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dulvanesei

Canalys: Cloud spending hit record $31 billion in Q1 2020, but growth continues to slow | VentureBeat - 0 views

  • the cloud
  • spending increase was an established trend, with Q1 2019
  • These numbers also show that while the overall dollar spend continues to rise, the rate of growth is slowing.
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  • But while cloud usage has certainly been up, service providers have experienced a downside —
  • Indeed, some of the industries hit worst by the global pandemic — such as hospitality, tourism, and construction — have cut or delayed planned cloud spending.
  • We saw an unprecedented surge in demand and use of cloud-based applications primarily driven by remote working — not just collaboration tools, but also cloud security, which was also added to by increased ecommerce and other online activity
  • What is clear, however, is that cloud services will likely only grow in demand if remote working continues in the future.
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    this article is about the increasing demands of cloud computing, and is also leading to a rise in dollar spending. Remote working has been the drive for the increasing demands of cloud computing but as the result of the Covid-19 pandemic and the slow down of large business advising led project. The concern is that while the demands are going up, the actual growth of cloud computing is not.
Carolina Ferrer

How Technology Is Upending the Meetings Industry - Skift - 1 views

  • The discussion revolving around event technology in destination meetings has exploded in the last year among hotels and tourism bureaus trying to come to grips with the exponential growth in demand for event tech and the onslaught of new tech providers.
  • many travel suppliers are adapting quickly to the need for more fluid and dynamic meeting design integrating new forms of technology and digital communications at every level.
  • “These technologies provide planners with greater opportunities to increase engagement and generate and capture real-time feedback, while attendees can gain a richer and more connected experience throughout the event life cycle,” said Issa Jouaneh, VP and general manager of American Express Meetings & Events
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  • An event app is basically like a dedicated social network and appointment calendar for the community of participants at a specific meeting. They can be as simple or as complex as a meeting planner wishes, with pricing to develop them ranging from a few hundred to tens of thousands of dollars.
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    This article goes into great detail about how technology is growing within the hotel and tourism industry. The VP of American Express Meeting and Events states that new technologies are providing event planners with much more opportunities to increase participant engagement, obtain feedback and get more connected. The article also dives into the fact that event planners notice that new technology may be a distraction to people who are not accustomed to it. A fun fact I found about this article that event mobile applications can be customized to range up to thousands of dollars to develop and maintain. It seems that meeting applications are working well with larger events as opposed to smaller sized meetings.
ahyla001

Have Restaurants Altered Their Social Media Approach? | Boston Hospitality Review - 2 views

  • The pandemic has brought with it confirmation that digital transformation is not only necessary but essential to business longevity.
  • while time spent online has skyrocketed by 37%, consumers “won’t go back to offline channels.” Nearly a third (29%) said “they’ll be using digital channels increasingly more post-crisis.”
  • between 46% and 51% of American adults are using social media more since the outbreak of COVID-19 began. More recently, the same survey conducted by The Harris Poll found that 51% of total respondents – 60% of those ages 18 to 34, 64% of those ages 35 to 49, and 34% of those ages 65 and up
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  •  30% of millennial diners actively avoid restaurants with a weak Instagram presence. As such, restaurants should seek to optimize their digital presence on the platform to drive engagement and sales. 
  • “Many restaurants that never paid for posts on Instagram prior to the pandemic now find the investment well worth their dollar,”
  • show people that they care and connect with consumers on a more “purposeful” level to ultimately build trust with their community and those within it.
  • “Now, more than ever, every dollar counts, and brands must remain extraordinarily vigilant about allocating dollars into marketing tools that will move the needle,”
  • “As much as COVID was one of the worst things to happen to society and to our industry. It’s forced us to become more innovative than ever before.”
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    This article is about the integration of social media in marketing for restaurants, and particularly how that has adapted and changed as a result of the pandemic. The article gives a brief introduction with some statistics outlining the particular usage of social media by different generations and how they make decisions regarding the content they see on that social platform. It then goes into detail about how Instagram is the primary platform that leads to success for restaurants marketing. It then takes a slight turn and explains that many consumers are looking to give their business and attention to entities that take social or other stands and seem to have a genuine care for making the world a better place. It has also been shown that outsourcing of marketing has reduced as a result of the pandemic and the need to save money during the hard times. Additionally, there is something that consumers find appealing about the genuine marketing that an internal employee is able to do on a platform such as instagram. The article concludes that even though the pandemic has been a terrible thing, it has forced restaurants to become more proactive and innovative in their marketing strategies.
sosor012

Ransomware attack on chip supplier causes delays for semiconductor groups | Financial Times - 0 views

  • Disruption from a ransomware attack on a little-known supplier to the world’s largest semiconductor equipment manufacturers will continue into March, in a new setback to chip production after years of coronavirus-related delays.
  • first identified on February 3,
  • MKS’s customers include many of the largest companies that produce semiconductors and the specialised equipment necessary to manufacture them, including TSMC, Intel, Samsung and ASML.
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  • The company had revealed on Monday that it could still take “weeks” more to restore operations and would cost hundreds of millions of dollars in lost or delayed sales. Most ransomware victims are able to recover in about three weeks, according to industry estimates.
  • The attack affected “production-related systems
  • , the company has now told the US stock market regulator that it is unable to file its annual report on time
  • the final impact on quarterly sales could total as much as $500mn — more than half what Wall Street had previously predicted
  • The semiconductor supply chain, which in many places relies on components made by only one provider, has faced repeated shortages over the past two to three years due to production and logistics delays.
  • However, demand for smartphones and other consumer electronics has waned in recent months as coronavirus lockdowns eased and consumer spending has been squeezed by inflation.
  • , it is unclear if MKS will be encouraged by US law enforcement to resolve the issue by paying a ransom.
  • Shares in MKS fell by about 15 per cent between February 3,
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    The article "Ransomware attack on chip supplier causes delays for semiconductor groups," discusses the affects on a company due to a cyberattack that occurred February 3rd. The company is believed to have setbacks into March and that it would cost hundreds of millions of dollars in lost or delayed sales. The company also believes they will be unable to file its annual report on time and possibly have to resolve the issue by paying a ransom. This also cost a 15% decrease of shares for the Company.
Scott Kane

Socket Mobile's (SCKT) Barcode Scanner Integrated into Apple iPad Based POS by NCR « TheOTCInvestor.com - 0 views

  • “With NCR Silver, Socket barcode scanners, and the Apple iPad, small retailers can increase sales by offering more intimate customer service and having the flexibility to take payments outside the store at remote locations like farmers’ markets or street fairs.”
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    The multi-bilion dollar NCR Corporation has invested in a new and innovative barcode scanner for a mobile POS system from a company named Socket Mobile. Socket Mobile has 20 years experience in the industry and offers a variety of products that increase productivity and drive operational efficiencies. The barcode scanner will allow its users to offer a greater standard of service to customers. The barcode scanner can be wirelessly used and brought around place to place using bluetooth. A great example in the article it mentions the product could be used outside the store at say a farmers market or street fair. The product has a high level of technology and offers better features than a traditional wireless scanner.
laura kaczkowski

Uniform Marketing New Restaurant Technology of the Future - 0 views

  • When Superior Uniform Group (sug) began manufacturing uniforms in 1920, chances are no one in the company ever thought it would launch a media division more than nine decades later.
  • Through a licensing agreement with Eyelevel Interactive, the division offers advertising panels with mobile action codes that can attach to uniforms with Velcro. Customers can scan the mobile action codes, or MACs (similar to the QR codes that many quick serves are including with marketing materials) with their smartphones using popular apps like Microsoft Tag, Android’s ZXing, and various iPhone apps.
  • “What we’re doing is taking the uniform, which is [traditionally] a utilitarian item used to identify employees, and turning it into a flexible and effective point-of-purchase advertising system,” says SUG CEO Michael Benstock.
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  • Of course, the interaction encouraged by such a uniform amounts to more than just looking. Customers would have to wave their phones in the vicinity of an employee’s uniform (in many cases, the employee’s back) to scan the MAC. It’s safe to assume a few customers and employees might find this kind of interaction a little uncomfortable, but de Mattei says none of the brands he is negotiating with have raised serious concerns.
  • McDonald’s would not confirm to QSR whether it is working with SUG or planning to roll out interactive uniforms. Subway spokesman Les Winograd says the company believes the concept of interactive uniforms has “merit,” but “they are not something we are actively looking at right now.” Chipotle spokesman Chris Arnold says the Denver-based chain isn’t exploring the option, either. It remains to be seen whether interactive uniforms make sense for quick-serve restaurants. The glaring concern is an obvious one: crewmembers strive to serve their menu items quickly, and having customers scanning employee uniforms may slow down service
  • “My overall opinion of QR codes is really favorable,” he says. “I’m completely convinced that they are very powerful in what they can do for a brand. It’s a big opportunity, but I wonder if uniforms are the place where we’ll see this pop in [quick service].”
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    In the article "Would Your Crew Wear Mobile Apps?" it talks about a new way of advertising through uniforms. On the back of a crew members uniform there is a QR code and the customer just has to scan the code it shows them coupons and deals the restaurant is promoting. I feel that this way of advertising is easy and fun; people love using technology and what better way to incorporate it then by using your Smartphone! In the article they asked different fast food restaurants if they would use this product and although they thought it was a good idea they felt that it would be taking away from a fast paced environment. In the article it states that traditional media is not what it use to be, ""There are billions of dollars being spent on it, and [traditional ads] are driving consumers to the stores, but at that point consumers still don't know what they're going to buy." Overall, I feel that this product would bring in a lot of customers and it's a great way to advertise things on the menu, I'm all for this idea!
martha villamizar

Travel and Hospitality | Keane | IT Investments. Optimized. - 1 views

  • Optimized solutions to maximize customer value As a trusted partner to hotels, airlines, and other hospitality service providers, Keane designs and builds systems and business processes to support loyalty and affinity programs, and mobile applications that bring added convenience to travelers. We evolve, operate, and maintain innovative applications such as passenger check-in, airline availability, airline cargo, departure control, and airline message interface solutions — bringing added efficiency, productivity, and convenience
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    Kaene its a NTT data company that offers a technology solution to optimize and maximize customer value. Kaene designes systems and programs that bring convinence to people who loves to travel. Kaene develops applications such as check in, departure control, etc. In the hospitality industry, Kaene has created a new online credit card payment system, to secure millions of dollars in real time. Also, customer service has improved with all the hotel technology, and also has reduced costs....
vincentsalazar

HNN - 0 views

  • Recent global data released by TravelClick projects 2015 to be a record year for bookings through global distribution systems, the channel used when guests book through traditional travel agents. TravelClick is projecting 62 million bookings through GDSes in 2015, which is up from 61 million in 2014 and 42 million during the depths of the recession in 2009.   According to the data, a total of $12 billion in revenue was booked across all channels in the second quarter in the top 50 global markets, encompassing 69 million roomnights. GDS bookings covered 16.3% of those bookings. The highest portion of bookings came through direct bookings (36.9%), followed by Web bookings (22.5%). Central reservations system bookings (12.8%) and OTA bookings (10.2%) represent the remaining portion.   GDS bookings have managed to hold their share of transient bookings through the past two years, staying steady at 19.1% during the second quarter of each year. The total revenue from transient bookings in the top 50 markets during the second quarter grew year over year from $11.5 billion in 2014 to $11.8 billion this year.  
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    "Recent global data released by TravelClick projects 2015 to be a record year for bookings through global distribution systems, the channel used when guests book through traditional travel agents. TravelClick is projecting 62 million bookings through GDSes in 2015, which is up from 61 million in 2014 and 42 million during the depths of the recession in 2009. According to the data, a total of $12 billion in revenue was booked across all channels in the second quarter in the top 50 global markets, encompassing 69 million roomnights. GDS bookings covered 16.3% of those bookings. The highest portion of bookings came through direct bookings (36.9%), followed by Web bookings (22.5%). Central reservations system bookings (12.8%) and OTA bookings (10.2%) represent the remaining portion. GDS bookings have managed to hold their share of transient bookings through the past two years, staying steady at 19.1% during the second quarter of each year. The total revenue from transient bookings in the top 50 markets during the second quarter grew year over year from $11.5 billion in 2014 to $11.8 billion this year. " This article elaborates the rise in current and predicted bookings by GDS systems in the Hospitality industry. Over 12 billion dollars in revenue has been recorded thanks to the rise of GDS systems. This revenue has managed to hold on to a steady rise since over the last 5 years. If projections are correct, revenue in top markets will only grow larger.
Xinyu Tian

- USATODAY.com - 1 views

  • To keep robes and towels from checking out, a small but growing number of hotels are starting to use new radio frequency chips to keep track of their inventory.
  • Bendable and washable, the tags can be read by sensors up to 6 feet away. When towels are removed from a closet, for example, a reader station can register how many, so that the closet can be restocked.
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    This article in USATODAY published in 2011 talks about the cost benefit analysis of RFID tags and hotel linens. Hotels are using this technology to keep an accurate count of all their linens: bathrobes, bed sheets, towels, bathmats, pool towels, etc. The benefit of having an accurate count is especially significant today with the rising price of oil which in turn raises everything including cotton. By investing an additional dollar per towel the Hotel can cut down on labor costs and improve housekeeping productivity. The initial investment is high which is why many hotels cannot afford the technology. I would recommend that high-end luxury hotels invest in the RFID tags however because of the higher prices of luxury linens. By preventing asset pilfering the Hotel will retain their initial investment in linens.
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    Data field encryption can be the solution to protect the credit card information of the guests. Nowadays there are still problems with cardholder data in many establishments such as bars, restaurants, shopping stores, and hotels.
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    RFID technology can be applied to various aspects of operations at a hotel. For example, RFID tags can be used to keep track of linens and laundry items to save costs and improve guest satisfaction. About 5% to 20% of linens at hotels typically go missing.
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    Based on other related articles I read, it seems like the utilization of RFID technology will start increasing its use in hospitality industry in 2-3 years and become the mainstream of tracking system in the next 4 years.
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    Since the RFID tags are being added to hotel property there are no privacy concerns as well making this technology more user acceptable.
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    In my cruise ship post, I mention that wrist bands are now RFID enabled to keep tabs on the wherebouts of guests on the ships and on large resort complexes as well. They actually make a great secure way of payments while on vacation. You just tap/scan the wristband and can charge items to your room.
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    I saw that and I enjoyed your cruise ship article very much. However I am glad that cruise ships are still making RFID wrist bands optional because of privacy concerns, the last thing you want to worry about while on vacation.
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    In my opinion it's an ideal solution but a bit impratical. Is it worth spending that one extra dollar on all the linens in a hotel just to prevent 5% to 20% known loss? Intention of cutting losses might end with increasing cost. Don't forget the tracking RFID also requires maintenance, which also costs extra.
Ted Rood

FTC Sues Wyndham Hotels Over Data Security Failures - Security - Privacy - Informationweek - 0 views

  • The Federal Trade Commission Tuesday announced that it had filed a suit against global hospitality company Wyndham Worldwide Corporation, as well as three of its subsidiaries
  • failing to institute a robust information security program, even in the wake of a major exploit.
  • exposure of over 600,000 credit card accounts and $10.6 million in fraudulent credit card charges, the FTC alleged.
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  • More Security Insights Webcasts Malware from B to Z: Inside the threat from Blackhole to ZeroAccess Remove Administrator Rights Without Disrupting End User Productivity More >>White Papers
  • Valentino said the company overhauled its information security practices in the wake of the attacks, and also dismissed claims that anyone had been harmed by the breaches. "At the time of these incidents, we made prompt efforts to notify the hotel customers whose information may have been compromised, and offered them credit monitoring services," he said. "To date, we have not received any indication that any hotel customer experienced a financial loss as a result of these attacks."
  • "unfair and deceptive
  • The FTC accused Wyndham of failing to address the security vulnerabilities highlighted by the first breach, as well as failing to implement technology that could have detected unauthorized access to its networks. As a result, the agency said, in March 2009 attackers--"using similar techniques as in the first breach"--again
  • gained access to the Wyndham Hotels and Resorts network.
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    This article describes one of the worst situations that could occur when operating a hotel. According to the text, Wyndham Hotel Group failed to implement a strong enough security system, resulting in hackers breaching the network and stealing over 600,000 credit card numbers and over 10 million dollars in fraudulent charges. The FTC is suing Wyndham Corporation for failing to take the proper security measures to guarantee the security of the most important customer information. The FTC also states that Wyndham used improper software configurations that presented credit card information in a manner that was clear and easy to read. Michael Valentino, spokesman for Wyndham Worldwide, the company made prompt efforts to notify those whose information had been compromised and according to Valentino, no hotel customer had experienced a financial loss as a result of the attacks.  Despite Valentino's claims, the FTC is suing Wyndham for unfair and deceptive practices in failing to protect the privacy and personally identifiable information about guests. The FTC claims that Wyndham failed to address the security failures that occurred after the first breach in 2008 and did not implement technology that could have detected unauthorized access to networks. In 2009, hackers used similar techniques to break into the network again as steal as much personal information as they could. 
Yoshihiro Kanno

Hotel Website Analytics: Is There Such Thing as Free Lunch? | By Adam Hammock and Lindsay Denninger - 0 views

  • There is no medium that allows tracking like the Internet does,
  • Website and campaign conversions, ROIs, pathing and behavioral metrics have become standard, and many hoteliers are turning to more sophisticated tools to measure these essential metrics.
  • SiteCatalyst, though a paid website analytics application, proves to be worth the expense.
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  • It offers far more custom metrics and variables than Google Analytics, along with a higher quantity and customization of reports and dashboards for our HeBS Digital client base.
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    This article showed how online marketing analytic tools have become sophisticated and help hoteliers to develop more effective marketing strategy. For example, Adobe Site Catalyst has developed its segmentation capabilities that allow users to quickly dissect a slew of visitors to unveil special characteristics otherwise you would not be able to notice. This is a revolutionary way of data mining which was not in our marketing text book. As opposed to that Google Analytics is free, you have to pay to use this SiteCatalyst. Whether it is worth your dollar is depending on your size of business and branding strategy. 
Ryan Jove

Baidu to invest $1.6B in cloud-computing center - MarketWatch - 0 views

  • Baidu Inc
  • invest roughly 10 billion yuan ($1.6 billion) in a cloud computing center.
  • China's leading search engine by revenue has been pushing hard to expand its hold of the rapidly growing mobile Internet market, and cloud computing--or remote online data storage--has been a key part of that initiative.
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  • the company introduced a new mobile web browser that offers Baidu services, speedy downloads, and applications that can run directly in the browser.
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    This current events article discusses the forward motion of cloud computing.  Baidu Inc, China's leading search engine, is investing about 1.6 billion dollars into cloud computing.  This improves their hold on the young Chinese mobile internet space.  This should solidify them as the largest Chinese search engine, following Google's vacating in 2010. 
frank rodriguez

On Orbitz, Mac Users Steered to Pricier Hotels - WSJ.com - 0 views

  • Orbitz Worldwide Inc. OWW 0.00% has found that people who use Apple Inc.'s AAPL +1.91% Mac computers spend as much as 30% more a night on hotels, so the online travel agency is starting to show them different, and sometimes costlier, travel options than Windows visitors see.
  • in this case, the fact that customers are visiting Orbitz.com from a Mac—to start predicting their tastes and spending habits.
  • Orbitz found Mac users on average spend $20 to $30 more a night on hotels than their PC counterparts
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  • Rival travel sites Expedia Inc., EXPE +0.66% Priceline.com Inc. PCLN +2.24% and Travelocity, which is a unit of Sabre Holdings Corp., don't use a person's computer operating system when suggesting hotels, spokesmen said. Apple declined to comment.
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    Here is something interesting for you Mac users. Did you knew that you are actually being charged more to use websites like Orbitz or Priceline? Don't believe me, well check it out. Over the last year or two Orbitz has been working on what they call "predictive analytics". Meaning they are able to predict where consumers will likely book their reservations based on what computer they are using. The article states that, Mac users are 40% more likely to book a four to five star hotel than PC users. Since companies like Orbitz (who took a 37 million dollar loss in 2011) are taking big hits from the lack of travelling thanks to the economy, they are trying to create any advantage they can in order to turn the market around. One thing to point out, is that Orbitz's competitors like Priceline and Expedia said that they do not base their sales on what computers the consumers are using, Apple had no comment. Orbitz said the effort to incorporate Mac vs. PC distinctions is still in its formative stages and isn't evident across the site. Other factors have more influence over results, Mr. Liew said, including a user's location and history on the site, as well as a hotel's overall popularity and promotions. Still, he said, use of a Mac can influence results.
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    CHECK THIS OUT MAC USERS
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    The best part of the article is how it states a good POS system is one that doesn't let you waste time with the POS. Instead your attention can be turned to your customers and staff. The system will do everything for you just by a touch of buttons from the screen. All you would have to do is print out the information and it will tell you everything you need to run a sucessfull establishment.
Karin Goodine

HSMAI Article - E-Commerce Now And In The Future - 0 views

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    Electronic commerce is a booming business during these years. For example, the United States attributed $300 billion in transactions in 2002. There are two types of E-commerce through Internet, one is Intranet and the other is Extranet. Also, according to the former data, E-commerce is becoming more and more importance. Among e-commerce transactions, individual transactions donate a lot. There are lots of benefits about the E-commerce. Through selling on the Internet, they often have lower transactions costs. Also, E-commerce is faster and more convenient so that shoppers are able to take a lot of time to buy. Although there are lots of benefits, there are still drawbacks like searching better prices. Organizations usually go through four phases, including Web Presence, Web Service, Web Transactions and Integrated Web. The purpose of the first one is marketing enhancing. The second one is setting for responding to product and services inquires. The third one make company get their Web Sites ready for transactions. The last one creates the value chain among the customers. In the future, there will be greater integration of Web Sites with backend customer databases and other business information systems. The organizations are developing micromarketing decisions at individual level. At the end, the article also listed a lot of questions about the issues about the e-commerce in the future.
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    Did you know that by the year 2016 e-Commerce buying and selling online would have made over 8.6 billion dollars! This article discusses the e-commerce currently and its future trends in the hospitality arena, which is one of the fastest growing industries to date.
Jingjing Zhu

Core i5 vs. Core i7: What's the Difference? - 0 views

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    Intel has three main processors, the i3, i5, and i7. However the biggest market for Intel is the primary mid-range processor i5. It is targeted at the heart of the market, with pricing that is not at budget levels but still affordable, and performance that is extremely quick but not the fastest Intel offers. Intel Turbo Boost is a standard feature on all i5, and i7 processors. As expected, the more you pay, the more you get. For instance, the Core i5 2300 has a base clock speed of 2.8 GHz and a maximum Turbo Boost speed of 3.1 GHz. The Intel Core i7 2600, on the other hand, offers a base clock speed of 3.4 GHz and a maximum Turbo Boost of 3.8 GHz. Another significant performance difference is how the Core i7 and Core i5 products will be handling hyper-threading. Hyper-threading is a technology used by Intel to simulate more cores than actually exist on the processor. While Core i7 products have all been quad-cores, they appear in Windows as having eight cores. This further improves performance when using programs that make good use of multi-threading. However, all Core i5, processors have hyper-threading disabled and all i7 processors have multi-threading enabled. This is a major difference of the two different core processors and gives the i7 an edge over the i5 processors. Last but not least, the average difference in price between the two different processor is about $80 dollars with the i7 processor coming out to be $294 and the i5 processor ranging from $177 to $216 dollars. You are basically paying for the difference of 100 MHz clock speed on the processor and the ability to have multi-threading capabilities.
Diane Cacho

The Best Restaurant Marketing In the World. - 0 views

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    In this Article: "The Best Restaurant Marketing In the World" resiliently describes the marketing world and the amounts of money restaurants spend obsessively to bring in more customers. Instead of focusing on all the new technologies for new ways to advertise and spending thousands of dollars there are other things to consider such as bringing in more customers over the quality of the food, excellence in the service, cleanliness of the place, and having an agreeable unique dining experience. If all these requirements are not met that's when marketing comes in to place. There are many ways possible to improve your business such as changing or simplifying the menus, training the staff properly, making sure the restaurant is spotless, creating a nice ambiance and lastly making sure you have total commitment to all of these basic necessities. These requirements are essential when it comes to exceeding your customer expectations and important for your business in order to succeed. . With all of these categories fulfilled you will bring in a happier, lively and contented crowd; therefore, bringing in more regulars.
Kevin Character

NY Hotel Workers Could Expect Big Changes from Payroll Departments - 0 views

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    New York City union employees are trying to secure a contract that would include a 29 percent wage increase for workers in big hotels. Hotels will also increase contributions to worker pension funds to 10.5 percent of total payroll. That's opposed to the former 9 percent. The seven-year proposed contract would affect some 30 thousand employees and could raise some housekeeper salaries as high as 60 thousand dollars. In perspective, New York City has the highest yearly hotel occupancy rate of anywhere else in the world, at 85 percent. Room rates are well over 200 dollars. It's understandable how Hilton, Hyatt and other large brands can afford to negotiate with union demands. I foresee that the accounting departments in many of the big hotels will be quite busy making the adjustments if the proposed plan is accepted after Monday's vote.
Melissa Krajewski

Financial official at SC Hospitality Association no longer employed : News : MidlandsConnect.com - 0 views

  • The South Carolina Hospitality Association's interim director, Rick Erwin, also contracted a Columbia accounting firm to conduct an independent audit of the association's finances late last week."He has made sure that he has personal control over all the bank accounts and all the transactions and contributions," said association spokesman Bob McAlister. "Everything at the association is now 100 percent secure."
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    The termination of South Carolina Hospitality Association's director of accounting and membership, Rachel Duncan, is the latest development in the Tom Sponseller suicide investigation. CEO Tom Sponseller, leader of the South Carolina Hospitality Association for the past twenty years, was found dead last Tuesday in the company's parking garage after a suicide note was found in his office desk. Although the Feds have been conducting an ongoing investigation into the agency's finances, Sponseller was not their person of interest. The hundreds of thousands of dollars missing from the South Carolina Hospitality Association is tied instead to Rachel Duncan, the agency's former director of accounting. An outside audit of the association's finances is still being conducted however there are several sources of money embezzling being brought forth. Who is to say this tragedy may have been avoided if the Hospitality Association had outside parties conducting internal audits on a regular basis, but it would most definitely have shed light on the situation sooner.
Patrick Montesano

German ecommerce gives Diet Chef food for thought - Telegraph - 0 views

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    UK-based Diet Chef delivers ready-made low-fat meals to some 25,000 customers. With current sales of around 30m dollars in 2011, founder Kevin Dorren is planning an aggressive expansion into Italy, France and Germany.  Issues of payment methods (Germans don't use credit cards online), where to source ingredients, shipping to and from the UK, and whether or not it's blasphemous for an Italian to eat lasagna made in Britain are proving to be quite challenging. 
Akshay Ramanathan

BetaKit » innRoad Raises $5.8M to Usher in the Future of Online Hotel Management - 1 views

  • outhampton, NY-based innRoad just announced a $5.8 million Series B round of funding
  • back office products specifically targeted at independent hoteliers
  • provides small hotel owners with centralized online tools to help them manage their business
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  • hotels can use it to maintain full control over every aspect of the process, from booking, to marketing, to online reputation managemen
  • the funding will help innRoad accelerate its offerings on that side of the equation, which will help hoteliers connect directly with potential guests, something that provides long-term financial benefits over dealing with online intermediaries like Expedia and others
  • innRoad offers a lot of value to small hotels looking to get the tools they need to compete with bigger players
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    This article is about innRoad a New York based company that specializes in delivering SaaS and web based PMS and software solutions specifically targeted at independent hotels. The article mentions how the company just received almost $6 Million dollars to invest in expanding and and building their sales team. The CEO of the company brings up an interesting point about brands, and mentions that its becoming less and less about he size or name of the brand but rather how your peers and others rate their experience in a particular hotel. This will provide leverage for smaller independent hotels to gain popularity and grow. InnRoad's software is doing big things to help its clients better connect with customers and manage their properties.
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