Rearranging of the hotel market

The serious decline in the number of guests will result a serious rearrangement on the domestic hotel market. The three-or four-star hotels are likely to survive the crisis better, and even get a competitive advantage over the higher category hotels.

The rearrangement is also likely, because in the past few years due to the favorable credits many hotel projects have been started. Since then, many projects have been stopped. Many hotels have been built, which cannot provide a professional service or the hotel is operating in the wrong place where the targetet clientele is not real. The market participants are trying to overcome the difficulties with reducing costs and staff redundancies, but these steps are decreasing the quality. The way out for the hotels can be complex service like: sailboat-, balneo-, gastro-and wine-tourism. These servives do not necessarily require new and costly investments, however broadens the hotel supply with significant added value. Another way out can be the acquisitions of capitalized investors – reports Napi Online.