5 Best Turnaround Strategies for Dying Hotels in Nigeria

Top 5 Turnaround Strategies for Failing Hotels

Quite a number of factors contribute to the distress faced by hotels today. Unsurprisingly, they appear to be the same reasons time and time again. Most times it is a result of inadequate knowledge of the hospitality industry, poor hotel management, unqualified staff, etc. Nevertheless, there is room for some great turnaround, especially when signs of distress are detected early. READ:   Importance of Staff Training in the Hospitality Industry What are the Best Ways to Revive a Falling Hotel? ‍ BECOME  MORE VISIBLE We are in an age where people search for what they want first on the internet. It is logical that hotel owners take advantage of…

Benefits of Feasibility Study in Setting up a Hotel in Nigeria

Importance of a Feasibility Study When Setting up a Hotel

Carrying a feasibility study for a business venture, or project is highly paramount in achieving success. Sadly, however, you find that many do not realize it. You find more often than not, that intended hotel owners tend to ignore or fix this process into their hotel set-up phase. Many times hotels fail to scale through as they should is very much as a result of the fact that the feasibility study was conducted. Maybe if we knew what feasibility study is an how important is to the success of hotels we would take it more seriously. What is Feasibility Study? Put simply, a feasibility study is “an assessment…