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 IT and Finance Library  (Click title to read article)

Find articles covering Technology and Finance including such topics as the wireless world in hotels, the Internet, financial issues affecting Hotel management and new administration methods. Reviews, analysis and more.

Market Analysis and Sales Office Audit – Look Beyond the Obvious in Turnaround Situations.
One of the first targets for analyzing the potential for a distressed hotel to ‘turn around’ is the sales department and the related market reports
Best iPad apps for hoteliers.
I’ve been playing around with my iPad the past few weeks, and here’s my top 10 apps for hotel people
The Obstacles to Making New Hotels Feasible.
The crisis is behind us, but there are still many obstacles to opening new hotels
NOW could be the best time for hotel lending in 20 years.
"NOW could be the best time for hotel lending since the early 1990s, we're at the bottom of an economic and a hotel cycle
Hotel Management Agreement Terminations - Is There a Better Way?
Hotel Management Agreement disputes are on the rise! The recent announcement about Banyan Tree Hotels & Resorts terminating its management contract at Banyan Tree Al Areen resort in Bahrain are amongst the latest proof of this trend ...
Tablet Technology for Hotels (A view from India).
Josiah’s note: I finally bought myself an iPad this morning, after mixed feelings on how it would benefit me; It may be the first step in a new direction for how we consume media, and have a few posts planned for us to explore this concept
Meltdown Opportunities for Hotel Buyers.
The 'hotel restructuring' and the acquisition out of bankruptcy - As the meltdown/recovery cycle grinds away, opportunities remain relatively scarce, but they do exist
The Life of an Online Travel Business Startup.
A Destination Activity Broker creates partnerships between travel businesses within a destination, leveraging the individual travel products
Counter-Cyclical Capex.
The hotel industry is not known for rolling out capital expenditures during a downturn and the ongoing recession is turning out to be no different than the first of the new millennium
The Direction of D.C. Hotel Values and Cap Rates.
Cap rates for commercial real estate in Washington have begun to fall, and indications are that hotel cap rates in the nation’s capital will follow suit
2010 Franchise Fee Guide - Europe.
The Hotel Franchise Fee Guide - Europe aims to assist owners in increasing their understanding and awareness of the franchise business model
Taxes, Deficits and Policy.
The more things change, the more they stay the same; both political parties know a winning strategy when they see it
Top ideas from ad:tech San Francisco 2010.
I was a little disappointed with last year’s ad:tech conference in Paris, but this year’s event in San Francisco was quite good
What Type of Tour Operator Software is Right for You.
You’ve started looking at different tour operator software systems (probably on-line) and you want to know what type of software is best for your tour business
Consequences of Embracing Technology.
Companies have long used technology to support the work of people with disabilities and moved form-completion online to eliminate paper
How To Recover in 2010.
The March 2010 edition of PKF Hospitality Research’s (PKF-HR) Hotel Horizons® report predicts hotels in the US will suffer a 1
Guidelines for Great Global Project Team Virtual Meetings.
Thanks to advances in technology, project team members scattered around multiple time zones work together as a matter of routine
On the Move - Mobile Apps.
emarketer reports that "Many smartphone users are interested in apps that will help them on the go, and (some) travel-related applications fit the bill
Google Maps Travel Trojan Horse.
Here's a prediction for you; the day is fast approaching when every prime spot on Google will be paid advertising, nothing free, all organic listings pushed down the page
DoubleDutch: A New Way for Hotels to Provide Location-Based Mobile Services.
Last week I met with Lawrence Coburn, CEO of San Francisco-based software company RateItAll, and an expert on location-based mobile services
Just How Smart Are Our Smart Gadgets?
More than half of 1,100 people researched have said they always respond to an email 'immediately' or as soon as possible, with 21% admitting they would interrupt a meeting to do so
A New Era of Cost Optimisation.
With many countries around the world beginning to emerge from the recession, it's tempting to think that business life will quickly get back to normal - if any of us can remember what that was like
Cyberbullying - a Growing Problem.
In previous article, we have discussed 'digital dirt', negative information about an individual posted online
Innovative Companies that Exploit Technology and Market Opportunities Profiled.
A new set of profiles of ten innovative service companies demonstrates the use of technology to create benefits for both customers and companies
What to Look for in a Web Designer for Your Tourism Website.
You’ve decided to hire a web designer to help you build your tour or activity website, but you’re not sure how to separate the wheat from the chuff
Hotel and Real Estate Market Snapshot: Jackson, Wyoming.
Jackson Hole is known for its spectacular skiing in winter, but the area’s national parks, golf courses, and other developments draw demand throughout the seasons
Hotels in MENA: How Much Can You Invest?
We attempt to provide a guideline of 'maximum supportable hotel investments' across Middle East and North Africa, reflecting current hotel market dynamics for the cities addressed
What Small Hoteliers Can Learn from Big Brand Websites: Hilton.
As we mentioned previously, small hoteliers can look at bigger brands for ideas and inspiration for their online presence
ALIS brings optimists to earth. Lenders make new evaluations.
Hotel Lawyer: A new realism settles on the hotel industry; we've already given up 2010 and 2011 won't be that much better and then a long, slow 'jobless recovery
Marinas - Stabilizing Hotel Profitability and Value During Volatile Period.
In today’s challenging operating environment, marina operations can help stabilize volatility in hotel profitability and values
Bloggers Worldwide Unite in Support of Free WiFi in Hotels.
Any hotel with expensive WiFi charges has to be wary of how quickly it can get blacklisted by the world's most influential bloggers
Owners Influence on Hotel Management in China.
It’s not unique to China that most hotels are owned by companies that do not operate these hotels and/or do not have the specific experience and know-how how to professionally manage a hotel operation
Hotel Lawyers and the ADA.
Is the DOJ's ADA compliance survey coming to your city soon? What to do when you receive the DOJ's ADA compliance review questionnaire
Hotel Mezzanine Loans Head for the Basement.
When mezzanine loans were first introduced in the eighties they galvanized transactions in all industries and, before long, were a frequent component of hotel loans
Europe: Refinancing a Hotel in Today's Restricted Debt Markets.
HVS Hodges Ward Elliott reviewed and analysed the prospects for hotel refinancing in the current environment following a survey conducted amongst the hotel teams of a number of leading European banks
Contactless Payments on the Anvil for Hotels?
Measuring ROI for new technology is not too dissimilar to advertising - The trite old adage about 50% of advertising works with no idea about which 50% may not quite apply to technology but hotels do invest in new technology such as TVs on...
International Domain Names are Coming in 2010, What Does That Mean for Travel and Tourism?
Considering that the travel, tourism, and hospitality industry is the most global of all industries, these developments have to have a tremendous impact on travel and tourism, as well as other related industries of course, such as sports
The online & Mobile Payment Revolution and Hotels.
The Wall Street Journal reports that American Express has bought into the growing online-payment business by acquiring Internet-transaction company Revolution Money for about $300 million
Free Hotel WiFi: An Open Letter to Hoteliers.
Our open letter is intended as a sharp wake-up call for the hotel business and I was blown away by the incredible reaction to the launch of the 'Free the WiFi' campaign a few days ago, when we published a list of the best London hotels with...
Why Hotels Should Care About the Transient Occupancy Tax (TOT) Battle.
Occupancy tax update on internet hotel booking: More lawsuits against Expedia and online travel companies (OTCs) over "lost" bed taxes
Hotel Occupancy Tax Alert.
Online travel company suits over transient occupancy taxes raise - 5 things every hotel owner and operator needs to know
Board Sports.
As corporations have come under increased public scrutiny in the economic downturn so too have boards come under heightened pressure to govern in a responsible manner
Surprised or Stubborn? US Hotel Managers Missed Their Budgets.
Budgeting for 2010 will be extraordinarily tough for US hoteliers, current year market conditions continue to deteriorate each month, thus creating an environment of pessimism
How to Handle Google Maps Mixups.
Google Maps has many wonderful features, and a favorite feature for businesses is the review section
Hotel Property Tax Appeals: A Life Line in the Perfect Storm.
A deluge of expenses has met with a drought of income in the current economy; a reduction in property taxes could prove the life line hoteliers need
Board Directors Sitting on the Hot Seat.
As the SEC, White House and Congress continue to define board and CEO performance standards, we find that some companies are doing an excellent job
Performance Potential of Mid-Scale Hotels: Less May Be More.
Hotel stakeholders have to know the right place, time, and hotel category to maximize investments; In the present economic climate, mid-scale, limited-service hotels may be a good bet
Next Generation Hotels: 4 Technological Must Haves.
The hospitality industry has always been renowned as a place of technological innovation, guests readily embrace technology upgrades within hotels as traditionally, it is part of the decision making process consumers undertake when deciding...
Drafting An Effective Social-Media Policy.
From Facebook to LinkedIn to Twitter, it seems that internet-based communications are everywhere
Entering The Asset Management Game - A Guide To Successfully Making The Transition.
The hotel industry is seeing an increased interest among hotel companies to provide hotel asset management services; what are the pressures that are driving this trend? What are the best practices for securing asset management engagements? ...
Monitoring Hotel Loan Performance to Mitigate Risk.
Lenders who originated loans in 2006 and 2007 in the peak of the economic cycle should now be closely monitoring the performance of these loans to develop strategies to mitigate risk and exposure as economic conditions are now vastly differ...
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 Most Recent Articles
Predicting Hotel Tax Assessments in Cook County.
Thursday, 9th September 2010
This study examines the relationship between hotel room revenue and the assessment values of hotel properties located in Cook County, Illinois

H-1B Labor Condition Application Violations Could Cost Your Company Millions.
Wednesday, 8th September 2010
Nothing weighs down an employer more than an investigation by the Wage and Hour Division of the US Department of Labor

Profit from Managing Returns. Yes, Returns.
Tuesday, 31st August 2010
What do a typical hospital and a typical retailer have in common? They both have a problem managing returns, let me explain

Why Do Mergers and Reorganizations Fail?
Wednesday, 18th August 2010
I’ll always remember the immortal words of Murray Smyth, at the time CFO of one of the largest subsidiaries of a major distribution and manufacturing company, 'If we haven’t reorganized in the last six months, it’s because someone missed a deadline
 Most Read in this Section
Tablet Technology for Hotels (A view from India)
Friday, 11th June 2010
Josiah’s note: I finally bought myself an iPad this morning, after mixed feelings on how it would benefit me; It may be the first step in a new direction for how we consume media, and have a few posts planned for us to explore this concept

On the Move - Mobile Apps
Thursday, 8th April 2010
emarketer reports that "Many smartphone users are interested in apps that will help them on the go, and (some) travel-related applications fit the bill

Cyberbullying - a Growing Problem
Friday, 12th March 2010
In previous article, we have discussed 'digital dirt', negative information about an individual posted online

Google Maps Travel Trojan Horse
Sunday, 4th April 2010
Here's a prediction for you; the day is fast approaching when every prime spot on Google will be paid advertising, nothing free, all organic listings pushed down the page

Just How Smart Are Our Smart Gadgets?
Thursday, 18th March 2010
More than half of 1,100 people researched have said they always respond to an email 'immediately' or as soon as possible, with 21% admitting they would interrupt a meeting to do so
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