Leadership: Making Money Now versus Investing for the Future

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American Chamber of Commerce
in the Czech Republic


19.11.2018, 17:00 - 19.11.2018, 18:30


Prague Marriott Hotel Show on map


Hotels face a big challenge. Their primary asset is a room for people to stay. People want those rooms to feel as though they are the first person ever to stay there. That means they need to refurbish and modernize those rooms regularly. The question becomes how many rooms should they take offline at a time. Should they close a floor? What if the noise of reconstruction irritates those staying on other floors, and push them to other locations? Does that mean closing the whole building- and shutting down revenue flow- is a better choice? Although hotels face a special situation, balancing the desire to maximize today's revenues and investing into future revenues impacts all business. Join us to discuss the key factors to consider when deciding what the sweet spot for your company is.

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