Despite the high investment costs in the hotel industry’s luxury segment, many hotels are, to say it diplomatically and carefully, operating on the edge of the economic profit or loss zones.
There is a lot of intensive predatory competition taking place in Europe within a very small area due to the density of hotels available in Germany, Austria or Switzerland.
Switzerland alone has over 35 premiere luxury hotels, and another 10 hotels are currently in the planning or construction phase.
Even generous owners or investors are expecting positive operating results in the medium term.
It is time to view this situation as a challenge to leave old structures behind and set off on new, timely and forward-looking paths.
It is now up to the management to stay away from this financial one-way street and start living by the phrase "I have always wanted to do this." Moving towards quality management tailored to the hotel leads to a healthy balance sheet and the most important commodity of all -
"the smiles of your extremely happy guests!"
CLA brings you there...
We will assist and accompany you on your path to becoming a top hotel.