Being prepared for oncoming challenges is certainly important. But it's also essential to be ready for future opportunities. After focusing so heavily on navigating through the economic downturn of 2009, how can organizations shift gears to begin capitalizing on the impending recovery?

Join a panel of industry experts as they discuss how hotels and casinos can prepare for the economic recovery, including how to take advantage of current economic trends and manage future investment and pricing strategies.

Key Topics

  • Lessons learned during the downturn.
  • How business has changed as a result of the downturn.
  • What hotels and casinos can do, and are doing, to prepare.
  • When and where to expect the recovery.


You'll also hear directly from leading global organizations such as Hyatt, Harrah's, Norwegian Cruise Line and Bamboo Revenue regarding their preparation for the economic recovery.

Plus, Sherri Kimes, PhD, Cornell Professor and highly-respected authority in hotel revenue management, will join us from Singapore to present her perspective on how the financial crisis has affected Asia, and how the region is preparing for recovery.

Featured speakers


Sheryl Kimes

Sherri Kimes, PhD

Singapore Tourism Board Distinguished Professor in Asian Hospitality Management

Sherri Kimes is a professor of operations management at the School of Hotel Administration. Named the school's graduate teacher of the year three times, Kimes teaches restaurant revenue management, yield management and food and beverage management. Her research interests include revenue management and forecasting in the restaurant, hotel and golf industries. She has published over 50 articles in leading journals and has served as a consultant to many hospitality enterprises around the world. Kimes earned her doctorate in Operations Management in 1987 from the University of Texas at Austin.


Bill Carroll

Bill Carroll, PhD

Senior Lecturer
Cornell School of Hotel Administration

Bill Carroll teaches courses in economics, yield management, pricing and marketing distribution. He is also CEO of Marketing Economics, a consulting firm specializing in travel industry pricing, distribution, yield management and strategic planning.

For more than 25 years, Carroll held a variety of senior positions in the travel industry. He has written numerous articles on economics and travel industry topics. Carroll holds a BA degree in economics from Rutgers, an MS in labor studies from the University of Massachusetts, and a PhD in economics from Penn State.


Ravi Mehrotra

Ravi Mehrotra, PhD

President and Founder
IDeaS

Before co-founding IDeaS in 1989, Ravi Mehrotra, PhD, taught electrical and computer engineering at North Carolina State University and held engineering roles at Texas Instruments and Anderson Consulting. While an Assistant Professor at NCSU, he invented new models for parallel computing, designed and analyzed algorithms for distributed processing, and reviewed proposals for key government scientific agencies.

The holder and co-author of more than one dozen patents, Mehrotra graduated from the Indian Institute of Technology and earned his PhD in electrical and computer engineering from Carnegie Mellon University.


Jan deRoos

Jan deRoos, PhD

HVS International Professor of Hotel Finance and Real Estate
Cornell School of Hotel Administration

Professor Jan A. deRoos has devoted his career to hospitality real estate, focusing on the valuation, financing, development and operation of lodging, time-share, and restaurant assets. His areas of teaching expertise span the entire range of hospitality real estate topics.

He has developed two software tools to support the feasibility analysis of hospitality property and recently co-authored the fourth edition of The Negotiation and Administration of Hotel Management Contracts. He holds BS, MS and PhD degrees from Cornell University, all in hotel administration.


Philip Schaetz

Philip Schaetz

Vice President Revenue Management, International Operations
Hyatt Hotels & Resorts

Philip Schaetz oversees pricing and revenue management for Hyatt's hotels outside of North America, as well as the Park Hyatt and Andaz brands globally. Previously, Schaetz served as Director of Pricing and Distribution for Asia Pacific, where he was responsible for pricing, distribution and revenue management.

In 1998 Schaetz played an integral role in the opening of Hyatt's first central reservation center outside North America in Mainz, Germany, where he spearheaded revenue management for Central Europe. He is a graduate of the University of Nevada, Las Vegas.


 

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