Hotel & Motel Management - July 7, 2008 - (Page 46) 46 News H&MM July 7, 2008 | HotelMotel.com NYU Notebook Peer network launches Continued from page 4 versation with you about innovation,” Ward said during the inaugural meeting at New York’s Marriott East. “You’ll see that learning, anticipating, adapting and thriving are really what we think it’s all about.” Ward said the process of selecting three innovators to high- light at the meeting began with 103 candidates and was whittled down to the “three most innovative companies in our industry.” “They have a passion for the industry,” he said. Presenting were: Capton, a developer of radio frequency identification-based business solutions for the hospitality industry; PURE Solutions, providing fresh, healthy and allergy-friendly environments; and Revenue Analytics, a consulting firm specializing in pricing and revenue management. Capton’s c.e.o., Scott Martiny, showed how Capton’s marquis product, Beverage Tracker, sits atop liquor bottles and measures the amount of liquid poured. The device then reports this data to a main server so food-and-beverage managers can review the amount of liquor poured and compare it to actual revenue. “[The hospitality industry] spends $23 billion on liquor a year,” Martiny said. “If you take your [point-of-sale] reports and your recipe standards and your purchasing cost of liquor, you “Learning, anticipating, adapting and thriving are really what we think [the Network is] all about.” –TOM WARD, MANAGING DIRECTOR should only be spending $16 billion on liquor. What you’d rather have is not the $7 billion in liquor back, but the $30 billion in revenue that you should be getting for that liquor. That’s the problem that we went out to solve.” PURE Solutions’ founder Brian Brault displayed his prod- uct, which is designed to make the guest feel more comfortable by treating surfaces and air to remove mold, bacteria, viruses and other contaminants. Brault had audience members close their eyes and imagine they were outside after a lightning storm in cool air. “Now open your eyes and realize you’re actually in a PURE room,” Brault said. Robert and Dax Cross, c.e.o. and executive v.p., respectively, of Revenue Analytics, presented revenue management and pricing principals that have unlocked millions in revenue for past clients from the airline, automobile manufacturing and hospitality industries. Robert Cross said his company has changed the revenue-management playing field by studying retail price optimization, group optimization and forecasting demand and performance. jfreed@questex.com S CIRCLE NO. 135 Smart Bars Smart People Smart Solutions CIRCLE NO. 114 CIRCLE NO. 134 http://HotelMotel.com http://sterifab.com http://sterifab.com http://www.pureideology.com http://www.minibarNA.com http://www.pureideology.com http://www.minibarNA.com
Table of Contents Feed for the Digital Edition of Hotel & Motel Management - July 7, 2008 Hotel & Motel Management - July 7, 2008 Contents Brands Target Eastern Markets New Peer Network Promotes Innovation Noble Makes Moves Despite Slow Market Perspective Legally Speaking On Finance AAHOA Update Satisfaction Trends Trends & Stats HotelWorld Update Guest Column 2008 Purchasing Survey Refrigerators Transportation In-Room Ammenities Revenue Management Ad/Editorial Index Marketplace Classifieds Checking Out Hotel & Motel Management - July 7, 2008 Hotel & Motel Management - July 7, 2008 - Hotel & Motel Management - July 7, 2008 (Page 1) Hotel & Motel Management - July 7, 2008 - Hotel & Motel Management - July 7, 2008 (Page 2) Hotel & Motel Management - July 7, 2008 - Contents (Page 3) Hotel & Motel Management - July 7, 2008 - Noble Makes Moves Despite Slow Market (Page 4) Hotel & Motel Management - July 7, 2008 - Noble Makes Moves Despite Slow Market (Page 5) Hotel & Motel Management - July 7, 2008 - Perspective (Page 6) Hotel & Motel Management - July 7, 2008 - Perspective (Page 7) Hotel & Motel Management - July 7, 2008 - Legally Speaking (Page 8) Hotel & Motel Management - July 7, 2008 - Legally Speaking (Page 9) Hotel & Motel Management - July 7, 2008 - Legally Speaking (Page 10) Hotel & Motel Management - July 7, 2008 - Legally Speaking (Page 11) Hotel & Motel Management - July 7, 2008 - Legally Speaking (Page 12) Hotel & Motel Management - July 7, 2008 - Legally Speaking (Page 13) Hotel & Motel Management - July 7, 2008 - On Finance (Page 14) Hotel & Motel Management - July 7, 2008 - On Finance (Page 15) Hotel & Motel Management - July 7, 2008 - AAHOA Update (Page 16) Hotel & Motel Management - July 7, 2008 - Satisfaction Trends (Page 17) Hotel & Motel Management - July 7, 2008 - Trends & Stats (Page 18) Hotel & Motel Management - July 7, 2008 - HotelWorld Update (Page 19) Hotel & Motel Management - July 7, 2008 - Guest Column (Page 20) Hotel & Motel Management - July 7, 2008 - Guest Column (Page 21) Hotel & Motel Management - July 7, 2008 - Guest Column (Page 22) Hotel & Motel Management - July 7, 2008 - Guest Column (Page 23) Hotel & Motel Management - July 7, 2008 - 2008 Purchasing Survey (Page 24) Hotel & Motel Management - July 7, 2008 - 2008 Purchasing Survey (Page 25) Hotel & Motel Management - July 7, 2008 - 2008 Purchasing Survey (Page 26) Hotel & Motel Management - July 7, 2008 - 2008 Purchasing Survey (Page 27) Hotel & Motel Management - July 7, 2008 - Refrigerators (Page 28) Hotel & Motel Management - July 7, 2008 - Refrigerators (Page 29) Hotel & Motel Management - July 7, 2008 - Transportation (Page 30) Hotel & Motel Management - July 7, 2008 - Transportation (Page 31) Hotel & Motel Management - July 7, 2008 - Transportation (Page 32) Hotel & Motel Management - July 7, 2008 - Transportation (Page 33) Hotel & Motel Management - July 7, 2008 - Transportation (Page 34) Hotel & Motel Management - July 7, 2008 - Transportation (Page 35) Hotel & Motel Management - July 7, 2008 - In-Room Ammenities (Page 36) Hotel & Motel Management - July 7, 2008 - In-Room Ammenities (Page 37) Hotel & Motel Management - July 7, 2008 - In-Room Ammenities (Page 38) Hotel & Motel Management - July 7, 2008 - In-Room Ammenities (Page 39) Hotel & Motel Management - July 7, 2008 - In-Room Ammenities (Page 40) Hotel & Motel Management - July 7, 2008 - In-Room Ammenities (Page 41) Hotel & Motel Management - July 7, 2008 - Revenue Management (Page 42) Hotel & Motel Management - July 7, 2008 - Revenue Management (Page 43) Hotel & Motel Management - July 7, 2008 - Ad/Editorial Index (Page 44) Hotel & Motel Management - July 7, 2008 - Ad/Editorial Index (Page 45) Hotel & Motel Management - July 7, 2008 - Ad/Editorial Index (Page 46) Hotel & Motel Management - July 7, 2008 - Ad/Editorial Index (Page 47) Hotel & Motel Management - July 7, 2008 - Marketplace (Page 48) Hotel & Motel Management - July 7, 2008 - Classifieds (Page 49) Hotel & Motel Management - July 7, 2008 - Classifieds (Page 50) Hotel & Motel Management - July 7, 2008 - Classifieds (Page 51) Hotel & Motel Management - July 7, 2008 - Classifieds (Page 52) Hotel & Motel Management - July 7, 2008 - Classifieds (Page 53) Hotel & Motel Management - July 7, 2008 - Checking Out (Page 54) Hotel & Motel Management - July 7, 2008 - Checking Out (Page 55) Hotel & Motel Management - July 7, 2008 - Checking Out (Page 56)
For optimal viewing of this digital publication, please enable JavaScript and then refresh the page. If you would like to try to load the digital publication without using Flash Player detection, please click here.