HOTEL BUSINESS REVIEW

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Steve Kiesner

You know that getting more value from your energy dollar is always important. The lodging industry spends over $5.5 billion per year on energy. That is a lot room for potential savings. And greater profitability. The need to improve your electric energy efficiency is especially important. Electricity is an amazing energy source, and demand for it today is at record levels. Looking ahead 25 years, the nation's population is anticipated to grow by 23 percent. The country's GDP is projected to double in that time. And both events lead experts to predict that electricity use will grow 40 percent by 2030. One way that hotels can improve their overall energy efficiency is by taking the ENERGY STAR Challenge READ MORE

Dennis M. Baker

Tired of the disruption? Upset that you keep paying hundreds of dollars fixing unreliable equipment? At what point do you stop repairing that 10 year old piece of kitchen equipment and make the decision to buy something new? Making these decisions can be difficult and buying the right piece of replacement equipment can be more challenging than just purchasing the same item you currently own. Obviously, you want a great price, but there are other considerations as well. Before you buy, here are some ideas. READ MORE

Bonnie Knutson

In business jargon, a niche is simply "a special area of demand for product or service" because it offers consumers "a situation or activity specially suited to a person's interests, ability or nature." In other words, a niche simply matches what I need or want in a lodging experience to what your hotel can offer me. The key is in the matching. So how do you effectively make that match? It is simple. Just follow the five points of the star to which you can niche your wagon READ MORE

Scott B. Brickman

Many hotel executives are aware that wasting water costs money. But with increasing demands on many municipal water supplies, frequent and increasingly severe droughts and a broadening concern for the environment, it has become more important than ever to control the flow of this precious limited resource. Irrigation expertise and advances in irrigation technology, however, provide a ready, proven solution to a major source of water waste. READ MORE

Georgi Bohrod

Are you in the condo-hotel business? There are already reports surfacing regarding legal issues stemming from poor asset management. Although condo-hotels are sexy, popular and full of promise, they come with their own set of challenges. Not only can your PR "people" ensure that the message is transmitted accurately, but there are nuts and bolts procedures that can preserve the reputation of your property. READ MORE

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