A compilation of theoretical and practical statements around revenue management and dynamic pricing models, as used in presentations around Australia by Rutger Smits and Ron de Wit. Great tools for in-house training and motivation!
Anne Lloyd-Jones discusses factors impacting hotel investments in the post 9/11 environment, and correctly predicts the initial decline and ultimate revival in hotel values that we are witnessing today.
Selecting a management company to run your hotel requires thorough due diligence. While a strong brand is important, there are many other issues that need to be considered during the selection process.
Since its inception, the economy segment has undergone a continual process of transition. Although most owners, operators and lenders take a “stick to the basics” approach, a problem arises when one attempts to define just what “the basics” are.
Hotels should go above and beyond their competitors to sell peace of mind. In return for taking better care, hotels should benefit from better internal control procedures, measurable payback and considerable goodwill.