HOTEL BUSINESS REVIEW

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Jeff Hart

Jeff Hart, General Manager of the Los Angeles Airport Marriott explores the evolution of hotel club lounges and the everyday ways in which they can elevate their spaces and offerings. Hart discusses tactical tips and strategies that hotels can take to stand out and provide a unique experience for guests. From concierge access to exceptional views, and stellar food and beverage, hotels are finding that guests are willing to pay a premium to have access to a heightened hotel lounge experience, and Hart dives into simple touches and more modern renovations that show the unique ways in which they can level up their spaces, offerings and approach. READ MORE

Rod Clough, MAI

Sales of economy hotels in 2019 registered a healthy level, despite a decline in the number of limited-service hotels that sold during the year. Approximately 10% fewer hotels sold in 2019 than the number that traded hands in 2018, according to Real Capital Analytics (RCA). This decline was attributed entirely to a dearth of major portfolio transactions, while individual property transactions increased slightly for the year. The U.S. economy continues to hold strong, showing great resiliency. The overall strength in consumer spending and confidence has benefited the U.S. hotel industry, driving this healthy transactions market as hotel demand remained at heightened levels. READ MORE

Ford Blakely

Mishaps are inevitable in the hospitality industry. But these mistakes don't have to be fatal. In fact, the strategies you put in place to respond to service missteps can become some of your strongest tools to win customers and drive revenue. However, recovery is impossible when you don't know where problems lie in the first place. Recent research shows that only 1-in-4 hotel guests say they'll report any issue that impacts their experience. This is worrisome news for hotel operators. But there are ways to overcome these blind spots and create service recovery strategies that boost your reputation and bottom line. READ MORE

Lisa  Cain

The hospitality industry is witnessing the increasing need for specialization of current and future employees in order to attract and retain a qualified workforce. Accordingly, workforce development and how higher education may aid in this process is of considerable interest. Future trends may see more partnerships between industry, organizations, and higher education to use more credentialing outside of the undergraduate and graduate education models that currently exist. The importance of certifications and the development of specialized programs in higher education to respond more rapidly to market needs of specialization in hospitality are discussed. READ MORE

Suzanne McIntosh

Finding talent for your hospitality business is harder than ever. Unemployment is low and fewer people are in an active job search. Competition is fierce for top performing candidates. How do you attract great people to your open positions, then once you have their attention, how do you keep them engaged during the interview process and close the deal? We can no longer expect highly qualified candidates to respond to our job postings. We must actively recruit, move quickly and streamline the interview process. Candidates have many options…if you take too long…you will lose them. READ MORE

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