Productivity Hacks (or "Life Hacks") are the newest mode of sharing tips, tricks, and secrets of maximizing productivity. Hoteliers have a daunting task of creating corporate climate and productivity with a team on a limited time basis. This interesting productivity hack was … [Read more...] about Bring a Stopwatch to Your Next Meeting
Instagram's explosion in popularity has attracted many businesses to its marketing and advertising potential. While the social network has long drawn individual users who share images of everyday life with their friends, its emphasis on visual messages is perfect for … [Read more...] about Increase Your Hotel’s Instagram Followers
Just a few steps from Chicago’s Magnificent Mile and Millennium Park stands the 17-story art deco masterpiece that is the Chicago Motor Club. The 1920s property with limestone, terra cotta, and brick walls was vacant for more than a decade until Chicago-based Aries Capital … [Read more...] about Tax Back: Using Tax Credits for Development
Hotel Pricing Strategy vs. Revenue A new study from the Cornell Center for Hospitality Research explores hotel price stability and price shifting from 2007 through 2009. The study, "Strategic Revenue Management and the Role of Competitive Price Shifting," examined whether … [Read more...] about Hotel Pricing Strategy
Financial Benefits of Management Integrity When Cornell's Tony Simons analyzed the differences in performance in a group of 76 Holiday Inn properties, he found a remarkable connection. The managers with the highest financial performance also earned the highest integrity … [Read more...] about Management Integrity Benefits
Have you recently done energy efficiency upgrades, or are you planning to do some this year? If so, are you aware of the EPAct, section 179D tax deduction and how it can possibly save you hundreds of thousands of dollars? As a hospitality resource, it is important to … [Read more...] about Are Millions of Dollars Hiding in Your Hotel?