TODAY: The secret to professional success, Viceroy in Dubai dispute and more.
More business travel: The secret to professional success.
Business travel is valuable, if not essential, to achieving professional success today, not only because of its positive impact on businesses but also for the opportunities it offers employees to expand their horizons and reach their fullest potential.
Viceroy Hotels fights illegal takeover of Dubai hotel.
Viceroy Hotel Group filed legal claims in California, arising out of the unlawful ouster of Viceroy from its newly opened Dubai property, the claims seek redress from Dubai-based businessman Kabir Mulchandani for damage they have caused to Viceroy and the Viceroy brand.
AccorHotels signs partnership for the development of the Orient Express brand.
134 years to the day after the first Orient Express trip between Paris and Constantinople (October 4th, 1883), SNCF Group, owner of the iconic 'Orient Express' brand, teams up with AccorHotels to continue the development of Orient Express within the luxury hospitality sector globally.
Virtuoso® unveils the hottest luxury hotels debuting soon.
Travelers in the know seeking the next great upscale hotel look no further: Luxury and experiential travel network Virtuoso, along with its more than 16,000 travel advisors worldwide, has revealed the hottest hotel openings around the globe for this fall and beyond.
Featured Articles....
Competitive Advantage 2018 – The World Has Changed.
The classic model of competitive advantage is Michael Porter’s five forces shown below.
This is still a useful model for the hotel industry and the most interesting part of this in 2017 is the 'substitute' portion of the grid–this is what Airbnb is all about and they will have had a huge impact on our industry by the time most people wake up to it.
Using the USPs of your Rooms to Position your Hotel.
In the early days we used to do revenue management and distribution seminars, and we would always ask a trick question, ‘Who has Standard Rooms in their hotel’ and half the room would raise their hand (unfortunately).
Room type names are an often-missed opportunity in hotels to commercially position the product more attractive and competitive.
Leverage the Benefits of a Channel Manager.
A channel manager which automates processes and reduces the risk of double bookings is a major asset for a successful distribution strategy.
One of main benefits of a channel manger is pooled inventory. A hotel that does not use a channel manger needs to split their inventory between all booking channels they are using to avoid double bookings.
Power of Persuasion: Helping Employees Embrace Change.
In today’s ongoing tumultuous environment, both in for-profit and not-for-profit market space, change in organizations is exceeding the pace that most individuals can adapt to comfortably, so as organizations merge, restructure their models of operations, downsize, disappear or are collapsed into other divisions, many experience a level of fear and resistance to the pending new work environment.
Popular Articles:
Checklist for Successful Revenue Management.
Gastronomic Trends: Veganism - Gastronomic Movement or Lifestyle Choice?
Part #2 of Our 2018 Food & Beverage Forecast.
How Workation Retreats are Blending Work and Relaxation.
Most Read News:
2017 Revenue Management Compensation Report.
French Hotels: Is there a Macron effect?
US millennial travelers are relaxed, romantic and embrace #YOLO.
YOTEL receives strategic investment of Starwood Capital Group.