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gulsevim

SiteMinder Brings GDS Representation In-House as Hotel Customers More Than Triple in On... - 1 views

  • Almost 900 hotels located in the world’s top destinations are poised to receive personalized GDS sales and marketing representation from the global hotel industry’s leading cloud platform.
  • GDS by SiteMinder’, gain its own chain code and more than triple in hotel users.
  • Through sales and marketing representation, those hotels can now access a network of GDS experts based in New York, Los Angeles, London, Hong Kong, Paris, Munich and Sydney that will work with travel buyers on their behalf to increase hotel brand exposure and revenue.
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  • Over the past year, GDS by SiteMinder powered nearly 200,000 reservations worth over $60 million in hotel revenue, showing how effective global distribution systems are in bringing guests hotels wouldn’t otherwise attract, especially from Monday to Friday when properties need business most.
  • Mr Lewis-Purcell has spearheaded SiteMinder’s dedicated GDS function over the last 12 months, growing the total number of GDS by SiteMinder hotel users from 250 to almost nine hundred.
  • GDS by SiteMinder uniquely brings cloud-based technology together with legacy GDSs that are as relevant today as they were thirty years ago, to provide hotels an incomparable total distribution platform. It’s now used by about sixty percent more hotels than our industry’s most renowned soft brands.
  • GDS by SiteMinder provides hotels a single point of entry to the world’s major global distribution system providers – Sabre, Amadeus and Travelport – and travel agent network. In addition to sales and marketing representation, hotel users of the GDS connection receive free consortia advice, account management and local customer support.
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    Site Minder by GDS experience, serves as good example to better understand the impact of a GDS's impact on the hotel industry. GDS by SiteMinder provides a single point of entry to over 500 000 travel agents across the globe, which means that hotels can target many type of travelers in multiple geographic regions. By connecting hotels directly to the world's major GDS providers - Sabre, Amadeus, and Travelport - and travel agent network, GDS by SiteMinder offers a major convenience to participating hotels. Through this service, hotels don't have to worry about signing up with each one of these providers. Another advantage of SiteMinder is its affordability; there are no commission fees, rather, just one flat transaction fee per reservation. The company offers free services from GDS experts and free technical account management advice which are other benefits. For instance, in another article, in mid-2013, South Beach Group who has boutique hotels in the heart of Miami Beach, decided to switch its 12 hotels to GDS by SiteMinder. After moving to GDS by SiteMinder, South Beach Group representative highlights the significant increase in bookings leading to a growth in annual revenues by17% in 2013. In essence, GDS by SiteMinder advertises participating hotels to more customers globally within an incomparable distribution platform, with real-time and two-way GDS connectivity. As we can see in the article, in 2016, just within 12 months the total number of users of GDS by SiteMinder increased from 250 to almost 900. This article underlines the importance of GDS for the growth of travel industry. With Site Minder by GDS, one can realize how GDS helps increase hotel bookings by placing hotels on more virtual channels (an analogue of supermarket shelves) globally.  
jie shen

Hotel Safety Tips For Travelers - Detective Kevin Coffey - 0 views

  • Copy all credit cards, airline tickets, passports and important documents, front and back.
  • What to look for in a safe hote
  • Elevator safety
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  • Hotel Safe Considerations
  • Hotel Security Products
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    The article tells all the things about the safety tips for a traveler. Before trip, copy all the documents. It also gives you advice what to look for that may ensure you in a safe hotel. It talks about the safe in the hotel which is always the legal issues happens. It shows different type of hotel security products.
Long Jin

Understanding Security--Where Does All the Guest Data Go? : Hospitality Law Check-In - 1 views

  • As our reliance on computers and electronic data grows, hotel managers and operators have access to your credit card and other personal data.
  • The challenge for hotel employees is ensuring the security of such data so that guests don’t fear hacking or the unauthorized release of private information.
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    This artical talked about where the customer's data go after he finishes check-in, and over the credit card. The author told that as the reliance of technology, the hotel staff can get the customer personal information. Although the technolgoy is convenience for the customer, it is not safe if the hotel can protect the customer privacy. In author's experience, it has been many cases that some one get the customer's personal information through penetrates the hotel system.  It has been many conferences to discussion the problem while it will be very hard to find a solution. And many guest likely to asking friens or to the customer-driven websites for advice abouth the property, or rely on the reputation of the brands.
anonymous

Is it Safe to Use a Hotel's Free Wi-Fi Service? - 0 views

  • Set up good defenses. Your computer's firewall and a strong antivirus software provide your first line of defense, says Mark D. Rasch, co-founder of Secure IT Experts, which advises businesses about security.
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    This article highlights the safety precautions customers should take when using free (or close to free) hotel provided WiFi. Each piece of advice details the appropriate safety measure and details why based on information provided by IT and networking experts.
Yi Sun

Conventional wisdom that fails for IT - 0 views

  • Conventional wisdom that fails for IT
  • I’ve done several posts featuring what I call “Peterisms”, which are basically aphorisms I’ve adopted that encapsulate hard-earned IT lessons. Let’s turn it around this time, and talk about two sayings that sound equally folksy-sensible, and that I hear again and again, but which I feel are actually dangerous to apply to information technology work. And, of course, I’ll discuss why that’s so.
  • As with so many things, that situation represented a management failure too. It reflected a willingness, whether explicit or implicit, to live on borrowed time, hoping to stave off as long as possible the certain-to-come outage that would then take much longer to resolve.  It showed a willingness to tolerate unnecessary inefficiency and risk. It embodied an ongoing refusal to insist on (and prioritize) the necessary hard work to keep the clutter out of the equation.
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  • For information technology, the usefulness of insisting on the primacy of the individual, as an approach to making key decisions on systems-in-the-large, actually runs counter to my practical experience of what works.  An individual operating in a vacuum, even if extremely brilliant, informed, and motivated, tends to have occasional or frequent biases, tunnel vision, and pride of ownership. He misses errors and issues that the scrutiny of multiple eyeballs, not to mention the careful discussion of pros and cons, can easily catch.
  • The people who toss off this old chestnut also often smile triumphantly as if it were both unanswerable and as if they themselves had just invented the clever saying. The aphorism embodies a belief that only a single individual, making all the decisions, can do an effective design.  Note that aside from its humor, the saying doesn’t even make logical sense: a thoroughbred wouldn’t last long in the desert, while a camel is of course a highly optimized creature for its environment.  In addition, people generally apply the aphorism widely, refusing to acknowledge the usefulness of group involvement altogether, in anything. They trot out extreme examples where consensus-gathering has paralyzed action.
  • An example of the usefulness of committees is the Project Portfolio Management (PPM) process I’ve described frequently here on this blog.  Having a sole individual, even the CEO, decide on project inclusion simply isn’t viable over the long run in many corporate cultures–it creates classic problems of lack of buy-in and participation, for example. On the other hand, instituting a suitably chartered and well-facilitated steering committee, composed of senior individuals from the major business areas of the company, forces everyone to put on their “big company hat” as they consider priorities, rather than doggedly insisting on their own department’s parochial perspective. When that’s done well, everyone moves forward with a common understanding and solid commitment, one that’s much less likely when there’s an on-high fiat from a single person.
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    I know of very few aphorisms that tend to be repeated as smugly as this one, particularly by scared people. The implication is that action is generally to be avoided, that the status quo is probably just fine, and that one should wait for a true crisis before intervening. And, of course, that it's your fault if you've ignored this sage advice and intervened anyway. It's ironic, then, how IT departments themselves end up complaining endlessly about how they're always in fire-fighting mode. This prevailing attitude evolves among (and is a telling symptom of) burned-out sysadmins and developers, especially those who are stuck maintaining systems they didn't themselves write or engineer. It can be equally summed up as a "don't touch it, don't breathe on it" kind of superstition. Or, perhaps, it's akin to the proud but defensive statement that "we've always done it that way."
Gyujin Chae

Why upgrade? HVAC and PTAC maintenance | Hotel Management - 0 views

  • We’ve definitely been more diligent in replacing the [climate controls] in our HVAC systems in order to be more efficient
  • Large, modern commercial HVACs can automatically throttle down its power output as a room becomes comfortable, which saves a large amount of money on unnecessary power costs that you avoid with proper controls
  • inefficient A/C makes guests angry and raises costs
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  • For smaller hotels that are unable to afford the large machinery of an HVAC, there is PTAC maintenance
  • Dawes has recommendations for hotels that are actively replacing obsolete PTACs: purchased machines that use transcendental wheel technology over fan blades, which work to reduce noise
  • With transcendental wheels you can lower the overall noise, which we are proponents of
  • There are state and local rebates available for upgrading to modern HVAC technology, and it is a good time to upgrade
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    This article emphasizes the importance of HVAC for hotel properties. Hotels have to work diligently on replacing the climate controls in HVAC systems and to make sure HVAC systems work properly in order to be more efficient and provide hotel guests with comfortable environment, resulting in guests' overall satisfaction. Large and modern commercial HVACs can save a large amount of money on unnecessary power costs and constant maintenance with proper controls. However, there are many hotels that cannot afford the large machinery of an HVAC, so this article introduces PTAC, Packaged terminal air conditioner, which is a type of self-contained heating and air conditioning system, for small-sized hotel properties. Generally, PTAC generates negative sound and visual impact on a room. Randy Dawes, corporate director of facilities at Select Hotels, advices hotels with PTACs to use transcendental wheel technology over fan blades, which reduces noise. This article also urges hotels to upgrade or replace their old HVACs for state of the art HVACs now. Since there are state and local rebates available for upgrading to modern HVAC technology, it is a good time to do so.
anonymous

The Future of Travel Search: New Media Change Landscape | .TR - 1 views

  • The best thing about having these innovations is that information has become more accessible for the public
    • anonymous
       
      This article discusses how people (particularly Russians) are using social media sites to post photos and reviews of their travels. Russians have a higher percentile of using social media sites to make travel suggestions to their families and friends. The numbers are low for England and Germany; while the United States is fairly in the middle. (The text highlighted in green sums it all)
  • their travel experiences. Looking to get advice from friends and family on where to go, Russians lean more towards social media than the United States .
  • more than half of the Russians have become more inclined to share pictures of their travel experiences. Looking to get advice from friends and family on where to go, Russians lean more towards social media than the United States.
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  • tourism industry of the United States and Russia are more inclined to provide services for both mobile and social network sites.
  • The discretionary traveler has become more aware and has taken advantage of innovated media.
  • social networking sites account for more information and updates from marketing companies around the world.
Yingjie Cao

9 Customer Relationship Management (CRM) Apps for Small Business » Small Busi... - 0 views

  • Infusionsoft is one of the market leaders when it comes to CRM, e-mail marketing and marketing Automation.
  • if a customer responds to a specific campaign, then phones in a question, you can trigger your Infusionsoft system to automatically respond appropriately — which goes beyond e-mail and includes faxing, voicemails, even letters.
  • if you only want to store your customer contact information, you can do it for free with InTouch.  If you want to be able to use the powerful customer database and communicate via e-mail or SMS with your customers, then you’ll have to subscribe to a paid plan.
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  • you can see all your customer data at a glance.
  • Social CRM applications encourage many-to-many participation among internal users, as well as customers, partners, affiliates, fans, constituents, donors, members and other external parties, to support sales, customer service and marketing processes. Social CRM works within each of these domains, for example, to provide a social enterprise feedback mechanism in the service domain, or social monitoring or product development in the marketing domain.”
  • Find and join the conversations so you know what’s important to your customers.
  • SalesForce.com is one of the best-known online CRM tools; it was built with sales in mind.
  • generally defined as a look at a person’s online identity, activity, relationship to other people and content. 
  • Rapportive scours the social landscape and provides links and details from LinkedIn, Twitter, Facebook and numerous other sites to give you a fast glance at just who it is you’re corresponding with.  It will also tell you location information, if they are nearby and using such services, of course.
  • It works with Gmail, with Outlook, with the iPhone and Android phones, with Salesforce.com and even Lotus Notes, to create a powerful listening post.
  • You can view blog posts, photos, tweets and more alongside contact history, so if part of your customer experience involves knowing what’s going on in your customer’s life, this is a tool worth trying out. Lots of great reporting and integration with many other small business apps like Mailchimp, Shoeboxed and more.
  • Sales teams can see and access prospect and customer contact information via the Web and mobile devices.
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    To know who your guests are and what they like is definitely a competitive strategy for hotels. From this article, there're tons of Apps working to assist and improve Customer Relationship Management system. According to what I searched, infusionsoft is very time consuming and team initiative to customize properly. It's hard to make each application perfect but the purpose behind them is clear: to communicate with customers as more as we can. Those Apps make teams spread across large distances (and businesses set in one location) to collaborate on leads, contacts, discussions and other items and make this extremely simple to do. So being able to collaborate on more aspects of your daily operations is much more beneficial to overall sales and customer experiences. Some applications bring collaboration to a few narrow aspects of CRM, some bring collaboration to the center of the app, and regardless if you're managing other aspects of your business through software you will need to find ways to collaborate on that as well. Many companies accomplish this by using a variety of applications, but it absolutely brings integration issues and high monthly bills. So a lot of helpful solutions are center collaboration with a feature-consolidating environment across a variety of aspects of business management software. WORKetc is a business management app that combines CRM, PM, Finances (expenses, invoicing, etc) and help desk software into one - and brings collaboration to all of these aspects. Thus, it's essential to collaborate them wisely instead of combining as more as possible.
Linfan Cai

Hospitality eBusiness Strategies, Inc. (HeBS) | Hospitality-Industry.com - 0 views

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    This is a full-service hotel internet marketing firm. The workers in this firm are responsible for hoteliers to take full advantage of the direct online channel. Customers could connect the hotel's main distribution channel by HeBS' websites. They could provide crucial advice, recommendations and solution for the hotel or travel company. The hotel Internet marketing experts could increase Internet presence and online business while capturing new valuable online markets by using all kinds of methodology and tools. The Internet-based business models and techonologies are achieved. The marketers could be the guests' speakers and presenters. Guests could preferably gain more distributions and informations about hotel events, conferences or tourism events. The hotel internet marketing firm is able to build the better joint.
Hyeyoung Jang

IT in hospitality - Express Computer - 1 views

  • Hospitality is amongst the fastest growing sectors in India today, with domestic and foreign tourism, and increased business travelers fueling this momentum. The sector is known to hold as much promise for the country as the much touted IT, ITeS and manufacturing industries. India’s travel and tourism industry is expected to grow 8.4% this year and 8% annually between now and 2016, according to the World Travel & Tourism Council. Conventionally having stayed away from technology, the hotel industry in India is observing a sea change—in its objective and management’s role towards delivering quality customer service. ‘Service’, related to personalized care and hospitality, is finding a friend in advanced systems and gadgets that enhance the service delivered.
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    This article talk about the IT in hospitality industry. They give a example of the India. The number of the India's travel and tourism industry is grow 8.4% in 2008 and will be 8% more increase between now and 2016 according to the World Travel and Tourism Council. The hospitality industry should know the customers needs and the goal of the meeting them should be figured out in such a way that the cost of offering the service(s) does not pinch the company balance sheet i.e. variable costs should not show fluctuations northwards. Marketing gurus would always adhere to one statement for advice: cost need to be justifiable through high probability of ROI. The selection of technology in itself is a vital step. Another global feature that is extremely important is a detailed guest, group and company records. Used with a variety of customized reports, these detailed records allow precise targeting of various marketing efforts to improve occupancy rates, increase yield and enhance strategic planning. Each module should have a customizable report selection menu. The reports should have provision for sorting and filtering of data to enable viewing of the exact information might be required at a moment's notice. A good PMS enables a hospitality enterprise to increase revenue and occupancy, improve guest loyalty and reduce costs by centralizing and streamlining your operations. Forward-thinking properties have already begun building a network infrastructure that offers the flexibility and scalability to adapt to the ever-evolving guest, staff, and property management needs. Ajay Goel, Senior VP - Industry Business, Strategy, Operations, Cisco Systems India & SAARC opined, "These next-generation infrastructures are based on a converged network. They integrate with today's solutions-such as reservation, surveillance, and billing systems-and support the newest applications and technologies. The goal is to take advantage of tomorrow's opportunities while protecting e
Kevona Richardson

Travel agents know something you don't - CNN.com - 0 views

  • In an age where travelers of all ages turn to the Internet to book flight and hotel reservations, modern travel agents are offering expert advice on cruises and tour packages to far-flung locales, advice on the best a particular city has to offer, exclusive perks, hidden discount prices and the security of an adviser in case of inconvenience or disaster.
  • Successful agents know that their customers have access to lots of travel information -- often too much -- and want time-saving guidance, exclusivity and security in a complicated world.
  • It's true that there are fewer U.S. travel agents today: 105,910 in 2010 versus 111,000 in 2006, according to the American Society of Travel Agents. And there are fewer agencies: 14,800 agencies in 2010, compared with 18,850 in 2006, according to ASTA.
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    Arthur & Alex Beach were onboard the Costa Concordia when it began to sink. They were taken from one place to another on bus and train, until they go to an airport outside of Rome where they were able to call their son to call their Travel Agent, Jackie Berube, where she helped them book a flight out the next day. Many people these days have access to the internet where they can look at the information themselves. There are also many people that would like to save the trouble and call a Travel Agency to help them find specific information. Although when the Economy isnt doing so well, they begin to drop Financially because people are traveling less. Travel agents used to rely heavily on a percentage of the price of an airline ticket, now they often charge flat fees for airline ticket purchases or creating a custom trip package.
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    Some travel agents has made a shift in the way they do business. Since most agencies have went out of business after airlines took away their commissions and consumers started to shop online, they had to start offering more service than the internet can provide.
Qianlin Wang

Data Security Basics: Five Security Issues All Hotel Operators Need to Know | hospitali... - 0 views

  • This article looks at the top five issues facing hotel operators and what actionable steps can be taken to decrease the likelihood that your business will be stung by data thieves.
  • Franchise operators need to be aware, however, that an improperly configured RMA is vulnerable to data compromise attack by hackers. 
  • Transaction volume, brand recognition and the potential for sensitive data retention are all factors that make hotels (particularly franchise networks) juicy targets for hackers seeking to exploit insecure networks via the Internet. 
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  • Hotel operators need to know that passwords, designed to keep criminals out, can also be a vulnerability in the absence of proper controls
  • Thanks to wireless networks, guests can speed though the check-in process, expedite valet parking and send room service orders directly to the kitchen.  At the same time, hotel operators should recognize that criminals can leverage improperly secured wireless networks to steal cardholder data and should implement strategies to thwart these efforts. 
  • Despite all best efforts, data compromise events can occur and every hotel operator should have a plan in place. Prompt action must be taken by hotels or restaurants that have experienced a suspected or confirmed security breach to help prevent additional exposure of cardholder data and ensure compliance with the data security requirements. 
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    The article discusses five issues that hotel operations are facing, and how to decrease these issues in regards to data thieves. The first security issue discussed is "Remote Access", the article states "Many hotel operators and franchisors use remote management applications (RMAs)". This enable easy access to manage multiple locations downloads; conduct sales polls, and other systems within multiple companies. A advices to remote control issues are to change vendor default settings, in which you can create unique user IDs and complex passwords. Another advice is to "Configure the RMA", in which users are only allowed to connect to known MAC/IP. I personally don't think that creating a unique ID or account password may solve this issue, but allowing connection capability to a set IP/MAC is a wise intake. Although being able to just connect to a set MAC, will cause a limit on where and when you connect. The second security issue is "Network Security", many transaction volumes are being exposed, brand recognition as well; and that attract hackers. In order to reduce this problem, it is suggested that companies need to install and maintain a fire wall at all time. I agree with this other suggestion which is to Use outside resources to help identify new security vulnerabilities. This is great, because a company will be able to receive an outside outlook in regards to security. The last three issues that are on this list are: Password Management, Wireless Security, and Incident Response Plan. Overall it's evident that any system that has a password requirement is causing a major attraction towards security thieves. The suggestions within this article are great, but from my observation; many companies will have to put in time to track and monitor their systems. Systems can't allow to be left open without monitoring, and the internet is a lead way to all this, so any system that requires the internet must be monitored, and protected.
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    Technology enables service. That's the idea, anyway. In the hotel industry, thousands of companies worldwide provide hundreds of software applications to help hotels and hotel companies manage operations to provide better guest service. However, the hospitality industry continues to find itself targeted for damaging data compromise events by hackers. There are some good ways to decrease the attack of hackers. For example, Remote Access, many hotel operators and franchisors use remote management applications (RMAs).  Their ease of use in managing multiple locations makes them ideally suited to disseminate business downloads, conduct sales polls or survey inventory. RMAs are often packaged from vendors with default or blank passwords. Creating unique user IDs and complex passwords can reduce the risk of data compromise and help facilitate compliance with the Payment Card Industry Data Security Standards (PCI DSS). Another example is about Network Security, transaction volume, brand recognition and the potential for sensitive data retention are all factors that make hotels (particularly franchise networks) juicy targets for hackers seeking to exploit insecure networks via the Internet. The hotel can install and maintain a firewall at all times.  Disabling a firewall can put a business at heightened risk of Internet attacks and potential system compromise.
Adison Heyne

5 Tips For Global E-Commerce Success - Forbes - 1 views

  • To decrease e-commerce friction and cart abandonment, set prices in every relevant local currency,” says Vodnik.
  • Showing sales taxes in a way your online customers are familiar with will avoid suspicion and increase buyer comfort.
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    This article gives simple advice to any business looking into global e-commerce business. I think these points would be valuable to any company, but mainly hotels. Many large hotel corporations are global and international and have to deal with issues listed in this article.
gulsevim

Cloud Software Allows 700-Acre Resort's Financial Team to Regain Significant Man Hours ... - 0 views

  • When Tetherow, a now 700-acre resort in Bend, Oregon, first opened as a golf course and clubhouse in 2008, we were a small business with big ambitions.
  • Today, Tetherow is made up of twenty individual entities rolled into one wholly owned subsidiary, including a 50-room boutique hotel, a pool, two restaurants, vacation rental homes, an events pavilion, a recreation center, a golf academy, and various residential neighborhoods, as well as the 18-course golf course that started it all. In addition to our leadership team, our rapid growth has been led by our financial team’s investment in a technology that allows us to grow fast, under pressure, and with limited risk.
  • We came to realize that the technology and accounting systems that we had added piecemeal over the years to support our burgeoning business, a combination of Jonas restaurant software, QuickBooks, and Excel, didn’t allow us to scale and sustain growth.
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  • After doing some thorough research, we decided to invest in Sage Intacct, a cloud-based financial ERP, because we felt its features – particularly automation – could take on our day-to-day tasks, and give our finance department the time in their day to provide trusted strategic advice, rather than mostly crunch numbers.
  • Our finance team was able to shorten our consolidations process from more than a week to less than four hours per month, cut our monthly close in half – from twenty to fewer than ten days – and regained 24 hours a week – previously spent on cash analysis.
  • Most importantly, a cloud-based financial ERP changed our culture. The finance team saw productivity gains that made us better business partners across the organization. We could provide advice on strategic business decisions
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    Security has always been an issue for financial services which led to avoidance of some new technology systems. Due to advancements in cloud systems, I think it is time for financial services arms of hospitality organizations to reap the increasing number of benefits of cloud computing. Also, cloud-based financial Enterprise Resource Planning (ERP) helps companies enter new markets, explore new opportunities, and strengthen their business processes. Cloud-based financial ERP has certainly helped Tetherow Resort by reducing costs and allowing their finance department to concentrate on their strategic business matters rather than dealing with IT and infrastructure issues. By switching to a cloud-based system, Tetherow Resort was able to reduce the amount of infrastructure stored onsite, reduce costs of the process and develop new strategic plans. In my view, there is a huge potential in cloud-based financial ERP in for financial and even non-financial companies, because through this system companies' finance departments are able to increase the efficiency of their operations.
lvela051

Shaping the Events Industry - THISDAYLIVE - 1 views

  • An industry that contributes conservatively over N100billion to the Gross Domestic Product (GDP) of Nigeria annually and potentially has about N1trillion in turnover clearly needs to regulate itself.
  • This prompted the convener of Events Market Nigeria (EMN), Temitope Amodu, to bring all the players together such as wedding vendors, stakeholders, entrepreneurs, make-up artistes, DJs and event market enthusiasts among others who gathered for a day of networking, mentoring and discussions on pertinent issues about Nigeria’s ever growing event industry.
  • The 10th edition of the Event Market Nigeria Meet and Greet was the largest free gathering of participants in the event industry in recent times,
    • lvela051
       
      Have a free gathering of over 700 attendees.
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  • said a country that has a population for almost 200 million people and a reputation for an ostentatious culture, it is a no-brainer that the events industry is a rough diamond
    • lvela051
       
      None seem interested in such a profitable industry with potential.
  • to share industry related insights and emphasised the importance of collaboration as the new completion within the event cycle.
    • lvela051
       
      Collaboration is needed to create a successful event.
  • He noted that since people love events and have fun, they look for any excuse to throw a party (it is the only thing that can make people sane in a recession or in a volatile emerging market). Thus, it is a no-brainer to set up a business or be involved in any trade or activity that cashes in on this idiosyncrasy.
  • The recent growth in the events industry has contributed to the spontaneous growth in many business verticals e.g. event planning, venue, photography, food and many more services along this massive value chain.
    • lvela051
       
      All contributors in the success.
  • the hospitality industry has been a source of optimal returns for investors.
    • lvela051
       
      event management being a part of that industry.
  • The events industry has grown at an average pace of 6.2 per cent each year globally since 2003.
  • 7 million dollars was spent on parties in Lagos over a five months period in 2013.
  • Nigerian company or middle-class family spends over 15,000 dollars per event.
  • The goal is to create an ecosystem that allows growth and development to take place, one that identifies, creates and drives excellence within the youths and veterans of the event industry.
    • lvela051
       
      Main goal within the event industry.
  • It involves studying the brand, identifying the target audience, devising the event concept, planning the logistics and coordinating the technical aspects before actually launching the event.
    • lvela051
       
      Event Management:
  • Basically, there are two types of events, namely; corporate and social events.
    • lvela051
       
      Its important to determine which events are mostly going to be catered too.
  • It is not a very organised industry; particularly because there is no specific legislation regulating this sector of the economy.
  • A common complaint from customers/clients of the industry is the issue of liability.
  • when disputes arise between a professional in the events industry and a client, there are no regulations on the applicable dispute resolution mechanisms
  • the industry is too fragmented.
  • Protect your business via written contracts, create a proper corporate structure for your business, adhere to the simple principles of corporate governance (e.g. have a board of directors or advisors etc), retain a good audit and tax firm to examine your books annually and make your business tax efficient, retain a legal partner to mitigate your legal risks. Run a business and not a hobby!”
    • lvela051
       
      Important to Protect the business legally.
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    The focus of the article is to highlight how the event industry is becoming more popular among the hospitality industry in Nigeria. It mentions the Events Market Nigeria (EMN) group aims to provide a places that allows for growth and development within the event industry with the newcomers and experienced event planners. The event that was hosted by the EMN, provides free gathering that offer different speakers to offer advice and their experience to those attendees willing to listen. Throughout the article, it states that the country of Nigeria has a population of "almost $200 million people and a reputation for an ostentatious culture", which makes it a perfect place to invest in the event industry. Especially due to the fact that the industry is a source of a more favorable return on investment even though other sources in Nigeria are considered more attractive. What makes the event industry profitable, is the ability to venture with other businesses such as venues, catering, event planning and more. But with all the good, the article does point out the issues such as liability and the lack of rules that are set for the industry. I think that it's an important topic to consider because hotels are implementing a source of revenue with renting out meeting spaces and catering services to outside companies. With more and more events being planned, I think it's a great business to venture in. The ability to have an events department within a hotel or even a restaurant gives the establishment to produce more revenue within other departments. Such as a hotel, the planning of a meeting not only brings in the revenue of the space being rented but also to Food and Beverage with the catering aspect and the front desk with the rooms being occupied by the clients and attendees.
da7327

Thomson ReutersVoice: How Technology Is Disrupting Accounting -- And Why The Industry M... - 1 views

  • It’s hard to believe the impact that technology has had on all of us, including the accounting profession.
  • Over the years, accounting firms got on board with websites, which allowed them to market differently and far more effectively. Personal client portals were introduced by Thomson Reuters in 2001, effectively eliminating geographic constraints for firms. With portals, they could serve clients 24x7, regardless of location, and communicate and collaborate far better than they could previously. The Web, mobile and social media have had an enormous impact on how firms can operate today. Social marketing has proven to be very effective in many firms. Audits have changed radically. Now they can be done online, with content also accessed online. We can research anywhere, anytime as well.
  • The next 20 years will see even more dramatic change for the profession. Artificial Intelligence (AI), cognitive computing/machine learning, natural language processing and blockchain are the hot topics today – of course, converging with big data.
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  • True business analytics will come into play – given the amount of data we’ll be able to collect and the machine assistance we’ll have – to put real meaning around the data and guidance for our business clients.
  • The concept of the continuous, real-time audit will come into play, and we’ll be assisted in our judgments – although the human element won’t entirely disappear. Fraud detection will be easier and far faster. Blockchain will move the auditor’s role away from having to check transaction data, and it will be used to test audit assertions as well.
  •  
    This article describes how technology will affect accounting system, and the reason to adapt new technology. The world has been dramatically changed over 20years. Paper was dominant back in 1990' but now most jobs are done by computer and Internet, and furthermore, the monthly fee for the Internet has been going down a lot. Everyone in the world enjoys the advantages of the Internet, and job efficiency increases. Especially, this article said technology will impact accounting profession a lot in the future. When we consider the current technology development in accounting area, the Web, mobile and social media have had a huge impact on company's operation. This article introduces that artificial intelligence(AI), cognitive computing/machine learning, natural language processing and blockchain will be adapted highly in next 20 years. For example, tax systems will guide us through the calculations and highlighting review section, and provide advice. A Huge amount of data will be collected and generate real meaning about the data and guide the business. Furthermore, continuous and real-time audit will be available. Fraud detection also will be faster and easier. As can be seen here, the profession will evolve very rapidly in next 20 years, which means it will be completely different from what we see today. This disruption challenges us to catch up with the fast pace of change but the potential of new technology provides opportunity, so adjustment for new pace is needed.
sdavi111

How To Use Social Media To Build Your Catering Company - Convert With Content - 0 views

  • You’ve already committed a sin in the social media world. It’s the personal page vs. fan page debate, and it’s a hot one.
  • how will your new
  • fans tag you in posts if they aren’t your “friend”
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  • The next thing I want you to work on is your online
  • distribution
  • work on building your Instagram presence
  • Food is killer on Instagram,
  • because people love to look at photos of food
  • Use the new video feature to
  • enrapture your audience and make them want to buy your products.
  • start branding yourself on Pinterest.
  • Since you are a content creator (hello, you create food for a living!) you can pin your own images and edit them to link to your site from the backend of your Pinterest account.
  • One thing that will be very important to help brand yourself on Pinterest is creating keyword-friendly board
  • names. Things like “food” and “beverages” won’t cut it. Create boards that are more original and that people will search for online. Board names like “DIY Party Ideas” or “Summer BBQ Appetizers” are going to bring your brand more value and more search traffic.
  • create a blog
  •  
    Although technically this is not an article per say it is a tremendous piece of advice on how best to market your company especially if you don't have the budget for a marketing/PR firm or you don't have people within your organization to dedicate the hours needed to create a campaign. This article has simple ways that you can boost your business and it can truly be done while drinking your first cup of coffee! I know it is what I did with my company!
avanzado

Hotel Safety: Security for Hospitality and Hotel Management Companies | By Kacey Bradley - 1 views

  • improved software allows hotel owners to match up specific transactions with the surveillance footage,
  • IT and security departments should work in conjunction
  • Offering employees profit-sharing, a stake in the hotel's future is an effective way to improve security.
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  • Mobile keys, on the other hand, strengthen security and allow guests to bypass the front desk altogether.
  • Most commercial properties have some type of video surveillance system.
  • Profit-sharing gives employees room to grow in a chaotic industry. Most profits come in the form of an end-of-year bonus people can use to their hearts' desire. Beyond increased loyalty, employees with profit-sharing options are more likely to take ownership of their role in the business and improve productivity.
  • Your Wi-Fi should be a secure network users must log in to before using. Make the username and password easy to find. Also, alert guests about possible security risks, such as connecting to public Wi-Fi networks nearby that don't require a password.
  • A straightforward update is an in-room safe. It's easy to come up with relevant items to stash inside, especially when traveling. Guests can stow essential documents, passports, collectible coins, souvenir gifts and more.
  • A safe and secure environment all starts with knowledgeable staff. Set up regular meetings with all employees to talk about guest safety. Go over OSHA requirements and how the team can stay safe in the event of fire and evacuation. You should also provide training on compliance regulations and bloodborne pathogens.
  • In today's technologically advanced world, guest and staff security are more critical than ever. Luckily, you can take plenty of steps to make improvements. From smart surveillance technology to secure Wi-Fi networks, read the advice below to improve your hotel's setup.
  • In today's technologically advanced world, guest and staff security are more critical than ever. Luckily, you can take plenty of steps to make improvements. From smart surveillance technology to secure Wi-Fi networks, read the advice below to improve your hotel's setup.
  •  
    This article basically gives tips about how to create a safe hotel. There are many ways you can ensure that your staff and hotel guests are protected.
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  •  
    Among other ways that hotels in the modern are using to ensure safety and security, the article looks at cybersecurity. The author proposes that hotels' security and IT departments should work together to create a safe online environment that "prevents unwanted third parties, like hackers, from intercepting private guest data." This reiterates the significance of updating computer equipment to mitigate potential threats.
  •  
    This is a great article that explains the different ways hotels are trying to make staying at a hotel safer. They start by explaining how they have surveillance cameras placed around the hotel to help them see everything that is happening all at once. Cybersecurity protects the hotels computer systems from being hacked and having people steal all the hotels and customers information. Mobile room keys helps guests find their keys faster because they will now have it on their mobile devices. For hotels the guests safety are their top priority and they train their staff to believe in the same thing.
  •  
    This article is about steps a property can take in order to ensure the safety of their employees and guests. This includes: surveillance cameras, cybersecurity, mobile room keys, safes in rooms, among other things. - Be sure to invest in high-quality cameras that can pick up the little details, such as facial features and bill amounts. - Your Wi-Fi should be a secure network users must log in to before using. Make the username and password easy to find. - Mobile keys strengthen security and allow guests to bypass the front desk altogether. -Set up regular meetings with all employees to talk about guest safety. -In terms of profit-sharing, workers feel a sense of pride or ownership, they will keep their eyes and ears open for signs of waste, fraud or theft.
  •  
    This article talks about hotel's safety and the usage of surveillance cameras, cybersecruity, mobile room keys, guest safety, staff training, and profit sharing. Each section talks about the procedures that should be taken to keep guest and staff safe.
Dongyun Oh

Red Robin CIO Drives Change Through IT Management - 0 views

  •  
    Statistically speaking, CIOs don't become CEOs. But it's not because they don't want it. Research shows that nearly half of CIOs aspire to become chief executive, but only four percent actually get there. Much more frequently, CEOs for the world's top companies - about half in fact - come up through C-level financial or operating roles (Vanson Bourne, 2012). Chris Laping, CIO of Red Robin Gourmet Burgers (www.redrobin.com), strongly believes this is because technology executives are too often focused on engineering and IT solutions to embrace their most valuable leadership quality: the ability to manage change. Technology leaders, he believes, possess powerful project management skills that can and should be leveraged across the business for even the most non-IT initiatives, with the particular role of being agents for change. Laping's official role at Red Robin is indicative of that practice: he's the company's senior vice president of business transformation and CIO. In that role, he oversees the company's technology, learning and development, enterprise project management and operations services teams. In this exclusive interview with Hospitality Technology, Laping shares how the technology team has taken on a business transformation role at Red Robin, and describes his overall vision for IT leaders. But it's not something CIOs are handed; they have to drive it, says Laping. Driving this change, perhaps, will also help more CIOs chase down their chief-executive dreams. HT: Let's start with some definitions: "business transformation" and "change agents" are pretty heady buzzwords that get tossed around executive boardrooms. What does business transformation really mean? LAPING: If you look at a classic Wikipedia definition of business transformation, it talks about people, process and technology. So when you push change through people, you usually do that through training. If you want to change business performan
Chi Zhang

Hotel Motel Security, Advice for Travelers, security consultant, Chris McGoey, hotel, m... - 0 views

  • Upper floors are safer from crime, but worse for fire rescue. Emergency rescue is best below the fifth floor.
  • In a high-rise building, rooms above the fifth-floor are usually safer from crime than those below because of lesser accessibility and ease of escape.
  • The room door should have a wide-angle peephole so you can view who is at the door before opening.
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  • Doors should be self-closing and self-locking. Room doors should have a deadbolt lock with at least a one-inch throw bolt.
  • Do not open your door to someone who knocks unannounced.
  • Put the Do-Not-Disturb sign on the doorknob even when you are away, this deters room burglars (it may affect housekeeping service, however).
  • When you find a suitable hotel that meets your safety standards and will cater to your security needs try to stick with it or with the same hotel chain.
  •  
    Most hotels can be entered without any restrictions. When traveling on business or pleasure, your hotel guest should feel safe and relaxed while they stay in your hotel. The hotel has to offer custom hotel security officers and patrol services, according to the location, image, and clientele of the hotel. Most international hotels have spent a considerable sum to ensure your safety and security. Fire safety equipment, CCTVs, and security patrols are often part of the hotel's security plan. Regardless of the level of security provided by the hotel, you need to become familiar with certain aspects of the security profile of the hotel. This will take on increased significance when you may be forced to stay at the only hotel at a particular location.
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