by Ray Hader | Nov 14, 2022 | Hotel Management
In a free market, the laws of supply and demand are what governs how we do business. Barring external interference (such as government regulation or unprecedented historical events such as the pandemic), any change on either the supply or demand side of the market... 
by Ray Hader | Jun 2, 2020 | Hotel Management
In business, when we talk about ‘keeping the lights on’, we usually mean it as a metaphor for maintaining the minimum systems and infrastructure required to keep a business operational. At the end of the day, though, part of ‘keeping the lights... 
by Ray Hader | May 7, 2020 | Hotel Management
In the world of business, there are essentially two ways to increase profitability: either by increasing revenue or by decreasing costs. And there are a variety of strategies and tactics that business owners can employ toward those ends, but the end goal of any of... 
by Ray Hader | Apr 3, 2020 | Hotel Management
The global COVID-19 pandemic has been a challenge for business worldwide, to say the least. From the stock market fluctuations to employment rates, it’s impacted the bottom line for just about everyone from investors to entrepreneurs to labor. Arguably, though,... 
by Ray Hader | Nov 6, 2019 | Hotel Management
The hotel industry is competitive to say the least. From the rise of Airbnb to changing guest expectations to changing hotel management trends, hoteliers face a variety of new challenges. At the end of the day, though, what will separate the winners from the losers in... 
by Ray Hader | Oct 21, 2019 | Hotel Management
The hotel industry has faced some interesting challenges in recent years. From Airbnb’s impact on bookings to implementing more sustainable practices, the hotel industry is undergoing a number of changes that range from innovative to disruptive. As a result,... 