Hotel technology presents seemingly endless possibilities, but hoteliers shouldn't invest in technology for technology's sake. As 2016 starts to wind down, smart hoteliers should start planning how they're going to make a splash next year, and evaluate new tech that will help get guests through their doors to drive sales.... Read Full Article
Hotel chains may soon start earning more from food and beverage (F&B) than room revenues as F&B revenue has been growing constantly over the past five years while room revenue has been dipping.
According to a recent HVS-FHRAI report on the Indian hotel industry, revenue from F&B segment - which includes banquets and restaurants - rose to 42.6 per cent in 2015-16... Read Full Article
In the present context supply chain management is the constant search for improving the way you get the materials that the hotels need to generate the product/ service. It touches upon planning for managing the resources which result in giving service to your customer. This is so because according to the basic requirements of SCM the hotel may spend up to 55% of their costs on material procurem... Read Full Article