Where is the money in wellness for hospitality products? Traditionally wellness does not have a track record of stellar performance in mainstream hotel chains. Most hoteliers report a meagre 1%- to 3% of the total hotel revenue from their spas, one of the fewer direct revenue generating wellness offerings. So the question is: where is the money in wellness and hospitality?
In today’s episode, I’d like to share the eye-opening and insightful interview I had with Leekyung Han is seasoned, incredibly smart and very sharp hotelier who enters hospitality projects before the blueprint phase, that is, when investors are still looking at the viability of the different hospitality products they have at offer. And which makes the most business sense for their investment portfolio.