HOTEL BUSINESS REVIEW

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Jeff  Catlin

This article lists the top mistakes that we've seen people make when attempting to implement and use automated text analytics of consumer reviews. More importantly, this article gives advice as to how to proceed methodically thus avoiding most of the minefield, and getting the most value for dollar out of your automated review analysis. From “starting from the question” to “don't think too small,” we'll cover the top nine mistakes and corresponding fixes. READ MORE

Ted Fifelski

Mobile payment technologies have captured the spotlight of the retail, banking and restaurant industries, and the hospitality industry is no exception. One solution in particular can help mobilize the guest experience and put hotels back in control of it. Host card emulation (HCE) is a cloud-based technology that leverages the Near Field Communication (NFC) capabilities right within an Android phone to virtually store a guest's credentials - room keys, credit cards, reward cards and more. READ MORE

Jane  Coloccia

If you were to ask consumer-facing companies where the greatest future opportunity lies in terms of engaging customers, a relatively high portion would point to the social space. In fact, more and more companies are investing greater amounts of their marketing dollars into social media. And, with good reason. Trend reports are continuing to show people are watching less and less television, and reading fewer print publications. If you want to influence today's consumer — aka your potential guest — you need to reach them where they are spending their downtime. And that, my friends, is with their mobile device. READ MORE

Robert E. Braun

The basics of the hotel business have traditionally been simple: good location, fair prices, appropriate amenities and good service were the keys to success. While those factors are important today, hotels are no longer simply a “heads in beds” business; hotels are increasingly brand-oriented. Brands focus not only on the services and products they sell, but on developing the perception and recognition of the brand associated with those goods and services. That means that hotels, like all brands, need to focus more and more on understanding their customers and how to reach them, whether through loyalty programs, advertising, social media or otherwise. READ MORE

Justin Thompson

A couple of notable recent legal developments have paved the way for a resurgence in developer interest in condo hotel projects. This is especially true in major luxury markets across the U.S., such as Los Angeles, San Francisco, Miami and New York, where numerous condo hotel projects are in the development and pre-sale phases. By way of background, a condo hotel is a condominium project located immediately adjacent to or within a hotel. In a condo hotel project, the condominium unit owners are entitled to certain hotel amenities by virtue of their unit ownership. Many unit owners elect or are restricted from living in their condo hotel unit year round; when the unit is not occupied, it is rented. READ MORE

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