The global hospitality playing field has been leveled. Transformation within the industry has created a new set of competitive pressures that were relatively isolated and continues to push hotel companies to explore more efficient business models.
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.
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.
What is it that we can learn from Ghosts, Gold, and Christmas that can help make you a leader in your company and community? By using "The Gold Standards" of Leadership, we can see how decision-making abilities can help achieve peak performance.
Asset managers provide a wide range of management oversight, analysis, and support to hotel owners. The specific scope of services is tailored to each owner. Compensation is usually a flat fee or a fee that is a percentage of gross revenues.