Now showing items 1-10 of 1990
The Events Industry and its Napster Moment
Zoom has unexpectedly changed the course of the entire Events Industry. Offset by the COVID-19 pandemic, meeting professionals have pivoted to the Zoom platform. Researchers have linked the introduction of virtual conventions ...
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 ...
Hospitality and COVID-19: How long until ‘no vacancy’ for US hotels?
(McKinsey & Company, 2020-06-10)
The hospitality industry has taken a huge hit with the explosion of Covid-19 cases. Research suggests that it could take until 2023 or later to recover. This article addresses the recovery scenarios for US hotels, what ...
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.
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 ...