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Theodore Moore

Black Meetings & Tourism - Four Seasons Hotel Vancouver Raises The Bar For Green Initia... - 0 views

  • Four Seasons Hotel Vancouver
  • legendary service meets uncompromising environmental standards
  • Five Green Key rating - the highest possible rating for hotels
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  • operational areas and sustainable practices, including community outreach efforts.
  • 1-5 Green Key rating based on a comprehensive evaluation
  • Four Seasons Hotel Vancouver is one of only 30 distinguished hotels worldwide to be recognized as a Five Green Key Hotel.
  • Sempa Hybrid Heating System, which reduces the hotel's green house gas emissions by 20% to 50% per month
  • comprehensive recycling program and by newly installing energy-efficient, LED lighting sources designed to last up to 40 years.
  • Eco-Luxury program, which allows them to choose how often their bed linens and towels are refresh
  • sustainable dining options, from catered group functions to private dining in YEW restaurant + bar.
  • donates food, shampoos, soaps, bedding and linens to local social assistance organizations and charities.
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    The Four Seasons Vancouver has conquered the highest rating for Eco-friendly hotels. This title and rating is only given to 30 hotels nationwide and is extremely competitive in nature. Any hotel has the ability to qualify and is evaluated in several aspects consisting of the following: operational areas, sustainable practices and community outreach efforts. The Four Seasons Vancouver has switched over to a unique heating system that is reducing gas emissions, installed newly efficient LED lighting that will last for up to 40 years, participates in an Eco-friendly laundry system for par linen, offers sustainable dining options and donates to local organizations. Along with public recognition, going green has perks that not only benefit the environment but the hotel as well. The Four Seasons Vancouver has taken many drastic initiatives that will be in place for years to come. This says a lot about this individual property and Four Seasons as a hotel brand. It's exciting to see the opportunity for more hotels to go Green and be the change that we all would like to see.
Ligia Elizondo

Four Seasons Hotels and Resorts Earns #1 Spot on L2's Digital IQ Index: Hotels Rep... - 0 views

  • Four Seasons has fostered an environment of innovation and excellence in digital engagement that resonates with our guests at every touch point."
  • The L2 ranking measures the digital competency of 52 hotel brands via 350 data points across four dimensions: Site, Digital Marketing, Social Media, and Mobile.
  • Innovating with Emerging Platforms
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  • L2 is a think tank for digital innovation that helps prestige brands navigate the digital marketing landscape through events, research and advisory services. The L2 Digital IQ Index® is the largest and most robust study of its kind.
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    Four Seasons Hotels and Resorts brand has been recognized by L2 Think Tan's Digital IQ Index: Hotels for the use of plenty digital platforms. By analyzing the needs and wants of guest and potential customers Four Seasons decided to invest in technology obtaining great results. "We are thrilled to be recognized by L2 for our commitment to transforming our guest experience through digital and social media platforms," said Susan Helstab, executive vice president, marketing, Four Seasons. Four Seasons saw the great influence technology has in the way we conduct business and communicate therefore the brand applied the newest technology to create a competitive advantage among its competitive set. "The L2 study reflects just how meaningful this is to the guest experience, and solidifies the importance of Four Seasons continual advancement in the digital realm." Some of the recent innovations Four Season applied to the properties are the new website FourSeasons.com that includes real-time search and videos. It also includes maps, Facebook, and blogs among others. Creating a powerful and global social presence in YouTube, Facebook and Twitter that gives them more publicity, Innovating with Emerging Platforms and Mobile Access "The brand has seen 110% growth year over year of business booked through iPhones and 200% increase via iPads." Four Seasons is attracting more groups, leisure and commercial demand thanks to its technology.
Fei Qi

Four Seasons Hotels and Resorts Unveils New Website and Inaugural Luxury Trend Report - 0 views

  • The new fourseasons.com offers an immersive and user-friendly experience, combined with rich global content, impactful design and social media integration.
  • The Four Seasons Luxury Trend Report affirms that luxury consumers are not only embracing, but engaging with new technologies in ways that are changing the face of travel.
  • E-commerce is king. The luxury consumer is increasingly going online to research and make purchases. Four Seasons online bookings rose 10 percent from 2010 to 2011.
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    This article introduced the new website of the Four Seasons Hotel, what the new functions are added to the new website, and how the new website help the hotel attract new customers. There are some differences between the old hotel website and the new one. Six key features of the new website can respect the strengths of the new website which are Ease of booking, On the go, Access to review, Every property has a story, Location and Personalization. Four Seasons Hotel also unveils its Four Seasons Luxury Trend Report. Some of the insights from the report include: Luxury is back, Branding moves to the social sphere, E-commerce is king, The rise of the iPad. Nowadays, most customers choose to use website to get to know a hotel, so the website has a great meaning for the hotel. The website not only needs to have enough information, images, but some unique functions to attract customers and provide better service through the internet. Like the Four Seasons Hotel's new website, it allows for multi-destination, multi-hotel, and multi-person reservations, it will paint an authentic picture of the local culture, and it will collect guests' personal interests, related content and recommendations, this information will become available on a guest's next visit and over time, delivering a completely personalized experience. Four Seasons Hotel notices that E-commerce is the king, as Seventy-eight percent of the affluent participate in social networking sites, with more than half using social media to connect with a brand. The luxury consumer is increasingly going online to research and make purchases. It is important for the hotel the keep up with the latest technology such as the iPad. According to the Four Seasons Luxury Trend Report, One-third of wealthy consumers own a tablet or e-Reader. Four Seasons revenue generated from the iPad and other tablets has grown 200 percent from 2010 to 2011. The new technology has a close relationship with the hotel and the e-business.
Charlie Barrett

Four Seasons Hotels and Resorts Unveils New Website and Inaugural Luxury Trend Report - 6 views

    • Charlie Barrett
       
      This article talks about the inceasing use of technology in all aspects of hotel marketing, interaction and booking. There is a trend moving all business towards social marketing and social media. The Four Seasons has created a new website that caters to the new tech savy travelor. This new site is fully compatible with all tablets and smartphones. It allows the travelor to create a profile giving the guest a more personalized experience by anticipating guest wants and needs. The article also identifies the emergence of "The Luxury Trend Report." This report, generated through online research has identified growing technological trends in the market. Two of these trends are the rise of E-commerce and the increased use of iPads. The article clearly shows that the movement toward better hospitality technology is essencial for a brand to compete in this new age.
  • Personalization – After setting up a profile and indicating personal interests, related content and recommendations from Four Seasons will become available on a guest's next visit and over time, delivering a completely personalized experience.
  • The new Four Seasons website was thoughtfully designed in the same vein, to deliver an immersive and effortless experience tailored to every user.
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  • On the go – Fully optimized for mobile devices and tablets.
  • Access to reviews – Each of the 80-plus property pages feature user generated content direct from Twitter, Facebook and TripAdvisor.
  • The new fourseasons.com offers an immersive and user-friendly experience, combined with rich global content, impactful design and social media integration.
  • Extensive research around digital consumption of luxury consumers, both in the travel sector and across other categories, was conducted for the development of the new website. In addition, Four Seasons held focus groups globally to better understand guest and travel partner needs
  • The inaugural Luxury Trend Report highlights what we have learned about guest expectations in terms of high-tech balanced with high-touch, how they use social media to engage with brands, and other valuable information."
  • Branding moves to the social sphere. Seventy-eight percent of the affluent participate in social networking sites, with more than half using social media to connect with a brand. Four Seasons brings digital media to the forefront of marketing efforts to suit the ways guests communicate.
  • E-commerce is king. The luxury consumer is increasingly going online to research and make purchases. Four Seasons online bookings rose 10 percent from 2010 to 2011. The rise of the iPad. One-third of wealthy consumers own a tablet or e-Reader. Four Seasons revenue generated from the iPad and other tablets has grown 200 percent from 2010 to 2011. This number is predicted to grow significantly in 2012.
natalieemmanuel

Four Seasons Resort Orlando at Walt Disney World® Resort Implements InvoTech ... - 0 views

  • our Seasons is respected for its personalized service. InvoTech's Uniform System ensures all 700 property associates have the appropriate number of uniforms to support
  • he award-winning Four Seasons standards," said Oswald Lares, director of sales for InvoTech Systems. "InvoTech's UHF-RFID readers record the location of each uniform as it travels to and from the property's laundry to maintain a real-time uniform inventory." The Uniform System at Four Seasons Resort Orlando at Walt Disney World Resort also automates uniform distribution to each specific property associate
    • danalbert
       
      The Walt Disney World Resort itself implemented the same technology nearly two years ago. With 66,000 cast members (employees) on the property, it seems to have served them well.It tracks check-outs, check-ins, laundry cycles and ensures that all costumes (uniforms) are cycled out and replaced after a pre-designated number of washes and wears. In any large-scale operation, particularly in hospitality, keeping a close track on inventory makes a lot of economic sense.
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    The new Four Seasons Resort Orlando at Walt Disney World is using the InvoTech Systems Inc. UHF-RFID Uniform System to provide real -time tracking of the 7,000 plus uniforms required for their staff. the system is able to track all uniforms by utilizing a waterproof RFID tag that is attached to each custom made piece for "automated tracking and record keeping." RFID tags are installed as the employee is issued their uniform. The uniform is then passed over the counter to the employee and the tracking system automatically records the pieces as they are being issued. The system is able to count hundreds of articles in a matter of seconds and insures that all uniforms are properly accounted for. The software system also monitors use and laundry cycles to facilitate replacement when required. By investing in the InvoTech System the Four Seasons Orlando is ensuring employee accountability and also reducing labor expenses associated with manual handling of uniforms.
Emily Bova

E-Commerce News: Ghost of Christmas Past Haunts Amazon - 0 views

  • Amazon's net income was US$177 million, or 38 cents per share, a 57 percent percent drop from a year ago.
  • Sales for the three months before Dec. 31 came out to $17.4 billion, lower than Wall Street expected over the traditionally busy holiday season.
  • Flooding in Thailand slowed down production for many tech companies this year
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  • The company used more third-party vendors than usual, which helps margins but cuts down drastically in revenue.
  • The world's largest online retailer has also been using promotions such as the Amazon Prime program, where customers can pay $79 a year to receive unlimited two-day shipping. The offer draws customers to the site, but over a busy holiday season, the shipping costs hit the retailer hard.
  • lower demand than it expected for video game sales and European currency fluctuations
  • A lot of people underestimate the profit of the e-book. You don't have to pay money for delivering or printing, so you can get tremendous revenue,"
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    In Amazon's last quarter, net income dropped by 57 percent from a year ago. Sales for the three months before December 31 came out to $17.4 billion, lower than Wall Street expected over the traditionally busy holidy season. It is predicted that for the next quarter outlook, there could be anywhere from a gain of $100 million to a loss of $200 million. While Amazon continues to profit in sales of its best selling Kindle devices, there were a variety of factors that contirbuted to its losses. The flooding in Thailand slowed down production for many tech companies. Third-party sellers (which give a 13% commission to Amazon as oppsoed to 100% commission when Amazon sells themselves) were used more than usual. Promotions such as the Amazon Prime program which allows the customer to pay a fixed rate and get umlimited two-day shipping hurt the retailer hard over the busy holiday season with shipping costs. Other reasons were lower demand for skimwords
anaslip

10 Examples Of Customer Experience Innovation In Hospitality - 1 views

  • When a guest feels the hotel understands them, they are 13% more likely to stay there again. The majority of hotel visitors want to experience new technology
  • Marriott is testing the technology at its hotels in China, which shortens check-in time from three minutes or more to less than one minute.
  • InterContinental Hotels Group is creating AI smart rooms in its hotels in China. The rooms allow guests to use voice control technology and speak naturally to get personalized assistance for both business and personal travel.
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  • Aloft Hotels uses Botlr, a robot butler, to deliver items to guests around the clock.
  • Guests at New York’s Yotel can have their bags stored with Yobot, a robotic luggage concierge. Robots aren’t entirely replacing humans, however—a lesson learned by the Henn-na Hotel in Japan, which fired half of its all-robot staff to employ more humans.
  • More hotels are moving away from traditional room keys to leverage RFID technology through guest wristbands. The technology is popular at resorts like Disney World and Great Wolf Lodge.
  • The Cosmopolitan in Las Vegas has Rose, an AI concierge who can help guests book spa services and restaurants and offers insider information like secret menu items at the hotel bar. Four Seasons Hotels uses Four Seasons Chat for 24/7 chat service that is powered by humans, not AI, for a more personal touch and responds to messages in 90 seconds or less.
  • . Hilton Hotels has introduced mobile check in for rewards guests to seamlessly check in, choose their room and unlock the door through an app. 
  • ach room at the CitizenM Hotel in Amsterdam comes equipped with a MoodPad tablet, which allows guests to change the temperature, TV, window blinds, alarm and lighting in one place. Some Marriott hotels have smart shower doors where guests can jot down their ideas while in the shower and then email the image to themselves for future use. 
  • A number of hotels and resorts, including Radisson and Omni, offer the service and have seen improved customer satisfaction and online booking rates. 
  • Hilton uses location-based services at some of its resorts to alert guests to events and activities that might interest them based on where they are on the property.
  • The wall of each room at Hub by Premier Inn in the U.K. includes an AR map of the local area. When guests point a smartphone at the map, they can learn about local attractions and get recommendations for the best things to do and see.
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    This article tells us about 10 new innovations in the hospitality world. Mostly it is talking about some innovations in the hotel industry such as face recognition at the registrations, voice-controlled rooms, and smart amenities.
Yuri Kim

HR Tech Vendors' Push to Go Global - Featured Article - Workforce - 0 views

  • Vendors are appealing to multinational companies that have made it a priority to combine their global workforce onto a single software system that can manage everything from payroll and administration to talent and learning management.
  • The trend is fueled by the relative low cost of cloud-based HR software, which makes using a single global system more affordable than ever.
  • Many global companies that still operate a patchwork of HR systems find it difficult to do even simple things, such as make a well-priced job offer to relocate a middle manager.
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  • We would stumble on job offers to move a general manager from one location to another," says Mary Sullivan, Four Seasons' senior vice president of corporate HR. "We spent enormous amounts of time researching HR when we opened a new hotel because there was no standardization and an over-reliance on paper-driven systems
  • Four Seasons executives now use the software from a desktop computer, iPad or iPhone to do things like check compensation information on anyone at a specific property. When a senior-level person overseeing guest rooms visits a hotel, for example, they see the performance rating for every employee in that division at that property, as well as locations each person has identified as places they'd like to work in the future.
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    The current trend of human resources software is towards global. Every major human resources software vendor is trying to appeal to multinational companies looking to handle their global workforce through a single, cloud-based human resource system that can manage everything from payroll and administration talent and learning management. Four Seasons Hotels and Resorts at Toronto had trouble transferring managers from one location to another and researching HR when they open new hotel. This is because they did not have certain standardization of compensations and they too much relay on paper-driven systems. Today, Four Seasons Hotels and Resorts are enabled to check compensation information on anyone at specific property as well as locations employees want to work in the future by using Workday's a global human capital management system. Moreover, Four Seasons' managers and employees working at the properties around the world will be allowed to use the system in various languages.
lamia elachchabi

Marketing and e-business for the tourism industry - The Globe and Mail - 0 views

  • Marketing and e-business for the tourism industry
  • With increasing competition in the tourism industry, successful entrepreneurs know that a good marketing plan is vital to success.
  • Tourists and enthusiasts have quickly adopted the Internet as a preferred means of shopping for excursion and destination venues which allow them to quickly compare accommodations, aesthetics, services offered, and prices.
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  • E-mail newsletters and promotions: Consent of the recipient is essential - and the frequency should not be intrusive.
  • Build traffic through Web links with other sites
  • Get involved in discussion sites related to your specialty
  • Simplify off-season bookings: offer online reservations
  • Extend the season through auction-style sales of fringe-season packages
  • customers and by advertising in high-draw areas. Increase a Web site's marketing pull: form a marketing ring of related operators
  • Generate more customer attention and create related product marketing opportunities: become a source of information on your area or industry
  • Grow profitability: analyze customer information to optimize marketing efforts
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    Marketing and E-business for tourism industry A good marketing plan is important to the success of businesses. There are several guidelines and ways to use electronic medium to stay competitive. A business has to always take care of the existing customers and their needs without forgetting to attract new customers. Tourists are using internet to shop for new destinations so an online presence is very important for consumers so they will be able to find out information about the business. There are several guidelines to consider: * Promptness people expect to get a response within a reasonable time. * Quality means that your website should be able to compete with other websites on the internet and this means that it should have good quality photographs and professional tone to the websites. * Consistency means a good consumer service and a professional image. There are many ways to promote services online: email newsletters and promotion, building traffic by working with other websites, offer deals, get involved in discussion sites about the industry you are in. During an off season bookings, simplicity of booking should be a priority. Tourism operators should join travel and tourism "mall" to offer their products and host their site and use these low cost services. Companies can also promote their products online by offering auction style sales that helps consumers have some kind of control over the prices of the different services in tourism. One of the perks of online shopping for travel services is the price transparency and the fact that costumers have choices of different prices in front of them. Company should Increase a web marketing pull by offering different services and also advertising with other companies. Promote and minimize the costs of the services by adding "do-it-yourself" features. A list such as: A FAQ, maps of location of other area attractions and local guides for rental outlets. To improve the way you market your products and
ning sun

The Effect of Yield Management on Hotel Chains - 0 views

  • The basic concept of yield management is based in the economic principle of supply and demand: when supplies are short, prices go up; when supply is high, prices go down.
  • way to rate a hotel's performance is by determining its REVPAR, or Revenue Per Available Room.
  • The yield manager's job is to maximize the revenue per available room by selling rooms to the right customers, at the right price, at the right time.
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  • For example, a hotel that makes $6,000 one night with a total number of 100 rooms has a REVPAR of $60.
  • City hotel managers must take it upon themselves to learn about the corporations in their area and make personal connections with these corporate executives, learning their business cycles.
  • to stay competitive in today's market, any hotel that wishes to be successful must learn how to apply yield management techniques to their particular situation
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    this article summarizing the importance of the revenue management. it explains that to maximize the revenue, hotel have to see the rooms at the "right price to the right people at the right time". it also explains the difference in price based on the seasons, or business cycle. it encourages managers to recognize when the demand will go up and adjust the price accordingly. 
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    Yield management is a process by selling limited quantity of goods to create maximum profits. Successful yield management requires a manager to sell, such as hotel room, at the right time, right price, to right customer. To achieve this goal, manager should understand what the purpose of hotel, what the category of hotel, and why customer choose their hotel rather than others. And also should know the market principal about price fluctuate during off season and busy season. So it is necessary to know well about yield management in order to survive in the fierce competitive environment.
iancochran

Four Seasons Hotel Buenos Aires Enhances Guests' Experience with New Digital Newspaper ... - 0 views

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    BUENOS AIRES, Argentina , Sept. 11, 2014 /PRNewswire-iReach/ -- Guests staying at Four Season Hotel Buenos Aires have a new, complimentary digital amenity to keep them connected during their stay. The hotel now offers a digital, all-you-can-read newspaper and magazine service from PressReader, treating guests to more than 3,000 local, regional and international publications by using their laptops, tablets or smartphones.
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    Four Seasons Miami also just took another step in "going green" and now offers the press reader application to our guests. We don't buy hard copies of newspapers anymore to reduce the amount of paper being used to save the trees and rain forest. Guests don't have to pay any extra cost for this technology and have thousands of newspapers to choose from.
Michaela Gave

Digital Gifting Is Trending in the Hospitality Industry - 0 views

  • Mercator further projects the 2013 holiday volume of digital gifting will exceed $1 billion
  • Some related consumer m-commerce facts include: 59 percent are interested in using mobile as a form of payment 50 percent of U.S. consumers shop with mobile devices 61 percent are interested in checking balances 59 percent are interested in organizing and tracking gift cards and loyalty via mobile 76 percent want an alternative to carrying everything in their wallets 12 percent of mobile U.S. subscribers who receive a text message (SMS) advertisement  tend to respond quickly; practitioners claim that offers sent via SMS convert 10 times to 20 times higher than either email or direct mail deals.
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    Summary: The variety of gifting options has grown from a simple plastic gift card to virtual cards delivered by email, text, debit/credit cards and more. The prediction for 2013 will exceed a billion dollars of digital gifting for the holiday season and continue to grow. Digital gift cards have made giving easy due to the convenience of redemption. Paper coupons have proven to be successful to draw in consumer activity, but the digital revolution in virtual gifting is expected to explode as people are so connected to their mobile devices. Even with the convenience and growing popularity of digital gifting comes barriers and security issues. Such issues include personal banking security and privacy. Some small to midsize businesses may not be able to participate in digital gifting due to cost barriers or lack of technology. Due to electronic process, paper receipts will be obsolete. Computers aren't perfect so how does one resolve dollar discrepancies. One benefit of virtual giving is the bar codes/QR codes. Companies are able to collect and retain additional information of givers and receivers by scanning the bar code/QR Code. Often people are reluctant to provide contact information, but in this case they aren't being asked, they have no choice. This is a benefit to the companies because they can make other promotional offers to engage and possibly retain both parties, thereby increasing sales. There are a variety of methods of virtual gifting and redemption. One example is Giftly. Giftly adds the value of the gift to the recipient's credit or debit card which can be used anywhere. This is super convenient for many people and they are able to choose whatever they wish rather than receive a gift chosen for them. This is certainly the digital age version of sending a check via mail to a loved one. Other corporate examples that have impacted the transition from plastic gift cards to virtual gifting are Burger King, Dunkin Donuts, Applebee's and Starbu
uhey77

COVID-19 and the global hotel industry: A roadmap to recovery, part 1 | PhocusWire - 0 views

  • the sudden COVID-19 coronavirus outbreak hit the “pause button” hard -full stop
  • The Chinese Center for Recreation and Tourism Research has estimated the total loss of Chinese tourism this year could reach three trillion RMB yuan.
  • the size of the hotel industry has also changed dramatically, with the number of Chinese hotels in 2019 being 50 times that of 2003
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  • With the Chinese hotel industry currently on indefinite hiatus and many hotel employees already on mandatory leave, hoteliers across the mainland - as well as surrounding Asian markets and even the wider global industry to a growing extent - may find themselves in a state of confusion and panic. What’s important now is to remain calm and maintain rational thinking with a focus on long-term strategies that account for multiple possible outcomes.
  • Revenue management, sales and marketing
  • Keep a close eye on your hotel’s revenue budget and forecast and make appropriate adjustments.
  • Right price: Focus on your competitive set and market trends to make appropriate adjustments to your pricing strategy, and keep an eye on your competitors’ reactions, such as whether they remain open or not.
  • Right customer: Focus on consumer behavior patterns.
  • Currently, hotels analyze their competition intensely. In the future, hoteliers should supplement competitive analysis with deeper study, insight and research into the needs, expectation and satisfaction of their guests.
  • Right product: After the recovery period, the market segmentation will have seen significant change, and hotel management needs to make adjustments accordingly.
  • Self-services with artificial intelligence technologies to avoid facing other people. Room control via mobile app to avoid touching in-room buttons. Room cleaning by specifically trained/screened housekeepers. External-circulation fresh air system and floor drain to prevent aerosol infection. Individual body temperature checks.
  • Channels, communication and confidence: Maintain channel promotions and sales during the epidemic.
  • Based on many client-success stories, the automatic data analysis-based pricing approach will meet customer needs while helping maximize hotel revenue.
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    As we prepare for the potential spread of the COVID-19 virus, there are some precautions hotel managers and staff can take to improve guest and employee health and safety. Early evidence suggests that the virus that causes COVID-19 can spread more easily than the virus that causes seasonal influenza, and it appears that the COVID-19 disease is more deadly than seasonal influenza.
chunxia gao

Green Initiatives: Cost, Achieving ROI Challenge Hotels · Environmental Manag... - 1 views

  • The biggest challenges or barriers hoteliers face in implementing green lodging practices: 1. Having enough capital to invest
  • The biggest motivations for implementing green lodging practices: 1. Environmental benefits and building guest loyalty (tie)
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    This is a three year old survey on Green Intiatives by American Hotel & Lodging Association. It talks about : (a) Challenges or barriers faced by hoteliers. (b) The biggest motivation for implementing green lodging practices. (C) The top ten things hotels are doing well relating to green initiative. (d) Top ten green things hotels can improve on.
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    The American Hotel & Lodging Association's Green Assessment Survey results reveal the top 10 green initiatives hotels are enacting, the top 10 motivations for implementing green lodging practices, the top 10 green things hotels are doing well and top 10 green things hotels can improve on. In the challenges and barriers part, the biggest one facing in implementing green lodging practices is having enough capital to invest; in addition the whole world is in financial crisis now. Money is a big problem. As we know, before implement green practices, hotels need large amount money to buy equipment and need a lot of time to train employees to use it. In high season, they are busy to serve guests, to earn money. In low season, they may have time but no money. In the motivation part, environmental benefits and building guest loyalty rates to first place. But I think most hotels deciding to implement green practices are because financial savings. In addition, implement green practices can preempt government regulations and improve hotel reputation. It is also a good way to advertise. To do and not to do lists, hotels should keep and improve their recycling and reuse program and pay more attention to the power save program.
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    This is a great article that collected all top 10 related to GREEN. It makes me realize what we are doing well and what we need to improve in the future. And also it lists the top 10 challenge that we are facing. I agree with you that implement green practices can preempt government regulations and improve hotel reputation.
Juan Du

Accounting technolog Used in the Hotel Industry | - 5 views

  • Hotels rely on different tools, including their accounting software, to increase their effectiveness and make them more competitive in their core business.
  • Hotels can decide to purchase accounting software dedicated solely to one function or can invest in enterprise software. Some chains have opted to outsource their accounting operations to major computer companies and accounting firms.
  • The percentages of room-rate vacancy and seasonal trends are evaluated and measured against the best establishments to assess hotel performance.
    • Juan Du
       
      Hotel managers are often faced a lot of problem to deal with the accounting system. Now hotel manager can manage all of the accounting responsibilities by use hotel accounting technology. Using Web-based hotel accounting software can save your business money . The functions covered in all of the accounting systems.
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  • Decisions governing selection of accounting programs depend on multiple factors including the uses of the accounting programs.
  • Hotel managers are often faced with the challenge to propose and procure the appropriate technology and software to run their operations.
  • This article describes major factors to weigh in selecting accounting software for the hotel industry.
  • Decision Criteria Used in Selection Process: Major factors identifying selection of accounting programs used in hotels are: ---Annual revenue ---Budget ---Location ---Multiple sites ---National or international location ---In-house vs outsourced operations
  • Accounting software is crucial in measuring and tracking the hotel's profitability.
  • Functions covered in accounting software programs include: --Accounts payable --Accounts receivable --Budgeting --Cash management --General ledger --Sales analysis --Payroll --Procurement --Order entry --Fixed assets --Inventory management
  • Accounting software is used to track the profitability of hotel operations and identify trends in the hospitality industry.
  • This article describes major factors to weigh in selecting accounting software for the hotel industry.
  • Decisions governing selection of accounting programs depend on multiple factors including the uses of the accounting programs.
  • Hotels rely on different tools, including their accounting software, to increase their effectiveness and make them more competitive in their core business.
  • Accounting software is used to track room-rate revenues and identify any discrepancies that require remediation and corrective actions.
  • Accounting software is used to track the profitability of hotel operations and identify trends in the hospitality industry. Careful consideration of the purpose, functionality and desired results from accounting software must be taken prior to selection and purchase.
  •    This article describes major factors to weigh in selecting accounting software for the hotel industry.
  • Accounting software is used to track the profitability of hotel operations and identify trends in the hospitality industry. Careful consideration of the purpose, functionality and desired results from accounting software must be taken prior to selection and purchase
  • How to Select Hotel Accounting Software:     Decisions governing selection of accounting programs depend on multiple factors including the uses of the accounting programs
  • Decision Criteria Used in Selection Process: Major factors identifying selection of accounting programs used in hotels are: ---Annual revenue ---Budget ---Location ---Multiple sites ---National or international location ---In-house vs outsourced operations
  • Accounting software incorporates the widely used Generally Accepted Accounting Standards (GAAP) and focuses on key measures unique to the hotel industry, such as revenue per room (RevPar)
  • Accounting software encompasses multiple functions of a hotel's operations, ranging from data mining to running financial reports.  Functions covered in accounting software programs include: --Accounts payable --Accounts receivable --Budgeting --Cash management --General ledger --Sales analysis --Payroll --Procurement --Order entry --Fixed assets --Inventory management
  • Print this article DartUtils.loadGoogle160 = function() { dmjs.runInlineAd = true; $('.AdUnit160').hide(); $('.AdWrapper').addClass('no160'); }; dartAds.renderiFrameAd([{ sz: '160x600' }], 160); How to Select Hotel Accounting Software:    Decisions governing selection of accounting programs depend on multiple factors including the uses of the accounting programs
  • Hotels rely on different tools, including their accounting software, to increase their effectiveness and make them more competitive in their core business.
  • Hotels can decide to purchase accounting software dedicated solely to one function or can invest in enterprise software. Some chains have opted to outsource their accounting operations to major computer companies and accounting firms
  • Accounting software is used to track room-rate revenues and identify any discrepancies that require remediation and corrective actions.  The percentages of room-rate vacancy and seasonal trends are evaluated and measured against the best establishments to assess hotel performance.
  • The hospitality industry has had steady growth, with increasing demands for internal controls and financial accountability.  Accounting software is crucial in measuring and tracking the hotel's profitability
  • Areas of Functionality in Hotel Accounting Software
  • Areas of Functionality in Hotel Accounting Software
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    This article describes accounting software functions within the Hotel industry. The article states that "Accounting software is used to track the profitability of hotel operations and identify trends in the hospitality industry". It is said that when selecting accounting software, you must identify what results you are looking for from the software; and also the functions that you are able to receive. You must also understand the needs of your property, and industry. The article also discusses various decision criteria, which is a part of the selection process. Some of these criteria's that you must look out for are: annual revenue, budget, location, multiple sites, national or international locations, in-house verses outsource operations. I love the fact that this article also discusses the functions of hotel accounting software. Some of those functions that were stated are: account payable, account receivable, and payroll. The article also brought up some trends about hotel and lodging accounting software. One of the trends that stand out to me was the fact that some companies hand over their entire accounting responsibilities to major accounting companies or, accounting firms; this is referred to as outsource. Having a accounting software is a very beneficial asset for a company.
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    This article talks about the importance of choosing the right accounting software for hotels. Hoteliers need to take into consideration the purpose, functionality and desired results before selecting accounting software which "is used to track the profitability of hotel operations and identify trends in the hospitality industry." In order to select a hotel accounting software it has to match the needs and functions of the premise. Some of the most important factors in the selection process are annual revenue, budget, location, multiple sites, national or international location, and in house vs. outsourced operations. "Accounting software encompasses multiple functions of a hotel's operations, ranging from data mining to running financial reports." Some of the major functions in accounting software are accounts payable, accounts receivable, budgeting, cash management, general ledger, sales analysis, payroll, procurement, order entry, fixed assets, and inventory management. The hospitality industry is reporting increasing demands for internal controls and financial accountability therefore is very important that hotels select the right accounting software because is in charge of keeping records of the hotel's profitability. In addition accounting software reports room rate revenues and discrepancies and use the Generally Accepted Accounting Standards.
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    Accounting software programs are essential to the hospitality industry because it helps organize and keep track of the hotels operations and its profits. It's important to select the right accounting software that will help tie in the needs and concerns of your hotel. The significant factors to look upon in choosing the best program for your business are annual revenue, budget, location, multiple sites, national or international location, and in-house verses outsourced operations. Accounting software incorporates multiple roles of a hotel's operations such as data mining and running financial reports. Hotels can choose to purchase accounting software devoted exclusively to one purpose or can invest in enterprise software. The hospitality Industry counts on the different tools, as well as their accounting software, to increase their usefulness and creating them to become more competitive in their central business.
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    I believe one of the most critical items missing from the selection process when purchasing accounting software is the need have interface with the PMS system. This would be a more integrated approach for the smooth transition of front and back of house operations.
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    Marcia, you are right! Its a very important idea, to have interface with the PMS system. As for the main topic of this discussion accounting is a step for understanding the factors which influence your business positevly and negatively, in order to use proactive or reactive strategy. Some things that should theoretically work in your business can actually be unsuccessful, so financial data analysis is a key for problem-defining and therefore for finding solution.
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    This article gives some useful hints on how to choose an accounting software for your hotel business and what are the tips and tricks. There are lots of accounting software packages in the market which has a number of different options but the point is that each of these features will match a specific  need.  
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    This article is about choosing the correct accounting software for the hotel industry. Through different types of software you are able to track the profitability of a hotel.
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    This article is about how a hotel should choose their accounting program. There are many things to consider when choosing the right program for your institution. It is not just what is more cost effective, but what does it include and are they things your hotel needs. It is like a PMS system, you get some basics, but you also may need to be able to add more options, or none at all. Another factor when selecting this program is the size of your hotel. If it is one hotel or a chain. Accounting software is crucial in measuring and tracking a hotel's profit. In conclusion, when hotel management buys an accounting program, they must analyze the software, and not just buy the first one they come across.
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    This particular article discusses the need for accounting software programs within the hospitality industry. These programs can do just one thing or be all-encompassing, such as an enterprise program. Accounting programs still have to follow the Generally Accepted Accounting Principles (GAAP), which regulate the accounting industry. They help track the profitability of the company, amongst other things. Additionally, hospitality companies must be very careful in choosing the right program. These programs can help managers run a business more effectively but it has to be matched with the right program. There is also the option of outsourcing the accounting function to a third party, which could save a lot of time and money down the road. Erica
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    Hotel software is designed for all areas of hotel operation including property management, accounting, GDS reservations, central reservations, reception, POS, spa/club/golf management, guest management, inventory management, yield/revenue management, accounting, and web site design. Small hotel software is available for properties with less than 100 rooms and focuses on basic front and back office functions and/or reservations and guest management. One of the major types of hotel software used by the hotel/motel industry is accounting programs. Accounting software is used to track the profitability of hotel operations and identify trends in the hospitality industry. To select good accounting software for the hotel depends on multiple factors including the uses of the accounting programs. Accounting software incorporates the widely used Generally Accepted Accounting Standards (GAAP) and focuses on key measures unique to the hotel industry, such as revenue per room (RevPar). Knowledge experts should be familiar with both general accounting rules as well as industry specific guidelines.
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    This article describes major factors to weigh in selecting accounting software for the hotel industry. And Major factors identifying selection of accounting programs used in hotels are: ---Annual revenue ---Budget ---Location ---Multiple sites ---National or international location ---In-house vs outsourced operationsThe hospitality industry has had steady growth, with increasing demands for internal controls and financial accountability. Accounting software is crucial in measuring and tracking the hotel's profitability. And besides the normal functions, the advanced accounting software can be used to track room-rate revenues and identify any discrepancies that require remediation and corrective actions. The percentages of room-rate vacancy and seasonal trends are evaluated and measured against the best establishments to assess hotel performance.
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    The article demonstrates that accounting software in hotels is used to track data of hotel operations, to make future decisions and some other functions related to finance and daily operations. So hotels should consider several aspects while establishing accounting software. Such factors affecting decisions are like: Annual revenue, Budget, Location, Multiple sites, National or international location and In-house vs outsourced operations. Regarding the trend of accounting system, the article says that accounting software can make the hotels more competitive and more effective.
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    The article describes major factors to weigh is selecting accounting software for the hotel industry. Accounting Software is used to track the profitability of hotel operation and identify trends in the hospitality industry. Hotel industry carefully finds out what will be a great functionality and result before purchasing accounting software. First of all, selecting hotel accounting software and the uses of the program. Secondly, identifying the selection of accounting program, used in the hotel. For example, annual revenue, budget, location, multiple site, etc. The article discusses the function of hotel accounting software. Some of the functions are hanging from data mining to running financial report. Also, the article discuses about lodging accounting software, one of the example that they used is that they really on different tools including their accounting software to increase their competitive in their core business. The article talks about accounting Software Metrics in the hotel industries. They use this Metrics by tracking room rate revenues and by doing the room- rate vacancy and seasonal trends. Having the accounting software in hotel is very important for the industry
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    The hospitality industry has had steady growth, with increasing demands for internal controls and financial accountability. Accounting software is crucial in measuring and tracking the hotel's profitability. Accounting software is used to track the profitability of hotel operations and identify trends in the hospitality industry. So it's important for hotel manager to choose the suitable accounting software. This article tells how to select hotel accounting system properly. Including the decision criteria used in selection process, areas of functionality in hotel accounting software and standards used for accounting and auditing in hotel industry, etc.
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    Hotel managers are often faced a lot of problem to deal with the accounting system. Now hotel manager can manage all of the accounting responsibilities by use hotel accounting technology. Using Web-based hotel accounting software can save your business money . The functions covered in all of the accounting systems.
Yunfan Wu

Staying Green: Hotels Step Up Their Sustainability Initiatives: Scientific American - 0 views

  • but they can actually result in significant water, waste and cost reductions. The website Economically Sound reports that a 150-room hotel can conserve 72,000 gallons of water and 480 gallons of laundry soap every year by placing the cards in its guest rooms.
  • Another positive trend is the Four Seasons’ 10 Million Trees Initiative. The hotel chain is celebrating its 50th anniversary by planting 10 million trees across the 34 countries in which it operates with the hope that the effort will help combat deforestation and global warming and attract more customers concerned about the state of the planet.
  • Beyond what the major chains are doing, eco lodges run by or in partnership with native people or tribes have popped up all over the tropics and beyond;
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    this article is talking about the sustainability development in hotel industry. every year the waste of water and energy in washing machine is huge. this behavior violates the mind that builds a green industry. in the help of the Green Hotels Association the hotel companies make some measures to save the water and energy like putting a card which ask guests to consider not having sheets changed every day. it is simple word but really playing an important role in developing sustainable vision.
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    We all know that a lot of hotels leave little cards in the room claiming that they are environmental-friendly and initiate protection of the environment or reducing waste. They encourage customers reuse towels and linens, and so on. This article use Marriot and Four Seasons as examples to describe that this kind of behavior is indeed helpful. Water, waste and cost reduction is resulted. So hotels should keeping doing this and lead to green life-style and reduce waste.
Yanqiu Li

Accounting Software for Hospitality Industry - 0 views

  • BlackLine’s hospitality and entertainment clients rely on accounting software in the Financial Close Suite to gain visibility and control over their global operations.
  • The Account Reconciliations and Transaction Matching modules ensure that clients like Four Seasons, Starz Entertainment and Royal Caribbean can streamline the financial close and process the immense volume of transactions they receive on a daily basis in a timely manner—especially credit cards.
  • Software-as-Service (SaaS)
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    The article gives a relative brief intorduction of how BlackLine's accounting software worke well in many brands hotels and casinoes.The Account Reconciliations and Transaction enables lots  of hotels such as Four Seasons, Royal Carriebean, Venetian Casino Resort and so forth can streamline the financial close and process the immense bolume of transactions they receive on a daily basis in a timely manner-especially credit cards, which will reduce more risk of credit cards frauds and maintian security  of cusotmers' consideration. One of good applications is SaaS delivery model. BlackLine enhances the application with a more unify  and complete structure and segregation, which prevents others from seeing its data. Another good example is Kempinski has greatly reduce their excess paper and simplified their account reconciliation process via BlackLine's tehcnology. The web-based application enhable hoteliers access to all stakeholders anywhere at any time, which makes hoteliers gain more valuable effiencies reducing time with audits.
ramomar4

It's RFP Season: Are you ready? Twelve ways to be sure, by John Manderfeld - 0 views

  • Effectively managing requests for proposals (RFPs) is an important process that can get fumbled by even the most capable hotel general managers and sales departments. Since this time of year is "RFP season", now is a good time to review your RFP procedures. Of course, you should be receiving and responding to RFPs throughout the year-but because many travel management organizations plan on a calendar-year schedule, you will receive most RFPs for the upcoming year during July through September.
  • Travel managers have been using RFPs for years for selecting hotels for group business and volume transient accounts. Ten years ago, they mailed or faxed long forms to be completed and returned. Now, most RFPs are sent by e-mail or posted on RFP Web-sites. RFPs for group travel are sent year-round; and the volume-transient RFPs are usually done once a year.
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    Various things to consider when going through a RFP process are: * Make sure you set a timeline and deadline. * Do not rely only on your company's procurement offices alone to do the work for you. * Look for regional vendors also that might offer better and competitive. * Do research on what the competition is doing and using. * Respond to all RFP's and follow through the whole process.
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    It is interesting to see how digital this process has become in the time I have been in the hotel business. It is a great movement though as it allows hotels to get faster communication with groups than they had previously.
Gerson Dias

Four Seasons Earns #1 Spot on L2's Digital IQ Index - 0 views

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    The L2 ranking measures the digital competency of 52 hotel brands via 350 data points across four dimensions: Site, Digital Marketing, Social Media, and Mobile. (As new technology changes the face of travel, Four Seasons is committed to being at the forefront of digital innovation, engaging guests in the ways that are most meaningful to them. It also reflects the brand's long term strategic investment in digital. Examples that led to Four Seasons #1 ranking from L2 include: innovating with Emerging Platforms, creating a powerful and global social presence, mobile access, and the new FourSeasons.com.
Hui Chen

Food Composting in Four Seasons Hotel - 1 views

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    This article shares with us the experience of food composting in Four Seasons Hotel.  It shows readers many facts to prove that  food composting in a hotel can be successful and beneficial. It also gives readers many tips about how to compost food scraps effectively in a hotel.
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    I enjoyed the article very much. I do believe that having a sustainable business is the wave of the future. Its about time that we start giving back to the earth what we take. Having a sustainable business, a LEED hotel, is beneficial to being a leader in the hotel industry.
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