A hotel's location is the key factor in determining success, say the region's hotel general managers.
Sixty-two-percent told the Hotelier Middle East GM survey that location was the main beneficial feature influencing a property's performance – up from 60% in 2008.
However, personal service was deemed much less important and fell from 65% last year to 52% - boasting a brand name was also deemed less important this year, in the wake of the global economic downturn.
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Indeed, the financial situation has led to a major change in approach and attitude from GMs with value for money – which appeared fairly low down 2008’s list of significant factors – being deemed important by 60% of this year’s respondents.
Worryingly, F&B outlets, leisure and spa facilities all saw large drops in perceived significance.
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Jun 20, 2011 , USA
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Sep 17, 2009 , United Arab Emirates
for this sourinding atmospheir should be healthy not like now a days. A strenghtful finincial hub is the key roll for the good business for hoteling. When these finincial crises will occure, who will occupy the hotles, so it is necessary to see a healthy finicial market around you.