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5 Ways To Optimize Hospitality Operations In A Time Of Travel Recovery

Forbes Leadership

Here are five strategies that can allow hotels to do more with less, operate more efficiently and set the course for new, data-driven best practices.

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Building Your Hybrid Workplace Toolkit, Day 1: Make a Travel Kit

Association Now Workplace

Today’s tip: Make yourself a travel kit. How to Make a Travel Kit for Hybrid Work. Schedule your in-office days consecutively to spare yourself the unpacking and repacking, suggested Connie Bruce , CAE, director of operations and member services for the Virginia Council of CEOs. Why You Should Make Yourself a Travel Kit.

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Six Lessons From Summer Travel All CEOs Should Pay Attention To Now

Chief Executive

But, in my experience traveling this summer, the hospitality industry is missing far more than just employees, something far more core—something we all need to be wary of losing, as well: Heart. Some were independent operators. Hotels became merely transactional sleeping operations. I stayed in high-end and low-end hotels.

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Good Judgment Is a Competitive Advantage in the Age of AI

Harvard Business Review

But as we travel these technological leaps forward, there’s still a fundamental, longstanding capability every organization will need to realize AI’s true potential: judgment. He argued that judgment will be the real competitive advantage for organizations as AI systems rise to new common operating standard.

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Moving Beyond Company Organization Silos: Lessons from the Aviation Industry

Michael McKinney

Between surging demand, labor shortages, outdated air traffic management, and travel reservation I.T. systems, air travel feels a bit more like a chore than like a treat. The biggest challenge for companies when it comes to operational excellence is siloed behavior. In the U.S., This issue can become a major performance barrier.

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Deploying AI Requires Understanding What’s Both Possible and Practical

Michael McKinney

T HE vast majority of today’s business leaders are either embarking on AI deployment to improve their operations or are considering it. Some 54 percent of organizations say AI has been cost-effective for their business operations. I learned this principle when helping clients brainstorm how best to leverage AI within their operations.

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Looking For Growth? First, Define Your Market

Chief Executive

So, to reiterate, a $1-billion-plus total addressable market (TAM) is important because you need a high enough ceiling in a marketplace to operate. I have seen this time and time again, from shopping marketplaces to travel. The following is an example that better illustrate the point from an operator’s perspective.