HOTEL BUSINESS REVIEW

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Lawrence Adams

As the Architects and the Interior Designers, ForrestPerkins transformed an iconic downtown office building into a vibrant mixed-use property featuring a 326-key Westin hotel in Downtown Dallas. The adaptive reuse of One Main Place to hotel use required paying strict attention to the historic elements of the building in order to satisfy the requirements of the National Park Service and the Texas Historic Commission for achieving federal and state Historic Tax Credits for the owners. Repurposing this important downtown building has given it new life and has contributed to the burgeoning renaissance of Downtown Dallas. READ MORE

S. Lakshmi Narasimhan

As someone who has poured money into a restaurant as an investment vehicle, the owner is looking at a good return on that investment. Restaurant profits cannot match rooms accommodation profits and in most cases tend to be between one third to one half of rooms profits. It is thus critical that the restaurant product is well thought out and harnesses resident hotel guest patronage complemented by non-residents. A well balanced buffet and a la carte offerings in the hotel restaurant will go a long way in delivering that patronage factor as well as producing that return on investment the owner is seeking. A win win situation that owners and stake holders hold dear to their hearts. READ MORE

Sam Cicero

There are various project delivery systems commonly used in today's construction renovation projects, Design-Bid-Build, Construction Management and Design-Build. It's important that an owner examines the pros and cons of each in order to determine which system works best for certain considerations such as project goals, costs to perform, timeline and risk management. In the Design-Bid-Build method, the owner engages entities such as the architect/engineer, designer and construction company separately. Since there is little if any connection between the different entities, this process requires a savvy owner who will be responsible for controlling all aspects of the design and construction process. One of the downfalls of this process, however, occurs if there are design errors for which the owner becomes at risk to the contractor. READ MORE

Michael  Hudson

Most progress in human thought occurs by challenging common assumptions; sometimes at great personal peril. Galileo Galilei was placed under house arrest for the last eight years of his life for championing the heliocentric view of our solar system described by Copernicus. It was heresy to suggest that the Earth and the rest of the planets revolved around the sun. Germ Theory of Disease was ridiculed by the leading medical minds of the time. It was not until 300 years after the concept was introduced that it finally trumped the Miasma or “Bad Air” theory of sickness transmission. READ MORE

Charles de Gaspe Beaubien

According to Google Research, Generation C is a powerful new force in consumer culture. It's a category of people who care deeply about creation, curation, connection, and community. It's not an age group; it's an attitude and mindset. Brands that take the time to understand Generation C and better engage with them will find a willing and influential audience. For this new group of consumers, the internet no longer sits behind a screen - it's a way of life - engaging with technology whenever they want. Gen C wants access to goods and services from all their devices in the fewest possible clicks. READ MORE

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