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NIST Publishes Artificial Intelligence Risk Management Framework

Workforce Bulletin

On January 26, 2023, the National Institute of Standards and Technology (“NIST”) released guidance entitled Artificial Intelligence Risk Management Framework (AI RMF 1.0) (the “AI RMF”), intended to help organizations and individuals in the design, development, deployment, and use of AI systems.

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How F&B Companies Can Mitigate Some of the Industry’s Biggest Risks

Modern Restaurant Management

Given its expanding market share, it’s become increasingly critical for businesses to plan for and be aware of some of the industry’s greatest risks of disruption. Below are effective ways that some of the most common industry risks can be mitigated.

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Restaurants Under Attack from Cybercriminals: How to Protect Your Business

Modern Restaurant Management

One study found that in 2016, the food and beverage industry accounted for ten percent of all data breaches. Risk management resources : A good insurance provider should offer access to risk management resources, such as employee training, vulnerability assessments, and incident response planning.

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Vincent Zahn named Hard Rock Int’l EVP/CFO

Hotel Business

In this role, he is responsible for overseeing the accounting, financial planning and analysis, risk management, treasury, corporate finance, capital markets execution of Hard Rock International and other enterprises under the control of Seminole Gaming, as well as contributing to the overall strategic development efforts of the company.

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Why Use a Cost-Based Pricing Strategy in Your Hotel?

Revenue Hub

Less risk Cost-based pricing gives you enough wiggle room to adjust to the market conditions. Once you’ve accounted for all expenses, your hotel can practice risk management and stay financially stable no matter what happens in the industry.

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Meet our member Momentus Technologies

NV Hotels

The Momentus end-to-end software platform for venue and event management Includes: Accounting Space Booking CRM Event Management Reporting & Dashboards Risk Management Sales Sustainability Our mission is to empower our customers globally to create extraordinary moments. Check them out!

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Hotel Overbooking: Balancing Risks and Guest Satisfaction

Revenue Hub

Risk Management Strategies: Hotels should have well-defined protocols to handle overbooking situations effectively. Hotel overbooking can be a double-edged sword, offering potential financial benefits while also presenting risks to guest satisfaction and reputation.