The primary role of the F&B department is to enhance the overall profits of a hotel. Many claim hotels with F&B should maximize the department’s profit or lease income. Instead, maybe the departmental profit motive should be secondary.
What is it that we can learn from Ghosts, Gold, and Christmas that can help make you a leader in your company and community? By using "The Gold Standards" of Leadership, we can see how decision-making abilities can help achieve peak performance.
Going Beyond RevPAR To Determine Value
Linking Innovation and Competitive Advantage in the Hotel Industry
Several markets in the United States rely heavily on government demand. Changes in the way allowances for government travelers are established can turn markets, for better or worse.
An understanding of the key provisions in hotel management contracts and the issues that influence the negotiation of these contracts is essential to an effective evaluation of any hotel project.
As global tourist arrivals continue increasing, demand and supply trends in regards to sustainable business practices are shifting.
In my 30-plus years in this industry, I’ve occasionally seen the issue of unethical behavior rear its ugly head. In the management-company world, the unethical behavior I’ve most frequently seen is like a form of bait and switch.
This article provides an introduction to the history, premise, and economic benefits of the Renaissance ClubSport concept. This groundbreaking concept combines the features of an upscale, boutique hotel with a luxurious fitness complex.
Owners and operators of historic hotels have become more creative in their efforts to develop and maintain long-lasting competitive advantages for their properties. Recent operating data shows above-market performance for historic hotels in the U.S.