Hotel Effectiveness Blog

How 3% over-spending on labor led to a $100,000 default

Labor Costs

We recently did some analysis for a large select service hotel that had a ‘little labor problem’ that turned into a nightmare for the owner.  Here’s the story:

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Entrepreneurs Take on the Tax Man

Uncategorized

A good article in the WSJ (Entrepreneurs Take On Tax Man) about how aggressive many small business owners are being about disputing their property tax assessments.  I firmly believe that everyone should pay their proper taxes, but I also recognize...

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What Hotels Might Get Sick From Health Care Reform

Uncategorized

Our COO Taylor Beauchamp has co-authored an article in this month's issues of Lodging Magazine on the impact of health care reform on the hotel industry.    Check it out at http://tiny.cc/FjtOG

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Hotels, Don't Outsource Your Strategic Thinking

Hotel Strategy

I heard recently about a group of 30 hotels in a particular geography that had RevPAR performance from negative 7% to negative 45% this January vs. last January.  Even in the best of times there is always a big variation in performance between...

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How to Take the Shine off of Your Brand - On Purpose

Uncategorized

One of the things that makes business cycles fascinating is the changes to the status quo that come from big economic changes.  Since this is the biggest change of our lifetimes, we will see all kind of ideas turned on top of their heads during this...

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For Hotel Owners Worry About 2010, Not 2009

Uncategorized

The last week has been a lot of dismal news to say the least.  The massive job cuts that were well publicized last week jolted the stock market and the overall economy a lot.  This week more companies are joining the fray including yesterday's...

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Payroll Alert: You may have 27 pay periods in 2009!

Uncategorized

This is more of a quick alert since many business people are not aware that for many employers this will be a 'leap' pay period year.  What that means is that many employers who pay their employees bi-weekly will have 27 pay periods in 2009 rather...

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Thoughts on Randy Smith Interviews - Part II

Uncategorized

This is the second in a series of postings on the interviews that Randy Smith recently posted.

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Thoughts on Randy Smith Interviews - Part I

Uncategorized

One of the elder statesman of the industry has put out two short video clips with some great perspectives on the industry.  Like many of you, I have heard Randy speak many times.  Between his sharp intellect, his years, of experience and his role as...

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The Secret to an Industry's Success

Uncategorized

The hotel industry is incredibly cool!  As you will no doubt find out, I am unabashedly biased about this, but I firmly believe that there is no cooler industry in the world than hotels.

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