As a hotel owner, you will inspire confidence, drive results, set and communicate expectations, and oversee the business. You do not necessarily run the day-to-day operation; hotels afford on-site management. Your role is crucial though. Successful businesses require a foot on the accelerator – yours. And you’ll provide oversight, along with vision and planning – about investing in upgrades, motivating management, setting strategy, and completing acquisitions and dispositions.
Cash Flow: Profit from Operations
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