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Vol. 11: Issue 26 2009-07-01

INSIDE VIEW

Leading through the Crisis - A Matter of Emotional Intelligence - By Thomas Mielke

With the financial crisis and economic downturn being omnipresent in the media and people's minds, companies seek security and stability. Does 'Emotional Intelligence' help leaders to cope with such an ever changing work environment? ...more

How to Sell a Garbage Burger - By Jim Sullivan, CEO Sullivision.com

At 12:30 pm on July 27, 1991 I went to a well-known Denver-area sports bar. I remember the time and date so exactly because that's the day a server recommended, and I tried, a 'Garbage' Burger for lunch. ...more

Checked Growth: How Burberry's Angela Ahrendts Is Steering the Company through a Volatile Economy

Since arriving at Burberry Group in January 2006, CEO Angela Ahrendts has seen the Burberry brand 'purified,' its luxury line diversified, its retail reach extended, and its global organization centralized and connected with a new SAP-based IT backbone. ...more

Be Sure of the Pour - Monitoring Bar Costs in Tough Times - By Jeff Gurtman, Account Director, LRA Worldwide, Inc.

There is a healthy debate in the hospitality industry as to whether drinking increases or decreases during troubled economic times. On one hand, the argument goes, people depressed about dwindling stock portfolios and 401K accounts may seek solace in a bottle, on the other, a night out of carousing becomes too much of a luxury as one's disposable income shrinks. ...more

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FEATURED SITE

World Economic Forum
The World Economic Forum is an independent international organization committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industry agendas.
...more

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FEATURED SUPPLIER

Catering Equipment Suppliers

Catering Equipment and Food Service Equipment For the Hospitality Industry
...more

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FEATURED MAGAZINE

Travelweek Qualify for Your Free Digital Subscription!

Travelweek has been voted Canada's best read travel trade publication for the past 15 consecutive years and offers a wide range of services to travel agents and other travel industry professionals.

Today Travelweek keeps travel professionals up to date on the developments which affect their businesses, not only through the pages of a weekly publication but also through Breaking News email blasts and Your Workshops online education.

Geographic Eligibility: USA, Canada
more info


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ENVIRONMENT

Haven't Gone 'Green'? It May Mean Property Tax Relief - By Michael Shalley

In these tough economic times, hotel owners need to proactively manage their property tax liabilities. The massive movement toward 'green' construction presents a meaningful opportunity for existing hotels to reduce their property taxes because 'green' has introduced obsolescence into the property tax equation. ...more

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HEADLINES

Most viewed headlines this past week at Hotel News Resource. Click on the title to read.

61.5% Growth in Mobile Web Browsing in the USA: How Will this Impact Online Sales in the Travel Industry?

Rising Fuel Prices and Economic Uncertainty to Dampen July 4th Holiday Travel, AAA Says

Coping With High Price Elasticity of Demand

STR Global posts Americas performance results for May 2009

E-Learning in the Right Place, at the Right Time, at the Right Price - By Jeff Tenut, E-Learning Instructional Design, DiscoverLink

STR reports U.S. performance for May 2009

STR reports US hotel performance for week ending 20 June 2009

Cornell Study Finds that Lower Hotel Prices Cost Hotels Money in Good Times and Bad

STR reports Canada hotel performance for week ending 20 June 2009

STR Global posts May 2009 results for Asia/Pacific region

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UPCOMING INDUSTRY EVENTS

Hotel Technology Next Generation
2009-07-13
Hotel Technology Next Generation Asia-Pacific Member's Conference

CHART - Council of Hotel & Restaurant Trainers
2009-07-25
78th Semi-annual CHART Hospitality Training Conference

International CHRIE
2009-07-29
2009 Annual ICHRIE Conference & Marketplace

ACTE
2009-08-12
ACTE Asia-Pacific Education Conference

The Association of Corporate Travel Executives (ACTE)
2009-08-12
ACTE Asia-Pacific Education Conference

NBTA
2009-08-23
NBTA Annual Convention

Yeeld Solutions
2009-08-26
Yeeld Solutions Academy - Revenue Management Seminar

Yeeld Solutions
2009-08-27
Yeeld Solutions Academy - Online Distribution Seminar


2009-09-13
World Routes

Mercury Publications
2009-09-15
A.C.E. - H.I.

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FEATURED BOOK

Keys to Buying Foreclosed and Bargain Homes

Concise and easy to read
Reviewer: A reader from Austin, Texas USA
This book is wonderful for the novice trying to learn about the business of investing in real estate. There is not a wasted word in this book and each chapter is only 2-3 pages long so it can be read inbetween commericals during a movie. I read over half the book during one movie.

There are helpful checklists and nuggets of suggestions that should help anyone wanting to buy a house or an investment such as Exhibit 1 showing how prices tend to change according to the season and the General Checklist to apply to any property you are considering buying. There are addresses for all the Hud offices in the US. There are tables to calculate mortgage payments based on the interest rate and there is an excellent explaination of the foreclosure process.

This a nugget of a book written in an extrememly readable and digestable manner. It may be a little too basic for experienced real estate investors but it is perfect for those just starting to learn the subject. I wish I had this book when I bought my first house and anyone facing foreclosure could benefit from reading it as well to understand the process.
...more

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 Departments

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 .  INSIDE VIEW

 .  FEATURED SITE

 .  FEATURED SUPPLIER

 .  FEATURED MAGAZINE

 .  ENVIRONMENT

 .  HEADLINES

 .  INDUSTRY EVENTS

 .  FEATURED BOOK

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