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GLG News by Experts in the Leisure & Lodging Council

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June 23, 2008
Casual Dining Model Obsolete? www.nm.com
Analysis of: Casual chains pressed to cut portions, prices | www.nrn.com
Author: GLG Expert Contributor
The current market conditions have many industry experts discussing strategies that have been on the agenda in boardrooms for the past several years. Sector weakness in sales and profitibality have not been a secret but the real reasons for this erosion may have escaped most executives. Most...
June 20, 2008
Understanding Menu Price Sensitivities - Key to Profitability
Analysis of: Casual chains pressed to cut portions, prices | www.nrn.com
Author: GLG Expert Contributor
Most restaurant companies do not have the right information to make smart pricing decisions.  They need to understand the price sensitivity of every item on the menu. This involves using behavioral research more than the attitudinal research that most restaurant companies favor.
June 19, 2008
THE HOTEL INDUSTRY TRYING TO MAINTAIN THEIR MARKEY PLACE DURING DOWNTURN
Analysis of: Hotel CEOs Lament Softening Demand, Foresee Some Discounting | www.btnmag.com
Author: Ron Lodge, Former Senior Marketing Executive (former), Venetian Casino Resort Inc
Are there going to be more layoff's in the hotel industry? Will the major chains be able to weather this short fall? Where does this leave the smaller independents? Is there going to be a rainbow in the near future - how long will this last??
June 19, 2008
Chairman- Classic restaurant Concepts, Casual Dining operator -Former Board Member Applebee's
Analysis of: Casual chains pressed to cut portions, prices | www.nrn.com
Author: GLG Expert Contributor
Menu Engineering is key to casual dining success. Commodity costs - which were expected to stabilize this year - have increased because of the weather in the Heartland. Operators are now being faced with gas surcharges, especially those with fixed price contracts.Menu Engineering can be successfully...
June 19, 2008
"Right sized" portions are the right move for most chains
Analysis of: Casual chains pressed to cut portions, prices | www.nrn.com
Author: GLG Expert Contributor
- Food cost inflation will continue - Customer counts are declining - "Right sized" has different heath connotations
June 19, 2008
An interesting situation
Analysis of: FOR HOTEL DEALS SHOP AROUND - LA VEGAS | www.lasvegassun.com
Author: William Sherlock, Former President and CEO, Mashantucket Pequot Tribal Nation
The companies that have multiple properties in Las Vegas have an interesting dilemma
June 17, 2008
THE CASINO INDUSRTY IN LAS VEGAS DOING THEIR ALL TO KEEP THE TOURISTS COMING
Analysis of: FOR HOTEL DEALS SHOP AROUND - LA VEGAS | www.lasvegassun.com
Author: Ron Lodge, Former Senior Marketing Executive (former), Venetian Casino Resort Inc
The benefits to the Nevada casino industry to offer more incentives for both tourist and locals to return to past numbers is vital. The business downturn has taken a toll on all properties. The thought of sitting on their hands to see if business will return on it's own will not produce...
Chicke FitzgeraldJune 16, 2008
Who will win - the device manufacturers, the carriers or the applications providers?
Analysis of: T-Mobile invests $6m in deCarta's location based platform | www.thestandard.com
Author: Chicke Fitzgerald, Founder and Chief Executive Officer, LeisureLogix, LLC
Following Nokia's recent investment in Navteq and Apple's announcements last week about having full GPS on the iPhone, T-Mobile announced an investment in DeCarta, a leading provider of mapping tools and location based services. In the article, DeCarta CEO Kim Fennell states that he believes that Nokia...
June 9, 2008
It's not just supply and demand
Analysis of: Hotel CEOs Lament Softening Demand, Foresee Some Discounting | www.btnmag.com
Author: William Sherlock, Former President and CEO, Mashantucket Pequot Tribal Nation
The hospitality industry is and will be facing an increasingly tight market in which to operate
Chicke FitzgeraldJune 6, 2008
Impact of Airline Capacity Cuts on the Hospitality Industry
Analysis of: Hotel CEOs Lament Softening Demand, Foresee Some Discounting | www.btnmag.com
Author: Chicke Fitzgerald, Founder and Chief Executive Officer, LeisureLogix, LLC
All key metrics are still up (occupancy, demand, supply, average daily room rate), but what impact  will the economic downturn and reduction in airline supply have on the hospitality industry? Air travel represents less than 12% of all travel in the US today by Americans, yet all tools in the industry...

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