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Hotel Budgeting for Change (Part 1)

Revenue Hub

When necessary, the Asset Manager can ask in advance to include separate marketing strategic plans specific for each F&B outlet, sale of Suite products, and/or the spa. Each plan should include S&M actions, deadline, cost and the ROI of each action and who is responsible for completing each action.

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Advice: Essential KPIs every hotelier should be tracking

Hotel Owner

The importance of KPIs in the hotel industry cannot be overstated—they facilitate decision-making, inform strategic planning, and ultimately drive business growth. Tracking this KPI allows you to understand the level of employee satisfaction and the effectiveness of your HR policies.

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HVMG bolsters leadership team

Hotel Business

She joined HVMG in 2010 as VP, strategic planning and human resources. Among other things, he oversees associate relations, HR compliance, human resources leader development, benefits programs and associate engagement. and Starwood Hotels and Resorts.

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Study to get ahead: how to get a business degree

Les Roches

Thorough research, strategic planning and meticulous preparation are essential to ensure a competitive application and gain admission to your desired program. Researching and shortlisting potential schools A crucial first step in the application process is to fully research the schools you are considering.

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Aimbridge names Craig S. Smith new CEO

Hotel Business

and broaden the company’s global footprint. There is no doubt in my mind that Aimbridge can—and will be—the best third-party operator in the world, and it starts with embedding a seasoned leader with a deep track record of driving outsized performance across all key metrics—that’s Craig S.

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How to become an international business manager

Les Roches

Morning: global updates and strategic planning Days usually start early to align with different time zones. Following this, a strategic planning session helps set priorities for the day, focusing on long-term goals and market opportunities. The manager begins by reviewing overnight emails, market reports and global news.

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AHLA names 2023 officers, board, executive committee

Hotel Business

“I am excited to build upon AHLA’s strong legacy of success on behalf of our industry and eager to work with my fellow board members to help AHLA accomplish the many important objectives in its strategic plan, including growing the hospitality workforce, achieving advocacy wins and highlighting hotels’ leadership on sustainability and diversity.”