Distilling a return to operations plan into its component parts is the secret sauce to making it manageable. Ultimately, the process for developing a comprehensive plan covers four main themes.
The landscape continues to change rapidly and while no one can say with any degree of certainty where everything will land, we are starting to see the shape of things to come. Here are changes that the new normal is likely to bring forward in the hotel industry for owners and operators.
There is tremendous value in slowing down and dedicating the time to take stock of where you’ve been and where you’re going; providing clarity for you and everyone who relies on your direction. Only after that can you put together a set of goals that will keep you and your team focused and prepared as soon as the “new normal” starts.
A hospitality industry veteran, this appointment marks a return to Benchmark for John Annicchiarico.
Oaky’s analysts created a free benchmark report which sheds light on how much revenue hotels can expect to generate every month. The report shows which hotel categories perform best, how much every upsell email makes on average, how high the average incremental revenue is per room and what the extra spend is per guest.
Bill Lee was previously Benchmark’s general manager at The Grove Resort Orlando, where he successfully led the property from its pre-opening phase on forward.
Mr. Moon’s responsibilities include oversight and development of Benchmark’s compensation and benefits strategy as well as the administration of the company’s human resources information systems.
BENCHMARK has appointed Kevin Walsh regional director of finance.