Hotel company Accor has embarked on a twin strategy to boost flagging performance by 1) cutting €100m in costs to counter poor market conditions in southern Europe and 2) accelerating new openings in more vibrant markets, especially Asia. Accor says it will also drive more bookings online line and sell direct (bypassing travel agency commissions) wherever possible. See stories in Financial Times and Travolution.
No Vacancy Changes It Up
- Sydney, October 24 &25 -
Just as times change, so must businesses or they get left behind.
You've probably heard speakers talking about such things at No Vacancy or other conferences in the past.
Well, you've got to practice what you preach otherwise you're Jimmy Swaggart.
Get set for some huge changes to No Vacancy.
Stayed tuned for an announcement next week.
PS: To be kept abreast of the latest developments, please register here.