Hotel chains are gung-ho about their robust pipelines, but have they thought about how to efficiently build the future of their staff as they build their future properties? Some have, and comedy sketches, a cappella performances and role-playing guest scenarios are the smart future of hotel hiring rather than stuffy, crowded job fairs.
Speed and efficiency are the big priorities for select service properties, especially for business travelers who want their hotel to be as smart and flexible as they are. Demand is growing and that's driving the highest rate and revenue increases across all of Hyatt.
Airbnb: potential distribution partner or industry threat? Some hotel companies and booking sites say neither, while others are keeping a watchful eye on both the positive and negative effects Airbnb may create.
Hyatt's entry into the Starwood sweepstakes comes as a surprise since Hyatt, with a market cap of $7.46 billion, is a much smaller chain than Starwood, which boasts a $13.58 billion market cap.
Based on Park Hyatt's consumer research, there's growing demand for more sophisticated programming in luxury hospitality. This collaboration with The New York Times could spark similar initiatives across the industry.
On one hand, hotels can be impersonal giants that don't allow for individuality or local understanding. On the other they can be an escape from the mundane, where the cost of managing fun or freedom is outsourced to someone else.