Articles
June 17, 2021
Whenever the media feels the need to emphasize the importance and magnitude of a certain event, new buzzwords are coined and many of these become part of our daily lingo.
June 16, 2021
The Institute of Tourism Studies (ITS) has recently launched its Strategic Plan covering 2021-2025. Launched after 2 years of work and consultation with a wide number of stakeholders, the new ITS Strategic Plan aims at shaping excellence and innovation in tourism through teaching and learning, quality research, advice, and realisation of innovative business concepts.
June 16, 2021
The first immediate thought nowadays when analysing the current business scenarios is COVID 19 and its negative impact. However, it is not all doom and gloom and as we may have seen opportunities arise in certain sectors. Many may argue that this is definitely not the case in the Tourism and Travel industry.
May 9, 2021
Added: 9 May 2021 Hoteliers are under unforeseen pressure to make magic happen in the new year and get their profitability back on track. Three words: “Total Profit Optimisation.” You’ve likely heard them spoken before in hushed whispers. It’s the ever-elusive and seemingly unattainable holy grail of hotel revenue leadership. Maximising Your Business Revenues by Total Profit Optimisation Total profit optimisation considers costs associated with acquiring and servicing every hotel reservation and the profit of each revenue stream associated with the reservation or onsite spend. Instead of just seeing hotel revenue through a narrow guest-room view, this holistic […]