Stephen Covey got it right when he said, “Begin with the end in mind.” When we look into the value of learning, we should first consider, “What value does training bring to the organization?” The senior management in the organization does not necessarily care about how well the training department is training staff, how many

How AI will Revolutionize the Hospitality Industry Artificial Intelligence (AI) has emerged as a powerful tool in transforming various industries, and the hospitality sector is no exception. Integrating AI into hospitality operations offers significant benefits, from enhanced customer service to optimized operations and revenue management. This article explores how AI can revolutionize the hospitality industry

Optimizing Hotel Operational Management with a Hotel Performance Analysis Hotels are among the most complex real estate investments, with revenue levels that are highly unpredictable and sensitive to economic shifts, market conditions, and external factors like weather. Unlike long-term leases in office or retail spaces, hotel leases typically last only a few days, with pricing

How-to -Test Hotel Feasibility When designing a hotel, the architect and development team must create an economically feasible project. Unless the hotel’s owner is ego-driven rather than economically motivated, most investors seek a return on their invested capital. Since feasibility means different things to different people, I have prepared many feasibility studies as a hotel

Questions to Answer Before You Sell Before you market your hotel or restaurant asset for sale, you should know the answers to the most critical questions that any sophisticated buyer will ask. Knowing the answers and properly positioning your asset before listing will eliminate surprises during the buyer’s due diligence process, provide a smooth, trouble-free

 A Comprehensive Overview As we progress through 2024, wellness trends evolve, reflecting broader societal shifts towards health, sustainability, and holistic well-being. The Global Wellness Institute (GWI), a leading authority in the wellness space, has identified several key trends for this year that are expected to shape how we live, work, and interact with our environments.