HOTEL BUSINESS REVIEW

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Kathleen Pohlid

Substance abuse of alcohol and drugs, including abuse of prescription drugs and illegal drug use, costs over $400 billion annually, according to the National Institute on Drug Abuse. These costs directly impact the workplace through reduced performance, employee turnover, lower productivity, absenteeism, higher insurance and workers compensation costs, damage to property, criminal activity, and injuries and death from accidents. Developing a workplace drug abuse policy is a way to deter and reduce the incidence of employee substance abuse, to reduce the costs to your establishment, and avoid hardships to others. READ MORE

Richard J. Keating Jr.

Long ago, a hotel bar or lounge felt like a space filler on the lobby level. Since you could not realistically put another room there, you might as well put a small lounge to serve watered-down drinks and listen to piped-in music. It was a place to offer your guests, because there was nowhere else to really go. And not surprisingly, not many people would go there. Think of the Armada Room that featured Murph and the Magic Tones in the movie “Blues Brothers.” Of course resorts and five-star hotels were the exception, boasting their share of award-winning restaurants. But for most hotels, the nightlife options were never a destination on their own. READ MORE

Banks Brown

Over the past few years a new business model has taken center stage in the market for transient lodging. The fundamental nature of this new model is an internet booking platform that facilitates and participates in the short-term transient rental of private homes and apartments. Participants in the market are, for example, Airbnb, HomeAway, and onefinestay. The model is often described as part of the sharing economy, in the sense that it facilitates the “sharing” of residential space between transient guests and the primary occupant of that space. READ MORE

Tema Frank

Most hotels now ask for guest feedback through comments cards or surveys, but too many forget to put the follow-up systems in place so they can really benefit from that feedback. Here are some of the things you need to think about to collect the right feedback and deal with it in a way that benefits your hotel as well as its guests. READ MORE

Mmatsatsi Ramawela

Emerging markets, though exciting and ground breaking, can be tough to manage singularly. Partnerships are needed; not in the sense that individualism is not enough, but in the hopes of realizing maximum operational potential. In the hospitality industry, where there is such a broad range of expertise, partnerships are necessary not only to survive, but also thrive. Combining these two, emerging markets and the hospitality industry, and we find ourselves turning to the African stage. An area of the world where vast takes on so many meanings -- opportunity, size, culture. But what also comes with such a gift is the cost of knowing that individuality without partnerships will make success impossible, especially in our industry. READ MORE

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