What are the nitty gritty of managing a hotel?

[Kross]

Hotels are the crux of the hospitality industry and they can be pretty lucrative, if managed well.

What are the basic management practices that would make a hotel to be very profitable? What can constitute mismanagement in a hotel business?

 

[Trush Jodie]

The core of managing a hotel is to ensure safety and comfort within the realistic limits of the amount charged.