Now showing items 1-10 of 560
7 Strategies To Improve Recruitment For Diversity In Hospitality
If you are looking to boost productivity within your company, you need to be proactive about diversity. Along with a larger talent pool, diversity within a team offers many other perks such as a better representation of ...
An Overview of Franchising In The Hospitality Industry
(Jurnal Binus Business Review, 2010)
Nowadays, franchising is the most significant part of the hospitality industry through hotels and fast food restaurant. Franchisor gives the right to the franchisee to sell their product and service also to sub-franchise ...
7 tips to adjust a hotel’s benchmark cap rate
A hotel’s cash-flow generation potential determines its fair market value. According to the income capitalization method, a hotel’s projected cash-flow from the following year is divided by cap rate to determine its current ...
Hotel sales tips from real-world meeting planners
(Hotel News Now, 2017-09)
Insights from interviews with meeting planners include ideas for how hotels can personalize their RFPs and event experiences to boost bookings.
California's Glorietta Bay Inn invests in sustainability
Historic resort hotel Glorietta Bay Inn in Coronado,Calif., unveiled several recent investments in environmental initiatives and sustainable solutions for the property's ongoing daily hotel operations. The initiatives ...
4 summer travel trends and how to capitalize on them
More U.S. travelers are set to travel this summer, and they are expected to spend more this year compared to last year, according to sources. And this article presents a roundup of some U.S. summer travel trends this year ...
Seismic shift coming to revenue management, experts say
(Hotel News Now, 2019-02-14)
Those involved in revenue management say the next 18 months to five years will be a critical transition period of hiring, consolidation and hyper-personalization with the guest.
What I learned from the Marriott family
(Hotel News Now, 2017-06-13)
The Uniqueness of Revenue Management Approaches in Nontraditional Settings: The Case of The Golf Industry [Summary]
(Virginia Tech, 2019-02-22)
This study focuses on two demand and supply characteristics that may affect the transferability of revenue management (RM) practices from traditional (e.g., hotels) to nontraditional (e.g., golf, restaurants, entertainment ...
STR: Super Bowl impact exceeds expectations for Atlanta
(Hotel News Now, 2019-02-18)
Atlanta's hotels reported a 387.2% RevPAR increase over Super Bowl weekend as occupancy rose 40.4% and ADR increased 246.5%.