When a buyer is considering whether to invest in the bricks and mortar (real estate) and the goodwill (business), we are often asked whether both components should be lodged within the same structure or whether there is a fiscal advantage in setting up an ad hoc company – distinct from the hotel’s operation – for the ownership of the real estate.
A recent phenomenon, crowdfunding – or participative financing – entails a company funding its projects through the contribution of a large number of people.
In an era where young employees are becoming increasingly demanding about the use of their time, how can they be motivated in a sector traditionally ruled by a culture of hierarchy?
Hospitality sustainable development strategies have long been presented as merely asking guests to reuse their towels during their hotel stay! Restaurants have gradually started indicating dishes made with organic or local produce on their menus. And behind Reception, notices stating the labels obtained or the steps being taken have multiplied, as is the case with Accor hotels and their Planet 21 charter.
In Extenso TCH has developed a wide service offer that now also encompasses restaurant industry consulting. This new activity complements our core tourism business, both in terms of hotels and tourist sites or cultural venues that offer food and beverage services.
We believe it makes sense to offer our clients – whether in our general assignments or in the case of a specific mandate – the services of an F&B expert who can bring the right solution to a problem that requires experience, technical knowledge or curiosity.
The arrival of new players with atypical offers and business models is naturally perceived as a threat by traditional hoteliers. But the arrival of these actors has spearheaded the transformation of the client relationship through the digital environment.