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Rohil Virani-4 Considerations Hotel Investors Should Be Mindful Of in 2021

Rohil Virani comes with a huge track record in operating as well as owning large scale businesses in the Atlanta Area. His energy, focus, and talent enable him to see what is around the corner and what is next in his respective markets and what his company can do to change for the better to appeal to his customers.

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Rohil Virani-4 Considerations Hotel Investors Should Be Mindful Of in 2021

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  1. Rohil Virani-4 Considerations Hotel Investors Should Be Mindful Of in 2021

  2. Rohil Virani comes with a huge track record in operating as well as owning large scale businesses in the Atlanta Area. His energy, focus, and talent enable him to see what is around the corner and what is next in his respective markets and what his company can do to change for the better to appeal to his customers. In fact, he is super successful as a landowner and real estate developer. He is having the leadership qualities which led him to set some career benchmarks. Rohil Virani — CEO, Co-Founder of Siasim Investments Group has been a successful name in the entertainment industry, gas station markets, and convenience stores. If you want to start with investing and looking for some advice, then here is a blog to follow- 5 Reasons To Invest In Hospitality Industry By Rohil Virani.

  3. 1. Invest in Management Investors in the hospitality sector must keep in mind the worth of outstanding management as well as maintenance. In fact, you will be able to significantly increase the value of the property and along with the return value by growing the revenue per available room. Apart from that, it will be able to reduce the operational expenses as well as produce higher occupancy percentages. You need to make sure that you invest wisely in the maintenance management systems as well as property management personnel.

  4. 2. Consider Short Term Rental Influence Hospitality is actually an asset class, and it might change rapidly with the influence of short-term rental along with the concept of co-living. In fact, the lines between hotels as well as Airbnb are becoming blurred. Hence, it is important to see the trends that are going on. This is because the industry moves away from traditional brands and considers that people want an experiential and boutique travel stay.

  5. 3. Pay Attention To Submarket Supply As per the recent report, the revenue grew less than 2% for the two straight quarters. Certain markets are now arguably oversupplied. We are pausing on deals in markets that have experienced a high velocity of deliveries and are also beginning to exhibit declining RevPAR.

  6. 4. Focus On the Value You Provide Guests In case, an investor is looking at the hotels to add to their portfolio, then they must include in the marketing places where they actually want to travel. You must focus on what value you are offering your guests. It will help you to gain more trust while you do an investment.

  7. Furthermore, there are several other blogs that you can follow to get the best out of the investment. And one of them is Why One Should Hire An Investing Firm By Rohil Virani.SOURCE CREDIT:https://medium.com/@rohilviranichairman/rohil-virani-4-considerations-hotel-investors-should-be-mindful-of-in-2021-6d2221613c39

  8. THANK YOU FOR WATCHING

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