{"id":186,"date":"2023-11-21T00:00:00","date_gmt":"2023-11-20T23:00:00","guid":{"rendered":"https:\/\/torres.dev.crehaz.qwair.com\/2023\/11\/21\/money-making-lobbies\/"},"modified":"2025-08-05T13:29:14","modified_gmt":"2025-08-05T11:29:14","slug":"money-making-lobbies","status":"publish","type":"post","link":"https:\/\/torreshospitalityconsulting.com\/en\/2023\/11\/21\/money-making-lobbies\/","title":{"rendered":"Money making lobbies"},"content":{"rendered":"<p>Historically, hotel lobbies have been a dead space where you would be able to find the Reception Desk, Concierge Desk, and a few sofas and couches, chairs and tables where customers would meet up, or visitors would sit to wait for staying guests to come down, and so on.<\/p>\n<p>Revenue generated: 0<\/p>\n<p>For some years now, however, more and more companies measure not just their RevPAR or TRevPAR, but their RevPAM or RevPASM, that is Revenue Per Available Meter (or Square Meter).<\/p>\n<p>And if you get your measuring tape and check on the size of your non-revenue-generating-lobby\u2026you are in trouble.<\/p>\n<p>And that is when some professionals think\u2026what if I add a bar to the Lobby? that will make it more lively, and I will be able to generate revenue. Let&#039;s say you can have a coffee in the same place where the reception is. Great idea. <\/p>\n<p>But what if we take it one step further. What if the bar IS the Lobby? Think The Hoxton Shoreditch or The Edition hotel (both in London).<\/p>\n<p>The reception has become just an \u201cadded value\u201d to the bar\/lobby. Let&#039;s say now we have a bar where you can also check in.<\/p>\n<p>Still not convinced? Ok, let&#039;s think for other alternatives, such as:<\/p>\n<p>What about the classic gift shops and merchandise? does not need to be the old creepy shop run by that old lady. For this, think Marriott and how they&#039;ve revamped their shops\/little convenience stores.<\/p>\n<p>Events, anyone? why does that book presentation need to be on those windowless meeting rooms? why can it not be in your lobby, which is full of character?<\/p>\n<p>Another classis: advertising. Digital signage, touchscreens, even elevator screens\u2026 dear neighbor business: do you want my customers and guests visiting your premises? let&#039;s talk business here\u2026<\/p>\n<p>Pop-up shops and markets: Hotels can partner with local businesses to host pop-up shops and markets in their lobbies. This can be a great way to attract new guests and generate revenue from both guests and locals.<\/p>\n<p>Art galleries and exhibitions: Again, a great way to add life to your lobby, revenue to your pockets, and more customers visiting, having a coffee\u2026you get it.<br \/>\nCo-working spaces: Why not convert part of your lobby into co-working spaces?. This can be a good way to attract business travelers and other professionals who need a place to work on the go.<\/p>\n<p>And last but not least, my beloved upselling and cross-selling: the best revenue generator, that adds value to guests, lets them enjoy a better stay, and helps the team get a healthy commission too!<\/p>\n<p>Let me know which of these ideas you already use\u2026or plan to.<\/p>","protected":false},"excerpt":{"rendered":"<p>Imagine a lobby that serves cappuccinos by day and cocktails by night.<br \/>\nYou check in at the bar instead of a dusty reception desk.<br \/>\nBoutique pop-up shops and art exhibits bring local flavor right to your guests.<br \/>\nCoworking nooks in between sofas keep business travelers happy and productive.<br \/>\nMerch stores and digital ads turn dead space into real profit.<\/p>","protected":false},"author":5,"featured_media":698,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50,59,60,53,48,49],"tags":[],"class_list":["post-186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-consulting","category-fb","category-hotel","category-revenue","category-talent","category-training"],"_links":{"self":[{"href":"https:\/\/torreshospitalityconsulting.com\/en\/wp-json\/wp\/v2\/posts\/186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/torreshospitalityconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/torreshospitalityconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/torreshospitalityconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/torreshospitalityconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=186"}],"version-history":[{"count":1,"href":"https:\/\/torreshospitalityconsulting.com\/en\/wp-json\/wp\/v2\/posts\/186\/revisions"}],"predecessor-version":[{"id":336,"href":"https:\/\/torreshospitalityconsulting.com\/en\/wp-json\/wp\/v2\/posts\/186\/revisions\/336"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/torreshospitalityconsulting.com\/en\/wp-json\/wp\/v2\/media\/698"}],"wp:attachment":[{"href":"https:\/\/torreshospitalityconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/torreshospitalityconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/torreshospitalityconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}