A hotel turnaround in a competitive and changing economic environment requires a different focus than just cutting expenses, controlling labor costs and pushing more sales activity. In today’s ever changing lodging and travel marketplace, a successful turnaround is often a result of quickly adapting to and taking advantage of price value models, customer experiences and…
A sustainable restaurant investment is as much about making more money and the economic reason to do something is compelling when one applies those savings to their hospitality and foodservice business. Although the residual benefits that it plays in saving the environment and building more customer loyalty are usually the most obvious reasons to make…
Part of successful bar and entertainment venues says this night club consultant includes making the day before a holiday, which is often a dead time, pop with excitement. Black Wednesday, the day before Thanksgiving and aptly named like the Friday shopping day afterwards, is the new kid on the block for promotion ideas. Think pub…
Major chains such as Chipotle, McDonalds and Starbucks are getting more aggressive on their sustainable restaurant strategy. This is in part to get ahead of the regulatory environment that is beginning at both the local and national level concerning going green. But, there is also a financial incentive, namely tax benefits too. According to a…
Hotel safety expert panelists and others at the recent Global Congress on Legal, Safety, & Security Solutions expressed a myriad of concerns in the wake of the 9/11 anniversary. Terrorism planning and preparedness should be at the height of planning given the recent spate of attacks in the Middle East and those affecting Al Quida…
If you are in the business of providing hospitality management services for one or more hotels, the recent reported assaults of two housekeepers in New York should serve as a wake-up call. Not only are the safety of your guestroom cleaning staff and threats of bad publicity of major concerns, but also the potential lawsuits…
Recent reports about the amount of distressed hotels on the horizon suggest that cheap hotel real estate deals will be very hard to find. It is also unlikely that lenders will foreclose or hold ORE hotel assets for very long. Both the rise in hotel industry income fundamentals and the ability for banks and special servicers…
In this economy, many owners are turning to a lawyer and hotel motel consultant about canceling the management agreement when the hotel or resort is not performing according to plan. Worse, is if whatever gain is realized only benefits the operator, which can be the case if they have not invested any of their own…
Need to find several nightclub consultants all in one location for several days to get answers to your pressing questions on bar and night club operations, marketing and finance? Look no further than the upcoming Nightclub & Bar Convention and Trade Show that will be held at the Las Vegas Convention Center on March 12-14,…
Opportunity and challenge from a restaurant advisors perspective are on the menus and plates of restaurateurs and foodservice operators this year. Coupled with a rise in economic growth are a number of factors that will impact sales and profitability, such as frugal diners, health care mandates and higher product costs. Several studies also show that the bottom…