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HVMG bolsters leadership team

Hotel Business

The strategic promotions and new leadership team additions include Sue Sanders to EVP, chief strategy and administrative officer; Wilson Turner to SVP, human resources; Angie Cook to SVP of accounting and finance; Suzanne Saunders to SVP, design and construction; and Bob Kisker to VP, operations. and Starwood Hotels and Resorts.

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10 Strategies to Skyrocket Profitability in City Hotels

Revenue Hub

A sophisticated Revenue Management System (RMS) can help facilitate this process, taking into account numerous data points and offering actionable insights for optimal pricing. Partner with Local Businesses Develop symbiotic relationships with local businesses.

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High-paying business degree jobs: kickstart your career

Les Roches

Let’s look at some of the roles you could consider with a business degree. Business development specialist A graduate with a BBM or an MBA is ideally prepared for being a business development specialist. Primarily responsible for finding new market opportunities, they are rewarded with generous salaries.

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How do you become a Director of Business Operations?

Les Roches

The ultimate aim of the Director of Business Operations is to ensure that the business – its people and processes – works smoothly, efficiently, and productively. They plan, project manage, monitor, and direct day-to-day business development activities and coordinate across different departments.

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How to create a business plan for a hotel

Les Roches

Why do you need a hotel business plan? Similar to how architects create blueprints before constructing a building, it’s essential to have a strategic plan when starting a hotel business. Profitability projections Any financial business model a hotel may follow must include a profitability projection.

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Definition of revenue growth strategies

Les Roches

Sales development representatives (SDRs) research and create new opportunities and schedule meetings, while business development managers (BDMs) focus on closing deals and generating revenue. Training and development of a sales team Sales training can significantly increase ROI (return on investment).

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Changes at McDonald’s and Reducing Food Waste

Modern Restaurant Management

. "When Easterbrook was appointed CEO in January 2015, he was also tasked adding outside perspectives that would help to develop new growth strategies that capitalized on McDonald's key strengths: its brand, its franchisees, and its scale (also the key components behind our wide moat rating). in January 2017.