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Industry Toolbox
EDC makes it a priority to keep updated with industry developments, new ways of thinking and new approaches in address challenges for service organisations. Continuous learning is one of our core values at EDC, and central to the design and offering of exciting and inspiring professional development programmes for service organisations. Our dedication to develop, enrich and optimise your people, your organisation, endeavours to bridge the gaps in the service industries, but can only be as effective as the breadth and depth of knowledge of the facilitator. So we make sure, we know what is happening!.
The unquantifiable number of online social and business networks, web portals and companies that use one of the most powerful distribution channels, can provide anyone, with an internet connection access to every conceivable piece of information.
Our industry toolbox is a source of reference for ourselves and we hope, for service organisations around the globe.
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posted 29 Mar 2009, 07:25 by Michelle Wells
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updated 19 May 2009, 05:44
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We liked this report found on the HVS website.
Historical data collected between 2000 and 2002 has been analysed and used to create a forecasting tool to help revenue managers build a more accurate forecast or confirm that their existing forecast reflects past industry reality and a declining economy. Read more about the forecasting tool in the full report below.
A HOTEL FORECASTING TOOL FOR THE CURRENT DOWNTURN
HVS Global Hospitality Services, February 2009
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posted 29 Mar 2009, 06:18 by Michelle Wells
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updated 19 May 2009, 04:10
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We liked this report found on the website of The Centre for Hospitality Research by Cornell Hotel School.
Where would we be without a mobile phone or an internet connection?. One can order a take-away pizza by simply sending a text mesage and within ten minutes it is delivered to your door...We have been able to book flights online for, what seems like centuries, and today most hotels are investing or considering in one of this centuries most effective distribution channels; the internet! What is next?...online restaurant reservations...
Of just under 700 restaurant customers surveyed in the Cornell Hospitality Report, one-third had made their reservation on-line; ate out more regularly and tended to be younger than those customers making telephone reservations. Read more about the driver factors to online reservations in the full report below.
Cornell Hospitality Report, Vol 9 No.5 March 2009
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posted 29 Mar 2009, 06:17 by Michelle Wells
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updated 19 May 2009, 04:10
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We liked this report found on the HVS website conducted by Smith Travel Research.
The good times will return!!..but will you be ready??...
Hotels around the world are struggling to keep afloat; attempting to capture pockets of market share; and be ready for the day when the market takes a swing around. Today, if no other is a perfect time to fine tune your revenue management skills. HVS offers revenue management strategies for today's market and the concept of up-selling on ever occasion.
HVS, February 2009
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posted 29 Mar 2009, 06:00 by Michelle Wells
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updated 19 May 2009, 04:07
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We liked this article found on the HVS Global Hopsitality Services website.
..."Just twelve months ago, private equity firms were buying up hospitality companies at multiples never seen before. With stock prices and real estate values tanking, how will CEO pay be affected? We submit that if compensation programming was done correctly, change or declarations such as Blankfein's would be unnecessary...".
HVS has developed numerous pay-for-performance models, in this article the company discusses how onw model can be applied to the hospitality industry and affecting the 'risk' components of compensation.
HVS, 11th March 2009
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posted 29 Mar 2009, 05:11 by Michelle Wells
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updated 19 May 2009, 04:06
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We liked this article found on the HVS Global Hopsitality Services website.
The tourist destination of Bodrum is largely dependant on domestic arrivals rather than international generating regions defining high concentration of short seasonality. Bodrum has great potential and with a forecasted increase of 130 million tourists in 2025, infrastructure developments are imminent with hotel openings and new gold courses popping up across the coast. Read the full market analysis and report below.
HVS LONDON, 26th March 2009
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posted 29 Mar 2009, 04:59 by Michelle Wells
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updated 19 May 2009, 04:05
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We were inspired by the idea of holding an event in the transformed 2004 Olypmic Stadium.Fancy holding this year's team-building weekend somewhere different this year? Delivering your conference in the transformed 2004 Olypmic Stadium?. With low-cost flights from across Europe; the transformed 5,000 seat stadium into Athen's Metropolitan Convention Centre in 2011 and the recently opened, fully equipped hi-tech Exhibition and Conference Centre at Athens International Airport 'Eleftherios Venizelos' providing 50,000 m2 of exhibition space...where else could you be more catered for while adding a Mediterranean flavour to your event? If EdiC Hospitality Consulting can help you plan and organise your event in Athens this year, do not hesitate to contact us
HVS, 13th March 2009
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posted 16 Mar 2009, 14:12 by Michelle Wells
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updated 19 May 2009, 04:04
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Efficient and competitive yield management strategies could return a healthy REVPAR, increase occupancy percentage and Average Daily Rate; optimising the revenue of your hotel. Yield Management is not only limited to hotels but can be applied to a range of service organisations. Keep those wheels turning!!
Alternatively, enrol on the Executive Education Sets 'Rooms Revenue Management' course to develop, enrich and optimise your competencies via three days of informative and dynamic learning with EdiC.
KEEP THE WHEELS TURNING
HVS, 12th February 2009
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posted 10 Mar 2009, 07:01 by Michelle Wells
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updated 19 May 2009, 04:03
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We liked this pertinent article from the LearnPurple website.
In turbulent markets and unstable working environments, do we have the choice to take leave in search for greener pastures? Can we quantify and justify such a risk?..If you are toying with the idea of jumping ship maybe you should read more before you take the plunge.
DO WE HAVE A CAREER CHOICE? LearnPurple, 10th March 2009
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posted 9 Mar 2009, 10:38 by Michelle Wells
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updated 19 May 2009, 04:02
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| We liked this article found on the HVC Europe website.
How did the investment market fare in 2008 and who were the key buyers and sellers?...and what does the future hold for investments?...find out more in the European Hotel Transactions 2008 report by clicking on the link below.
EUROPEAN HOTEL TRANSACTIONS 2008
HVC Europe, 9th March 2009
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posted 7 Mar 2009, 13:27 by Michelle Wells
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updated 19 May 2009, 04:02
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| Having recently visited Mexico, we liked this article from the HVS Asia-Pacific website.
'...small coves stretch along 16 miles of coastline...white beaches and tropical forests'...are enticing tourists, craving to escape to one of Mexico's untouched paradise's.
MEXICO'S UNTOUCHED PARADISE
HVC, 19th February 2009
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