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Scott Lanciani
The Co-op Model..... How did any of us find out about the cooperative business model? I learned by accident. Our organization was looking for a new kind of business structure to have a community owned classic amusement park museum. When our local amusement park (Whalom Park) closed the surrounding communities were upset that our park wasn't going to open and no one asked us what we as the citizens of those communities wanted. Then it was stripped and sold for development before our eyes. In one of our many meetings we had at my house one guest said that it sounded like a ski mountain her friends owned shares of. After that meeting I Google searched that information and found the Mad River Glen Cooperative MRG a skier owned mountain. For the next two years of researching MRG and co-ops in general we formed our organization as a consumer cooperative called the New Whalom Cooperative. As a business model it makes sense for us but it makes sense for many businesses but it's so hard to find all the information and tools needed to create a co-op. In today's world you can set up a business structure through a website in 5 minutes but you can't find a way to do that as a co-op. Why is that? Over the years since I've/we've found more resources and great people who help guid our co-op journey. One of those resources is the Everything Co-op radio show hosted by Vernon Oaks. For 11 years the show has dived into many types of co-ops and different programs that help educate and create cooperatives. Within this episode referenced here in this post the question arises. How can we market the co-op business model more? It's the business worlds best kept secret. How many of you have an account at a credit union? Did you know that a CU is a financial cooperative?! I didn't either. As cooperators we need to spread the word about the co-op business model. October is co-op month and if you have a platform you need to post, share or download as much information as we can so maybe in the future any cooperators can structure there co-op business on that same site that only takes 5! minutes....
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Gregg Hopkins
Thanks to Jill Dassen and Henri Roelings of Hospitality Net for publishing the latest in my "Revolutionizing the Guest Journey" series. This article delves into the technology and tools shaping the Reflection Experience. Stay updated by following Get Hoppy Consulting on LinkedIn. Interested in discussing how these insights can benefit your organization? Feel free to message me. #Hospitality #GuestExperience #Technology #Consulting
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Edward St.Onge
A great point on the topic of Who owns a hotel's website? Is it the hotel or the Agency? Max Starkov dives into some of the nuance of that, and I agree. Most Agencies operate along these lines, not all. If you are a marketer, make sure you understand what kind of control you will have over your website when shopping agencies. Thanks The Hotels Network for leading this educational series.
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Event Planner Confessions
It’s a girl’s world in hospitality. 💃 Episode 3 is now live - Women Leading the Way: The Rise of Female Power in DMCs Cara Pratt, CMP, DMCP and Ashley Currin discuss their experience and essential tools for thriving in a female-dominated industry. What are your thoughts? Share your comments below! #eventplannerconfessions
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HotelBizLink.Com | The Hospitality Media
Hotelbizlink Sep-Oct 2024 magazine edition is somewhat special. It focuses on hospitality investments theme. For the cover story we have a very special guest: Greg Friedman, who is the co-founder of Peachtree Group. With over 24 years of experience, Greg stands out as a visionary leader, and has overseen investments exceeding $10 billion, shaping Peachtree Group’s innovative strategies in hospitality investment. In our in-depth interview, we delve into topics like Peachtree’s impressive track record, capital management, vertical integration approach, quick deal closures, and emerging trends in the sector. Read all this in the Cover story. Continuing the investment theme, we have an additional special report, highlighting Japan's rise as a prime investment destination, attracting major players like Hyatt, Hilton, and Marriott. In the news section we cover several interesting developments, like how USA and China are leading the hotel development landscape, accounting for 64% of the projects, according to a report by Lodging Econometrics (LE). There is much more than what we have briefly mentioned here. Read it free online here: https://lnkd.in/gHU7z54Y #hospitality #hoteliers #hotelindustry #hotelnews #hotelinvestments #hotelmedia #hotels #hotelsandresorts #hospitalitymagazine #hospitalitymedia #hotelbizlink #travelindustry #travelbusiness #hotelowners #hotelmanagers
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Sherry Marek
Looking for a way to connect to others in your organization, in your physical community or in your global industry? Here are ideas to practice from your desk or while you take a 10 min walk in the park? Ann Shoket, CEO TheLi.st , offers these thoughts, “Networking can feel hard, vulnerable, and a drain. But our research shows that it’s not after-work drinks, or glad-handing networking events, or even splashy corporate retreats that build community. It’s tiny, daily ‘micro habits’ that create the support you need at work. There are people out there rooting for your success—stay in touch with them.” #networking #friendships #lifeskills
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Michelle Oliver
Welcome to this week's episode of 🎙️TALKABOUTTV, where we dive into the world of experiential outdoor hospitality! Join host Michelle Oliver and special guest Randy Hendrickson , CEO and co-founder of EVOLVE Lodging , as they discuss the critical topic of budgeting in the outdoor hospitality industry. 🍁 As we transition into the fall season, many operators are reflecting on their performance and planning for the year ahead. In this episode, Randy shares insights on current trends, including the importance of diversifying revenue streams and enhancing guest experiences. Discover how parks can leverage their assets to create multiple income sources, from food and beverage offerings to premium site upgrades. Whether you're in the midst of budget planning or looking to innovate your offerings, this conversation is packed with valuable strategies to help you thrive in the competitive landscape of outdoor hospitality. Tune in to learn: 💵 How to approach budgeting differently this year 💝 The significance of creating memorable guest experiences 🥗 Innovative ideas for maximizing revenue from a single asset Remember to 👍 like, subscribe, and share your thoughts in the comments! Let's make this week productive and purposeful together! https://lnkd.in/g7iPnSTq #rvresorts #experientialoutdoorhospitality #campgrounds #glamping #evolvelodging
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HSMAI Hawaii Chapter
Aloha, HSMAI Hawaii Chapter community! 🌺 Check out this insightful article by LODGING Magazine: "Seven Ways Hoteliers Can Foster Better Partnerships with Meeting Planners." Learn how personalized experiences, transparent communication, and strategic collaborations can elevate guest satisfaction and drive business success! Read more: https://lnkd.in/g_nKhtaq #HospitalityPartnerships #EventPlanning #HotelIndustry #HSMAIHawaii
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Nicholas Kittis
Many leaders preach loyalty. Yet, some live a double life. You've heard it, “Be loyal.” Yet, I hear stories of successful hotel Executives leading double lives every week. They get busy jet-setting and attending high-profile events while their home life crumbles. They think they can manage it all without consequences. But guess what? Betrayal doesn't stay hidden. It impacts your decisions, your team, and ultimately your bottom line. What’s your perspective on loyalty in leadership? Comment below with your thoughts!
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Brkthru
What We Heard @ eTourism Summit 2024 by Matt Zornes, Director of Sales Development The annual eTourism Summit 2024 was in Las Vegas recently, and I was fortunate to attend along with hundreds of travel and tourism professionals including DMOs, state and regional travel associations, attractions, cruise lines, airlines and hotels, tour operators and marketers and advertising agencies. This was an opportunity to network and gain a deeper understanding of the forces at play as the travel and tourism industry continues to recover from the impact of the COVID-19 pandemic. The bright spot is travel is predicted to reach 98 percent of pre-pandemic levels in 2024 with a full recovery expected in 2025. Most of the DMOs at the summit are looking for more ways to boost visits. Interestingly, about 20 percent in attendance are dealing with the phenomenon of “over tourism,” the situation when too many people visit a place all at one time, and the locale is spoiled, making it difficult for tourists and those who live there. “Travel is sexy again” was a common theme along with lots of talk about shoulder season – the low points on either side of seasonal peaks. Think about the days or weeks before and after Spring Break and holidays. The general sentiment is destinations need to try and segment their audience in new ways and push them to come in the right before or after peak season. There was significant discussion around cookie deprecation and the methods for acquiring or using first-party data to counteract the gap. The main ideas for acquiring first-party data were giveaways, in-person activations (including welcome centers and travel kiosks that capture travelers) and paid digital lead-generation. The key was to not sit on the data that DMOs and others in the industry already collect. CTV/OTT and YouTube are becoming havens for both broad reach and niche content, and perfect for an industry where video and sound demonstrate attractions and events. These are a just a few of the many topics that also included conversion metrics, TikTok and other social media platforms, the most-prolific travelers (Millennials, and how to reach them and keep them engaged), and the challenges of performance measures with legacy media. If you’re a travel and tourism professional, DMO, marketer or agency and would like to have a more in-depth conversation with us at Brkthru about these trends and opportunities in the travel industry, reach out to [email protected]. We’d like to start a conversation and share some of our significant experience reaching leisure and business-to-business travelers.
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Hospitality Technology
In the hospitality industry, a focus on guest personalization, technology integration, and staff retention drives business success. Leveraging tech solutions and partnerships optimizes operations and enhances guest satisfaction. Strategic investments in technology ensure a competitive edge and long-term growth. #HotelManagement #TechInnovation #GuestExperience #StaffRetention #BusinessSuccess
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Eagle Mill Rooms
In 2024, several key trends are shaping the bed and breakfast (B&B) industry, reflecting broader shifts in hospitality and travel preferences. Read our latest blog on what we consider to be the top 10 trends this year: https://lnkd.in/eNckrExe #bedandbreakfasttrends #hospitality
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Hospitality Technology
Over the past decade, the digital strategies of hotels and casinos have undergone a significant transformation, driven by technological advancements and shifting guest expectations. Rosalie Stahley, Vice President, Digital Strategy & Innovation at ComOps - Strategy & Commercial Operations as a Service has seen her fair share of tech evolution within hospitality. Prior to ComOps, Stahley worked for many years at Seminole Gaming and Borgata Hotel & Casino, giving her some unique insight into how hotel and casino digital strategies have evolved in the last decade, and what are some of the largest issues hoteliers face when creating or maintaining a digital strategy. Check out her insights below! #DigitalStrategy #Hospitality #TechIntegration #AI #Automation #CXInnovation
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Northstar Meetings Group
HOT OFF THE PRESS: The new Northstar/Cvent Meetings Industry #PULSESurvey shows #eventplanners are focusing on flexibility and maximum cost savings in their hotel and venue booking strategies. More than two-thirds of planners report being cautious with venue contracts, as higher #costs remain the top concern right now. The findings also reveal that only 23% of planners are currently using generative #AI tools to support their meetings. Download a free copy of the results: https://bit.ly/3OB8xqa #eventprofs #meetingprofs #meetingsindustry #eventsindustry #meetingsandevents
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Corporate Traveller South Africa
Here’s the big question: what do business travellers really need these days? Turns out, hotels like The Capital Hotels, Apartments & Resorts are already tuned in. In the latest episode of CT Chronicles, we explore how The Capital is reworking its services based on feedback from travellers. From better workspaces and speedy Wi-Fi to flexible stays that feel more like home, they're making it easier to travel for work. And it's not just about offering a room anymore. The Capital has introduced innovative booking options that let you personalise your stay. If you want a peek into what's coming next, this episode is worth a watch. https://okt.to/Us7bIP #CTChronicles #BusinessTravel #HotelsThatGetIt #CorporateTraveller #TheCapital #BusinessStays
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