Evolution equals success in the hospitality industry. The best restaurants and hotels are constantly refining, improving and evolving the product and experience they present to their guests. In turn, guests continue to elevate their expectations, becoming increasingly savvier and knowledgeable about food and wine. Banquet dining is no exception to the laws of evolution. Hotels that emphasize creativity and quality in plate presentation and ingredients will capture the lion's share of banquet business in their market. The industry is trending towards consumer expectations that they will enjoy a better banquet experience at a good hotel, than at an independent restaurant. It's a cyclical trend; in the past, consumers expected the best food to be found in hotels, where the owners and managers could better afford to hire, train and retain skilled employees. READ MORE

First it was a restaurant; then it was a gym; now the "must have" for luxury hotels is a spa. Responding to the increasing demands of luxury travelers for pampering and self-indulgence, several members of Small Luxury Hotels of the World have either opened a spa in the last year or are planning to do so in the coming year. Spas are truly changing the landscape of hotels and the way in which hoteliers structure their properties. Be it for business or leisure, guests are looking for those extra amenities to make their stay special. A spa is now that one thing that really represents the luxury lifestyle-experience. READ MORE

Experts are predicting that last winter's record high prices for natural gas are likely to become the new baseline for the near future. In any event, high gas prices will likely pose a continuing challenge for the lodging industry and others that rely on gas to a large degree. According to the latest data available from the US Energy Information Administration (EIA), the lodging industry annually spends over $5.5 billion for energy. Of the total energy consumed, natural gas represents about 40 percent. READ MORE

Conserving natural resources and protecting the environment make good business sense. For the hotel industry, the recent efforts in many parts of the country to ask guests for their help in conserving water is a compelling example. Hotels that have done so have strengthened relations with their customers by creating a positive connection between the hotel industry and the environment. According to the US Environmental Protection Agency (EPA), taking steps to conserve water throughout a hotel property can also cut water and sewer costs by up to 30 percent. READ MORE

When uncertainty develops in the nation's power industry, and it certainly has these past few years, the prospect of the local government taking over the power company is sometimes raised. Takeover proponents promise lower prices and greater reliability, questioning the local electric company's ability to deliver what hotels and other customers expect-a reliable and affordable electricity supply. But government takeovers aren't the answer. In the end, government takeovers of the local power company bring with them new risks and potential costs for hotel executives and all electricity customers. To assure your hotel of a competitively priced power supply that is there when you need it, we need a national approach that includes three elements... READ MORE