$50 Million invested by Marriott, InterContinental Hotels Group, Hilton, and Accor collectively in Group360

Hotels are making yet another attempt to modernize the booking process while still maintaining a high amount of control over it. Just last week, major hotel chains  Marriott, InterContinental Hotels Group, Hilton, and Accor collectively invested $50 million in a small company called Groups360, a platform which helps match meeting planners with venues. The investment is relatively large, meaning the hotels … Continue reading $50 Million invested by Marriott, InterContinental Hotels Group, Hilton, and Accor collectively in Group360

The objectives of Food and Beverage control

The objectives of a food and beverage control system may be summarised as follows: ● Analysis of income and expenditure : The analysis is solely concerned with the income and expenditure related to food and beverage operations. The revenue analysis is usually by each selling outlet, of such aspects as the volume of food and … Continue reading The objectives of Food and Beverage control

‘Mission’ as a corporate term

In corporate sector, what does the term "mission" actually means? How does it differ from "Goal"? Let's see in this article. Defining the Corporate Mission An organisation exists to accomplish something: to make cars, lend money, provide a night’s lodging, and so on. Its specific purpose of the company to exist. What is our business? … Continue reading ‘Mission’ as a corporate term