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Vol. 10: Issue 18 2008-05-07

INSIDE VIEW

CIO Balancing Act: Keeping IT on the Forefront of Creating Value

Long gone are the days when firms expected their chief information officer to function as 'chief technology mechanic.' As companies look for ways to maintain a competitive edge in new markets, CIOs are playing a more central leadership role, taking on increasing responsibility for corporate strategy and other duties outside of core technology. ...more

Profiling Your Target Growth Accounts - By Dr. Rick Johnson

When a customer makes their buying decision, the customer makes that decision based on certain assumptions and has specific perceptions and expectations. When the customer places and order, these assumptions and/or perceptions become reality in the customer's eyes, often becoming the source of costly misunderstanding. The task is to get the 'book on the customer' and, with proper planning, avoid misunderstandings. ...more

Food & Beverage - Elusive Cash Flow - By Joe Dunbar

It is quite common to see restaurant owners work hard all year and make nothing at all. The difference between a winning operation and a loser is cash management. ...more

We Don't Have To Sell Any More? - By Robert Mandelbaum and Viet Vo

As the industry enters what is projected to be an extended period of moderate, yet sustained growth for the next few years, expect to see the investment in unit-level marketing expenditures start to level off. Historically, marketing expenses grow at a greater pace than total revenue during recessionary periods and the following years of recovery. Industry owners and operators realize the need to 'spend money in order to make money.' ...more

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FEATURED SITE

AAA Fuel Cost Calculator

Calculate The Estimated Fuel Cost Of Your Trip
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FEATURED SUPPLIER

Chef Uniforms

Makes and sells unique UA Chef Uniforms, chef coats, chef pants, Chef shoes, Chef aprons, Polo & Oxford shirts, & wait staff restaurant uniforms. Custom logo embroidery is also available.
...more

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FEATURED MAGAZINE

Food Arts Provides top-of-the market professionals with cutting edge information from the food and beverage industry.

Geographic Eligibility: USA
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ENVIRONMENT

How the Colorado Springs Marriott Cut its Annual Electricity Costs by $57,000 - By Glenn Hasek

With zero money out of pocket and utilizing existing systems and equipment, the nine-floor, 273-room Colorado Springs Marriott reduced its electricity consumption by 18 percent from April 1, 2007 to April 1, 2008. ...more

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HEADLINES

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

Cornell Center for Hospitality Research Roundtable Highlights Risks and Rewards of Service Innovations

Undersea Resort Signs Contract with Odys Shipyard for the First Three Offshore Resort, Casino, Spa, Convention, Shopping Center, Parking, Floating Accommodation, Undersea Habitat and Eco-Cruise Ships

Condo Hotels - Evolution Toward A Commercial Hotel Structure - By Michael T. Sullivan & Marshall A. Bendelac

Hey, General Managers, There is Hope for This New Generation of Hospitality Sales Professionals! - By David M. Brudney

Technology, Customer Expectations, Environmental Issues Will Drive Near-Term Decision Making For Electronic Distribution

International Visitation To USA Up 11 Percent In January 2008 - Spending At $11.4 Billion For The Month

Weekly U.S. Lodging Performance for the week of Apr 20, 2008 - Apr 26, 2008

Ecotourism Pioneer Now Ready to Export 'Trash to Treasures' Idea - By Glenn Hasek

Upscale hotels show no sign of a downturn

Cornell Restaurant Report Finds Tip Guidelines Can Boost Tips

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UPCOMING INDUSTRY EVENTS

Atticus Events
2008-05-10
HOTEC Middle East

A Couple of Chicks e-Marketing
2008-05-12
Online Revealed Canada

Colorado Restaurant Association
2008-05-13
WestEx 2008

Guangzhou Huazhan Exhibition Planning Co., Ltd
2008-05-13
HOSFAIR Xi'an 2008

Hospitality Design Group
2008-05-14
Hospitality Design Expo

National Restaurant Association
2008-05-17
2008 NRA Show

National Restaurant Association
2008-05-17
National Restaurant Association Hotel-Motel Show 2008

ACTE
2008-05-18
ACTE Global Education Conference

National Restaurant Association
2008-05-19
International Wine, Spirits & Beer Event

Business Events (BE) Group Ltd
2008-05-19
Hotel Investment Russia 2008

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FEATURED BOOK

Human Resource Management for the Hospitality and Tourism Industries

Human Resource Management for the Hospitality and Tourism Industries takes an integrated look at HRM policies and practices in the tourism and hospitality industries. Utilising existing human resource management (HRM) theory and practice, it contextualises it to the tourism and hospitality industries by looking at the specific employment practices of these industries, such as how to manage tour reps or working in the airline industry.
...more

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 .  FEATURED BOOK

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