HOTEL BUSINESS REVIEW

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Kirby Payne, CHA

The hospitality industry loses too much talented staff to other industries due to low pay, demanding hours, and inadequate support. The assumption is that the low pay, demanding hours, and inadequate support aren't enough of a detriment to drive them from an industry that they love. While that scenario is true for many, it means that we also lose too many people with incredible potential. READ MORE

Euan McGlashan

Now, more than ever, the hospitality industry will need to capture global travelers and rewards members not previously accessible via internal sales & marketing efforts. Owners are looking to international brands to help bring them back to life; especially in emerging markets where local brands and independents all fight for market share. Valor Hospitality Founder & CEO Euan McGlashan, shares lessons for companies entering the global space. READ MORE

Dr. Hicham Jaddoud, MBA

In an era characterized by the constant change in consumer behavior and decision making, as a result of several demographic and psychographic variables, revenue management is becoming critical to the success of a restaurateur. F&B professionals need to think beyond just Average Check and Labor Cost to Revenue Ratio, and explore additional indicators such as RevPASH and Unconstrained Demand Assessment. READ MORE

Andrea Stokes

It's all about the guests. That's the thinking every hotel owner and hotel operator should have in mind all day, every day. COVID and the ensuing economic strife have made that more difficult. Hotels have pressed the pause button in a variety of ways, including capital improvements. At the same time, they are experiencing reduced occupancy rates. Their challenges are immense, but so are the opportunities. READ MORE

Mark  Namdar

In the past few months alone, the pandemic has unleashed its new norm for us, forcing properties such as AC Hotel Washington DC Convention Center to adjust to these new beginnings as we open its doors. With concerts, events and conference meetings postponed and cancelled nationwide, it has caused a dramatic decrease in urban travel. It is up to us, as operators, to instill that confidence or we will continue to see weak demand. READ MORE

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