Thursday, September 06, 2007
top 10 hotel industry issues
"At the start of the Year, The International Society of Hospitality Consultants determined what would be the top 10 issues for the industry in 2007. They were, in order: labor and skills shortages; construction costs; technology; changing demographics and their impact on travel trends; future of hotel profits; branding; distribution revolution; travel restrictions; global emerging markets; and capital availability. Now that the year is halfway complete, let’s see how their predictions panned out. "
from http://www.hotel-online.com/News/PR2007_3rd/Sept07_HotelIssues.html
from http://www.hotel-online.com/News/PR2007_3rd/Sept07_HotelIssues.html
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I can't say this for every market but in Atlantic City the labor and skill shortage is already in poor standing. With three to five new casinos possibly starting up in the next five year I see a major problem with staffing them all. Across all existing casinos now finding guest room attendants is very difficult. Add another 5,000 plus rooms and your problems only get worse.
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