Insights With Trent Munday

Hospitality consulting firm Hotelivate, has just just released their Hotel Management Contract Survey 2020 – South Asia, entailing a comprehensive review of 85 contracts/LOIs, representing around 16,200 rooms, signed in the region over the last two decades. For anyone doing business with hotels, the report provides some interesting insights into the commercial terms and structures that apply to these hotel management companies. Two key takeaways... 1. The average term of a hotel management contract is around 20 years 2. The average base fee earned by these hotel management companies is 2.35% of gross hotel revenue. For more information or to order your copy of the report, follow this link.. https://hotelivate.com/hotel-development/hotel-management-contract-survey-2020-south-asia/   #hotels #hotelmanagment #hotelindustry