Hotel Yearbook Articles

The Attractiveness of Hospitality Management (Education)

The hospitality industry is facing a shortage of skilled professionals due to a perception that it is less attractive, innovative, and lucrative than other industries. EHL's Markus Venzin suggests that the hospitality industry can reposition itself as a tech-savvy, sustainable, and innovative sector by integrating AI, robotics, energy and waste management, and new materials. They believe that cross-functionality or cross-disciplinarity is key to unlocking the hospitality industry's potential. The EHL Hospitality Business School trains its students to be human-centered, with a focus on communication, leadership, and influence, and encourages their creativity and problem-solving skills. The author believes that the hospitality industry can thrive and attract top talent by highlighting the valuable competencies and opportunities for innovation and entrepreneurship.

The Uncertainty ¶New Normal

In this article, Michael Levie discusses the challenges faced by the hospitality industry in the wake of the COVID-19 pandemic and how it has resulted in uncertainty becoming the new normal. The article highlights how the pandemic has resulted in a lack of staff and antiquated technology that has impacted the ability to sell to capacity. The article suggests that the only way to break this new mold of uncertainty is to differentiate the product by changing and creating new business processes. The article suggests that the industry should learn from other industries, such as Tesla and retail, that have successfully adapted to change by focusing on the customer's needs and adopting new technologies.

Curating the perfect blend of stay length to deliver superior investor returns

edyn CEO Stephen McCall has spent most of his 25-year career indulging his passion for hospitality, with roles in operations, finance and governance across several continents. Before joining SACO in 2018 (which later rebranded to edyn), he held a number of executive roles at IHG including CFO for ME&A, MD for UK&I and most recently European COO. Stephen has led edyn to become one of the fastest-growing pan-European lifestyle hybrid platforms of its kind anywhere in Europe. A chartered accountant by training and Scotsman by birth, Stephen enjoys fast cars and malt whisky…but never together.

Welcome to ¶HYB 2023!

Published since 2007, The Hotel Yearbook (HYB) is a family of publications that call upon a wide-ranging group of senior executives, analysts, consultants, and opinion leaders from all over the world to ask, "What lies ahead for the global hotel industry?" In The Hotel Yearbook - whether it is its highly respected annual edition or any of its themed editions, HYB’s forward-looking contributors share the key trends and developments that they believe will shape the immediate future of the global hotel business.

Hotel Yearbook Article

HFTP Member Spotlight: Jim Bina

This week's Member Spotlight series features 2022-23 HFTP Global Secretary Jim Bina of Orlando, Florida.

Hotel Yearbook Article

HFTP Member Spotlight: Franklin Sikich

We're kicking off our weekly Member Spotlight series by spotlighting 50-year HFTP member Franklin Sikich of Flower Mound, Texas.

Hotel Yearbook Article

The Rise of Regenerative Hospitality - Welcome to the Future

“Regeneration” is going to be one of the main keywords of 2023. Within the rise of the regenerative economy, ‘Regenerative Hospitality’ is predicted to have a dramatic impact on the industry. Thanks to a fruitful collaboration between EHL- Hospitality Business School, the institute of tourism of HES-SO Valais/Wallis and Regenerative Travel we conducted an in-depth research on this new phenomenon. From our point of view, we are witnessing the rise of regenerative hospitality and we are predicting its possible expansion from luxury boutique hotels to mainstream properties.

Hotel Yearbook Article

HFTP Corporate Allied Sponsor Weekly Spotlight Feature: Fairmas

Members of the HFTP Corporate Allied Sponsorship (CAS) program are promoted to association members and industry professionals working in hotels, clubs, resorts, casinos and other hospitality companies across the globe. We are proud to celebrate Fairmas’ expansion into the North American market as they begin offering state-of-the-art, online budgeting and forecasting tools to Canadian hoteliers.

Hotel Yearbook Article

HFTP Corporate Allied Sponsor Weekly Spotlight Feature: Corporate Spending Innovations

The process of making payments to hundreds of suppliers is labor-intensive, time-consuming, and can lead to errors. Through the HFTP Corporate Allied Sponsorship (CAS) program, get to know companies like Corporate Spending Innovations (CSI), who can automate that process and help club and hospitality suppliers receive payments faster.

Hotel Yearbook Article

HFTP Corporate Allied Sponsor Weekly Spotlight Feature: Bella - The Virtual Hotel Agent™

The HFTP Corporate Allied Sponsor (CAS) program brings together hospitality professionals with the industry's leading finance and technology solution providers including Bella - The Virtual Hotel Agent™ — an innovator in hospitality artificial intelligence solutions. Bella joins the HFTP CAS program in 2022 to let you know that they are ready to help you re-imagine your customer service strategies.

Hotel Yearbook Article

HFTP Corporate Allied Sponsor Weekly Spotlight Feature: SkyStem

Through the HFTP Corporate Allied Sponsorship program, get to know companies like SkyStem, a company that strives to bring soul to software by providing intelligent and intuitive solutions to eliminate redundant work and provide customers the opportunity to focus on more dynamic, strategic and fulfilling work.