EHL · 3 Aug
Dr. Philippe Masset and Dr. Jean Philippe Weisskopf are both associate professors at EHL specializing in Empirical Finance and Wine Economics. They are founding members of the Alliance for Research on Wine & Hospitality Management and have written extensively on the subject. Here they share with us some useful tips on vital pre-learning material for any potential student of economics, equity, finance and management.
This article was originally published in French on Bilan. At a time of fairly steady recovery, depending on where you are in the world, companies mak
Ecole hôtelière de Lausanne (EHL) · 11 Jun
An analysis of how Covid-19 has affected the hotel market and the importance of adapting to new parameters in staffing, marketing and technology to a
Ecole hôtelière de Lausanne (EHL) · 28 May
How to guarantee sustainable success and high profitability? How to implement a predefined brand model to the business? How to understand the operato
EHL Blog · 12 May
A realistic, yet optimistic overview of how the hospitality industry and institutions will adapt, survive and re-emerge from the pandemic. Invaluable
Ecole hôtelière de Lausanne (EHL) · 29 Apr
The hospitality industry is anything but dull. Each year brings with it a bounty of exciting destinations, revolutionary new hotels and glamorous ren
Ecole hôtelière de Lausanne (EHL) · 22 Apr
"Cities in China are carefully easing strict prevention measures and access restrictions based on advancements in local public health conditions". Th
EHL · 20 Apr
Policymakers around the world have enforced an unprecedented shutdown of public life to slow down the spread of the coronavirus. As a consequence, entire sectors of the economy have seen their revenues collapse to zero. At the time of this publication, it appears that the shutdown will be a matter of months rather than just a few weeks. Yet, to date, no coherent political-economic strategy exists on how businesses may potentially survive a prolonged period without any revenues. Many hospitality and retail businesses are about to be sacrificed in the name of public health.
EHL · 15 Apr
Real estate assets are traditionally valued manually, wherein computer tools are used in a supportive role. However, more sophisticated, machine learning-based valuations have gained traction in recent years. As the coronavirus crisis has posed serious challenges to the valuation community, in this article I assess the role of machines in asset valuation during such crises.
During the COVID-19 crisis, many hotels will unfortunately have to stop their operations and close temporarily. This can be out of necessity if your
The sudden outbreak of Covid-19 (unofficially called Coronavirus) crisis swept through Chinese Lunar New Year like a hurricane, adding a layer of pan
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.
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
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.
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:
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
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
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
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."
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
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
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.
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.
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.
While hotels have long used traditional management accounting practices, their use of contemporary strategic management accounting (SMA) techniques h
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.