HOTEL BUSINESS REVIEW

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Pat Miller

Even the most luxurious hotel has a finite budget when it comes to the design or re-design of hotel spaces. The best designers prioritize expenses that have the biggest impact on guest perceptions, while minimizing or eliminating those that don't. This story will focus on three blockbuster areas - the entry experience, the guest room, and the public spaces. This article will focus on these three key areas and shed light on how the decision making process and design choices made with care and attention can create memorable, luxe experiences without breaking the bank. READ MORE

Eric Rahe

The advent of social media brought with it an important shift in the hospitality industry. Any guest's experience might be amplified to thousands of potential customers, and you want to be sure that your hotel stands out for the right reasons. Furthermore, technology has increased competition. According to Euromonitor International, the travel industry will have the highest online payment percentage of any industry by 2020, often occurring through third-party sites that display your competitors alongside you. As a result, many hoteliers are looking to stand out by engaging customers and the experience has become more interactive than ever. READ MORE

Josias Dewey

Earlier this year, the travel company Webjet announced it was in the process of converting a blockchain pilot it had developed into a commercial grade application. The blockchain-based application will be able to provide accurate information about hotel inventory, on a real-time basis, for hotels around the world. This article will discuss these and other possible use cases important to the hospitality industry, including their business justification. Beyond the explanation of use cases, the article highlights several legal considerations that hotel counsel will need to confront and consider as the technology is deployed, including intellectual property, privacy laws in the United States and the European Union and FinCen's current guidance on convertible virtual currencies and the potential relationship between money laundering and blockchain-based loyalty programs. READ MORE

Steven D. Weber

Competitive intelligence is a powerful tool used to maintain an advantage over competitors. A wealth of competitive intelligence can be obtained through public documents like public filings, earnings reports, and legal documents. Compiling, reviewing, and extrapolating the competitive intelligence from those documents takes time and money. Succumbing to the temptation to shortcut the necessary effort can have costly legal consequences. Hospitality industry companies must thus be wary of engaging in methods that cross legal and ethical boundaries. Companies must also be watchful of any efforts by their competitors to gather intelligence from them. READ MORE

Anthony DiGuiseppe

Architecture is the built environment that defines space and affects the way people live, whether you are a modernist or a traditionalist. Wellness is a state of health and mindfulness that not only brings each of us in tune with nature, both our bodies and minds but also gives us a spiritual attitude towards one another on a global basis. Is it possible to combine the two, Wellness and Architecture? There are many examples of how this attitude of wellness in building has started to take form. Let's take a look at how this movement is evolving and the opportunities it brings to the hotel industry. READ MORE

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