Hotel Finance Options
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 directly tied to demand, much like the airline industry. […]
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 by improving efficiency, personalization, customer satisfaction, and […]
The True Value of Training
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 […]