Will Airbnb leave hotel owners out of business?
Sometimes you can hear the opinion that such services can undermine the entire hotel industry! But the director general of the largest Marriott hotel chain Arne Sorenson proved the opposite – in the seven years that he has occupied this chair, the company has risen in price by more than 200%.
Also, the Marriott Bonvoy loyalty program, which rewards bonuses for staying in one of the thirty Marriott chains, was one of the most attractive ideas. Cashback from 6-7%!
Marriott’s revenue in 2018 exceeded $ 20 billion, an increase of 62% over five years.
“Is this the death of hotels?” Sorenson asks, the corners of his mouth curving into a smile. – I do not think so”.
Generate ideas, make profitable deals and don’t be afraid to take risks.
Start Benefitting from Rental Guarantee Investments with InAsia Consulting Today
The real estate market of the island of Phuket in Thailand is attractive for buyers with completely different goals: an ideal "tropical" vacation or profitable rental of your own villa or apartment; developers offer profitable schemes for investment objects, and...
Banwa Private Island was recently opened on an island in the Palawan archipelago, occupying it fully. The Palawan area is also considered by environmentalists as one of the cleanest in the world and not touched by mass tourism. Due to the remoteness of the island, you...
Mitsubishi plans to invest about 13 billion yen in venture capital by 2021 and about 12 billion yen in 2024. Japan plans to produce electric cars in Thailand with total sales of 13 billion yen by 2021 and venture capital of an additional 12 billion yen by 2024,...