Library Archives

 
Rocco Bova

It has been a long journey for boutique hotels. In the last 40 years (or so), this concept has dramatically changed the landscape of standard, box-type hotels selling average experiences and mostly clean rooms and hot breakfast. The disruption continues with the birth of similar-ish concepts that have evolved as well as how they are perceived around the world. I have followed this phenomenon for many years now and I hope you will enjoy my point of view and insights on this topic. Read on...

Cristine Henderson

Whether you love them, or love to hate them, millennials are often characterized as disruptors across many industries. This generation has definitely made its mark on the hotel industry, especially where design is concerned. Known for innovation, affinity to technology, and often associated with the advent of social media, millennials are making changes throughout the consumer landscape. Read ahead to see how all these characteristics are translating into the future of our industry. And don't worry, short-term rental services are not quite the death sentence they are painted to be. From selfies to sleek finishes, millennials are shaking things up. Read on...

Ed Fuller

Hospitality industry leader Ed Fuller shares his expertise on the importance of hotel safety and security preparedness in today's tumultuous times. The need for hotels, both large and small, to have crisis management and a crisis communications management plan in place at all times has never been more urgent. Hopefully, hotel executives will never need to activate these plans but being prepared is paramount. Additionally, Fuller highlights several news stories that sparked a media relations nightmare for several national brands offering readers insight on how local incidents can become front page news thanks to people's smart phones. Read on...

Gino Engels

In order to best position your hotel in a competitive marketplace, it is essential to have an airtight revenue strategy so that room prices are priced right every time. While that sounds simple enough, it is important to remember that there are four key factors (events, timing, trends and competition) that need to be accounted for in order to accurately forecast demand and maximize revenue for a hotel. In this article, Gino Engels, CCO and co-founder at OTA Insight, discusses why these factors matter and how to extract exploitable data and insights from each. Read on...

Paul van Meerendonk

Get as much heads in beds as possible while optimizing your hotel's profit potential. This straightforward definition of a revenue manager's job probably rings true for many of us in the industry. However, if a revenue manager is solely focused on guest-room pricing, then who's in charge of enhancing revenue for the rest of your property? Hotels can generate more than half of their revenue on non-room revenue streams, yet traditional revenue managers and revenue management systems still take a limited "heads-in-beds" approach. So, how do we best decide what business to accept when faced with the complexities of multiple revenue stream considerations like function-space booking? Read on...

Lily Mockerman

How can hotels successfully expand their revenue strategy beyond occupancy? Is heads-in-beds truly the only method for increasing revenue and profits? When should occupancy be a priority, and when should hotels minimize occupancy for maximum revenue? With expert advice, years of experience and thoughtful analysis, president and CEO of Total Customized Revenue Management Lily Mockerman discusses both the benefits and the drawbacks of relying on occupancy as the sole indicator of a hotel's performance. Read on...

Ashley Halberda

In light of the "Me Too" and "Times Up" movement, recently passed County Hotel Worker Protection Act of 2018 will be requiring hotels to develop, maintain, and comply with new sexual harassment policies. With this new industry-wide pledge, hotel leaders agreed to enforce stronger safety and security measures for hotel employees. One of the ways they plan to carry this mission is through the use of safety devices known as "panic buttons." These new laws and regulations come at a pretty steep price to hotel employers, we want you to know what you can do to ensure you're protected. Read on...

Benson Brown

I travel frequently throughout the country for both business and pleasure. At every hotel, the rooms get smarter and smarter with each visit. Just a short time ago, free, fast Wi-Fi was considered a must for the digital age. Now, the digital boundaries seem to be endless. Read on...

Benson Brown

Les Clefs d'Or "test" 'test-123' Test@123 Read on...

John Welty

Those who don't have an Amazon Alexa or similar smart device in their homes likely know family or friends who do. These new smart speakers and their Google and Apple counterparts are quickly becoming a part of daily routines as many go to their smart speakers first to check the weather, set alarms or play their favorite songs. Now, hotels are adopting this and other new technologies to help guests stay connected through the technology they have become accustomed to at home. Although providing this new level of service can be a win-win for many hotel owners and operators, hotels who implement this new technology could be increasing their exposures to new risks. Read on...

Nancy Brown

Disaster resilience is a core concept for contemporary hotel disaster/crisis management objectives. Resilience building provides flexibility, improved capacity to adapt, and leverage against the continually changing tourism environment. Understanding the value of resilience can make the difference in prioritizing this vital tool. The interconnectedness of the tourism sector worldwide requires novel approaches to assessing organizational strengths - organizations' face the need to develop potential solutions to unknown challenges. Building disaster resilience offers a potentially multi-faceted solution sets to todays', and tomorrows', challenges. This is the first article in a four-part series... Read on...

Adam Gillespie

Hotel technology entrepreneur Adria Levtchenko is CEO and Co-Founder of PurpleCloud Technologies, whose flagship product, Cielo, is a software platform that provides real-time access to data and analytics for operational associates and managers in the hotel industry.Hotel technology entrepreneur Adria Levtchenko is CEO and Co-Founder of PurpleCloud Technologies, whose flagship product, Cielo, is a software platform that provides real-time access to data and analytics for operational associates and managers in the hotel industry. Read on...

Tyler Tatum

Testing Read on...

Mukesh Kumar

New hotel brands are being developed on an almost daily basis, to the point that it becomes confusing for guests and the public to identify what brand belongs to whom. In some instances, hotel groups are buying out existing brands to get their reservations book, while in others they are building new brands from the ground up. Is there a solid business case to be made for the proliferation in new brands, or is it overkill? Court Williams, CEO of HVS Executive Search analyses the benefits and disadvantages to all stakeholders, to determine whether this state of affairs is good for the hospitality industry over the long-term, or simply a short-sighted strategy without a future. Read on...

Mukesh Kumar

Regardless of how technologically driven or popular a hotel brand is, customer service can truly make or break a hospitality experience. While our homes and daily lives can be reliant upon Alexa, hotel experiences still require personal touches and a "ready to serve" experience. What can we do to consistently deliver high customer satisfaction rates? This article takes a deeper dive into a variety of different approaches which hotel management can implement to continually motivate their employees leaving customers feeling positive, satisfied and fulfilled from the overall experience. Read on...

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Coming up in May 2019...

Eco-Friendly Practices: Corporate Social Responsibility

The hotel industry has undertaken a long-term effort to build more responsible and socially conscious businesses. What began with small efforts to reduce waste - such as paperless checkouts and refillable soap dispensers - has evolved into an international movement toward implementing sustainable development practices. In addition to establishing themselves as good corporate citizens, adopting eco-friendly practices is sound business for hotels. According to a recent report from Deloitte, 95% of business travelers believe the hotel industry should be undertaking “green” initiatives, and Millennials are twice as likely to support brands with strong management of environmental and social issues. Given these conclusions, hotels are continuing to innovate in the areas of environmental sustainability. For example, one leading hotel chain has designed special elevators that collect kinetic energy from the moving lift and in the process, they have reduced their energy consumption by 50%  over conventional elevators. Also, they installed an advanced air conditioning system which employs a magnetic mechanical system that makes them more energy efficient. Other hotels are installing Intelligent Building Systems which monitor and control temperatures in rooms, common areas and swimming pools, as well as ventilation and cold water systems. Some hotels are installing Electric Vehicle charging stations, planting rooftop gardens, implementing stringent recycling programs, and insisting on the use of biodegradable materials. Another trend is the creation of Green Teams within a hotel's operation that are tasked to implement earth-friendly practices and manage budgets for green projects. Some hotels have even gone so far as to curtail or eliminate room service, believing that keeping the kitchen open 24/7 isn't terribly sustainable. The May issue of the Hotel Business Review will document what some hotels are doing to integrate sustainable practices into their operations and how they are benefiting from them.