By Sheryl Kimes and Dave Roberts
Revenue Management (RM) professionals have been talking about 'Total Hotel RM' (THRM) for well over a decade. In 2010, THRM was predicted to be implemented 'within the next 5 years' by a majority of survey respondents.
By Chris K. Anderson – Professor and Director of the Center for Hospitality Research at Cornell
Is it time for hotels to stop thinking of a “day” as the main unit on offer? Changing the temporal unit to something less than a day would allow hotels to fully capitalize on variable pricing, argues Cornell’s Chris Anderson.
By Chekitan S. Dev and Richard Swain
As hotels and hotel brands look to compete in an increasingly congested brandscape, the rush to adopt new digital technologies to stand apart from the competition has resulted in many rushing headlong into adopting technology, sometimes with negative consequences.
As Chairman and CEO of Loews Hotels & Co, Tisch has led Loews' expansion and emergence as a prominent hotel company. He's recognized as a leader of the multi-billion dollar travel industry and was voted "Hotelier of the World" by HOTELS magazine.
Roger Hill '87 and Andrew Fay '87, cofounders of the Gettys Group, have been named the 2019 Cornell Hospitality Innovators by the Leland C. and Mary M. Pillsbury Institute for Hospitality Entrepreneurship at the Cornell University School of Hotel Administration (SHA).
The Cornell University School of Hotel Administration has selected Christopher J. Nassetta, president and chief executive officer of Hilton, to receive the 2019 Cornell Hospitality Icon of the Industry Award.
VinUniversity – Hanoi, Vietnam
Linda Barrington has been appointed associate dean of external relations at School of Hotel Administration at the Cornell SC Johnson College of Business
School of Hotel Administration at the Cornell SC Johnson College of Business – Ithaca, New York, United States
Debbie Brown has been named recipient of the first annual HR in Hospitality Lifetime Achievement Award at HR in Hospitality Conference
HR in Hospitality Conference – Las Vegas, Nevada, United States
ME Dubai – Dubai, United Arab Emirates
Stefan is an alumni of School of Hotel Administration at the Cornell SC Johnson College of Business – Class of 2019
The PKF hotelexperts group – New York, New York, United States
Baron is an alumni of School of Hotel Administration at the Cornell SC Johnson College of Business – Class of 1993
Virgin Hotels – New York, New York, United States
Vanessa is an alumni of School of Hotel Administration at the Cornell SC Johnson College of Business – Class of 2011
Bike-share systems have become a popular method for traveling within a city, and they are rapidly growing in many cities around the world, including New York, Paris, and Shanghai. This rapid growth allows tourists to explore a city on their own, using a communal bike, giving them an essential new way to discover the city.
Implementing Revenue Management in Your Restaurants: A Case Study with Fairmont Raffles Hotels International
In 2015, Fairmont Raffles Hotels International implemented a system-wide revenue management program in its restaurants. Starting with an analysis of baseline data, Fairmont applied a five-step revenue management process to highlight potential revenue-enhancement opportunities.
Using equity REIT data, we show empirically that the use of unsecured debt, which contains standardized covenants that place limits on total leverage and the use of secured debt, is associated with lower leverage outcomes.