TFG Asset Management is excited to work with The Hong Kong Polytechnic University (PolyU) for their next white paper. After the success of our last white paper “The Impact of Staff Turnover”, the group is already planning its next release. TFG Asset Management aims with these white papers to create awareness in the market by providing the industry with insights into some of the most important topics in the hospitality sector.
For our next topic we have focused our attention on revenue management practices around the world and the application of these in the Dubai market. Hospitality revenue management aims to attain the maximum yield from a properties inventory using data-driven analytical tools and strategies. It has become increasingly important for hotels to maximize their revenue to reaffirm owners and investors sentiment. At TFG Asset Management we constantly revise our revenue management strategies and monitor our properties performance in order to maintain above market returns.
In order to build this white paper, TFG Asset Management will work with a group of students doing their MSc in Global Hospitality Business (MGH). The MGH is an 18-month course in which students will pursue their studies across three continents in the three highly acclaimed universities Ecole Hôtelière Lausanne, School of Hotel and Tourism Management at PolyU and Conrad N. Hilton at the University of Houston. As part of their curriculum the students will have to conduct an academic business project called the Capstone consulting project, one of these projects will be TFGAM’s white paper. During the project three students coached by academic experts will work with TFGAM to gain important insight and actionable solutions.
We look forward to sharing our findings and giving industry professionals the knowledge and tools to increase performance at their properties.
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