Remove Procurement Remove Reservations Remove Strategic Planning
article thumbnail

Rosen Hotels & Resorts promotes key leaders

Hotel Business

He also oversees operations for Millennium Technology Group, procurement and merchandising. Dan Giordano has been promoted to VP, corporate planning and development. He will lead strategic planning related to future growth, expansions and design.

article thumbnail

Navigating operational challenges in the hospitality industry

Hotel Owner

As it stands, the hospitality industry is facing a multitude of operational challenges that require careful navigation and strategic planning to overcome. Effective inventory management systems and supply chain partnerships also help streamline procurement processes, minimise waste, and ensure cost-effectiveness.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understanding automation in the hospitality industry

Les Roches

These innovations in hotels range from processes that handle reservations and check-ins to implementing effective marketing strategies, for example, smartphone notifications informing guests about room availability. Examples of such best practice include: Using integrated reservation systems to streamline bookings.

article thumbnail

How to create a business plan for a hotel

Les Roches

Why do you need a hotel business plan? Similar to how architects create blueprints before constructing a building, it’s essential to have a strategic plan when starting a hotel business. Hotel operations Operating a hotel involves meticulous coordination, starting from managing room reservations to supervising staff members.

article thumbnail

Everything you need to know about resort development

Les Roches

Resort development is a complex discipline, requiring meticulous planning, strategic design, procurement, construction, operations and marketing. This guide covers everything you need to know about resort development, from planning a resort to effectively managing a thriving destination.

article thumbnail

How to Start a Hotel Business

Xotels Hotel Revenue Management

When it comes to favourable circumstances, we could definitely name a few: More room in the job market, making it easier to procure qualified staff. Sales reservation fees. Pulling Everything Together: The Hotel Business Plan Here is a short list of how your hotel business plan should look like. Strategic Plan.

article thumbnail

Restaurant Analytics: The Metrics You Should Know and Care About

Synergy Suite

Restaurants that utilize data for market positioning and strategic planning can better understand their competitive landscape, identify unique selling points, and target underserved market segments. It highlights the efficiency of a restaurant in managing its production and procurement costs relative to its sales.