HOTEL BUSINESS REVIEW

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Jed Heller

Have you read reviews of your property on the Internet? If you haven't, the experience may be a real eye-opener. At even the finest resorts and hotels, reviewers (past guests) often complain about rude or inefficient service from hotel staff. But at resorts where staff is friendly and welcoming, reviewers will often dismiss dated furnishings or other concerns to rave about the people who made their stay special. What does this mean to you? It means that your staff members really are your most important asset. And if that's true, shouldn't that be where you're investing your time and energy? Developing and maintaining an effective employee communication and training protocol may be the highest yielding management effort you can make. You just need to give employees the tools, information, and feedback they need to get the job done. READ MORE

Jeffrey Catrett

Demographics has played an ugly trick on the hospitality industry. Today, our profession is facing the daunting challenge of replacing Baby Boomer managers, departing in record numbers to retirement or to consulting, with green Generation Y high school and college graduates. It has been estimated that the industry will need more than 200,000 new managers within the next five years in the US alone. (The interim generation, Generation X, is only 3/7 the size of the Baby Boom so cannot possibly slot into all the management positions becoming available.) Just when traditional hospitality is hardest pressed to make itself attractive to this teens and twenty-somethings cohort, it has been abandoned by the media and has quietly disappeared off the radar screens of most of today's youth as they plan for (or stumble into) their future careers. READ MORE

Steven Belmonte

Maybe not yet, but I predict soon, the stodgy, old hotel franchises with the "our way or the highway" mentality will be a thing of the past. They will be as useless, and broken-down as the coin-operated vibrating beds that were once popular at hotels and motels across the country. With the advent of the Internet and advanced technology, hotel membership brands and new, loosely structured franchises are flourishing. Third-party websites, Global Distribution Systems, and strategic alliances allow these new hotel companies to operate at a fraction of the cost of a typical franchise. READ MORE

Steven Belmonte

We all know the first rule of thumb for survival in the service industry is "customer service is king'; and we have heard the complaints lately about how it's deteriorating at rapid speed. Most companies are finally realizing that cost-cutting methods may work in the short run (i.e. automated phone messages as opposed to a live person on the other end to take calls), but they tend to fail in maintaining customer loyalty in the long run. We've been there, done that, and learned from it. But what's not really being addressed is the customer service that takes place within the corporate office. READ MORE

Steven Belmonte

Singer Bob Dylan said it best when he penned the now-famous catchphrase - these times are a'changing. I'm a big advocate on change. I like the challenges and advancement it brings to my personal and professional life. The business world is evolving with the advent of technological advances; the financial industry is changing its course to adapt with the growing global marketplace and unification of currencies; and the hospitality industry is incorporating all of the abovementioned changes into its mission plans to better serve its guests. It goes without saying that in order for enterprises to be successful, there need to be leaders at the helm. Some say leaders are born, others believe they are trained; but I believe that with the right tools and encouragement, leaders can come into their own in the hospitality industry. READ MORE

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