Insights With Trent Munday
Spa Business Model Series - Management Company #643
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:06:41
- More information
Informações:
Synopsis
For many Hotels, partnering with a Spa Management company to operate the Spa is a good idea. There are, nonetheless, many potential conflicts that may arise. Thus, hammering out the details of Management Agreement beforehand is essential. Key Commercial Terms, Expense Allocations, Marketing & Promotions, Guest Data, etc are all big conversations that must be had. The major PRO for the Hotel in adopting a business model such as this for their Spa is not having the day-to-day operational burden of the Spa. The major CON is that they need to give us a good slice of the Spa Revenue...and often, control. #hotelspa #spabusiness #businessmodel #spamanagement