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Hospitality Industry Hotels Business Current And Future Trends

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Hospitality has long been synonymous with the hotel industry. Any changes in trends of hotel business have wide scale implications on an otherwise diverse industry. What might be an opportunity for a traveler can be a matter of survival for hotels? It will not be an oversimplification to suggest that the emerging concepts in hotel industry reveal an atmosphere of stiff competition. Here is a look at a few major issues:

Is Green better?

Amid growing concern over environment friendly services, a majority of travelers now prefer Green and Eco lodgings. Recent surveys by trade associations such as Partnership Travel Industry Association and online retailers like Yahoo revealed that nearly seventy percent of the tourists are willing to pay extra when it comes to environmental friendly lodgings. These surveys further revealed that these guests will pay anywhere from nine to ten percent premium on the already advertised prices.

What can be stated as a welcome relief for the educated traveler might pose real challenges for the hotel business. To better understand the scenario, it should be noted that hotels are presently facing severe shortages in occupancy rates which are at their lowest since 1971. Such a crisis and lack of funds can definitely hamper any efforts to install appliances that comply with the LEEDS standards (Leadership in Energy & Environmental Design). Some experts agree that a trade off may lead hotels into removing free amenities that include little bottles of shampoos, jams and free basket of fruits; all of which are the hallmark of these eco lodgings.

Where are the Workers gone?

The hotel industry gives employment at a very large proportion of part time workers, who after gaining substantial experience, leave for other lucrative jobs at restaurants and outdoors. Low wages in the hotel industry is one of the primary reasons for low retention rates.

Hotel industry Gurus are already thinking of ways to attract and retain qualified workers by increasing the pay scales and by reducing the long working hours. The top management is now devising constructive methods that will retain the existing workers by sponsoring education and creating attractive career paths.

Mega Hotels

The rising cost of construction and a struggling real estate has prompted hoteliers to deploy the pre-fabricated and cost effective solution in the construction of new hotels. In fact they are fighting back by producing highly efficient designs that utilize a greater proportion of space for revenue generating purpose. Future trends in the hotel construction will seek to maximize the use of building areas by constructing a multi purpose facility that will include Casinos, shopping outlets and Theatres. The stand alone hotel concept is likely to vanish as the new properties will be constructed as a mixed use development to provide guests with facilities such as Church, Hospitals and Theme Parks. Such a variety will ensure that guests remain at one spot which will help generate revenue for the entire hotel complex.

The evolution of savvy traveller

The evolution of internet has given rise to a phenomenon where travelers are becoming ever more demanding. Industry professionals suggest that an increase in a trend, to review properties online, will make travelers less forgiving as they are able to post their travel experiences. Such an overemphasis on web may even lead to stiff competition and price reduction strategies where only large players may be able to survive.

To ward of such threats, the small business owner is now turning towards opening a boutique establishment as an alternate to 70,s style motels. Such niche properties are popping up everywhere by advertising a more personalized “home away from home” kind of experience. The introduction of such boutique properties has also given rise to the popular and widely accepted theme of modern hostels. These hostels are keen to provide a clean and safe environment for budget conscious travelers. Their goal is to wipe out the myths associated with cheap motels and dingy guesthouses.

Whatever may be the case, one thing is for sure that constant remodeling of the hotel industry has made it more functional and practical not only for the guests but also for the hotel owners.

Measuring Efficiency With Hotel Management Indicator

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Hotel managers have the heavy task of supervising the entire hotel which includes a great deal of activities including hotel administration, marketing, accounts, housekeeping, and management of food and beverage, catering and preservation and front office supervision. With all the tasks assigned to you, you will definitely need all the help you can get from your employees as well as the hotel management tools that you can find. Among those that can aid you here is the hotel management indicator. This is better known as the hotel KPI or the key performance indicator, which assists managers in determining which processes are doing well and which are not. Aside from that, this keeps track of the efficiency of the employees, the behavior of the customers and the productivity of the hospitality business.

The hotel business world is a competitive arena so you cannot afford to let your guard down. One day, your rivals might come up with an idea that will take your clients away from you. Thus, you should always put your best foot forward especially when making decisions. You cannot make the right choices if you do not have the information wherein you will be basing your judgments upon. This is why you need the hotel management indicator.

There are hundreds and thousands of manage hotel performance indicators that you can use as of today. Depending upon your goals, your main focus and your strategy, you should be able to narrow down the number of your hotel KPI into five or less. This way, it will be easier for you to monitor the health of your company through the use of the hotel management indicator. For instance, if your main goal is to measure the efficiency of your hotel revenue management scheme, you can utilize indicators such as the REVPAR (room revenue per available room), the total revenue per available room or TREVPAR, the total profit per customer, the gross operating profit for every available room, the REVPAM which is also known as the revenue acquired from conference and banqueting per available square meter and REVPASH that pertains to the revenue from the food and beverage for every available seat and hour.

Now if your main concern is the staff or the employment, there are a number of manage hotel performance indicators that you can exploit including the percentage of wage cost, the percentage of the total labor cost, the total labor hours and the sick days of leave taken by the employees. Another example is when you have an onsite restaurant. You can use hotel management indicator like the total sales for every customers, the number of customers per day, the seating efficiency, the basket analysis and even the strike rate.

The results that you have obtained upon monitoring the performance of your hotel through the use of the KPIs can be used to make smart decisions. You can also utilize them to improve your performance and avoid problems in the future because of early detection. Compete in this cutthroat hotel business world with the confidence that will aid you in vying for reputation and prominence.

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Lancaster Pa Hotels Are Crucial For Any Pennsylvania staycation

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In today’s tough economic times the annual summer vacation is one of the first things to go, but it doesn’t have to be that way. Let the large Lancaster Pa Hotels be the cornerstone of your new tradition – a “staycation.” A ataycation is a vacation without the huge travel costs because you stay closer to home. Instead of flying to Florida, Mexico or Europe have a staycation in Lancaster, and take advantage of the wide choice of hotels and the many different attractions in the area.

Lancaster, PA is in the heart of Pennsylvania Dutch country and is traditionally known for its large Amish community. It also is a central spot for learning about the Civil War and the African American contribution to the American Revolution. It is this diverse set of options that makes Lancaster so attractive and this diversity is reflected in the range of hotels Lancaster has to offer.

The many different types of hotels guarantee that there is something for every style and taste. For those that are looking to explore the historic and quiet side of the Lancaster area there are hotels that were built in the late 1800s plus hotels out in the country where you can awake to the birds and enjoy beautiful sunset views. Spa hotels will appeal to those looking for some pampering. A unique experience can be had staying in a hotel featuring a train caboose or by sleeping near a water park.

To help you choose which hotel is perfect for your staycation, consider the many things there are to do, and choose a hotel that is central to your attractions. To help keep the costs of your staycation within your budget, plan to take in the many free things there are to do in the Lancaster area. From your hotel you can be minutes away from 28 covered bridges, Amish country, one-room school houses, museums and factory tours with free sampling! If you are looking for a little bit more excitement there are water parks, haunted theme parks, paintballing and family amusement parks.

Combine a historical Lancaster hotel with tours of nearby Gettysburg and Harrisburg, historical walking tours, an Underground Railway reenactment experience and the National Civil War Museum for a staycation that is sure to please any American Revolution and Civil War history buff. If trains are more your thing, then you can’t get any better than a stay in the Lancaster area hotel that is near railroad museums and tours and rides on local historic trains.

While the history or railroad buff is off exploring, other family members can spend their time at the more than 100 factory direct stores that can be found close to any Lancaster hotel, at the Rockvale or Tanger Outlet Malls. Or they can take the short trip to Hershey, PA for everything chocolate related.

So, just because money is tight, you don’t have stay at home in the backyard this summer. Plan your Lancaster, PA staycation, starting with the hotel that will set the entire mood. The hotels in Lancaster not only are a place to sleep, they can be the cornerstone for the entire trip.

Spend Your Vacation In Contemporary Style With Rajasthan Hotels

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The magic land of Rajasthan is unmatched with any of the states in the country, because of its heritage, culture, sand dunes and lush green forests. Bestowed with natural beauty, it is one of the best places for your vacations, as it offers a lot to explore with relic, preserved for the travelers.

There are hotels in every city of Rajasthan to serve their global tourists. The Rajasthan Hotels serves their guest with contemporary facilities and amenities. They give you a royal treatment with their calm and excellent staff service.

Oberoi Udaivilas Palace, Udaipur:

Located near Pichcola, Udaipur it is one of the best royal heritage hotel in Rajasthan. Designed in Mewari style, it shows the rich culture and tradition of royalty.

Chowki Dhani, Jaipur:

Chowki Dhani, a typical village module resort, is a blend of ethnic with modern comfort. Comprising of nine cottages, 33 royal cottages and 8 Haveli suites, it is one of the best hotel in Jaipur, which not only is a place to stay in but also helps you to get into the village environment with its rural type interior.

Phool Mahal Palace, Ajmer:

Once belonged to a Royal family, located at a peaceful area of Kishangarh, in Ajmer, Rajasthan, Phool Mahal Palace is a well-known and luxury hotel in Rajasthan. It is near Gundalao Lake, which will surely soothe your eyes and soul.

Bhanwar Niwas Palace, Bikaner:

Located in Rampura Street of Bikaner, it is one of the magnificent palaces in entire Bikaner. It has 24 beautiful rooms decorated meticulously by artisans of Bikaner.

Fort Rajwada Hotel, Jaisalmer:

Situated on Jodhpur-Barmer Link Road, Jaisalmer, surrounded by sprawling greenery, is one of the ideal forts for the visitors looking for the blend of luxury, comfort, heritage, and elegance. With 65 rooms designed lavishly, it is a perfect place to spend your Rajasthan vacations.
There are many other Rajasthan Hotels at your service, serving you the best.