Markus Oberlin from consultancy Farnek laid it out at the Arabian Travel Market last week. “A hotel with 250 rooms running at 80 percent occupancy with an average rate of AED750 could lose as much as AED3.8m in revenue over the course of a year – and that’s not taking into account their F&B operation.”
In this edition of Inside AB Bern Debusmann and Jeremy Lawrence look at the advice of Markus Oberlin, CEO of facilities management consultancy Farnek, who outline the challenges facing the hospitality sector.
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(Source: Arabianbusiness.com YouTube channel)