Introduction
Life House, an innovative hotel management company, has launched a comprehensive referral program designed to support the hospitality industry during a period of decreased transaction and development activity. This initiative specifically aims to assist brokers, developers, architects, designers, and hotel owners who have been particularly impacted by current market conditions.
Hosting Industry Success
Life House’s tech-driven management approach has proven transformative for independent hotels, with case studies demonstrating remarkable NOI increases of 250% alongside enhanced guest experiences. The company’s proprietary technology and sophisticated operating systems have delivered consistent success across a diverse portfolio of over 100 properties, ranging from select service hotels to luxury Forbes Five Star establishments and Leading Hotels of the World affiliates.
Welcoming Collaborative Growth
The new referral program offers substantial rewards for successful introductions, with potential earnings up to $50,000 depending on hotel size. When a referral leads to a Hotel Management Agreement, the referrer receives a one-time reward of 0.5% of LTM Revenue for existing operating hotels or 0.5% of Projected Year 1 Revenue for new builds and renovation projects.
Serving Industry Partners
“We’re deeply committed to our mission of helping not only independent hotel owners but the industry as a whole,” explains Rami Zeidan, Founder & CEO of Life House. “We understand that the hotel industry is small, and while most of our friends and broker partners make referrals out of the goodness of their hospitality spirit, we wanted to be proactive to reward those who may be going through a dry patch in this economic environment.”
Innovating Hospitality Management
Life House’s approach represents a significant evolution in hotel management, leveraging advanced software and operating systems to increase profitability and reliability for independent hotels throughout North America. Since its founding in 2017 by real estate, hospitality, and technology veterans, the company has focused on making hotels more profitable, predictable, and seamless for owners.
The referral program demonstrates Life House’s commitment to supporting the broader hospitality ecosystem during challenging economic times while continuing to advance its mission of transforming hotel operations through innovative technology and management practices.
