In times like these, during which the financial crisis and economic downturn are omnipresent in the media and people's minds, companies seek security and stability. Leaders have to effectively manage... read more →
It was almost as if Barry Sternlicht, David Michels and David Webster had sat down together in mid-2004 and made a pact: if you hire a non-hotel CEO then so... read more →
The current recession will deliver a heavy blow to the restaurant industry and therefore force executives to alter their strategic mindset. CEOs must be nimble during these tough times, staying... read more →
These days demanding investors, stringent regulators and scandal-hungry media are forcing companies to operate under much heightened scrutiny. Over the past couple of years boards of directors have found themselves... read more →
As internet job boards become increasingly popular, employment portals are looking to offer more than just job postings and a resume database. The best job boards incorporate value added services... read more →
Human Resources is the headache that keeps hotel managers from their 40 winks, according to a 2001 survey by Cornell University. Attracting talented staff in the first instance was seen... read more →
When it comes to the recruiting process and the hiring of senior level executives within the chain restaurant industry I have found that many restaurant companies are not aware of... read more →
"2009 has turned out to be one of the most challenging years in the hotel business. Financing and debt related issues have affected almost every significant market in the world.... read more →
Due to recent Securities and Exchange Commission (SEC) changes public compensation data for executive officers has become more transparent than ever. In late 2006 the SEC raised the bar by... read more →
In this unprecedented economy where hotel occupancy and rates are significantly down, hotel owner/operators are forced to closely review EVERY aspect of their operation to squeeze out profitability opportunities. If... read more →