The Importance of Incident Reports in Hospitality
The things that can and do go wrong in a hotel can be the stuff of lawsuits and worse, so it behooves hotel management...
To PIP or Flip? The Costs, Benefits of Property Improvement Plans
Hoteliers whose portfolios are mostly composed of branded hotels are familiar with the ins and outs of property improvement plans (PIPs). These PIPs are...
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...
Crisis Preparedness: Having A Plan of Action for When the Unthinkable Happens
Now chief executive officer and president of RAR Hospitality (RAR), a hotel management and consulting company, Bob Rauch is an internationally recognized hotelier with...
The Continental Breakfast: A Guest Oasis or Mirage?
They say that the way to a man’s heart is through his stomach. When it comes to hotels, the breakfast bar offers the same...
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Meetings Momentum: Corporate Group Business Continues to Outgrow Other Segments
U.S. hotel performance has continued to inch toward normalized levels over the past three-plus quarters. The trend of normalization is evident across most data...
InterContinental Hotels Group Reports Q1 Trading Results
InterContinental Hotels Group reported its first-quarter trading results, highlighted by global RevPAR gains and significant system-wide growth. Specific highlights include the following:
● Q1 global...
Source Acquires Berman Purchasing, Inc., Expanding the FF&E Procurement Firm
Portland, Oregon-based Source announced its acquisition of 20-year-old Jupiter, Florida-based Berman Purchasing, Inc. The move creates a bicoastal women-led procurement firm with decades of...
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