Explore perspectives from the CRR Hospitality team on outdoor hospitality management, asset strategy, guest experience innovation, and the trends shaping the future of the industry. This is where we share what we’re learning, building, and thinking about.
RV parks have become synonymous with the quintessential American road trip. But modern RV parks are also embracing sustainable practices, including energy efficiency solutions, to reduce costs and minimize their environmental impact. From cutting-edge technologies to community-driven initiatives, RV parks are taking steps to create a more sustainable future. Key Takeaways RV parks are embracing […]
The hospitality industry is changing, and businesses are increasingly focused on implementing eco-friendly solutions to reduce their environmental impact. Outdoor hospitality establishments have a unique opportunity to embrace sustainable practices that not only benefit the environment but also enhance guest experience. Eco-friendly solutions for outdoor hospitality have become a trend, not only because of environmental […]
Glamping, or luxury camping, has rapidly gained popularity in recent years. Travelers who seek outdoor experiences but with the comfort and amenities of a hotel have found glamping to be an ideal option. From dome-shaped tents to treehouses and yurts, glamping accommodations offer unique experiences that enhance the camping experience. However, the competition in the […]
Capital allocation is a critical aspect of campground development projects, and it can greatly impact the success of the project. Smart capital allocation strategies can help optimize the allocation of capital, maximize return on investment, and ensure the timely completion of projects. In this article, we will explore the significance of capital allocation and the […]
Financial forecasting is a critical aspect of effective financial planning in the hospitality industry. It involves predicting future financial performance based on historical data, current trends, and market analysis. In an industry as dynamic and complex as hospitality, accurate forecasting is essential for effective revenue management, budgeting, and strategic planning. Predictive analytics has emerged as […]
Investing in campgrounds can be a highly profitable venture, but it requires careful analysis and strategic planning. Campground investors must consider a variety of factors, including location, demand, and competition, to make informed investment decisions. In addition, a thorough financial analysis is necessary to assess the viability of a campground investment and to develop effective […]
