The hospitality industry employs more than 10 percent of the global labor force, making it a key economic-growth engine in both developing and developed countries.
In recent years, though, hospitality businesses have faced many complex challenges, including the integration of emerging technologies such as online distribution channels, revenue management, and mobile apps. Furthermore, the emergence of shared economy platforms such as Airbnb and Uber is further tightening the market. Also, limited access to capital has been exerting additional financial pressure on day-to-day operations, and consumer preferences are leading to growing demand for quality and sophistication. Finally, security and safety issues have caused fluctuations in both occupancy and revenues. Such challenges necessitate an innovative approach that LAU Consult can provide to increase both value and competitive advantage in today’s hospitality businesses.
In particular, LAU Consult’s team of experts can provide your travel, lodging, food-service, or recreation business with the following advisory services in Lebanon, MENA and internationally:
- Franchise support
- Forecasting and benchmarking
- Feasibility studies and market studies
- Hospitality training
- Quality control
- Operation setup and support
- Operation assessment
- Cost and financial results control systems
- Channel and revenue management.