Unlocking Your Business Potential
Are small hotels profitable? According to CBRE’s Trends survey, boutique hotels achieved a gross operating profit margin of 33.8 percent in 2017 versus the 38.3 percent average for all hotels included in their survey. Read more on www.hotelmanagement.net Are quaint hotels successful? The answer is yes, but making sure the property is making the most … Read more
What is the best bar in the world? Read more on www.cnn.com There are several candidates that instantly come to mind when discussing the best bar in the world. There are several bars that may compete for the title, from the storied American Bar at The Savoy in London to the avant-garde and experimental cocktail … Read more
Is a Dog Cafe a thing? Read more on en.wikipedia.org In recent years, “puppuccino” bars, usually referred to as dog cafes, have proliferated all over the world. Dog lovers can bring their furry pals to these cafes to mingle, play, and indulge in dog-themed snacks. But do dog cafes actually exist? Yes, it is the … Read more
How much do Airbnb owners make? Airbnb hosts make, on average, about $924 a month, according to research from low-interest lender Earnest. Of course, that income can vary dramatically depending on where you’re based, how frequently you rent out your place, the quality of your home and the services you provide. Read more on www.cnbc.com … Read more
Are cat cafes popular? They’ve become very popular in Japan, with Tokyo home to at least 39. Because many apartments in Japan forbid pet ownership, the popularity of the cafes has been attributed to a desire to interact with cats to help relieve the stress of a busy urban life. Many people attribute the growth … Read more
Is glamping a good business? With relatively little capital investment required and healthy returns, glamping has become a popular choice for many landowners looking to diversify. This industry can be a lucrative investment opportunity and importantly, a sustainable one. Read more on www.savills.co.uk In recent years, glamping—also known as elegant camping—has steadily grown in popularity. … Read more
What is a modern day speakeasy? Thanks to the repeal of the Eighteenth Amendment in 1933, modern-day speakeasies don’t have to evade arrest and prosecution. Still, the allure of private drinking lounges, often hidden in back alleys or behind fake doors in nondescript storefronts or restaurants, remain strong even now. Read more on www.noblehousehotels.com Speakeasies, … Read more
What was McMenamins Edgefield before? In 1964, the main lodge was renamed Edgefield and became a nursing home, the first in Oregon to offer physical rehabilitation. It served in that capacity until 1982, when the buildings were closed and all but abandoned. Read more on www.oregonencyclopedia.org Troutdale, Oregon’s McMenamins Edgefield is a well-liked tourist spot … Read more