HomeLeadershipLeadership StrategiesHotels Spent Decades Chasing Occupancy. Now the Smartest Ones Are Walking Away...

Hotels Spent Decades Chasing Occupancy. Now the Smartest Ones Are Walking Away From It.

 By Pierre Marechal, Vice President, Strategic Advisory & Asset Management at JLL For many hotel owners and investors, conversations about RevPAR growth often begin with a familiar question: Can we push rates higher? For decades, commercial strategies have largely revolved around a handful of established levers—increasing retail pricing, renegotiating corporate rates, improving wholesale contracts, or…

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