The worst part about employee turnover is the gap that needs to be filled from the time a senior executive leaves until a replacement is found. In the hospitality industry, such a gap can be detrimental to the entire operation. Operating without a high-level executive, can be crippling for some hotels. But this doesn’t have…
On the night of October 1, 2017, Stephen Paddock opened fire on concertgoers from a window he broke at the Mandalay Bay Resort and Casino. It was the deadliest shooting in modern US history. The incident claimed the lives of 58 people and injured 489 others. What does this hold for the hotel industry outlook for…
No matter how stylish and attractive your hotel is, it may all be for nothing if you can’t give your guests a positive experience during their stay. Here are a few simple steps from hotel consultant services to solve this problem: Setting realistic expectations Oftentimes, hotel guests complain because the things they were expecting are…
The hotel construction industry changes every year as existing styles get outdated and new trends become all the rage.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…
Effective hotel consulting services should offer quality hotel management services through a team of seasoned consultants who have significant experience in hospitality operations, financing and marketing. Furthermore, If you are considering whether a particular hotel consultant services in California can help with running your establishment, read on… Functions of a Hotel Consultant So, what does…
If you are a lender, creditor or attorney representing one and are seeking to appoint a California hotel receiver as part of a pending foreclosure, learn more about the in and outs of receiverships at this event in Squaw Valley near Lake Tahoe on May 21, 2011. Chaired by Bruce Cornelius, who is an experienced…
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…
Recent statistics this month that we reviewed as part of our hotel expert analysis for clients suggest the turnaround in the lodging industry continues although cautiously by many accounts. Two recent reports by hotel analyst firm PKF and major hotel chain Starwood highlight certain aspects of the recovery. According to this month’s Hospitality Market Update…
In part three the importance of having a ninety day plan as part of interim hospitality management services was addressed, including why it is a critical aspect at the beginning of the takeover by a temporary manager or management team. However, there are certain areas that require one to hone in on and drill down…
Going without a name brand to manage a lodging property can present both challenges and opportunities for a hotel real estate advisor and their investor objectives. Part of the challenge is the associated costs of that management agreement when a hotel turnaround is necessary. The other is whether having an independent management company will be…