Hotel investors worldwide are jumping at the opportunity to invest in the highly sought-after “boutique hotel.” With the amount of planning and consideration that goes into this kind of investment, you may feel hesitant to jump into the world of intimate hospitality. However, you can find incredible success in this unique investment property with a creative strategy and quality management.
What Is a Boutique Hotel?
Boutique hotels are small and sophisticated properties that provide guests with luxurious and personalized experiences specifically related to the culture of the area. Travelers world wide seek more authentic experiences than a typical chain hotel can provide. They want the intimacy, privacy, and personalized care only a small hotel can offer. Guests love boutique hotels for their unique design aesthetic and authentic cultural references. And successful hotel investors are taking advantage of these desires by developing charming properties known as boutique hotels.
Chain vs. Boutique Hotel
When you check into a hotel chain, you know what to expect average service, bland design aesthetics, and hallway after hallway of identical rooms. The mystique of a boutique hotel is exciting for guests and allows you to sweep them off their feet with excellent service, unique amenities, and jaw-dropping interiors. Large hotel chains have uniform management strategies that keep things pretty similar from country to country.
Boutique hotels allow you to create custom, quality management based on local culture, your specific concept, and your target market.
11 Advantages of Boutique Hotel Management
Creating your own management strategy can seem overwhelming on top of the many mmer aspects of your investment. Fortu-nately, you can outsource your boutique hotel management to professionals such as Namron Hospitality, specialists in creating a strategy tailored to your vision. There are many advantages of boutique hotel property management to consider.
1. INCREASED ROI AND COST-EFFICIENCY
Giving patrons an authentic, memorable and intimate experience is something only boutique hotels can do. The unique qualities of your investment property will have guests raving!
Next time your guests return to the area, they’re sure to come back and may even recommend friends and family stay as well.
2. MEASURABLE PERFORMANCE
Outsourcing your boutique hotel management makes measuring your investment property’s performance easy, allowing you to adjust your strategy accordingly. Performance indicators can help you clearly understand what you’re doing well and what needs to change to increase revenue.
3. STRONG BRAND IDENTITY
Let your imagination run wild! Working with your management team, you can develop a distinct brand identity that will shine through every aspect of your investment strategy.
From initial design concepts to global marketing, you can create a clear picture of your brand and the unique story behind your stunning property.
4. GUEST SATISFACTION
It’s much easier to serve 10 guests than hundreds. With a smaller team of employees, you can set clear service expectations and guidelines for guest complaints or needs. Guests will love the special care and attention they get from the staff. Your hotel’s reputation will shine when you can address guest concerns quickly, personally, and sincerely.
5. UNIQUE SELLING POINTS
Running a boutique hotel allows you the freedom and creativity to build a unique selling point that sets your real estate apart from all others. Is it an incredible location? Top-notch spa amenities? Free cultural experiences? The best food for miles? Develop a USP that resonates with your brand identity and makes each guest’s trip unforgettable.
6. ESTABLISHED CREDIBILITY
By taking advantage of outsourced hotel property management, you can build a credible brand that patrons feel confident booking from across the world. Namron Hospitality can help you implement effective marketing strategies that help your boutique hotel build a reputable name.
7. INVESTMENT OVER MANAGEMENT
Hotel investors have enough on their plate; the last thing you need is the complexity of managing your hotel on your own. A qualified hospitality management team is dedicated to turning your dream into a reality, allowing you to focus on other important things, such as your next successful investment!
8. CREATIVE DIGITAL MARKETING
Gone are the days of adhering to chain hotels’ boring, cookie-cutter marketing plans. A boutique hotel allows you the freedom to advertise your property in innovative ways that fit your brand’s aesthetic and reach your target audience.
9. DISTINCT TARGET AUDIENCES
Based on your location and goals, you can tailor your propertyand marketing to specific demographics. Is your hotel a private, romantic getaway for honeymooners? Is it a tropical paradise filled with activities for families? Is it the hotspot for young travelers to escape their 9-5 and enjoy the poolside bar? A boutique hotel allows you the freedom to attract whatever guest you want.
10. THE INSTAGRAM AESTHETIC
These days, everyone loves a good photo op. Creating a beautifully designed space is a fun and creative process that will bring more guests to your investment property. Unlike the uniform, predictable design of chain hotels, boutique hotels have the freedom to create beautiful views and places for guests to take pictures. Challenge your guests to post and tag their photos so family and friends know where to go for their next trip!
11. EXCEPTIONAL CUSTOMER CARE
Your chosen hotel property management company works closely with you to tailor a standard of service that fits your vision. Patrons will appreciate the highly personalized care and rave about it, improving your reputation and increasing bookings!
TAKE YOUR CONCEPT FROM FANTASY TO REALITY
With the help of Namron Hospitality, you can create your dream boutique hotel for a reasonable cost and outsource management to one of the most qualified names in the business. Hotel investors can create an effective boutique hotel management strategy, maximize the return on their investment property, and find optimal success.