20/20 – Aiming for a Perfect Vision of the Hotel Industry
20/20 – Aiming for a Perfect Vision of the Hotel Industry — By Demian Hodari

EHL · 11 Feb

Welcome to the first in a series of panel discussions about the world of hotel real estate investment, development and management. With the help of over 20 dedicated owners/investors, asset managers, developers, general managers and consultants, we will explore a host of questions about the hotel industry in 2020.

How to Start Your Food Business: an 8-step Guide
How to Start Your Food Business: an 8-step Guide

EHL · 13 Dec

Not sure how to start your food business? Find out what to consider, and how to make it happen with our practical 8-step guide. Are you an aspiring r

LVMH / Tiffany - Diamonds Are Forever!
LVMH / Tiffany - Diamonds Are Forever! — By Stéphane Haddad

EHL · 3 Dec

LVMH is to acquire Tiffany & Co. for $135 per share, in a transaction which will value the entire equity at $16.2 billion. Including net financial liabilities of $0.7 billion, this leads to an implied enterprise value of $16.9 billion for Tiffany, making this the largest acquisition ever made by LVMH.

Hotel Brands: Who Owns What
Hotel Brands: Who Owns What

Ecole hôtelière de Lausanne (EHL) · 25 Nov

#1. Marriott International Inc. Brands Marriott International - Overview Properties: 6,906 Rooms: 1.32 million Number of Countries: 130 Revenue 2018:

Restaurant Management: The 7 elements of a Business Plan
Restaurant Management: The 7 elements of a Business Plan

EHL Blog · 5 Nov

Unless you are self-funding your food business, you will need to find investors. To woo investors, you will need a business plan that outlines the es

Redefining The Value Chain in Tourism: Lessons from Thomas Cook
Redefining The Value Chain in Tourism: Lessons from Thomas Cook

Ecole hôtelière de Lausanne (EHL) · 24 Oct

Thomas Cook: An Industry Perspective On September 23rd, 2019, Thomas Cook - one of the world's oldest travel companies - declared bankruptcy. The 178

From Fintech to Hospitality: A Look at Singapore’s Innovation Labs
From Fintech to Hospitality: A Look at Singapore’s Innovation Labs

EHL · 16 Oct

They vary in their method of funding, time span horizon, level of formality and freedom versus employer ties. Some address market gaps or seek to sol

Hotel Real Estate: How Brands are Re-Imagining Hotel Lobbies
Hotel Real Estate: How Brands are Re-Imagining Hotel Lobbies — By Remy Rein, Sebastian Smith, Jason Marin

EHL · 12 Sep

Several reports show the astonishing growth in self workers, contract freelancers and consultants, according to Statista, 10.3% of the working age population is involved in entrepreneurial activities. Alongside this, project task forces are becoming more and more common, and companies are starting to become more agile in their operations, ING's agile transformation started with the 3,500 staff members at group headquarters, Bart Schlatmann: former chief operating officer of ING Netherlands said, "we invested in tearing down walls in buildings to create more open spaces and to allow more informal interaction between employees. We have a very small number of formal meetings; most are informal. The whole atmosphere of the organization is much more that of a tech campus than an old-style traditional bank where people were locked away behind closed doors."

Global Expansion for Hotel Brands - Wyndham Hotels and Resorts
Global Expansion for Hotel Brands - Wyndham Hotels and Resorts

Ecole hôtelière de Lausanne (EHL) · 14 Jul

In an increasingly globalized world where travel has become faster, cheaper, and more convenient, the hospitality industry has been thriving with tra

Cultivating Collaboration in Hotels
Cultivating Collaboration in Hotels

Ecole hôtelière de Lausanne (EHL) · 28 May

We cherish and nurture the uniqueness of all our talents, tailor opportunities to their needs, and encourage leadership through empathy and collabora

2019 Swiss Hospitality Market News
2019 Swiss Hospitality Market News

Ecole hôtelière de Lausanne (EHL) · 11 Feb

As Swiss hotels gear up for 2019, here is roundup from CNNmoney Switzerland on some of the most important trends of the Swiss hospitality market.

Agree to Agree: Aligning Hotel Owners’ and Operators’ Goals
Agree to Agree: Aligning Hotel Owners’ and Operators’ Goals — By Michael Sturman, Demian Hodari, Michael J. Turner

EHL · 3 Dec

Hotel owners increasingly rely on hotel management companies to operate their hotels through formalized hotel management agreements (HMA). Separating ownership and operations supposedly benefits both parties: owners are able to invest in hotel real estate and access the professional operating expertise of hotel management companies, while operators can generate important income streams, expand any brands they may have, and earn profits, all without having to invest in the underlying real estate.

How Important is Strategic Management Accounting to Hotel Managers?
How Important is Strategic Management Accounting to Hotel Managers? — By Demian Hodari, Michael J. Turner

EHL · 3 Dec

While hotels have long used traditional management accounting practices, their use of contemporary strategic management accounting (SMA) techniques has not been as widespread. As researchers, this intrigued us because studies conducted outside the hotel industry had found that the relationship between firm strategy and firm performance was significantly enhanced through the use of SMA techniques.

Strategic Management Accounting: How Important is it to Hotel Managers?

Ecole hôtelière de Lausanne (EHL) · 3 Dec

While hotels have long used traditional management accounting practices, their use of contemporary strategic management accounting (SMA) techniques h

How Involved are Hotel Owners in Property-Level Decisions?
How Involved are Hotel Owners in Property-Level Decisions? — By Michael Sturman, Demian Hodari, Michael J. Turner

EHL · 7 Nov

Hotel owners increasingly contract hotel management companies to operate their properties. While extensive research has examined management agreements to determine the balance of power between owners and management companies, little research has investigated the actual role that hotel owners play in property-level decision making. This is perplexing because management companies generally insist that hotel management agreements (HMAs) specifically stipulate that the owner should not seek to influence the hotel's general manager (GM). In other words, in exchange for their services, management companies have generally required owners to relinquish involvement in the hotel's day-to-day business. However, hotel owners are increasingly sophisticated and institutional, suggesting they may not be content to remain uninvolved as individual or single-property owners had previously done.

From a hotelier to a banker

EHL Blog · 13 Sep

It may sound absurd to you if a hospitality student wants to work for banks such as UBS? However, it is feasible and indeed happened in the past.

REPORT: Independent Restaurateurs and Training, What is The Solution

Ecole hôtelière de Lausanne (EHL) · 17 Aug

Independent restaurateurs are driven by passion, an honorable motivator, but not the best when it comes to managing their assets and adapting their b

EHL becomes a new focal point for finance
EHL becomes a new focal point for finance

EHL · 12 Jul

The second annual conference on private markets took place on July 5th and 6th at EHL and brought together some 100 practitioners and academics. In p

Carbon Accounting is not an Easy Road - but it’s Worth it
Carbon Accounting is not an Easy Road - but it’s Worth it — By Tiphaine Jérôme, Delphine Gibassier

EHL · 9 Jul

Environmental performance accounting systems have become key in corporate social responsibility (CSR) strategies and are the focus of attention in international business conferences. From the integrated reporting initiative led by the International Integrated Reporting Council to the Environmental P&L published by Kering in 2016, from the 'True Value' accounting methodology published by KMPG in 2014 to the Natural Capital Coalition standard released in 2016, the world is full of environmental accounting initiatives. On paper, setting up an environmental accounting program is attractive because it allows companies to account for their environmental performance - but is it that simple?

GDPR: Why Hoteliers Should Take the new EU Regulations Very Seriously
GDPR: Why Hoteliers Should Take the new EU Regulations Very Seriously — By Stuart Pallister

EHL · 31 May

New , founder of tech firm Apaleo, said GDPR wasn't taken seriously enough, as had happened with Payment Card Industry (PCI) compliance. "This is a new topic for the industry and very few people understand what it means. There are big risks with that, but the earlier people take it seriously, the better. And I don't see too many hotel groups and hotels which are really taking it very seriously at this point"

GDPR: Why Hoteliers Should Take the new EU Regulations Very Seriously
GDPR: Why Hoteliers Should Take the new EU Regulations Very Seriously

Ecole hôtelière de Lausanne (EHL) · 29 May

New EU rules on data protection - or GDPR - , seven years in the making, come/came into effect on May 25. The advice from IT experts to hoteliers is:

Corporate Governance: Why Independent Audit Committees Matter
Corporate Governance: Why Independent Audit Committees Matter — By Cédric Poretti

EHL · 15 May

Corporate governance has been a hot topic for many years in the US and Europe as corporations, whether in finance or the hospitality industry, grapple with their supervisory structures.

Brand Building: a More Cost-Effective Way to Raise Your Company’s Profile?
Brand Building: a More Cost-Effective Way to Raise Your Company’s Profile? — By Stuart Pallister

EHL · 26 Mar

When Arnaud Bertrand and Junjun Chen finished their studies at Ecole hôteliere de Lausanne in 2008 they went on to set up HouseTrip, an alternative accommodation start-up which would compete head-to-head with Airbnb and other online travel agencies.