The International Network of Hospitality Consulting Professionals

You Need To Reset Your Exit Strategy

Last year I posted a blog to remind hotel owners that they needed to have an exit strategy that embraces the circumstances and timetable under which they plan to exit their hotel investment. Since then, major and dramatic – some say seismic – changes have occurred in the domestic and international economy and in the […]

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Challenges Of Small/Mid Size Hospitality Organizations With Food/Hospitality

Why OPTIMBUY? When confronted with the challenges of food / hospitality products purchasing, small and mid-size organizations (“S&MS”), like resorts, hotels, restaurants and hospitality groups are handling the situation with mixed results which cost them dearly on their bottom line. OPTIMBUY provides supply chain consulting services to these organizations to implement new practices, negotiate better […]

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The Four Seasons Aviara Resort Case

Four Seasons Uses an Arbitration Clause to Defeat an Owner’s Request for an Injunction to Terminate its Management Agreement This Stroock Hospitality Industry Practice Group Special Bulletin discusses BRCP HEF Hotel Tenant LLC v. Four Seasons Hotels Ltd. (the “Four Seasons Aviara Resort Case”), which illustrates how an arbitration clause in a hotel management agreement […]

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Getting The Most Out Of E-Tourism In Emerging Destinations

For destinations around the world, tourism can be a key to unlocking and stimulating growth, development and employment. It is one of the world’s most competitive and productive industries — the World Travel & Tourism Council estimates that in 2012, tourism directly contributed more than US$2 trillion to world GDP and generated at least 100 […]

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Do You Think Like A Leader Or Manager?

As you may know, there is considerable discussion in the literature and at various forums about factors that distinguish a “Leader” from a “Manager”. Many people make no distinction, assuming that a person in a management position must be a leader as that is inherent in the position. Such people confuse “positionship” with “leadership”, for […]

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The Case For Not Promoting Sustainability At Your Hotel, Resort Or Lodge

As the co-owner of Cayuga Sustainable Hospitality, a hospitality management company with a collection of sustainable luxury hotels in Costa Rica and Nicaragua (www.cayugaonline.com), you might expect a strong argument that sustainability should be at the forefront of a successful hotel’s promotion. Although CSH has won great recognition for our sustainable practices and leadership over […]

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CMBS Non-Recourse Loan Guaranties

The country’s largest commercial real estate organizations credit commercial mortgage backed securities (“CMBS”) with leading the United States out of the nationwide real estate depression caused by the savings and loan crisis of the late 1980s and early 1990s. These organizations, the Building Owners and Management Association (“BOMA”), the International Council of Shopping Centers (“ICSC”), […]

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distressed hotels

Steps to Buying Distressed Hotels

The hotel industry is finally getting some long-awaited good news. Business and leisure demand are rising, and occupancy is increasing. Group pace is picking up, rate cutting has leveled off and hotel financing is starting to become available again. Groups and Funds have raised billions to acquire distressed commercial real estate, including hotels, and many […]

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Update Your Strategic Plan

Dramatic changes in availability and cost of financing and the economic slowdown brought about by the financial market crisis have extended the holding period, and postponed exit plans, for most hotel owners who have staying power. Analysts are forecasting RevPAR declines through 2009 and no growth at all in 2010. These conditions make essential the […]

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B2B Social Computing

Promoted by zealous fanatics as the replacement for all other forms of marketing, Social Media has also been characterized by Luddite skeptics as nothing more than a narcissistic waste of time. For Business to Business marketers, truth falls somewhere between these two extremes. The stark reality is that business, society and technology are all experiencing […]

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