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HOME SHARING
July 17, 2019221 | Home Sharing’s Heavy Hitters: Airbnb’s genius is branding (Part 2)
Last week, part one of our report on Airbnb looked at the home-sharing giant’s impact on hotel business performance. We reported on a study that shows for every 100 percent increase in Airbnb accommodations in a market, hotel RevPAR declines by an average 3 percent. We also reported a growth in the number of whole read more
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HOME SHARING
July 10, 2019220 | Disruptive Innovator: Measuring Airbnb’s impact (Part 1)
More than 10 years ago, the short-term home rental industry began to shapeshift with the birth of Airbnb. The technology company has quickly grown from a small peer-to-peer home-sharing platform into a virtual behemoth with more rooms than any hotel company on the planet. Today, Airbnb has more than 4 million listings in nearly 100,000 read more
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EMPLOYEE RECRUITMENT & RETENTION
July 3, 2019219 | Train and Retain: Hospitality apprenticeship fills high-level jobs
It’s no secret the hospitality industry in America is in dire need of skilled employees. Many hotel owners and operators continually seek ways to attract and keep talent. The Bureau of Labor Statistics says the hospitality industry has a turnover rate of nearly 75 percent per year, compared to a healthy rate of 10 to read more
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DIVERSITY
June 26, 2019218 | Yes, Girls Allowed: More women venturing into hotel investment
Who invests money better, men or women? Fidelity Investments found surprising answers to that question when it surveyed nearly 3,000 people. The group was almost evenly divided between the sexes. Yet only a tenth of women said their investments would outperform men’s. Meantime, a separate analysis by Fidelity shows women consistently generated larger returns on read more
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LODGING LEADERS
June 19, 2019217 | Rainy Days Ahead: Hotels advised to prepare for a downturn
Many hotel-business experts believe an industry downturn is at hand. Some say it will happen as soon as next year. Others expect business to slow in 2021. So, is the forecasted slowdown based on fact, an economic algorithm, or is it more of a gut feeling? In this episode of Lodging Leaders we try to read more
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GUEST SERVICES & PROGRAMS
June 12, 2019216 | Wellness Travel: Get your business in shape for an emerging trend
Wellness … However you define it, we all want it. The hospitality industry is one of the business sectors where consumers of wellness seek it. The Global Wellness Institute reports wellness tourism is a $640 billion industry. In North America alone, travelers made 204 million trips and spent $242 billion on wellness in 2017. In read more
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CRIMES IN HOTELS
June 5, 2019215 | Hotel Crime: How to manage a high-profile case
When a hotel becomes a crime scene, there is little an owner or manager can do to ward off publicity. But a hotel can recover from a crisis and save its image if it has a plan in place to deal with the aftermath of a high-profile incident. Hotel crime has escalated around the world, read more
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CANNABIS HOTELS
May 22, 2019214 | The Weed Frontier: How hotels are capitalizing on cannabis
Marijuana consumption in America has lost its stigma, and it is on track to become a $23 billion U.S. market over the next couple years. Hotels in states that have legalized recreational and medicinal marijuana are just beginning to think about how to incorporate the trend into their businesses. The laws can be confusing. Cannabis read more
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LODGING LEADERS
May 15, 2019213 | Event Entrepreneur: What’s behind The Lodging Conference success
Harry Javer is founder of The Lodging Conference, one of the hospitality industry’s must-do events. This year, The Lodging Conference will mark its 25th anniversary. Lodging Leaders talks with Harry about the genesis of The Lodging Conference, what it offers industry leaders, as well as newcomers to the hotel business, and how attendees can make read more
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LODGING LEADERS
May 8, 2019212 | Can We Talk? Why women don’t negotiate
This episode of Lodging Leaders explores why women in business often don’t negotiate and why they don’t win at the negotiating table as often as their male counterparts. We identify some fundamental stumbling blocks and barriers to women’s ability to get what they want. And we offer experts’ advice on how to craft a negotiation read more
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DESIGN & DEVELOPMENT
May 1, 2019211 | Triple Whammy: Tri-branded hotels change playing field
Nashville, Tennessee, is home to the country’s first tri-branded Marriott hotel. Developed by North Point Hospitality Group, the 470-room limited-service property consists of transient brands AC Hotel and SpringHill Suites, and Residence Inn, an extended-stay hotel. Located in downtown’s SoBro neighborhood where government offices are located, the $140 million complex is also across from Music read more
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DIVERSITY
April 24, 2019210 | Black-Owned Hotels: NABHOOD opens doors to opportunity
African American travel is a $63 billion industry. That’s how much black leisure travelers generated for the U.S. travel and tourism economy in 2018, reports Mandala Research. The December report is a follow-up to Mandala Research’s 2010 study on the same topic. The new information shows a $25 billion increase in travel spend by African read more
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BHARAT SHAH LEADERSHIP SPEAKER SERIES
April 17, 2019209 | American Tales: Hotel industry execs tell all
“These stories can only be told by us.” Those words are written by Bharat Shah, an American hotelier and an immigrant from India, in his autobiography “America My Destiny.” Bharat’s son, Mit, is founder and CEO of Noble Investment Group, which has $3 billion of private equity invested in hotels throughout the country. Together, father read more
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ADA WEBSITE
April 10, 2019208 | Surf-By Lawsuits: Hotel websites in legal crosshairs
Is your hotel’s website accessible to people with disabilities? If you don’t know the answer to that question, you’ll probably end up in court. In this episode, we examine what’s behind the dramatic spike in website accessibility lawsuits being filed against businesses under the Americans with Disabilities Act. And why commercial enterprises found to be read more
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CONSTRUCTION
April 3, 2019207 | “Today’s Not the Day”: Why Trump Hotels changed course in the Mississippi Delta
Almost two years ago, Trump Hotels introduced Chawla Hotels to the world as the first developers of the company’s new brands Scion and American Idea. Though Trump Hotels in February announced it was pulling out of development deals in Cleveland and other nearby towns, the Trump effect will be more than a footnote in Mississippi’s read more
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IMMIGRATION
March 27, 2019206 | The Business of Immigration: Family migration to U.S. under threat
The federal government’s efforts to curb family migration to America is a key concern for many foreign-born residents in the U.S. and their children, including the Indian American community, which has used the method over the past 50 years to grow into an economic powerhouse of business owners, including their domination of the hotel industry. read more