How to Make your Hotel Space a Money Minting Machine

“How do I increase my revenue?” This is the most common question that crosses every hotelier’s mind on a daily basis. Do you know that your hotel space can be used for multiple events and give you returns you never thought of? Whether it is through a conference or an open-air wedding party, there are a multitude of ways to earn ancillary revenue. When you use your hotel space to host such events, you’re attracting the attendees, not only to attend the event but to also enjoy the sumptuous spread you’ve put up for them. That way you can double up your revenue. Here’s a list of business ideas, you can use to make your hotel space a money minting machine. Concert Concerts are crowd pullers. Plan and host a concert in your hotel. Before you start planning, create an event checklist of everything you’ll need to organize a concert. The venue is pre-decided, you simply need to finalize your budgets, date and the artist you think will drive attendees to your hotel. Read our blog – ...