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INSIDE VIEW |
Contingency Hotel Revenue Management Strategies - I Will not Cut Prices - By Carol Verret
Everyone repeat after me: 'I will not cut prices nor panic sell because it does not stimulate incremental demand and only serves to drive down prices.' (Jeff Weinstein, Editor, Hotels Magazine, February 08) Jeff has given us the mantra that all GMs, Revenue Managers and Directors of Sales should repeat every morning.
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Food & Beverage - Do You Know Your Break Even Point? - By Joe Dunbar
In my MBA program at Rutgers University, they made sure every graduate could calculate break even points. We were given a myriad of scenarios with a variety of variables. Our tests included irrelevant information to make sure we could focus on the essential formula. Break even point analysis was taught in microeconomics, cost accounting, advanced cost accounting, finance and analytical techniques courses.
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Destination Value Proposition Must Be Honest And Inclusive - By J. Ragsdale Hendrie
Several years ago, a Political Strategist labeled the obvious, 'It's the Economy' which was driving the turmoil, and by the end of the First Quarter 2008, we all know this inescapable fact. However, our varied Hospitality segments tend to interpret the realities quite differently.
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Don't Swallow Your Pride - By Joseph M. Gravish
Summer's coming quickly - the busy season for many hotels. And the 'woe is me' crowd is once again awakening from their annual winter hibernation. This time of the year one finds more articles describing difficulties some hotels predict they'll have finding quality seasonal employees.
...more
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FEATURED SUPPLIER |
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FEATURED MAGAZINE |
Smart Meetings Smart Meetings Magazine sets the standard for the West. Each month, the magazine examines the meetings industry with a sole focus on the West. Our pages feature the latest in meeting industry trends, emerging technology, personality profiles, and updates on the best venues and destinations throughout the Western U.S., Canada and Mexico. Smart Meetings is committed to providing meeting professionals useful information in an easy-to-access, attractive, and engaging format.
Geographic Eligibility: USA, Canada
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UPCOMING
INDUSTRY EVENTS |
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FEATURED BOOK |
Half Luck and Half Brains : The Kemmons Wilson, Holiday Inn Story by Kemmons Wil
Remember that success requires half luck and half brains Kemmons Wilson likes to say. It is one of his 20 Tips of Success the rules by which he made it big. In his autobiography Half Luck and Half Brains Wilson illustrates those 20 Tips through the various episodes that shaped his incredible life story. Wilson offered the public a brand name it could trust in roadside lodging as big green-and-yellow Holiday Inn signs lit up skylines from Texarkana to Tahiti from Hong Kong to Casablanca. Wilson goes far beyond the epic of the most successful hotel chain in history. For the first time Wilson recounts his entire larger-than-life rags-to-riches story.
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Ads
by Nevistas |
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Hotel Sales Strategy Conference |
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HSMAI's 2nd Annual Hotel Sales Strategy Conference will focus on Maximizing Revenue and Resources in a Changing Economy. Held September 9, 2008, in conjunction with HSMAI's Affordable Meetings(R) National in Washington DC. |
| hsmai.org/Events |
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Vizergy |
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VIZERGY is an Internet marketing company that empowers hotels and resorts to drive revenue through the Internet. |
| www.vizergy.com |
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