HSMAI Foundation Announces Members of 2023 Board of Directors
HSMAI Foundation | February 21, 2023
McLean, VA (Feb. 21, 2023) The Hospitality Sales and Marketing Association International (HSMAI) Foundation is proud to announce the members of its 2023 Board of Directors. HSMAI Foundation leaders have a passion for helping solve the sales, marketing, and revenue talent challenges being faced by many hotel and hospitality companies. The board is composed of senior travel and hospitality executives, led by chair, Michelle Woodley, President, Preferred Travel Group, who is in her second year of a two-year term. “I’m excited to champion another year of initiatives that help to attract, develop, and engage diverse talent in our industry” ...
Capsolve Announces PMS Research for Hospitality & Accommodations
Capsolve | September 14, 2022
Bradenton, FL - Capsolve announces an update to its research for the Property Management System (PMS) category. The 20 report research series allows our core industries to understand the global technologies that exist to facilitate their success. The report for the PMS category is based on analysis of numerous vendors of all sizes and is classified as a Super category due to the number of vendors it contains. The research identified four primary styles based on the vendors’ combination of a PMS solution with other core hospitality systems, such as a CRS or POS. Numerous countries had at least one vendor headquartered within their bor...
Lessons From Disaster: COVID-19 and Chinese Hotels
PolyU’s School of Hotel and Tourism Management | September 17, 2020
Few industries have suffered more from the COVID-19 than hospitality and tourism, and China’s hotel sector has many lessons to learn. In a thought-provoking exploratory study published recently, Dr Fei Hao, Dr Qu Xiao and Dean Kaye Chon of the School of Hotel and Tourism Management (SHTM) at The Hong Kong Polytechnic University cast light on the fundamental impact of COVID-19 on the sector, and propose strategies for Chinese hotel firms to overcome their current difficulties and emerge ever stronger. First and hardest hit by the devastating impact of COVID-19, Chinese hotels now have the chance to lead the global sector out of crisis and in...
Capsolve Announces Enhanced Research Program and Industry Services
Capsolve | August 6, 2020
Nokomis, FL 8/6/2020 - Capsolve, a leading provider of Research and Services, has released its first series of research reports as a complimentary resource to the industry. The reports include an overview of the software, services and equipment that exist within the Central Reservations, Sales & Catering, Revenue Management, COVID-19 Mitigation, Digital Ordering and Mobile categories. As part of Capsolve’s complete research program, inquiries may be fielded for nearly any category of interest, such as PMS, POS and the many others displayed in the Capsolve Industry Solution Maps. View the Research Since the beginning of the y...
Latest Research From WTTC Shows a 50% Increase in Jobs at Risk in Travel & Tourism
March 26, 2020
London, UK: Up to 75 million jobs are at immediate risk in global Travel & Tourism due to the coronavirus pandemic, according to the World Travel & Tourism Council (WTTC). The alarming figure, based on research from WTTC, shows a punishing Travel & Tourism GDP loss to the world economy of up to US$2.1 trillion in 2020. The latest projection of a 50% increase in jobs at risk, in less than two weeks , represents a significant and worrying trend, with an astounding one million jobs being lost every day in the Travel & Tourism sector, due to the sweeping effect of the coronavirus pandemic. The analysis by WTTC, which repr...
HSMAI & ZS Release Incentive Plan Research Report
HSMAI | October 1, 2019
(McLean, VA, October 1, 2019) Take a deep dive into the state of hospitality incentives in a new Hotel Management Company Incentive Plan Research Report released by HSMAI and ZS to discover key findings in incentive compensation structure, metrics, revenue, goal attainment, and more. The report is designed to help hospitality leaders make informed decisions to maximize the design and success of incentive plans. The latest research first outlines the framework for sales incentive plan design. The report finds that at its core, a good incentive plan is strategic, motivational, fair, simple, and fiscally responsible. Additionally, incentiv...
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