As 2014 approaches, the global hospitality sector is preparing to face a year of significant uncertainty. Economic/financial instability and recession in Europe, political instability in the Middle East and slowed growth in prominent Asian economies are threatening performance across the globe.
In 2014, the management and optimisation of capital will be at the forefront of the minds of industry players. Owners will continue to assess deferred maintenance spending at the property level, while changes in government regulations will present hotel companies with new restructuring and tax considerations.
Owners, investors and managers of hotels in the Mediterranean region face a number of other issues such as:
- Heightened competition in a multi-channel environment
- The pressing need for brand differentiation
- Improving upon hotel performance and Return on Investment (ROI)
- Access to finance
The Mediterranean Hotel Management and Investment Forum, aims to identify performances and ideas to leverage future revenue growth. "How do you meet with success in this business? How do you maintain and manage the resort industry? How do you measure your hotel's performance, stay ahead of the trends, deliver profitability and delight consumers?" are just some of the key topics to be analysed at the conference.
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