HOTEL BUSINESS REVIEW

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Tom LaTour

In today's rapidly changing and highly competitive hospitality industry, there are many different roads that can lead top managers to new career heights and greater achievements. One increasingly popular route paving the way to expanded personal growth and professional success is via fractional resort management. One of the fastest growing and most fascinating segments of the lodging industry is shared-ownership vacation resorts, including fractional interest, private residence clubs and destination clubs. According to the latest figures released by Ragatz Associates, this segment grew 8.3 percent in 2007 with sales volume estimated at $2.3 billion -- this despite the dramatic decrease in the country's overall residential resort industry. READ MORE

Joanna Harralson

As every hotel manager knows, a good buffet can be a tremendous marketing tool for promoting a hotel's banquet and catering services, as well as being a magnet to attract a constant crowd of discriminating guests willing to pay for great food, attentive service and pleasant, relaxed surroundings. But what defines a good buffet? And how does one realize healthy profits while avoiding huge losses, including those suffered through employee theft or carelessness? READ MORE

Jane Segerberg

The current economic downturn makes us all look at our businesses differently and realize the importance of good planning and execution. Your property's commitment to a new spa build, expansion or renovation during the current economic climate not only is a strategically smart maneuver, but also one that requires a talented team. When this short-term downturn begins to level out and improve, your property will be poised with a compelling edge on the market. In this article we will briefly examine the state of the spa industry and indications for spa development, then focus on the team of services and what each should bring to the project. The intention is for you, the reader, to have a clear understanding of "who does what", why each is important and what to expect from each area of expertise. READ MORE

Bryan Green

In the world of high-end hospitality, unique services and luxury amenities can make or break guest satisfaction and retention, and a fitness facility is certainly not an exception. As consumers continue to focus on active, fitness-friendly getaways, it's all the more critical for spa and fitness center managers to stay on top of the innovations that can set them apart from the competition in the ongoing battle to win and retain new customers. Currently, the hottest new technologies in the fitness world are challenging hospitality professionals to enter the digital age, as virtual-reality-based, and other new digital technologies and software are re-shaping the way people exercise. READ MORE

John Poimiroo

In response to increasing financial and cultural ties between China and the United States, both countries have eased travel restrictions. The China National Tourism Administration (CNTA) and U.S. Department of Commerce recently announced a Memorandum of Understanding (MOU) which is intended to boost travel between the two countries and serve to "strengthen relations and forge new friendships." The MOU opens China's growing market to U.S. travel and tourism industries with a push toward expanding group leisure travel from China to the U.S. CNTA Chairman Shao Qiwei sees it as broadening exchange and cooperation between the countries in economic, cultural and air service areas. READ MORE

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