HOTEL BUSINESS REVIEW

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Eric Henry

There are many possibilities for adding interactive and conventional digital signage around hotel properties, and lots of examples in the marketplace of high impact, meaningful deployments. But there are also countless examples of hotels that have invested in display technology without having objectives defined, a strategy for execution, and an understanding of how success is measured and validated. I see hotels with screens and wonder why the operators bothered. But more often these days, I see smart operators using that technology to enhance the properties, and the experiences of their guests. In this article we'll take a look at some exciting new technologies available to hotels today. READ MORE

Ed Wilms

It might not always be easy to adapt a brand's standards to a downtown property, but no matter where one is designing, the main priority should always be helping clients identify their target audience and how to make their return on investments by creating the proper offerings for their location. Research is your friend here, which can come in the form of multiple charrettes with partner offices and the client or neighborhood residents. It will always lead to a deeper knowledge of the community you are entering and the ability to link the history of the site with the new property you present to it. READ MORE

Monika Moser

With new trends dominating upcoming hotel renovations and redefining brands, it is interesting to compare the point of view of designers and hoteliers. The importance of combining operational knowledge as soon as design work starts seems to be obvious, yet very few projects combine both backgrounds. Designers, for the most part, have ample experience in hotel design but none in operations, while hoteliers do not always embrace the full possibilities of good hotel design. We explore the importance of operations and design collaborating in the early stages of a renovation and examine some new trends from both a design and operations perspective. READ MORE

Paul van Meerendonk

The evolution of revenue management has taken hotels from dynamic pricing of transient rates to a holistic strategy of maximizing profitability across multiple revenue streams. True hotel profit optimization leverages multiple hotel functions to ensure goals are aligned to achieve optimal results. It encourages hotels to intelligently decide which business to accept across multiple revenue streams at all times, based on greatest overall value to the asset. This holistic approach to revenue management goes beyond guest room rates and maximizes profits from the strategic management of other key hotel revenue streams; like sales with group bookings and meetings & events teams with catering sales. READ MORE

Raul Jose Gutierrez

There is no doubt that the bar is constantly being raised; the global explosion of new businesses, innovative new ideas and the strive for domination from heavy players such as Marriott have created a cycle of competition that pushes all businesses to get extra creative if they wish to have any kind of relevance in the market. Regardless of the industry, a strategic alliance will give a company competitive advantage and the opportunity to enter a broader range of expertise and resources. Partnerships should come about not only for the obvious benefits of expansion but to offer distinctive product lines and skill sets that differentiate them from the competition. READ MORE

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