Investors To Run Spas if Operators Can't Drive a Profit
During a recent speech in Paris Roger Allen, CEO of RLA, discussed several ways in which hotel spas can make more money and keep investors happy. ''A spa isn't necessarily a good bedfellow for an investor because margins are tough'', said Allen. ''Spas need to get back to actually making money by keeping it simple and creating cash flow - something I've never really seen in any spa business,'' added Allen.
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