ON THE WEB
HOTELSMAG . COM
THE NEWS
LVMH ' S ' RACY ' PLAY FOR BELMOND
hotelsm . ag / LVMHBelmond Most insiders agree French luxury giant LVMH Moët Hennessy Louis Vuitton SE is a great suitor for the luxury Belmond hotel portfolio . What LVMH will do with its US $ 3.2 billion acquisition , including debt , is generating some debate , however . It ’ s viewed as a timely play as consumers move more toward experiential holidays , and widely believed that LVMH is just the company to infuse its highly regarded DNA into the former Orient-Express Hotels . Iconic assets that include The Copacabana Palace in Rio de Janerio , The Cipriani in Venice and Manhattan ’ s venerable 21 Club might be timeless , but others in the portfolio have been called “ a little dusty .”
THE ANALYSIS
6 STEPS FOR REVENUE MANAGEMENT
hotelsm . ag / RevMan6 Be you a small boutique property or a large resort , these six easy steps from HOTELS Trevor Stuart-Hill will help you implement an effective revenue strategy . While there are many ways to tackle RM , Stuart-Hill shares a model that has helped him greatly in his career as both a practitioner and consultant . The best way to conceptualize this model ? Imagine a spiral staircase .
THE TALK
MARRIOTT ’ S BREACH FALLOUT
hotelsm . ag / Marriottbreach In one of the largest data breaches in history , and certainly the largest in the hotel industry , Marriott International disclosed in December that data on roughly 500 million customers staying at Starwood hotel properties since 2014 had been compromised in a systemwide breach . The news prompts multiple questions : Was there any indication of the breach during Marriott ' s due diligence , before the Starwood deal was finalized ? Why did it take four years to uncover a breach of this magnitude ? Will it have any effect on the combined loyalty program , which will be formally unveiled next year ? HOTELS is following the story .
4 hotelsmag . com January / February 2019