Hotel cancellation rates have been steadily rising for years, in part fueled by a culture of ‘book now, pay later’ created by OTA giants. Covid did not create cancellation habits – it will perpetuate them, though. As a hotelier, it’s important for y…
Hospitality Financial Leadership – 1 To 1 Mentorship Program Menu
Hospitality Financial Leadership Mentoring & Coaching Program Here is an overview of the program features & benefits. Program 1.Financial Leadership 2.Business Principles 3.Financial Statements 4.How to Read a Hotel P&L Statement 5.Managing Labor & …
Meliá Hotels International: Annual General Meeting 2021
Gabriel Escarrer Julià: “I can assure you that we have been through very difficult crises and situations over more than six decades in business, but never has their impact been so great as to force us to close practically 100% of our hotels simultan…
Vail Resorts CEO To Donate $29.3 Million From SARs Exercise; Announces Racial Justice As Added Focus Area For Family Foundation
Vail Resorts, Inc. (NYSE: MTN) announced that Chairman and Chief Executive Officer Rob Katz has exercised stock appreciation rights (SARs) that were set to expire in 2022, and will be making a charitable donation of 100 percent of the proceeds recei…
Great Expectations: How To Prepare Your Travelers For Their First Hotel Stay
In countries around the world, millions of people – now fully-vaxxed and relaxed – are emerging from the stagnation of lockdown, and booking hotel rooms with a ‘Roaring Twenties’ fervor. The U.S hotel industry recorded its best performance in 62 wee…
Is A University Education The Way To Go In The Hospitality Industry?
I entered the hospitality industry by starting a three-year apprenticeship at the Hyatt Regency Hotel in Düsseldorf, Germany. Before committing to a bachelor’s program, I wanted to discover whether this was the right industry for me. The apprentices…
ALICE Launches New eBook as Resource to Hotels with Lean Staff
ALICE, the hospitality industry’s leading operations technology company, has launched a new eBook for hoteliers: The A Team: A look at how ALICE’s Success Team Advocates, Accelerates, Augments, and Amplifies with Amazing Advice and Acumen. ALICE’s e…
Consolidation In Business Travel Could Become A Necessity Amid A 63% Fall Of Trips In 2020, Says GlobalData
The reduction in traveler demand has resulted in an overcrowded marketplace where business travel agencies are fighting for survival. These companies now have some tough decisions regarding their futures, and consolidation may be the most sustainabl…
The Westin Anaheim Resort Marks Grand Opening with InvoTech Systems
LOS ANGELES, InvoTech Systems Inc. announced the recent implementation of its Uniform System at The Westin Anaheim Resort. InvoTech Systems is the leading provider of advanced Linen Management, Laundry and Uniform Systems that integrate the latest R…
RMS Releases 2021 State Of The Industry Report
San Diego, CA – RMS North America, a leading provider of cloud-based reservation and property management systems to the hospitality industry, released its 2021 State of the Industry Report. The report offers actionable insights on what travelers are…