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Global eNewsletter of November 21, 2022 4Hoteliers.com ~ Click title to read the article Monday, 21st November 2022
Sébastien Bazin on how change means opportunity, Louis Vuitton plans to open its first hotel and more...
Sébastien Bazin on how change means opportunity Monday, 21st November 2022
Change is an inherent part of daily operations at Accor.
As we interact with a diverse group of people every day - including our Talent and guests - we witness shifts in the way people travel, consume, socialize, work, manage well-being, and more >> The tourism sector has set out its plans to achieve its climate action ambitions 21 Nov 2022 : At COP27, UNWTO brought leading sector stakeholders together to accelerate the shift to greater sustainability and reaching Net-Zero >> Louis Vuitton plans to open its first hotel in 2027 21 Nov 2022 : The plans reflect a growing push by fashion and luxury brands into hospitality, as consumers increase spending on experiences >> Vindow Inc joins the Global Sustainable Tourism Council 20 Nov 2022 : Vindow Inc is proud to be a member of the Global Sustainable Tourism Council (GSTC), working with the organization to make travel more sustainable >>
HIGHLIGHT ARTICLE
Recession? How to Make the Least Risky Budget Cuts Monday, 21st November 2022
Asking functional/department leaders to approach budget scrutiny from the perspective of those parameters and four categories, provides a good way for them to recommend for your approval, which budget cuts will, or will not, achieve cash management goals and which line items are too risky to cut in order to thrive when the economy starts its inevitable upward cycle.
In this approach, your functional/department leaders would review every line item in their budget and then decide into which of these four categories an expenditure resides >> Mastering Revenue Management with a Reduced Workforce For better or worse, the 'doing more with less' mantra has become a core skill set of today’s revenue managers >>
In case you've missed it: Global eNews of November 18, 2022 Where to next? 4 trends shaping opportunities in hospitality, Gran Hotel Bristol La Habana and more >>
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