HospitalityEducators.com The #1 Independent Website for Hotel Owners & Managers

The Art of Selling the Right Room at the Right Price (in: Hotel Revenue Management) Apr 10, 2021: Revenue Management or Yield Management will help in improving the overall profitability of room sales. The art here lies in not relying on guesswork but having an actionable strategy after gathering enough information and knowledge, using it to anticipate occupancy and market demand and determining how it affects hotel revenue.

The art of selling the right room at the right price or in other words Revenue Management or Yield Management will help in improving the overall profitability of room sales

Saving Big Dollars in a "small-dollar" Budget Line Item of Your Hotel or Restaurant Chain (in: Food & Beverage in Hotels) Apr 2, 2021

Saving Big Dollars in a "small-dollar" Budget Line Item of Your Restaurant Chain

View Profile

By Steve Pierce

As a savvy chain hotel or restaurant operator, you are constantly looking for cost reductions that can be made to increase your profit margins. Because food costs typically represent 38-42 percent of your costs, that is where you will often expend most of your energy when evaluating cost reductions. But are you missing some of the operational cost reductions that can help improve your bottom line?

A Glossary of Sustainability and Green Hotel Terms and Phrases (in: Recent Trends & Hot Topics) Apr 1, 2021

A Glossary of Sustainability and Green Hotel Terms and Phrases

It's the Size of Your Idea, Not the Size of Your Budget (in: Consulting Resources from HospitalityEducators.com) Jan 5, 2021: People often create hotel operating budgets to spend the amount of money available or to capture the amount hoped for, rather than to accomplish the desired outcome or goal. This seminar will consider several ways to encourage hotel staff to think "inside and outside of the box" to improve both financial results and delivery of quality service.

What They Don't Teach You at Hotel School (in: Hotel General Managers) Jan 5, 2021

Experience vs. School
There will always be an ongoing debate on the comparative merits of experience versus the knowledge acquired in formal educational settings The best lessons anyone can learn from hotel schools include an awareness of what really occurs on the front line in the actual hospitality setting. This seminar transitions the academic message to the real world of running a profitable hospitality business.

Keys to Success Agenda and Learning Results

High Touch versus High Tech
The Differences Between Hospitality Sales and Marketing
The Art of Being a Good Host
The Distinctions in Running a Hotel and Entrepreneurship

The Value of A Good Idea (in: What's The Problem™?) Jan 4, 2021: What's the Problem™? Too small a budget to find new marketing approaches

This video clip identifies the need to be creative and find small points of competitive edge. The short article identifies ways to find and introduce new ways of updating marketing and operational best practices.

A to Z Steps to Profits or How to Stop Your Hospitality Brands and Management from Stifling People and Strangling Profits (in: Hospitality Training) Jan 4, 2021

A to Z Steps to Profits

How to Stop Your Hospitality Brands and Management from Stifling People and Strangling Profits
Workshop Focus: Hotel Profitability Ratios, Hotel Service, Hotel Operations

In a time of continuing uncertainty about global economies and government interventions, we all may feel a sense of frustration about things we cannot change. This program addresses 26 specific topics that we can successfully tackle in our every day hospitality businesses.

Keys to Success Agenda Points and Learning Results

An A to Z Guide to Keeping Talent and Boosting Profits in Hotels and Hospitality Businesses

Five Legal Problems and How to Avoid Them (in: Legal) Jan 4, 2021: Five Legal Problems and How to Avoid Them

Small businesses (including hotels) are often sitting ducks for money-hunters seeking awards or settlements. Some may be real, others bogus, but all are costly in terms of time, legal fees, and payouts (if the business loses or settles). Knowing the problem spots can help you devise strategies for avoiding trouble.

Here are the key problem areas and some ideas for staying out of trouble.

- Cultural Diversity Consulting Resources from HospitalityEducators.com (in: Consulting Resources from HospitalityEducators.com) Feb 27, 2020: John J. Hogan, CHE CHA CMHS CHO

Hotel Brands Case Study - This was a different type of hospitality consulting assignment in that I accepted the challenge of the CEO of a major international hotel company to expand my duties and accept the role of serving as the equivalent of chief diversity officer for the organization.

Medical Lodging - A Niche in hotel positioning (in: Consulting Resources from HospitalityEducators.com) Feb 15, 2020: Medical lodging can be an image enhancer, a service, a financially self-supporting hotel profit center, and a marketing advantage for a medical center if properly planned, positioned, managed and supported. The medical centers of the 21st Century face challenges that differ tremendously from the past. Linking with the services of a properly positioned hotel can help balance the marvels of modern technology with the fiscal responsibility, design and "high touch" needs of their patients and their patient families.

Revenue Management (in: Consulting Resources from HospitalityEducators.com) Feb 13, 2020: Turn-around and Revenue Management include an evaluation of the core processes used in the overall hotel marketing and promotional activities by the hospitality staff assigned. These processes include the critical pricing activities of selling and working with other hospitality businesses in the creation of packages that add value.