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Portugal Hotel Investments

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Portugal Hotel Investments

Portugal Hotel Investments

Hotel business development applies to the full spectrum of hotel business, from strategic or day-to-day operations to expanding the organization’s market exposure. Hotel business expansion could be achieved by means of a wide variety of possibilities, such as organizational mergers, existing hotel property purchases, marketing, hotel facility renovations, hotel extensions and new-builds, marketing, branding and business repositioning. It must be noted, however, that, when a hotel business is expanded by means of facilities renovation, extensions or new-builds, organisations venture into hotel property development.Hotel Property Development

Even though hotel business development and hotel property development are two separate entities, they often function as interconnected requirements in the full spectrum of hotel development. This would start with strategic business management at one end of the spectrum and would conclude at the other end with the final handing over of a newly-built hotel to the operator.

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