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HOTEL BUSINESS REVIEW

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Lily Mockerman

One of the most overlooked opportunities for hoteliers today is maximizing all hotel space for more profitability. Hoteliers know that empty rooms generate no revenue but finding a purpose for every space requires creative thinking, a comprehensive plan to execute ideas seamlessly and an understanding of the challenges that may arise. In this article, revenue management expert Lily Mockerman delivers original solutions for hoteliers looking to maximize hotel space and, in turn, maximize profitability. READ MORE

Court Williams

The hospitality industry is changing, and is rapidly becoming super high-tech. While we can argue that this benefits guests-and it certainly benefits vendors-how much is it taking away from the guest's personal experience? Theoretically, it should improve the customer experience, particularly through the use of data collected by using the various technologies. Let's look at how guests actually feel, especially the Baby Boomers who look set to remain the most prolific travelers for the next two to three years, and see if the numbers support the theory that technology has improved the hospitality experience. READ MORE

Scott  Watson

In the front of house, today's guests are more connected than ever, equipped with the ability to wield a smartphone like a magic wand from check-in to check-out. Meanwhile, staff members should be using the same mobile connectivity to accelerate operations for the back of house. This article explores the critical link between enhanced customization and rising customer expectations, as well as the needs for brands to "mobilize" their back-office accounting practices to bring staff members (at every level) up to speed and leverage "big data" to keep up with the industry's ever changing needs. READ MORE

David  Millili

Hotels continue to feel the effects of the sharing economy, so much so that chains, such as Marriott, are moving into the alternative accommodations sector. However, most properties have natural assets they can harness to deliver on what guests want without reinventing their model. To recoup revenue sometimes lost to sharing sites, hotels must boost their value proposition. This includes assessing how and when travelers want technology, leveraging staff in the right way and at the ideal times, and using data to their advantage in creating guest relationships that alternative accommodations simply cannot. Fortunately, every tactic will improve the overall guest experience, boosting a hotel's overall ability to serve the modern traveler. READ MORE

David Bilicic

Research firm Magid digs into the opportunities and challenges presented by subscriptions in the hospitality industry, especially among loyalty program members. Magid found that travelers who already belong to a loyalty program are much more likely to be interested in a subscription program offering than those who are not part of loyalty programs. This research, which was conducted through an online study of 3,000 individuals who have an active subscription within one of 14 business verticals (Including meal kits, fitness, music, beauty, clothing and more), also delves into other consumer perceptions around subscription programs including price, offerings and "must-haves." READ MORE

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