HOTELIER Magazine 2nd issue - English | Page 2

Hayk Voskanyan & Vrezh Madoyan HOTELIER LLC +374 91 180018 +374 93 223400 [email protected] Translated by Davit Martirosyan As any hotelier knows, metrics are an important tool to measure success. Sure, the hotel industry is all about people, whether we’re talking about hotel guests or the associates who serve them. But at the end of the day, the numbers matter because usually, they don’t MAGAZINE lie — in fact, they often tell the real story. That is why when hoteliers get together, apart from catching up on recent news in the industry, they tend to ask each other a litany of questions including ‘How’s occupancy?’ ‘How good is your average daily rate?’ and more importantly ‘What’s your RevPAR?’ To measure the overall health of the industry, they might also talk about who is buying what and the total investment value of the industry. United by our passion for the hospitality sector, in the magazine our experts share their experience and insight in order to help hospitality businesses increase profitability, improve brand loyalty, and outperform their peers. As hoteliers, managers and hospitality industry representatives, you can benefit from the accumulated years of experience of experts in the sector generally, and in various niche aspects. You’re welcome to contact our advisors for constructive advice and opinions, whether for long term projects or individual issues that face your business. Scan for the 1st issue EMBOSS LAQ Vayk Hotel & Tourism Information Center