Lodging Daily News

If an ounce of prevention is indeed worth a pound of cure, making sure that the MEP (mechanical, electrical, and plumbing) of a hotel is functioning properly and efficiently might as well as be equal to a ton. In fact, hotel executives maintain that some of these back-of-the-house functions are among the most important things to consider with regard to an asset.  “When you’re purchasing a hotel, the biggest piece of due diligence is your
Between tight margins and high guest expectations, hotel food and beverage is a tough department to operate. LODGING Back of the House checked in with several F&B leaders to learn about top strategies for maximizing profitability, particularly amid heightened labor and supply costs.  1) Rethink the Menu There’s no silver bullet for mitigating the higher costs of doing business, but rather a multitude of smaller measures that can add up to significant savings, according to
look at loyalty
iSeatz’s Andy Hermo discusses the findings of his company’s 2023 Hospitality Rewards Report Exactly how important are loyalty programs as a vehicle for promoting, well, loyalty, and ultimately beefing up hoteliers’ bottom lines? That was the gist of what LODGING asked Andy Hermo, chief commercial officer at loyalty technology company iSeatz. In response, Hermo, who leads the development and implementation of the iSeatz commercial strategy to drive enterprise growth, profitability, and improve customer satisfaction, said,

How AI and LLMs Will Shape Future Hotel Revenue Strategies

Posted by Darren Koch on  November 2, 2023
Comments Off on How AI and LLMs Will Shape Future Hotel Revenue Strategies
Category: Operations
It’s fair to say many are curious about the latest developments in artificial intelligence (AI) regarding large language models (LLMs) such as ChatGPT. Who hasn’t asked ChatGPT to formulate an email, sales pitch, or social media message, or just had fun asking it to write something in the tone of voice of Mickey Mouse? What’s important to contemplate is the role natural language can and will have on enterprise-level technology solutions, and how they can

Advice: Procurement Partners

Posted by Christine Killion on  November 2, 2023
Comments Off on Advice: Procurement Partners
Category: Back of House
A slew of factors, from inflation to supply chain disruptions, have driven food costs higher in recent years, compromising already-tight hotel food and beverage profit margins. Partnering with a group purchasing organization (GPO) may help hoteliers better navigate and adapt to those challenges, according to Mike Bomstad, chief sales officer, Entegra, a Sodexo company and expert in procurement solutions and cost optimization for the hospitality industry.  “A GPO doesn’t just provide cost savings, but also