Archive | August, 2012

Is It a Good Business Strategy to Offer Phone-Free Discount?

A restaurant is offering 5% discount to customers who leave their cellphones at the door during the meal. The restaurant owner wants his customers to enjoy the dining experience and food without getting distracted by their cellphones, according to this Fox News video. Is this phone-free strategy well received and working? It works very well for […]

Continue Reading

Digging the “Gold Mine” of China: Now Is the Time

Frits van Paasschen, the President and CEO of Starwood, talked about the outlook of lodging industry in an interview with CNBC, such as business demands, spending trends, and highlights of several geographic locations. China, of course, was mentioned several times. Last summer, I shared with you that Starwood was opening a new hotel in China every other […]

Continue Reading