The Evolution of Hotel Boards: A New Era of Governance
The hotel industry, a cornerstone of global tourism and hospitality, has undergone remarkable transformations over the decades. At the heart of these changes lies the evolution of board governance, which has evolved to adapt to new challenges, technological advancements, and shifting market dynamics. From Tradition to Transformation In the early days of hospitality, hotel governance […]
Managing Social Media
Social media has revolutionized how businesses interact with customers, especially in the hospitality and tourism sectors. Defined as dynamic, collaborative platforms for user-generated content, social media has become integral for guest engagement, brand awareness, and fostering trust. Essential Social Media Tools Social media tools can be categorized into three primary types: An effective social media […]
Optimizing Hotel Operational Management with a Hotel Performance Analysis
Hotels are among the most complex real estate investments, with revenue levels that are highly unpredictable and sensitive to economic shifts, market conditions, and external factors like weather. Unlike long-term leases in office or retail spaces, hotel leases typically last only a few days, with pricing directly tied to demand, much like the airline industry. […]
