Hotels in Milan: how to expand your business

Looking at large cities like Milan, it is immediately clear that hotels can be divided into two main categories: large hotel chains and individual hotels, in which smaller, perhaps family-run establishments are also present.

From a business point of view, it is difficult to say whether a partner hotel of a large chain or an individual hotel is better, because if in a hotel - however small it may be - things are done well, especially at a managerial level, business will work. What is certain is that large chains have a better chance as they have more hotels to achieve the desired results.

Italy is a country that boasts 33,000 hotels, of which 2.5% are hotel companies and the remaining percentage are individual hotels. Both can live perfectly well, but one difference can be found in the presence of more degrees of 'managerialisation' within hotel chains. In individual hotels, many times, it is the owner who manages several aspects, which in a large reality would instead be entrusted to different types of managers.

It happens, in fact, that individual hotels often tend to draw inspiration from large hotel companies to try to be better performers, to be chosen more and thus to increase their business.

Expanding your business is always possible at every level, and the secret is always to put a lot of emphasis on training your staff and employees, as every worker can be a real added value, capable of bringing increased turnover and increased business.

Expanding your hotel business in Milan: how to manage suppliers

There are always many suppliers, and managing them in the best possible way allows you to avoid unpleasant incidents that could negatively affect your business.

Every hotel has a purchasing department that takes care of all supplies of all kinds and genres; much depends on the type of purchase to be made, since there are price lists in the possession of the hotel and ready to be consulted. There is a specific department, the bursar's office, within which most of the suppliers pass, in order to keep every cog in the wheel of the hotel in question turning at all times, with the aim of guaranteeing quality, development and tidy accounts.

Photos of Daryan Shamkhali at Unsplash