Month: February 2025

The hospitality industry has undergone a profound transformation over the past decade, largely driven by the rise of short-term rental platforms such as Airbnb, Vrbo, and other home-sharing services. What started as an alternative for budget-conscious travelers has evolved into a legitimate competitor to traditional hotels, reshaping the industry’s competitive landscape. For investors in hospitality… Continue reading How Short-Term Rentals Are Competing with Traditional Hotels: What Investors Should Know

The hospitality industry thrives on seasonal trends, with peak seasons bringing an influx of travelers and increased revenue. However, the off-season presents a unique challenge for hoteliers seeking to maintain profitability. Instead of accepting low occupancy rates as an inevitable downturn, hotels can implement innovative strategies to attract guests and drive revenue year-round. Legendary Capital… Continue reading Maximizing Hotel Revenue During the Off-Season: Strategies for Year-Round Profitability

In recent years, wellness tourism has emerged as one of the fastest-growing segments of the global travel industry. More than just a passing trend, Legendary Capital of North Dakota understands that this shift signifies a fundamental change in consumer preferences as travelers increasingly seek experiences that promote physical, mental, and emotional well-being. Hotels and resorts… Continue reading How Wellness Tourism is Reshaping the Hospitality Industry

The hospitality industry is undergoing a significant transformation, driven by a combination of economic, environmental, and cultural factors. One of the most notable trends in recent years is adaptive reuse—the process of converting existing structures, such as historic buildings, office spaces, and underutilized properties, into hotels. Corey Maple emphasizes that this approach offers a compelling… Continue reading Adaptive Reuse in Hospitality: Transforming Existing Buildings into Hotels