Balance of POWER

McCrossan, Tina
July 2008
Hospitality Upgrade;Summer2008, p46
Trade Publication
The article discusses the significance of capital planning to hotels and hospitality industry in the U.S. For the industry to survive and stay competitive in the business, executives must employ capital planning for technology. Executives and owners should assess and evaluate what to actually fund and what they need , to be able to straighten up their priorities and set out the needed strategies. It reveals that revenue performance risk is creating an interesting brew of motivations and the relationship dynamics are changing and executives are postponing non-return on investment (ROI) projects and looking for tools to help stay on their numbers.


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