While it still retains its price-setting function, hotel revenue management has become more integrated with other hotel operations, including function space and restaurants. Additionally, revenue managers must take into account the industries diverse distribution channels, particularly those provided by online travel agents, which themselves offer different pricing and distribution strategies. Two other frontiers for revenue management are making use of the increasing flow of customer information from big data and managing the effects on price and demand that result from customers' postings on social media. READ MORE

The Hilton Los Angeles Universal City, using a combination of tax incentives, rebates, and $7 million in financing utilizing the LA County PACE (Property Assessed Clean Energy) Program, has undergone a significant transformation, embracing energy efficient upgrades and water conservation measures. The cost of the Project was $7 million while the value of the upgrades and the additional value of added net operating income was in excess of $12.5 million and the value of the property increased by more than $30 million. Overall, the project addressed a number of concerns, including deferred equipment maintenance, compliance with the Hilton global design standards, and adherence to sustainable practices. READ MORE

In today's 24/7 interconnected media world, sustainability (or conservation or greening) and public relations go hand-in-hand. In recent years, environmentalism has move from a being fringe issue to becoming a mainstream issue. Whether driven by the bottom-line, government policy, or consumer sentiment, sustainability is at the forefront of most - if not all -- our collective business decisions. And it has moved from being desirable to being necessary for successful property management too. Is this article, find six tips for optimizing your PR green strategy READ MORE

Today, when we need an escape, we turn to the mobile apps on our smart phones and the Internet. When we need a mental break from work, we turn to our social networks. When we need to escape boredom we turn to our news feeds. When we need to avoid an awkward moment we face one of our many digital screens. So it should be no surprise that when we need a break, an escape, a getaway we turn to our social networks, news feeds and various digital screens to plan a vacation. READ MORE

Record keeping did not make OSHA's Top Ten list of most frequently cited violations in 2013, nor in 2012. However, when the proposed record keeping changes go into effect, establishments will have significant incentive to ensure they are complying with OSHA recordkeeping rules and maintaining a safe workplace. Record keeping information provides an important safety and health summary for establishments, alerting them as to potential serious problems and serving as an opportunity to identify potential violations for correction before OSHA arrives and which may lead to other injuries, or worse, fatalities. Soon this information will be available to the public. READ MORE