When Robb Monkman was a college student, he and his roommates were robbed at gunpoint. The home invasion and hostage taking rocked Monkman to his core and determined the course of his career.
Monkman is founder and CEO of ReactMobile, which provides electronic security devices, or panic buttons, for businesses, including the hospitality industry.
ReactMobile is among several technology companies included in the American Hotel & Lodging Association’s Five Star Promise, a pledge by major hotel companies to establish and implement best practices to protect their employees. The promise includes the deployment of hand-held technology, hospitality workers can use to summon help in times of crisis for themselves or guests.
In this episode, Part Two of Lodging Leaders’ report on hotel safety and security, we explore panic button technology and trends. We interview advisers on what’s available to hotel owners and operators as they work to come up with methods to protect their employees. We also review AHLA’s Five Star Promise and what it is calling the hospitality industry to do. And we talk with Unite Here, the labor union that got the whole thing started.
Resources and Links
To view the American Hotel & Lodging Association’s Five Star Promise news conference on Sept. 6, 2018, click here.
Lodging Econometrics has tracked the hotel industry since 1998. Its global database includes new-hotel pipelines as well as renovations and brand conversions. Hotel franchisers once eager to launch new brands are focused on converting existing hotels because it’s a faster way to recover revenue lost to the COVID-19 pandemic than through new construction. In Episode 346, Lodging Leaders explores the increasing number of conversions in the U.S. hotel industry and what owners and operators need to consider before repositioning an asset.
In the first few months of the COVID-19 pandemic in the U.S., financiers anticipated a swell of distressed hotel businesses. Some raised rescue funds to respond to what they thought was a pending crisis. Though there are financial rescues taking place, the level of such activity is far below what industry advisers and fund managers expected. Commercial real estate investors positioned to act in the early days of the pandemic held off and are now just beginning to unleash their cash hoards totaling billions of dollars. Episode 345 of Lodging Leaders podcast explores the state of capital investment in the hotel industry.