Management

According to CBRE’s September 2022 Hotel Horizons® forecast for the overall U.S. lodging industry, rooms revenue per-available-room (RevPAR) will exceed 2019 annual levels in 2022…
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Hotels have probably submitted the budget for 2023 by now, most likely in the traditional format of the P&L with revenue by a few revenue sources and then an endless number of rows outlining the different cost categories…
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From references to Hugh Hefner to learning from his five daughters and how to ace media interviews, this interview with Steve Hafner, CEO and co-founder of KAYAK, covers it all…
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The impact of climate change, the ongoing energy crisis and increased political “polarisation” across the world are among the top risks that businesses face in 2023, according to security specialist Healix International…
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There are a few statistics that stay top-of-mind for any hotel manager: Occupancy rate, or the percentage of rooms that are full on any given night, is one of the big ones — and with good reason.
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IHG Hotels and Resorts has signed a long-term commercial agreement with Iberostar for resorts and all-inclusive hotels.
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It’s been long accepted that a hotel’s ebbing low-season revenue is just another one of the industry’s unpleasant realities. No matter how large or small the property is, every hotel owner has struggled with managing the slower season…
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As the hotel industry continues to recover from the COVID-19 pandemic, hotels are looking for opportunities to drive top-line sales.
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As the hospitality industry returns to the new normal, internal audit departments along with their corporate finance and hotel operations teams have to examine their approach to achieving coverage and compliance with internal controls across their…
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Hotels that have traditionally catered to corporate travelers mean business when they adapt and add amenities to tap the pandemic-era boom in leisure travel.
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The rise of Airbnb has revealed consumer preferences to be more flexible than previously assumed. Independent hotel company Room2 is responding by innovating in lodging brand standards with $110 million in fresh, net-zero development…
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If you do not have all three of these metrics on your radar screen at the same time, you are flying the profit picture in your food operation with at least one eye closed…
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I’ve been thinking a lot lately about moving forward in the field of Hospitality Revenue Optimization.
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Giving hotel employees the opportunity to organize their professional lives via part-time work, remote work and flexible scheduling brings benefits not just to the personnel’s work-life balance but also to the organization and its capacity for…
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Nothing is more nerve-wracking and then satisfying than opening a new hotel…
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It’s likely part of every hotel organization’s reason of being to provide guests a welcome place while traveling where they can get a good night’s sleep to feel refreshed for the road ahead…
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Global hotel rates have declined since early June as slower demand from leisure travellers helped bring down corporate prices, particularly in “primary markets that entertain a strong mix of business and leisure travel," according to a new report…
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As a hotel manager, it’s likely that you’ve thought of virtually everything when it comes to ensuring the ultimate guest experience at your property…
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Before March 2020, hotel operations varied hugely. The sector was on a high…
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Going on a vacation might seem like a rather unconventional way to try to improve your sleep habits.
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In a perfect world, increasing size and scale should lead to operating efficiencies, improved profit margins, a strong growth trajectory (both per unit and in the number of units), career opportunities for employees, and competitive prices and…
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More pet owners are looking for ways to share their traveling experience with their furry friends, so what do guests like or dislike when it comes to a pet-friendly hotel experience? Explore our selection of guest reviews…
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A game of maximising revenues and controlling costs, hears HVS seminar.
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Hotel prices are set to rise “across the board” in 2023 with European cities likely to see some of the steepest increases, according to a new report from American Express Global Business Travel.
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