Why is owning a hotel franchise better?

Owning a hotel franchise can offer a range of advantages over operating as an independent property. By joining a franchise, hotel owners can tap into proven systems and gain a competitive edge in attracting and retaining guests.

What is the purpose of hotel franchising?

The purpose of franchising is to create a win-win situation for both the hotel owner and the franchisor. Owners benefit from established systems and brand credibility, while the franchisor expands its market presence without directly managing all properties.

What is hotel ROI?

Hotel ROI means return on investment, which evaluates how much money you are getting out compared to what you put in. The aim is to generate a positive ROI, which you can then use to grow and improve the business or take out as profit. Generally recorded as a percentage, it’s a vital financial metric for hoteliers to track if they want to make sure their objectives are being met.

Return on investment formula

As we mentioned above, the return on investment formula is ROI = (Net Profit / Amount Invested) x 100.

An example of the ROI equation for hotels looks like this:

A hotel generates a net profit of $100,000 on an investment of $500,000.

ROI = (100,000 / 500,000) x 100 = 20%

This means that the hotel is generating a 20% return on the investment.

Building an Eco-Friendly Hotel with Green FF&E,

As the world grapples with the pressing challenges of climate change, travelers are increasingly seeking accommodations that align with their eco-conscious values. The tourism industry, once a major contributor  to environmental strain, is now undergoing a significant transformation.

Hotels, in particular, are under pressure to adopt sustainable practices that minimize their carbon footprint while delivering exceptional guest experience.  

A recent study by the National Center for Biotechnology Information revealed that tourism accounts for approximately 8% of global greenhouse gas emissions. This figure is expected to rise by 25% by 2030, underscoring the urgent need for sustainable solutions. Designing an eco-friendly hotel meets the expectations of modern travelers is no longer a desirable goal; it’s a necessity.

Sustainable Hotel Design: Rethinking Hospitality for a Healthier Planet, Sustainable hotel design is about creating places to stay that are kind to the planet and good for local communities. It's a way of thinking that touches everything –- from where a hotel is built to how it runs day-to-day.

This approach has become a big point of emphasis in the hospitality world. More and more travelers are looking for eco-friendly options, and hotels are stepping up to meet this demand. By embracing sustainability, hotels aren't just helping the environment –- they're also building stronger connections with their guests and neighbors. 

Hotel sustainability is reshaping the industry, pushing hotels to innovate and think differently about how they do business.

How to Forecast Hotel Revenue with Optimized Precision As a hotel revenue management consulting company, at jomalifestye, it has been a while since we covered this topic on our hotel management blog, so I thought it would be good to have another look at forecasting in hotels. With reservation lead time changing in key markets we operate in, it is becoming more challenging to forecast accurately.

Nyepi Day in Bali is a New Year celebrated unlike anywhere else on the planet. The Saka New Year here is also known as the Bali day of silence. It's ultimately the quietest day of the year – all of the island's inhabitants abide by a set of local rules that bring routine activities to a complete halt. Roads all over Bali are void of any traffic and nobody steps outside of their home premises.