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Homelike launches operations in Dubai

Serviced Apartments

Philipp Morawietz, managing director of Homelike , said: “Dubai represents a strategic market opportunity for Homelike, and we are excited to unveil our expansion plans and revenue projections for the region.

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Wurzak expands third-party management services

Hotel Business

Wurzak Hotel Group has expanded its services to include third-party hotel management services for additional ownership groups in strategic markets. We are now expanding to other ownership groups while focusing on specific target markets where we have a competitive advantage and that will enable us to generate superior operating performance.”

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PCH opens third-party management to additional groups

Hotel Business

Historically, we have provided third-party hotel operations services for a select group of hoteliers, but as the market continues to rebound post-pandemic, we believe now is the time to begin offering our services to a larger pool,” said Jim Buckalew, chairman/CEO, PCH Hotels & Resorts.

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Best Steps and Practices to Create a Robust Hotel Budget

Revenue Hub

Historical Data: By understanding past performance you can make more accurate future projections. Using historical data provides insights of revenue patterns, seasonal fluctuations, and areas for improvement. Market Trends: Being aware of market dynamics allows you to adapt your budget to capitalize on opportunities or mitigate risks.

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6 Expert Tips To Create An Effective Cafe Business Plan For The UK

The Restaurant Times

With lockdown restrictions easing and restaurant business slowly picking up the pace in the UK market, it is an excellent time to revisit your restaurant’s business plans. While doing this, conduct market research, see what is working best in the market, and incorporate these trends into your menu. . SWOT Analysis.

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How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

In this guide, we'll go through everything you need to open a new coffee shop, from market research to buying coffee to hiring the best team. Research the Market. Market and Promote the Opening. Below is a list of the potential coffee shop concepts to think about when conducting your market research. Research the Market.

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Exploring different business models: A comprehensive guide

Les Roches

Understanding customers enables effective tailoring of products, services and marketing strategies, as well as improved customer engagement. A business model needs to define the target market based on shared traits such as age, gender, industry and values. They drive the enterprise by purchasing or using products and services.