The word hotelier comes from the French hôtelier, hotelkeeper or hotel proprietor, and its Old French root hostel, a lodging. Definitions of hotelier. an owner or manager of hotels. synonyms: hosteller, hotel manager, hotelkeeper, hotelman.
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A hotelier is a person who runs or owns a hotel. If you stay at a hotel, you may never see the hotelier, who is responsible for hiring and managing staff and keeping things running smoothly.
The General Manager is the head of a hotel. He/she is responsible for all hotel operations by proving and implementing developed strategies and services. He/she works very close with managers or directors of the different departments.
The first thing anybody needs to know about hotel investment is that hotels are unlike any other properties. It is a real estate property but it is so different from any other property type.
A condotel is a condominium project that is operated as a hotel with a registration desk, cleaning service and more. The units are typically individually owned. Unit owners also have the option to place their unit in the hotel's rental program where it is rented out like any other hotel room to paying guests.
The income you receive from a hotel room investment is passive. The management company do all the things that a landlord would normally do. They market the property, take bookings, collect 'rent', conduct exit checks, and keep the room clean and well maintained.