Most Hotel Budgets Don’t Fail Because of Costs—They Fail Because of Wrong Decisions.
Introduction: The Real Problem Isn’t the Budget When hotel projects exceed budgets, the blame is usually placed on rising costs. ... Read More
Executive insights by Dr. Moddie Rachid on hotel management, hospitality leadership, hotel investment, asset management, profitability, hotel turnarounds, and long-term value creation.
How to Create an Accurate Pre-Opening Budget for a Hotel By Dr. Moddie Rachid.
Introduction: Where Most Hotel Budgets Go Wrong Most hotel pre-opening budgets fail for one simple reason:They are based on assumptions—not ... Read More
How to Turn Around an Underperforming Hotel in 90 Days By Dr. Moddie Rachid, CEO of ACE Group USA
Most Hotels Don’t Have a Revenue Problem Let’s be clear.Most underperforming hotels don’t suffer from lack of demand.They suffer from ... Read More