Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Articles by Haley Wolf
The Benefits and Importance of Budgeting and Forecasting
Budgeting and forecasting (B&F) in the hospitality industry is critical to determine, formulate, and align short-term and long-term goals for an organization. This detailed process is typically managed by a company’s finance department under the Chief Financial Officer's (CFO) guidance.
Are You Building a Tech Frankenstein?
Labor shortages, greater owner and investor demands, data consistency, and integrity requirements contribute to the need for best-of-suite technology. There are numerous pitfalls of adding multiple tech solution providers and tech overlap is becoming all too prevalent. This dramatically increases the effective cost of ownership of the tools employed. In addition, conflicts arise as to what system is the source of truth.
M3 Eases Back-Office Processes For Summit Hospitality
Summit Hospitality (Summit) is a hotel management company managing 19 properties throughout North Carolina. In total, Summit manages close to 2,300 guest rooms and nearly 800 employees for its portfolio of hotels. Summit has been a customer of M3 since 2018 and currently utilizes the full M3 product suite: Accounting Core, Insight, and Labor Management. Summit finds that having all back-office software applications under one platform streamlines its processes and makes the company more efficient.
The Hotel Caribe by Faranda is Optimizing Service with Guesthub
Five-star luxury hotel is leveraging the task-based guest-management solution to streamline guest requests, facilitate roomservice, and perfect guest package tracking Miami Springs, Fla. - For five-star Hotel Caribe by Faranda Grand in Cartagena, Colombia, a member of Radisson Individuals, achieving 100% guest satisfaction through service excellence is a top priority.
Radisson Hotel Pendleton Airport Deploys High-speed Guest WiFi Connectivity by Hotel Internet Services
75-room property operated by Makad Corporation implements network upgrade capable of addressing guest demands for fast, reliable and secure internet access. PENDLETON, Ore. - Hotel Internet Services (HIS), a full-service provider of internet services and solutions for the hospitality industry, has today announced the successful installation of a high-performance WiFi network upgrade at Radisson Hotel Pendleton Airport.
Knowland Reports Meetings and Events Increase 136.1 Percent in August
Data shows industry recovery at 85.3 percent of August 2019 levels Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, released its monthly meetings and events data for August, reporting 136.1 percent growth over August 2021. Additionally, August increased 6.7 percent over July 2022. Average attendees per event increased – The average number of attendees per event for August 2022 was 108, compared to 68 in August 2021 and 92 in August 2019.
Why is it Important to Use a Labor Management Tool for Your Portfolio of Hotels?
Stay efficient and productive each day with added benefits. Why is it Important to have a Labor Management Tool? Labor management tools are extremely important in the hospitality industry to help maintain, streamline and standardize your processes. This time-saving technology increases productivity and supports training and mentoring opportunities, while also being easily accessible and customizable to all users.
In-Room Work Spaces More Flexible and Accommodating Than Ever
Hotel Desks Make Resurgence as Bleisure Travel Grows While some business travelers have returned to the workplace and companies try to present some semblance of normalcy since COVID-19 took the world by storm, there is no denying that the workplace has dramatically changed. Some professionals who were never allowed to work remotely can now spend a couple of days at home. Others may be working totally out of their residences.
CHR Research Brief: Impact of Occupancy Taxes on the Sharing Economy
"Efforts to collect occupancy taxes on Airbnb lodging listings, designed by public policy makers to regulate the homesharing market, have put individual hosts at a distinct disadvantage compared to commercial listings, rather than leveling the playing field as intended, Yao Cui's and Andrew Davis' new research shows." Access Research Sign up to our free daily newsletter, Hospitality Net today we use cookies to ensure you get the best experience on our website
Hospitality Financial Leadership – Designing Your Financial Reporting System – A Wake-Up Call | By David Lund
Having a financial system that produces regularly scheduled information about your hotel and the direction it is going is paramount to your survival. Without this regular reporting, you are really flying by the seat of your pants. But what exactly do you need to be looking at and who produces it and when? That is what this piece is about. I am going to lay out the cast of characters you need to include, the documents they need to produce, and a schedule to follow.
HVS Asia Pacific Hospitality Newsletter - Week Ending 29 July 2022
HVS 4 min read 2 August 2022 Mandarin Oriental International Sales Washington D.C. Hotel for USD139 Million Hong Kong-based Mandarin Oriental International Limited ("MOI") has announced that it has entered into an agreement to sell Mandarin Oriental, Washington D.C., to London-based Henderson Park, a private equity real estate management company, for USD139 million with a post-tax, non-trading gain of approximately USD 45 million which will be recognized in 2022.
According to WTTC, more than 70,000 vacancies in Travel & Tourism threaten France’s economic recovery
London, UK - A new study by the World Travel & Tourism Council (WTTC) has revealed the recovery of France’s Travel & Tourism is at risk as more than 70,000 jobs remain unfilled across the country. The research looked into labour shortages across France and other major Travel & Tourism destinations, such as the U.S., Italy, Spain, the UK and Portugal.
When Big Data Kicks in, is Excel Still Needed in Hotel Asset Management?
Co-authored by Jiajing Qiu, Student, EHL Hospitality Business School and Remy Rein, Senior Lecturer, EHL Hospitality Business School Learn more about the pros and cons that come with both IT software and traditional spreadsheets. Advanced IT software falling into the category of Big Data has started to edge out Excel spreadsheets in recent years. There is some skepticism around this in the hospitality sector, where asset managers prefer the flexibility offered by the traditional spreadsheet.
HFTP Moves Forward to Publish the USALI, 12th Revised Edition, Ends Relationship with AHLA
Hospitality Financial and Technology Professionals (HFTP®) has been associated with the Uniform System of Accounts for the Lodging Industry (USALI) since the association was established in 1952. In recent editions, HFTP has provided expertise support and funding for its publication without reimbursement.
130,000 vacancies in Travel & Tourism threaten UK economic recovery says WTTC in new report
London, UK - The World Travel & Tourism Council (WTTC) warns the Travel & Tourism sector’s recovery is at serious risk as nearly 130,000 jobs go unfilled across the UK. According to the global tourism body, the UK is expected to see a shortfall of 128,000 jobs, with one in 14 job openings expected to remain vacant. Restaurants and hotels are struggling to find staff but the UK government, unlike countries like Portugal, are refusing to allow in temporary workers in from oversees.
Quantifying The Franchise Relationship During COVID-19
The relationship between the hotel brands and their franchisees was favorable and constructive in 2020. Both recognized that the impact of COVID was largely out of their control, and the best chances for both entities to survive relied on cooperation. In 2020, the average hotel in CBRE’s annual Trends® in the Hotel Industry survey experienced a 108 percent decline in earnings before interest, taxes, depreciation and amortization (EBITDA), resulting in an EBITDA margin of -5.5 percent.
How The Pandemic Affected Human Trafficking, and How You Can Help
Walk through any airport or drive past any hotel, and it’s easy to see that travel is back in full swing. But with that comes an unfortunate truth: human trafficking continues to be one of the greatest issues the travel industry faces. Many may assume that during the height of the pandemic, human trafficking decreased. But, research has shown that in times of crisis, including during the COVID-19 pandemic, trafficking and exploitation increased dramatically.
What is Same-Day-Pay and Is It Here to Stay?
It’s Not Enough to Hire Well. Find Ways to Retain Good Talent. Wouldn’t it be nice if you could get paid daily for the number of hours you work, or if you could find a simple way to attract talent as an employer? Here’s something funny – you can! Recently, companies have adapted to same-day-pay to help attract employees so their employees can instantly reap the reward of their hard work instead of waiting on the average bi-weekly or monthly check distribution. What is Same-Day-Pay?
3 Steps to Consider Before Investing in New Hotel Technology
Take a second and think back to 2019. After everything, it feels more like 30 years ago, never mind three years ago. Some studies even go so far as to say that foggy memories are an expected byproduct of the pandemic, thanks to monotonous days, surroundings, and even conversations. Many of us can’t remember aimlessly wandering the supermarket, favoring now the quick process of ordering our everyday essentials in just a few clicks.
The Importance of On-the-Go Reporting – Insight Mobile App | By Haley Wolf
Why Using Yesterday’s Data Creates Tomorrow’s Problems On-the-go reporting is important for businesses to stay up to date on their data and influence growth. This technology can revolutionize the way you view and understand your business. In the hospitality industry, companies need to stay updated on analytics, trends, and data being tracked within its properties.
Show More
loading
Actions
Is this you?
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with Haley
Contact Haley, search articles and posts on X, monitor coverage, and track replies from one place.
Learn more about Muck Rack