Issue Date: 13-19 August 2010
Printed Magazine: "Government threatens compulsory calorie code"
In order to solve national obesity crisis, food service operators may be forced to display calorie content on their menus. I think the requiring calorie display on the menu may possibly enhance the industry by encouraging the best, healthy, and yet affordable F&B.
Issue Date: 13-19 August 2010
Printed Magazine: "Pressure on crops forces further rise in food prices"
Food inflation is pressuring hospitality industries to have rises in the food prices. Media attention can help caterers and restaurants to explain the rises in tariff to the customers. I think food inflation will detrimentally affect the industries as the economic pressure will discourage out-dining culture.
Article Date: 2 September 2010
Online Article: "The rise of the healthy fast-casual chains"
Fresh food chains (ex. Leon, Chilango) are becoming more popular as people are more concerned about their health. I think if hotel industry takes note of this trend, then, it can improve its F&B services especially in resorts where people usually seek for fast food.
Article Date: 7 September 2010
Online Article: "Accor signs three new franchises, including All Seasons"
With its goal to become the largest hotel franchiser in Europe by 2015, Accor made deals with Fairview and All Seasons. I am not so sure how becoming the largest hotel franchiser will help improve the services offered. Of course, being global can make the business international; however, is it possible to manage so much at the same time?
Issue Date: 20-26 August 2010
Printed Magazine: "The power of interest rates"
VAT rise of 20% can add 2.13% to applicable good and services cost. Thousands of businesses will be “wiped out” and the customers will feel “poor”; however it’s important to respect this demand because government’s decision is based on current circumstance. The expression “the customers will feel ‘poor’” was interesting to me because I also felt the same in some restaurants. I realized the significance of finding the balance among VAT, food cost, and profit.
Issue Date: 20-26 August 2010
Printed Magazine: "Out of this World"
The World is a luxury residential cruise that sails around the world based on the residents’ request. Despite its mobile trait, it offers highest quality of service, exceeding guests’ expectations all the time. I’m amazed at how the place, quantity, and quality of service are unlimited. Knowing this fact encourages me to reach for the highest.
Issue Date: 10-16 September 2010
Printed Magazine: "UK sees 10% increase in visitors from the Gulf"
The number of tourists from the Gulf region has increased by 10% due to attractions in luxury brands Premier League football. I predict that room rates in the central shopping area in UK will gradually increase since the demand is increasing.
Issue Date: 10-16 September 2010
Printed Magazine:"We need unity on drinks pricing"
The debate on drinks pricing concerns “whether or not restrictions should be on the basis of minimum retail prices or on the basis of prices controlled by reference to cost.” I think having a unity on drinks pricing will help the hotel industry increase its revenue in F&B area because the drink pricing is similar everywhere.
Issue Date: 10-16 September 2010
Printed Magazine: "Nestle to invest £320m in coffee projects by 2020"
Nestle launched the Nescafe Plan with a goal “to help the company further optimize its coffee supply chain.” The hotels can expect high quality coffee from Nestle as it prepares to start its Nescafe Plan.
Issue Date: 10-16 September 2010
Printed Magazine:"Wetherspoon creates 1,000 jobs"
Pub operator HD Wetherspoon plans to create 1,000 new jobs for 16/17 year-olds in the next 12months. The school-leavers will not only have a job but also have a chance to study for NVQ qualifications. I think this is awesome idea to produce quality workers. The school-leavers will be dedicated to their job and motivated to take the opportunity offered by Wetherspoon.
Article Date: 15 October 2010
Online Article: "Premier Inn trialling Twitter concierge service"
Premier Inn is “the first budget hotel brand in UK to offer guests …Twitter concierge service to help them make the most of their weekend away.” The Twitter concierge service will not only increase the value of the budget hotel but also increase the number of future guests as it offers great, full service.
Article Date: 15 October 2010
Online Article: "TripAdvisor launches hospitality operator charm offensive"
TripAdvisor is holding several events in an attempt to improve its “fractious relationship with hospitality operators.” During the event, the experts will discuss controversies concerning gust’s feedback reviews and maintaining positive online reputation. I think TripAdvisor is taking a big step to improve its services. These events will not only provide many opportunities to interact with the industry leaders but also a chance to “discuss marketing solutions to today’s most pressing business challenges.”
Article date: 22 October 2010
Online Article: "Service apartments providing increased competition for hotels"
According to information provided by Association of Serviced Apartment Providers (ASAP), business travelers are starting to choose serviced apartments over hotels because of cheaper cost.I don’t think serviced apartments can be compared to hotels because they provide different kind of service; however, hotels should watch out for future developments in service apartments because there’s a potential that service apartments can turn into hotels.
Article Date: 22 October 2010
Online Article: "Wyndham Chelsea Harbour introduces guest chef programme"
US hotel brand Wyndham is introducing a guest chef programme in its Chelsea Harbour property for the first time.I think guest chef programme is a smart marketing tool to attract old and new guests.
Article Date: 29 October 2010
Online Article: "Restaurants and pubs have increased prices and trimmed portion sizes"
To protect the profits, restaurants and pubs cut down portion sizes and increased the price by approx. 4.8%.I think rise in food cost is causing this trend. It’s now coming to the point where people have to question: am I getting what I paid for?
Article Date: 29 October 2010
Online Article: "Hotel and leisure insolvencies increase in September"
According to information provided by Experian, the number of hotel and leisure insolvencies increased compared to the previous year. As the world faces more economic crisis, I think insolvency will be a continuous trend. I see the significance of efficient GM who will plan ahead to prevent bankruptcy issues.
Artcle Date: 5 Novvember 2010
Online Article: "Hotel expansion is buoyant, says new BHA report"
According to a report released by British Hospitality Association, UK hotel industry is expanding despite the increase in insolvencies. This proves how economic crisis can actually encourage hotel businesses to grow more. I think this is very evident in Korea as well as people are spending more during economic crisis.
Article Date: 5 November 2010
Online Article: "Considerate Hotel Awards introduce two new categories"
Considerate Hoteliers Association added 2 new awards, “Considerate Small Accommodation Provider of the Year Award for establishments with 10 bedrooms or less and the Considerate Supplier of the Year Award.” The introduction of the new awards will globalize the hotel industries as award opportunities are broadened to more hotels. I think the addition of the two awards will motivate smaller hotels to compete with the bigger hotels by encouraging involvement in awards nomination.
Article Date: 14 November 2010
Online Article: "UK colleges deliver real benefits for SMEs"
According to a survey held by Association of Colleges (AoC), small and medium sized businesses (SMEs) benefited in the areas of productivity and skills development by training their staffs at UK colleges. I think training staffs at colleges is a great way to improve productivity when the businesses are looking at long term effect. For instance, if the quantity of employer is more important than skills, it is better for the businesses to hire part-time workers or workers without skills.
Article Date: 10 November 2010
Online Article: "All suite hotel Wellesley claims to be London’s first six-star property"
The Wellesley, all-suite hotel which will open in 2012, is going to be a “six-star hotel” according to Rhimesong. I think claiming to be a “six-star hotel” is a great way to start, putting enough pressure for the hotel to be the best and intimidating the competitor hotels to be ready for the best.
No comments:
Post a Comment