Be a part of Your Fellow Hospitality Professionals On-line in New HFTP Neighborhood Teams
By: Mark Pate Sr., CHAE, CHTP, MBA, HFTP International President Are you searching for that subsequent position to take your profession upwards the place you need it to go – or maybe looking for to fill a vital position at your organization with the precise particular person? Are you attempting to unravel a seemingly insurmountable drawback at work – or simply questioning if there are different folks on the market fighting an {industry} problem such as you? The perfect reply usually lies in constructing connections. Because the president of an affiliation, I realized way back the worth of getting concerned…
Lodges, eating places battle to remain afloat as meals costs soar
KISII, Kenya July 30 – In the previous couple of weeks, Kenyans have been struggling to deal with the rising value of meals costs led to by adversarial climate and rising enter prices which have been worsened by the Ukraine struggle. In response to the Kenya Nationwide Bureau of Statistics, the inflation fee for meals costs rose to 12.4 % in Could 2022, up from 7 % in Could 2021. This enhance in meals costs has been largely affected by hoteliers in Kisii County with most of them struggling to take care of their workers and clients and make revenue…
Can Proptech Remedy the Asset-heavy/ Asset-light Dilemma?
Written by: Victoria Loing In a globalized world and really aggressive setting, lodges are preventing to stay leaders of their market. Which manufacturers to develop? How one can retain clients? Which modern expertise to implement? Which enterprise mannequin technique to observe? These are a non-exhaustive checklist of questions resort teams ask themselves to carry out in a continually evolving setting. This weblog will concentrate on the asset-heavy/asset-light technique difficulty and the way innovation akin to property expertise (proptech) can clear up the issue. Let’s begin with the context: actual property is an asset in hospitality but additionally a legal responsibility.…
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…
The Potential of Blockchain Technology in Boosting African Tourism
Written by: Obiora Ndili Africa is home to some of the world’s most beautiful natural wonders and diverse cultural experiences. It has become a popular destination for tourists from around the globe. But the tourism industry in Africa is facing various challenges such as lack of infrastructure, weak regulation, and low levels of investment. However, blockchain technology has the potential to revolutionize the tourism industry in Africa. Blockchain technology is a decentralized ledger that can record transactions in a secure, transparent and immutable manner. It has already shown great potential in various industries such as finance, healthcare and supply chain…
A major hotel chain abandons San Francisco, blaming the city’s “clouded” future
Park Hotels & Resorts, one of the nation’s largest hotel real estate investment trusts, is pulling out of two hotels in downtown San Francisco, saying it lacks confidence in the city’s ability to overcome “major challenges.” Park Hotels said that it has stopped making payments toward a $725 million loan backed by two of its San Francisco properties, the 1,921-room Hilton San Francisco and the 1,024-room Parc 55 San Francisco. Both hotels are located near the Moscone Center, a conference venue that prior to the pandemic drew throngs of professionals to the area. San Francisco hasn’t fully recovered since COVID-19…
Unleashing the Power of Hotel Technology
In today’s digitally-driven world, the hospitality industry is increasingly leveraging cutting-edge technology to revolutionize guest experiences and streamline operations. From property management systems to online booking platforms, hotel technology plays a pivotal role in enhancing efficiency, personalization and overall guest satisfaction. Let us delve into the diverse facets of hotel technology and how it is reshaping the landscape of the hospitality industry. 1. Property Management Systems (PMS) for streaming operations Property management systems are the backbone of hotel operations, encompassing various functionalities like reservations, guest profiles, check-in/out, billing and more. PMS software automates and centralizes these processes, allowing hotels to…