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International Hotels: Escape the Foreign Exchange Hedging Trap with Rev. Mgmt
One of the largest challenges for international hotels is the effect of foreign exchange rates on profits. As explained in a new report from the Cornell Center for Hospitality Research, operational currency hedging occurs as a consequence of changes in "real" room rates and occupancy that arise from changes in relative currency values. Learn how revenue management can reduce the need for foreign exchange hedging. -
Orlando Hilton Garden Inn & Homewood Suites Simplifies New-Build Opening Process
According to the hotels' general manager, The Hilton Garden Inn Lake Buena Vista and the Homewood Suites Lake Buena Vista were able to save hundreds of hours in the new-build checklist approval process with the installation of hotel SalesPro.