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The Leading Hotels of the World Celebrates 85 Years

Luxury hospitality consortium The Leading Hotels of the World is celebrating 85 years since it launched with 36 hotels in the late 1920s. Today the company has grown to over 430 hotels and here is the story of its beginnings.

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Your Competition Isn’t Who You Think It Is

By Dr. Jonathan Barsky: Who are my “true” competitors?  This million-dollar question is often a hot topic in boardrooms.  It’s essential information at revenue strategy meetings and crucial when developing property level sales and marketing plans.

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Real Time Service: Leading In A Loose Environment

By Feature Writer Todd Lapidus: A loose environment is one where service is customized in the moment. Decisions about what to offer a customer are made in real time. If pricing or your reputation depends on providing a unique experience, you operate in a loose environment. Luxury service brands that sell personalization are part of this variable world. A special kind of leadership is called for in this setting.

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Hotel Pricing Systems 2.0 Part 1

By Feature Writer By Jean Francois Mourier, CEO of REVPAR GURU: Before deciding on their action plan for 2014, hoteliers will need to first examine the successes and failures of the year prior, in order to improve future performance. One of the first priorities of a hotel business should be to examine your revenue and distribution strategy from the previous year. Did you earn as much profit as possible from each room, every single day of the year? Or were you leaving money on the table? Did you reach close to 100% occupancy on a regular basis or were you averaging closer to 50% (or even lower)? Chances are, most hoteliers will find that they performed fairly well, but that there was definitely room for improvement. Of course, an important part of earning the most revenue from each room – while increasing occupancy ¬ is your revenue management system. In order to help you determine whether your system is up to par, we are happy to provide you with a checklist that breaks down the key features that all revenue management systems should have in today¹s technologically advanced world.

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Hotelier CEO? No Hotel Experience Preferred

By Feature Writer Alan Campbell: Imagine this — now the Industry is putting CEO'S at the helm that have no hospitality know how. I am sure that in their respective fields they are very good, but the hotel business is a different animal, and you have to understand it if you are going to be the driver.

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Guests Top Rants & Raves; Many Are One in the Same

Service, Cleanliness, Food, Room Size, Price, Bed & Bathroom Are Mirror Image of Travelers’ Most Mentioned Hotel Compliments & Complaints. Over One Million Online Sentiments Show Guests Top Rants & Raves…

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@[Hotel] to @[Guest]: “Coffee’s on Us!”

By Renee Radia: Last week, Starbucks announced a new service called Tweet-a-coffee. The program is as intuitive as it sounds – it allows Twitter users to give Starbucks Card eGifts to other Twitter users all from within the social network. Businesses within the hospitality industry should be quick to take advantage of this service, as it is low-cost but could have a big impact. Buying a coffee for someone is, after all, quite a hospitable thing to do! Here are a few ways hotels could Tweet-a-coffee and why this might pay off.

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