Editorial Board   Guest Author

Ms. Walzak

Dawn Walzak

First Vice President, Tishman Hotel Corporation

Dawn Walzak is First Vice President of Tishman Hotel Corporation (THC) in Orlando, Florida. As a respected sales professional with over twenty years of Hospitality Industry experience, Ms. Walzak has also held Sales Management positions with Westin Hotels & Resorts and Hyatt Hotels and Resorts. Her strong selling skills, awareness of the overall sales process, technology, savvy and passion for success has resulted in numerous awards. Dawn was also recognized for her leadership in the hospitality industry by being elected as the youngest President of the Hospitality Sales and Marketing Association International in 1997, the largest sales and marketing association in the world with over 4,000 members, and was named one of the 1997 Top 100 Rising Stars in the hospitality business by Travel Agent Magazine, recipient of Florida International University School of Hospitality Management 1999 Alumni of the Year award and was recently named as one of Travel Weekly's "Forty under Forty - the leaders who represent the 'next generation' of travel". Ms. Walzak joined Hyatt Hotels and Resorts as a Corporate Trainee after graduation from Florida International University with a Bachelor of Science in Hospitality Management. During her five years with Hyatt Hotels and Resorts she held a succession of sales and marketing positions in several locations. After joining the Westin Mission Hills Resort in 1992, Ms. Walzak continued to break sales records and produced significant market growth. Since joining THC in 1998, she has assisted in the renovation, reposition and re-flagging of the Four Points Sheraton Hotel at Los Angeles International Airport, which completed its first year of operation at 97% occupancy. She has worked on numerous acquisitions and has been able to immediately increase occupancies through non-traditional markets. Her specialties include electronic commerce, public relations exposure, revenue management, and maximization of brand. In October 2002 she completed the opening of the new $330 million Westin New York at Times Square and now oversees a select portfolio of hotels for Tishman. In 2004, Ms. Walzak completed her Masters Degree in Hospitality Management, graduating with Magna Cum Laude honors, from Florida International University. As a First Vice President at THC, her responsibilities include overseeing the marketing, sales functions and performance of select THC owned and/or managed hotels. She also supervises corporate projects involving training, research and market analysis.

Ms. Walzak can be contacted at 407-934-1755 or dwalzak@tishman.com

Coming up in October 2020...

Revenue Management: Maximizing Profit

Hotel Revenue Management continues to evolve at a blistering pace. Driven by technological innovation and new distribution channels, there are some dynamic opportunities for expansion in this fast-growing field. The technology is primarily designed to help revenue managers further refine their operations and pricing models to maximize hotel profit. For example, hotels can't be all things to all people, so a key strategy is to precisely identify their target audience. By employing geo-targeting techniques and analyzing behavior such as previous bookings, on-property purchases and online shopping practices, there is an increased capability to define guest demographics. By segmenting customers in more specific ways, hotels are able to create more personalized experiences which, in turn, allow managers to optimize their room rates. It is also an effective way to fulfill the unique needs and preferences of the individual. Another methodology is to consistently monitor the competition's pricing strategies. There are software tools that analyze a competitor's current rates, and then allow a hotel to make its own pricing adjustments. It is also a useful means to conduct forecasting models. Other technologies that are being integrated into a revenue manager's toolkit include Artificial Intelligence in the form of automated algorithms, and Voice Recognition (VR) for data inquiries, rate changes, and booking behavior. Predictive and analytic software programs are also being leveraged to provide more forward-looking data, instead of the usual reliance on historical performance. These metrics allow managers to be more proactive - rather than reactive - with their revenue strategy. The October issue of the Hotel Business Review will examine these developments and report on how some leading hotels are executing their revenue management strategies.