The hospitality industry is changing by the minute and this often creates challenges for hoteliers to keep up with the latest trends, drive profits and increase guest satisfaction. As 2016 quickly approaches…
Posts Tagged:Hospitality Industry
As we continue to be innovative in the way we operate our hotels, we want to ensure we are providing you with the most relevant and up-to-date information. This month our own Bob Rauch provides you insight on the hotel industry from a management company’s perspective. Management Company Perspective What key components have contributed to
A “business success plan” for the hospitality industry requires a new set of disciplines. Today, knowledge acquisition of the changing technologies alone represents a challenge. Coupled with strong service leadership skills, the transfer of the success plan to each unit manager is made much easier. Perhaps the most critical items for a business success plan
Millennials have become the fastest growing customer segment within the hospitality industry. Exploration, interaction and experience are the major focus of Millennials who are willing to pay more for a greater experience. Many of them are looking for an overall gourmet experience for a reasonable price and this has produced all new lobby designs
Keep up with the latest trends, drive profits and increase guest satisfaction.
A “business success plan” for the hospitality industry requires a new set of disciplines because knowledge acquisition of the changing technologies alone represents a challenge in and of itself. Strong service leadership skills will allow for the transfer of the success plan to each unit manager.
This fall the online publication Hotel Executive asked me to write an article for them referencing my thoughts on social media and how its evolution will impact the hospitality industry. Personally, I believe those hospitality and lodging companies that aren’t taking advantage of using social media as a tool and vital resource
Each new year brings a number of changes to the hospitality industry. If you read my Hospitality Industry Trends in 2014 piece, you know that millennials are one group that will drastically affect the way business is done in the upcoming year. In a recent webinar for the California Hotel and Lodging Association
In the hospitality industry it is uncommon for hotel owners to also manage their properties, yet R.A. Rauch & Associates (RAR) in San Diego has made it a priority. We have worked hard to position RAR as one of the Top Hotel Management Firms in America , landing the spot with only 4 hotels under
2013 is a recovery year – the tourism market has outperformed the economy over the past year. Employment levels continue to be weak and growth in consumer spending lags along with consumer confidence. Europe is on life support and China, while enjoying a strong economy in recent years is showing signs of decline. By and
The venerable institution of hospitality has been turning around over the past two decades. The combined impact of shifting demographics and new technologies are the primary catalysts for this metamorphosis. The Internet provides consumers an opportunity to think of the hospitality industry components as commodities. Hotels, restaurants, spas and alike have been lowering prices to
The landscape is evolving quickly as content marketing replaces advertising campaigns, mobile merges even more with social networks and travelers are open to spending more on getaways that are worth it…more interested in finance? We just refinanced a hotel at under four percent interest. 2013 is projected to be a better and brighter one for