Hotel & Motel Management - March 17, 2008 - (Page 24) 24 Special Report H&MM March 17, 2008 | HotelMotel.com www.HotelMotel.com/digital_edition Be prepared With a national recession looming, operators cautiously plan growth T hree months into 2008, management companies are growing tired of all the talk about a downturn. Some markets might be seeing dips in occupancy, and a national recession might force some businesses to cut their travel budgets, but peaks and valleys are all part of the game. That being said, management companies still must follow the Scout motto: Be Prepared. Throughout this special report, you’ll learn about third-party management companies that are using 2008 as a springboard, growing their portfolios more than ever before. They credit working with good people and targeting specialized markets as ways to get through a downturn. One specialized market is the boutique segment, and you’ll read about third-party operators who outline the differences between operating an independent property and a brand flag. In the wake of the downturn, companies admit they are setting aside time to look more closely at their bottom lines and see what cuts, if any, can be made to reduce expenditures. But, as most reported, that’s all part of the job. WORLD CLASS FF&E/OS&E PURCHASING SOLUTIONS PERFORMED WORLDWIDE SPECIAL REPORT H&MM’s TOP MANAGEMENT COMPANIES Bottom line important during recession page 25 H&MM’s top management survey page 26 Accuracy Integr ity Reliability www.benjaminwest.com Pyramid Hotel Group will pad portfolio page 34 Hotel Equities pins growth hopes on people page 35 Lane Hospitality targets secondary cities page 36 Management role changes at boutiques page 37 BOULDER | CHICAGO | DALLAS | HONOLULU | LONDON CIRCLE NO. 109 http://HotelMotel.com http://www.HotelMotel.com/digital_edition http://www.benjaminwest.com http://www.benjaminwest.com
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