HOTEL BUSINESS REVIEW

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Brenda Fields

"Build it and they will come" may work in The Field of Dreams, but in the hotel industry, the more accurate sentiment may be "Build it RIGHT and they will come". To realize the highest room sales potential, it is important for owners and managers to make sure that each room is configured to its highest and best use. Many times, with very little expense, room revenues are significantly impacted through occupancy and/or average rate increases, by making minor adjustments. This is especially true in the case of small, boutique hotels, where each room sold has a significant financial impact. READ MORE

Mike Sawchuk

In November 1997, a terrorist attack in the ancient city of Luxor, Egypt, took the lives of sixty-eight people and left scores more injured. However, the deaths and injuries caused by the attack were just the beginning of the problems it caused Egypt. Tourism, the lifeblood of the country, went into a tailspin, resulting in mass numbers of hotel- and restaurant-related workers losing their jobs in a country that already has chronic high unemployment. A few months later, realizing just how much the incident was affecting business and the economy, Egypt started a $4 billion marketing campaign to woo visitors back. In addition, they dramatically stepped up security throughout the most visited sections of the country. In effect, the country is still reeling from the incident and its impact on the tourist industry. Just imagine what would happen if something even more serious were to happen in Egypt or any other country in the world-such as the spread of H5N1 avian flu. READ MORE

Jane Segerberg

Working through the maize of spa consultancies is becoming increasingly difficult. The variety of entities offering assistance is expanding, yet the quality of assistance is being diluted. Why is a qualified consultancy important to your project? You can probably name numerous reasons. In addition to those that you already know, consider the following: The spa Industry has undergone rapid growth. When spas first emerged in the hospitality industry, a resort or hotel was very unique because it had a spa. Soon spas became an "expected item" in resorts and hotels much as swimming pools were expected in the 70's. Currently, the phenomenon has evolved to requiring much more than just "having a spa" to be unique in the market place. It now demands a very unique and compelling spa concept that delivers a high level of service and draws business and attention to the property. What once was a unique feature just by its mere existence, has become fairly mainstream and is now seeking to distinguish itself once again. READ MORE

Steven Ferry

It is hardly surprising buyers and media alike are confused by the different models available to guests for vacations when a good part of the industry is, too. Which makes the two upbeat and well-attended IMN symposiums in Orlando between April 18 and 20 most timely. So what are these alternatives? Let's define terms first... READ MORE

David Benton

The global travel market is one of the fastest and dynamic growth businesses on the planet. Not only are business travelers jetting around the globe attending to, and managing the globalization of commerce, but leisure travel is just as robust as the so-called 'tourists' look for more adventure and uniqueness in their limited free time. How has the travel and hospitality industry adjusted to meet this insatiable demand for both business and leisure travel? READ MORE

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