Nick Nikolis

Risk management is the analysis of risk coupled with the implementation of quality risk controls. Risk management is needed for banks and financial institutions, mainly because it insures a margin of safety that guarantees a levered financial firm's solvency. The unpredictability and inherent risks associated with the financial markets makes it...

Today's customer relies on the ability to enjoy their hotel stay beyond any freebee or rewards offered. The modern hotel is one that can build a relationship with their customers with a personalized stay - a stay that customers want to come back to again and again. But how does...

Nowadays, any economical instability in the market of investments may threaten the financial lives of millions of employees, businessmen and tax payers. The current global financial crisis, the whole world in enduring, has caused numerous financial setbacks to many businesses that were forced to start economizing and cutting back on...

Starting any business is always a major undertaking. Yet, if the skills, knowledge, desire and determination is there, most people can realize a lifelong dream. Thinking about starting your own home business? What type are you anticipating? One of the most profitable home businesses has been in the travel field. People...

As a person who guides or directs others in the hotel management field, it is important to understand what leadership requires and what some of the different styles of leadership are. If you can understand what kind of leadership style you have, it will become easier to take on the...

Regardless of other responsibilities, and you have plenty, the management of employees in a hotel setting is the most crucial and the most difficult. Knowing how to care for your employee leads to excellent care of customers, and these hotel management tips for general managers will help to steer you...

For many writers finding great article ideas is the hardest part of the job. Most writers all wonder at some point how to get ideas for writing articles. We watch other writers pump out one article right after another and wonder how they do it. They know where to look!...

The importance of the leadership qualities of managers in the hospitality industry today can't be overestimated. The recent economic downturn has made hotel accommodations a luxury item with many travelers and its leadership that will bring guests to the door. Managers who exhibit good leadership qualities can make or break...

The hotel business is one of the most cut throat and competitive businesses in the world. Usually the human resources manager has his or her hands full all the time because of employee complaints and a very high turnover rate. However, there are a few human resources management tips for...

Hospitality has long been synonymous with the hotel industry. Any changes in trends of hotel business have wide scale implications on an otherwise diverse industry. What might be an opportunity for a traveler can be a matter of survival for hotels? It will not be an oversimplification to suggest that...