grow to US$ 5.8 trillion in 2027 at a compound annual growth rate (CAGR) of 5.5 percent. As the number of travelers, leisure…

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A Guide on How to Attract Domestic Tourists to Your Hotel
November 30, 2023  - By FHA-HoReCa

A Guide on How to Attract Domestic Tourists to Your Hotel

This is your ultimate guide to "attracting domestic tourists to your hotel." In an era of exploration and rediscovery, hoteliers face the exciting challenge of captivating the attention of domestic travelers. Understanding and implementing effective strategies becomes paramount for hotel…

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Unlocking Success: Strategies To Overcome Hotel Labor Shortage
November 30, 2023  - By FHA-HoReCa

Unlocking Success: Strategies To Overcome Hotel Labor Shortage

The hotel industry is grappling with a critical challenge—hotel labor shortage. The repercussions of this scarcity extend beyond understaffed operations; it significantly affects service quality and, subsequently, the overall guest experience. The disruptive force of the COVID-19 pandemic has intensified…

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17 Best Hotel Pricing Strategies: The Complete Guide
November 30, 2023  - By FHA-HoReCa

17 Best Hotel Pricing Strategies: The Complete Guide

Prices are a foundational element of a hotel’s revenues. Pricing aims to increase occupancy rates and boost revenue by attracting guests while maintaining profitability. There's always a fine line between prices that are too high and too low. But there…

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16 Social Media Marketing Strategies for Hotels
November 30, 2023  - By FHA-HoReCa

16 Social Media Marketing Strategies for Hotels

Social media has become an integral part of the modern guest journey. Today, customers browse social media when picking a place to stay. With social media network users projected to increase to almost 6 billion in 2027, hotels can increase…

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Hotel KPIs: 16 Performance Metrics in Hospitality Industry
November 30, 2023  - By FHA-HoReCa

Hotel KPIs: 16 Performance Metrics in Hospitality Industry

To run a successful business, you need to know the numbers. The same goes for the hotel industry. You should know the Hotel KPIs to keep track of the revenue stream, performance, and operational aspects. The logic is simple: if…

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