Long-time entrepreneurs know that buying or selling a business always involves a certain degree of chaos. It’s impossible to keep things smooth-sailing all the time since the nature of the buying and selling process involves numerous changes that can disrupt productivity and efficiency. Fortunately, if you’re putting your lodging property up for sale or are…
If you’re one of many nightclub investors, plan to build one from scratch, or you’re already managing one, you need to know about the latest trends in the industry. By being aware of these trends, you can determine how to improve your business to satisfy your customers, pique their interest, and keep them coming back. You’ll…
Putting your money in hotels is one of the best things that investors can do for their investment portfolio. They won’t only diversify their investments and protect their funds, but they’ll also ride the growth of the hospitality industry and enjoy high returns down the road. Perry Group International is a hotel consultant California firm…
The hospitality industry is not immune to being served with lawsuits. Consequently, there are trends to these lawsuits that can be studied. These are a couple of the trends in lawsuits in the industry and some things a hospitality expert looks out for. Wage and Hour Prosecutions About 30 hotels each day are slapped with…
The hotel construction industry changes every year as existing styles get outdated and new trends become all the rage. For 2016 and beyond, a new set of “must-haves” have emerged and are making huge waves throughout the country. Whether you’re planning to enter the hotel business or you’re already a part of it, our hotel…
When running a hospitality business, you should keep in mind that your guests notice when things run smoothly. In this industry, you need to keep everything spotless and operating efficiently. Making sure that your guests have the best experience and the utmost satisfaction is of high importance. By hiring a hospitality expert you’ll be getting someone who can…
Life as a general manager of a hotel, bar or restaurant is complicated. Your concern as a property owner is building and maintaining value over time, but the on-site manager lives in a series of moments. Each day brings challenges through guests, personnel and building issues that must be addressed immediately. The long-term plan tends to fade…
Unlike branded or franchised hotels and resorts where those standards already set it apart, hotel turnaround management to improve the quality and class of independent lodging properties often requires another approach. That approach could rely on the common standards that many leisure and business travelers consult, such as the American Automobile Association and Mobile Travel…
Many hospitality consulting experts and industry analysts have been touting the recent rise in hotel fundamentals such as demand, occupancy and ADR (average daily room rates). However, this article in a major online trade publication says it isn’t so rosy given that the stats are significantly impacted by the top twenty-five markets in the USA,…
The news recap from hotel advisor and global travel group points to a negative impact on business travel to the United States as a result of the European Debt Crisis. This story is a result of a research study done by the Global Business Travel Association Foundation (GBTA). In contrast to that report, luxury hotels…