Sunday February 24, 2019 06:50
Lifestyle Press Release : 02 May 2017
Bangkok, Thailand: Emirates' premium and loyal customers can now enjoy even greater levels of comfort, hospitality and convenience with the opening of a new, larger Emirates Airport Lounge at Suvarnabhumi Airport. All Emirates First Class and Business
This is a marked departure from the prevalent fee structure in the hospitality sector, where hotel operators receive a base fee as a percentage of gross revenue and an incentive fee based on the gross operating profit.
Olivier Harnisch, CEO of Emaar Hospitality Group, said the new management fee model sets an industry benchmark. "There will be greater responsibility on the operator to drive operating profits that will create sustained value for hotel owners, unlike under the prevailing model, where the operator earns a base management fee regardless of operating expenses.
Marriott Executive Apartments Sathorn Vista recently celebrated its 8-year anniversary by hosting an exclusive poolside party alongside some tempting activities, performance, foods and booze. Marriott Executive Apartments Sathorn Vista, led by Mr. Adrian