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Explainer: Reserve Funds

Reserve funds consist of liquid assets set aside for future projects or unexpected costs. Typically, hoteliers contribute to reserve funds on a scheduled basis so that they can accrue interest and grow in value. Reserves are usually kept in cash ...

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Human Trafficking Types

Human Trafficking Types

Human trafficking refers to both sexual and labor exploitation. Because the risk factors and victim demographics for these two types of trafficking vary, they are often referred to and discussed separately. Sexual exploitation can take place behind closed doors in ...

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Payment Card Industry Data Security Standards

Payment Card Industry Data Security Standards

“PCI-DSS” refers to the Payment Card Industry Data Security Standards, which is a set of security standards developed by the major credit card companies. Every merchant that takes credit cards is subject to PCI-DSS through the agreement it has with ...

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Crossover Investors

Crossover Investors

Anthony Falor, managing director for Ten-X’s Hospitality Group, describes crossover investors in the industry as “qualified groups or individuals who may or may not currently be in the hospitality space but understand the benefit of diversification into different commercial asset ...

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Exploring the Internet of Things

Exploring the Internet of Things

The internet of things (IoT) is one of the biggest trends in the lodging industry today—and it follows a major push in the consumer marketplace. Giving common household items the capability for wireless internet interaction is simply huge in the ...

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University Athletics

University Athletics

Athletics play a major role in the university selection process for many high school students all over the United States. And college athletics are big business—31.15 million people attended college sporting events in spring 2015. College football alone is a ...

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