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The pandemic significantly impacted the real estate industry around the world, with U.S. hotels being one of the hardest hit sectors. As COVID-19 mitigation measures continue to be lifted, travel for both leisure and business are picking back up. The Southeast has long been a tourism hotspot in the U.S., so what does this mean for the region's hotel economy? READ MORE
The pandemic has impacted us all in the way we live, work and play. Additionally, the pandemic has impacted our businesses, how we work and where we work. The issues from the pandemic also impacted the hospitality legal environment. This article will highlight multiple areas of lodging and hospitality operations, as human resources, safety and security, and technology. READ MORE
Hotel design has always been an exciting aspect of our industry. The sizzle of the steak. However, the pandemic has re-emphasized the dual nature of hotel design: what appeals to guests must also work to help contain operating costs and improve operating efficiencies. Moreover, in today's dynamic industry, we must also consider what works best for our valued team members. READ MORE
Rising numbers of travelers are utilizing hotels as hybrid live/workspaces, prompting the emergence of flexible new solutions and a boom in renovations and new construction. Developers are, simultaneously, taking the opportunity to enhance their safety protocols…but, as they race to meet travelers' evolving needs, are they missing some overlooked ways design can lessen the likelihood of a crisis? READ MORE
While research studies have investigated the effects of green practices or solid waste management in hotels, few have clarified the effect of pre- and post-operational issues related to food waste arising from the product ranges of hotels and restaurants. In addition, food waste is not yet accepted as an important sustainable practice in many countries over concerns that food waste reduction efforts may hamper guest satisfaction. READ MORE
This article emphasizes the importance of introducing the benefits of AI to hotel guest. Key areas of AI uses to enhance the guest experience are identified. Skepticism of AI integration has created hesitation in interactions and adoptions of AI. Once guest understand the reasoning behind AI technology then properties will gain their trust and loyalty.
READ MOREThere is a lot that goes into hiring the best leaders, but often the vision gets cloudy when you are under stress to achieve results that include taking care of shareholders, guests, and other staff members. Learn how to stay focused and keep your eyes on the process that will help you secure covenantal leaders for your organization both now and for its future.
READ MORESustainability is in the news constantly. As a headline, it is a relevant topic that has not been fully embraced. The argument is that sustainability is good business. The issue is making that connection for hospitality businesses and finding the price and value sweet spot for lodging and other hospitality businesses. This article will review trends and share benchmark sustainability business practices.
READ MOREWellness facilities, services, and amenities can significantly enhance overall revenue generation and profitability at hotels-if chosen wisely. In this article, we explore key factors that investors, developers, and operators should consider when selecting suitable wellness features. We also delve into specific wellness offerings that can deliver the highest returns on investment, helping stakeholders make strategic and profitable decisions.
READ MOREIt is no secret that there has been a transformation in board governance throughout the lodging sector - from small family-owned inns to a mega-resorts. Hotels, especially larger chains, began to adopt formal governance frameworks, including the establishment of independent boards of directors. Looking ahead, the future of board governance in the hotel industry will be shaped by five key trends. Can you name them?
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