A "not-so-mysterious" Russia
In today’s ambiguity, how do Russian hoteliers cope with a need to run leaner businesses, and how do these actions compare with international landscape? Inspired by 2009 Russia HCE compensation survey results, and speaking with market participants. I promise not to use the 6-letter "C"-word in this article, which already fills everyone's communication channels. I just want to talk about how Russian hoteliers are coping with the changing economic climate these days, and what they are doing on the staff compensation front to keep their hotels profitable. I also want to compare what's happening in our market with the practices in other parts of the world.