Maybe The Reserve For Replacement Should Be 7% to 11% of Revenue
In many distress hotels, the blame lies with the inept hotel management companies.
There are many considerations purchasing agents take into account before placing a lighting purchase order for guestroom and public areas. They must examine an order from an operations point of view, as well as a guest's. A lighting fixture can be ei
Choosing the perfect vendor for a client is not a simple process, particularly if the purchaser is utilizing a previously unknown company. But after examining the financial stability, references and evaluating the product of a potential vendor, the
Employee leasing works as follows: you the owner/employer terminate your employees and immediatley hire them back by an employee leasing organization.
The lodging buzzword of the 1990s must be asset management. Many hotel companies are offering it. Most hotel owners need it. But very few people really know what it is.
In this article the authors discuss the potential delays with ordering carpet and provide insight on how to overcome them.
Although you think you have audited and reviewed every aspect of your hotel's operations, i bet you have not performed a solid waste audit.
Care and maintenance of carpet should be considered when it is being specified. Many carpet fibers are soil and stain resistant, but proper care and maintenance of carpet is essential to enhance the longevity of the carpet. The timing and type of cle
In the July 2003 issue of hotels magazine, Jeff Weinstein's editorial addressed his observations made during the NYU hotel investment conference that even though various hotel industry leaders "don't know what the future holds" the usual list of indu