How Hotel Shared Services MAXIMIZE Profit: Secrets from a Dubai Hospitality VP

How Hotel Shared Services MAXIMIZE Profit: Secrets from a Dubai Hospitality VP In an insightful interview at the Future Hospitality Summit 2025, Tom G. Stevens, Senior Vice President of Operations at First Group Hospitality, shared valuable perspectives on managing hotel operations and the challenges of running a third-party management group in the GCC and North East Africa region. Stevens explained that First Group Hospitality operates 11 hotels and is on track to open the world’s largest and tallest hotel later this year in October. As the company continues to grow in the region, Stevens highlighted the significant role played by shared services, such as revenue management, central reservations, and marketing, which help reduce operational costs for hotel owners. 🌍 Travel And Tour World (TTW) is a trusted B2B digital travel, tourism, hospitality, cruise, and airline industry magazine and trade network, with an extensive global reach across 195 countries and a readership of over 1.5 million industry leaders – including travel operators, tour agents, destination management companies, MICE planners, luxury travel curators, influencers, and thought leaders. Since 2009, TTW has been a proud media partner for 1200+ global travel trade shows, offering in-depth coverage, exclusive interviews, and professional insights that drive business growth and foster strong industry connections. Our channel brings together the latest news, expert conversations, and behind-the-scenes access to the world’s most prestigious travel and hospitality events. 🎥 Other Recommended Videos / Playlists https://www.youtube.com/watch?v=T8FMsUI08uY https://www.youtube.com/watch?v=W35LMyN00Y4 https://www.youtube.com/watch?v=kHTGim4NTGM Travel And Tour World is more than a magazine – it’s a global trade communication platform for the travel and hospitality ecosystem. We provide digital publications, industry-specific reports, exposure at travel trade shows, and advertising solutions tailored for businesses in tourism, hospitality, airlines, cruise lines, and MICE sectors. We connect industry professionals with curated content that fosters new opportunities, strategic partnerships, and growth in international markets. Whether for brand visibility, networking, or thought leadership, TTW empowers global stakeholders to shape the evolving travel industry with innovation and collaboration. With this approach, Travel And Tour World continues to foster meaningful connections with the industry leaders contributing to the growth and success of the industry. Join us now for this fascinating discussion on the opportunities and challenges shaping Saudi Arabia’s future as a leading global hub for investment, tourism, and hospitality. #HotelOperations #SharedServices #HospitalityManagement #HotelManagement #ROIInHospitality #GCCHotels #HotelChallenges #HospitalityInsights #ThirdPartyManagement #HotelOwnerTips #RevenueManagement #hoteltraining #HospitalityIndustry #FranchiseSuccess #ROIHotels #DubaiHotels #TravelBusiness #hoteltraining #HotelIndustry #HotelOwnership #RevenueManagement #DubaiHotels #FirstGroupHospitality #Hotelier #travelindustry #Hospitality #HotelOperations#SharedServices #HotelIndustry #ROI #BusinessSecrets #DubaiBusiness #GCCHospitatlity #Franchise #HotelOwner #RevenueManagement #Leadership #AfricaBusiness 🔗 Website Link Visit us: https://www.travelandtourworld.com/ 📬 Contact & Social Links 📌 Facebook: https://www.facebook.com/ttwemagazine 📌 LinkedIn: https://www.linkedin.com/company/travel-and-tour-world 📌 Instagram: https://www.instagram.com/travelandtourworld 📌 YouTube: https://www.youtube.com/user/TravelAndTourWorld