Recently added articles from Cornell Hospitality Quarterly:
Center of the storm.(From the Center)(managing financial crises)
May 01, 2009; ... The current economic turbulence is front and center in almost everyone's mind. We often hear: "the worst crisis since the Depression." The challenges to American business, including the hospitality industry, and the suffering of individuals who have watched jobs and financial resources ...
Examining mergers and acquisitions.(From the Editor)
May 01, 2009; ... In place of a typical editor's message, this issue begins a series of articles appearing in this space that analyze merger and acquisition (M&A) activity in the hotel industry. Domestic and international M&As have become important tools in the lodging industry as a major means for ...
The winds of change have reached gale force.(MANAGER'S FOCUS)
May 01, 2009; ... Together, the recession that has hit full-stride and the credit crisis that began last summer are taking a toll on the U.S. lodging industry. As 2009 takes shape, the industry is faced with growing supply, shrinking demand, and lower room rates. This downturn is industry-wide and affects ...
Falling profits--rising cap rates.(MANAGER'S FOCUS)(Industry overview)
May 01, 2009; ... The economic turmoil that continues to characterize the environment in all comers of the United States through the first quarter of 2009 has set the stage for what will likely be a record year of contraction for the domestic lodging industry. According to Smith Travel Research (STR), the ...
Scheduling restaurant workers to minimize labor cost and meet service standards.(RESTAURANT MANAGEMENT)(Report)
May 01, 2009; ... By applying a computer-driven model to scheduling in a Korean casual-dining restaurant, staffing levels were effectively matched to actual demand levels. At the same time, by maintaining a set proportion of full-time and part-time workers, the schedule ensured service standards. The model, ...