How the Hospitality Business Can Battle “The Nice Resignation”
Written by: Sheheryar Javaid This text is not going to contact on the influence “The Nice Resignation” has had on the hospitality {industry}, as we’re properly conscious — the main target will as a substitute be on what actions we will take to battle it. Cash shouldn’t be the reply. Many lodge homeowners and operators do not need a lot cash left after the pandemic, anyway. Fortunately, there are a lot of elements that workers are searching for in addition to elevated pay (though it could be good!). The aim of this text is to focus on a few of…
Resort Chelsea’s Elegant Foyer Bar Pays Homage to Resort Bars Across the World
The historic Resort Chelsea is quietly welcoming guests again via its doorways on West twenty third Avenue. After opening its Spanish-inspired restaurant El Quijote earlier this 12 months, the revamped New York lodge is introducing one other F&B idea for friends to find. Caviar with potato chips and beer cream. – Credit score: Eric Medsker Eric Medsker Extra from WWD “The Chelsea’s at all times felt to me like a grande dame,” says property co-owner Sean MacPherson. “And it felt like the suitable factor was to create the grande dame of foyer bars. And so we tried to honor the…
Workers Scarcity Insights from a HITEC Orlando Visitor Blogger
Written by: Jennifer Jones It is no secret that the bubble has burst and vacationers are again out on the street. With busy summer time months nonetheless forward, our motels are experiencing demand that’s actually welcome after the pandemic decimated occupancies. Nonetheless, the lingering black cloud of the labor scarcity means motels are going to wrestle to satisfy visitor expectations from a service perspective with fewer entrance desk brokers, housekeepers, restaurant workers, and so forth. Service shall be slower and restricted at instances, and it is going to be difficult to make nice impressions. We’re all well-aware of how the…
Role of Technological Partnerships in Hotel Operations
In today’s fast-paced world, hoteliers face a myriad of challenges in managing their operations efficiently while ensuring exceptional guest experiences. However, there is a solution at hand – strategic technological partnerships. These collaborations offer innovative solutions that streamline processes, boost efficiency, and ultimately make life easier for hoteliers. But to truly understand the transformative power of technological collaborations in the hospitality industry, it is important to understand the challenges faced by hoteliers. Challenges in Hotel Operations Hoteliers often encounter operational challenges that hinder efficiency and compromise guest satisfaction. These challenges include time-consuming administrative tasks, the need for seamless communication across…
As Occupancy Stalls, Parking Drives Hotel Revenue Growth
By Robert Mandelbaum and Todd Casper Based on the February 2023 Hotel Horizons® report, CBRE is forecasting that total hotel revenue for the average US hotel returned to pre-COVID levels in 2022. This occurred despite the fact that the average occupancy for US hotels is not expected to exceed 2019 levels until 2026. With occupancy levels lagging during the post-COVID recovery and guest counts depressed, hotel owners and operators have had to look for alternative sources of revenue beyond the rental of guest rooms to make up for the income deficits. For some hotels in the US, parking has become…
How Hotel Pricing is Going to Change in the Age of AI
Imagine a world where your hotel knows what a guest wants even before they do. A world where your pricing strategy is not just about numbers, but about understanding choices, dreams, and the urge to travel. A world where your revenue management and marketing teams work hand in hand to craft personalized offers that guests can’t resist. Sounds utopian right? Well, with Artificial Intelligence (AI), this dream is becoming a reality. Over the last few months, we have seen ChatGPT, Bard and other travel-technology companies use Large Language models to fundamentally alter the way travelers looked for inspiration, searched for…
Taylor Swift parties, events before Eras Tour in Denver on July 14, 15
Whether or not you’re going to Taylor Swift’s concerts at Empower Field at Mile High next week, you’re in good company. Fans of the singer-songwriter and her Eras Tour, which plays Denver on Friday, July 14, and Saturday, July 15, scrambled to snag tickets the moment they went on sale earlier this year, ensuring both instant sell-outs and disappointment. But anyone can attend these parallel yet separate Swift-themed events, in which boutique hotels, promoters, bars and upscale shopping complexes cater to people coming to (and from) the shows in downtown Denver. Getting a piece of that action means meeting fans…