It takes an enormous amount of water—about 2,800 gallons of it—to wash a queen-size bed sheet. Factor in the chemicals needed to sanitize the sheets along with the annual cost of replacing hotel linens—which have risen by about 25 to 35 percent due to theft and persistent stains—and that gives you an idea of how much it takes to run a hotel.
Profit margin growth
All these take a toll on the business’ bottom line. As rising costs become an even bigger source of problem for owners of hospitality businesses, finding specific and effective ways to reduce those costs can mean the difference between noticeable and zero profit margin growth.
Cutting down on costs
With revolutionary cleaning technology, hotels along with hospitals or cruise ships can provide their guests with clean sheets every single time, all without spending more than they need to. If you are thinking about buying a hotel or in the process of investing in one, then paying attention to these issues matter. Learning more about these measures can help you work out steps to protect your assets.
Investing in a hotel
Find out how clean tech is changing hotel linens. The information you’ll learn can save you plenty of money on your investment. Technology that can keep hotel linens clean at a much-reduced cost can give your business the edge it needs to go against established competitors in the industry. Make things easier by working together with experienced hotel brokers.
Hiring brokers
Brokers from established industry players have the training, knowledge, and network to help you find the hotel property for sale that meets your needs and budget. If you are ready to enter the hotel business or want to be a partner in a hospitality business venture, look for reputable brokers. Don’t waste your time trying to look for properties when you have no clue where to look or what factors to consider. Hire pros to expedite the process and provide you with a list of properties that hit the mark for you.
Conclusion
If you want a hotel that meets most—it not all—of your requirements, then make an appointment with hotel brokers from NewGen Advisory today. Talk to us about what you want, and we will help you move forward with your plans. With our knowledge of the market, we continue to find new and better ways to help you achieve high profit margins with your hotel business.