Erica Fontes’ Post

Cutting costs is crucial right now because everything's getting more expensive. Saving where you can is a must. Lodging is a major expense that often gets overlooked. Many assume hotels are the only option, but that's not true. Corporate housing offers significant savings compared to hotels, making it a smart alternative. Explore your options and see how much you can save. P.S. Have you considered corporate housing to cut costs in your industry? What’s your experience?

Find out what other hoteliers have on the books for 2024, from property remodels to tech updates, with our free study: https://lnkd.in/eFin34yn #hotelierstudy #hotelmarketing #marketingstrategy

📈 Streamlined stays, maximized returns. Select service hotels align with shifting travel needs - delivering essential amenities without excess overhead. And as an investment asset class, they bring: - Increased efficiency and higher profit margins - Flexibility to adapt to market demand - Options from popular brands trusted by guests - Decreased risk over full-service properties 👉 For stable returns in the hospitality space, going select service just makes sense. That’s why we hone in on this asset class - capitalizing on the growing demand for reliable, no-fuss accommodations. With our deep expertise, we pinpoint the properties that balance practicality and profitability. 🤝 Looking to add to your portfolio? Let’s connect to explore current opportunities! #SparkGHC #selectservice Green Harvest Capital LLC-Ohio Amit Patel Bhavin Patel Bhavesh Lad, MBA Saagar P. Michael J. Smith

Is a new hotel development feasible in your community?

Is a new hotel development feasible in your community?

Want to stay up-to-date with what is going on? Follow our Page for the latest updates. #okanagan #whistler #vancouver #calgary #vacationrentals #housekeepingservices #5starreview #communication #partnerships #propertymanagement #hotel #service

Lots of Factors Slow Hotel Transactions Pace in the Caribbean - The Region Needs More Hotels, but Typical Funding Vehicles Are Sidelined - The hotel business in the Caribbean is typically characterized as high-risk, and high-reward as hoteliers balance resilient tourism demand against devastating hurricanes, increasing costs, and investment difficulty. In most of the high-profile Caribbean locations, hotel performance metrics are at record levels, but there is little to no transaction activity. That supply deficit helps hoteliers keep rates and occupancy high, but those taking a longer-term view say investment dollars for new hotels are needed across the region. Private Equity Picture - “It’s such an interesting time in the Caribbean,” said Rebecca Cocchiola, senior vice president of Chicago-based private equity firm Singerman Real Estate, on a panel at the Caribbean Hotel Investment Conference & Operating Summit. “We see bullish data about operating performance here. There’s a lot of positive momentum, but sellers also are seeing that and not moderating expectations to settle an asset based on financing. So there’s a big spread.” Add in the regional challenges in the Caribbean around government and regulatory issues, and building a new resort in this area can be tough, even with many governments offering tax and other incentives. “These are small economies and it’s very difficult to build a hotel in the islands,” said Ali Elam, managing director of Fortress Investment Group. “Sometimes it doesn’t pencil, but there has to be a way to make it work. Some make it work by adding residential units, but that can be speculative.” Read the full article here: https://lnkd.in/eC93Aty3 #propertysquarellc #FranckRobert #caribbean  #centralamerica #RealEstate

We've all experienced it – the search for that perfect accommodation during our eagerly anticipated vacation or business trip can often become challenging. With numerous factors to consider and many options to assess, it's no wonder that we sometimes struggle with stress and frustration. But don't worry! In our latest blog post, we provide tips and advice on how to find the ideal place to stay – and even save some money in the process.    1. The Benefits of Booking Directly  2. Building a Personal Relationship  3. Commitment to Excellent Customer Service  4. Save Time and Minimise Stress    You can find more details here: https://lnkd.in/epb2-gR6    

Do you believe it is possible to have geographic freedom in business? Hiring staff to run operations while not physically present can be a complex task, especially if this is your first hotel investment. But over the years, I have developed a unique method that allows me to have complete freedom when managing my hotels from anywhere in the world. Have no idea how this is possible and want to learn how to Unlock your Freedom? Contact me via the link in biowww.danmorelli.co.uk #DanMorelli #UnlockYourFreedom #LocationFreedom #HotelBusiness #RemoteManagement #TravelingEntrepreneur #GlobalOperations #BusinessSuccess #WorldTravel #HotelManagement #EntrepreneurLife #SuccessJourney

There’s a reason why almost everyday, you see new hotels springing up in different locations? Did you know that hotels can be a lifelong investment with unlimited returns? Well, now you do! Hotels are not only a high-yield investment, but they’re generally considered safe and minimum risk, with high economic resilience (they survive most economic downturns). Investing in a hotel has great benefits, which we’ve talked about, plus they’re also sustainable and can offer opportunities for different revenue streams. Would you like to invest in a hotel? Do share your thoughts in the comments! My name is Ivie Omas and it’s my job to make your Real Estate experience one you will not forget in a hurry