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Get Involved in the Legislative Process

Mid-term elections prompted me to reflect back on how my interest in being active in the political process evolved. Some define "active in the political process" as voting in elections while others define it as being a politician or a lobbyist.

Golf and Country Clubs: Setting Higher Goals for Profitability in Food & Beverage

There are many opportunities for golf clubs to operate the food and beverage facilities in a more efficient way that will save resources, deliver better product & services, keep customers happy and ultimately deliver more to the bottom.

How to Develop & Execute a Public-Sector Process to Select a Private-Sector Hotel Development Partne

Most successful public/private-sector hotel development projects are the end result of an evaluation and selection process. This article details the steps and criteria used to assess the strengths and weaknesses of various proposals.

Does Your Underwriting Adequately Compensate for the Timing of Future Cash Flow?

Investors are pursuing property turnarounds and repositionings to generate higher yields. Are investors and lenders adequately considering the increased risk of earning future cash flows?

Hotel Capitalization Rates Bottom Out

Hotel capitalization rates have bottomed out, as rates of return remain at record low levels and NOI upside has begun to subside. This article updates data that were presented in a previous article on hotel capitalization rates.

New York Racinos: Casinos of Convenience

This paper considers the performance and relative competitive positioning of the eight current New York racinos, the initial impact the addition of VLT gaming has had upon host racetracks, and implications for further study.

Fiji in 2007 - Where to from here?

2006 was a difficult year for Fiji’s tourism industry as a result of re-emerging political unrest. Yet with several new large-scale resorts under construction, the future success of Fiji is dependent on continuous growth in tourism visitation.

Hotel F&B - To Lease or Not to Lease?

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.
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