Skip to main content

How Would You Like a Cheaper Room with Prepaid and Non-refundable Restrictions?

If you traveled to Canton during the Canton Fairs in the 80s and 90s, you are probably very familiar with the prepaid, non-refundable restrictions on hotel rooms. That was the time when hotels tripled its rack rate and required non-refundable deposit for all reservations because of high demands.

USA Today reported more hotels are now selling prepaid, non-refundable rooms with bigger discount in the U.S. due to the recession. More and more customers choose to pay in advance for a cheaper room. This alternative works well for those who plan ahead. Hoteliers just need to clearly state the “prepaid and non-refundable” restrictions to guests upon reservations. Then, guests can choose higher price with fewer restrictions or lower price with more restrictions. I don’t mind paying in advance for a cheaper room if (a) I am certain of my travel plan, (b) I don’t own any debts to credit card companies, and (c) the money I can save exceeds the opportunity cost of my deposit. We often pre-pay for our airline tickets anyway. Why can’t we pre-pay for our hotel stays?

References:
USA Today: http://tinyurl.com/linchikwok02232010
Picture was copied from http://tinyurl.com/linchikwok02232010p (Picture shows part of the Convention Center in Canton, China, the second largest convention center in the world).

Comments

Popular posts from this blog

Is It OK for Hotel Staff to Wear Piercings and Tattoos?

Time has changed. I see more and more college students wearing piercings and tattoos nowadays, but is it OK for hotel staff to wear piercings and tattoos? The answer is “no, no, no.” According a report at USAToday.com, customers across the board do not want to see any hotel workers with pierced eyebrow, pierced tongue, tattooed arm, or nose ring. Some may argue that tattooed and pierced workers may seem more acceptable in edgy boutique hotels as compared to the big franchised hotels, but the survey results did not find any differences among a variety of lodging products. Many respondents believe people who wear visible tattoos and piercings are taking a high risk of their professional lives. If you stay in a hotel, do you mind being served by tattooed and/or pierced staff? What if you are the one who makes the hiring decision? References: USAToday.com: http://tinyurl.com/linchikwok08042010 Picture was downloaded from http://tinyurl.com/linchikwok08042010P

Where Coffee Meets Culture: My Experience with Orientation, Socialization, and Culture at Dutch Bros (by Karina Martinez)

When people think of Dutch Bros, they usually picture colorful drinks, loud music, free stickers, and baristas so friendly they’ll jump in the car with you.  As someone who has had the opportunity to work for Dutch Bros, I can say that the energy customers feel isn’t an act; it is the result of intentional and effective HR practices that are focused on orientation, socialization, and culture. From your very first day, you experience how these practices shape the entire Dutch experience.  Orientation, Socialization, Culture   In HR management, orientation is the introduction of the role and company to new hires. This is intended to help them feel welcomed and informed. Socialization goes beyond the initial training process; it’s how new hires grasp the organization’s values, behaviors, and traditions over time. Together, these fun...

Average/Below-Average Looking People Can Earn as Much as the Attractive Ones

Research has shown that attractive people can not only charm interviewers (and thus get hired easier), they are also more likely to earn more as compared to those with average or below-average looks. Accordingly to a Wall Street Journal report , attractive people can earn 3% - 4% more than a person with below-average look. If such difference adds up over a person’s lifetime, an attractive person can earn up to $230,000 more than an ugly worker; even an average-looking person can make $140,000 more. Another relevant Wall Street Journal report also suggests that workers who exercise regularly can earn 9% more than those who do not. If that is the fact (I believe it is), is it legal? Can employers do that? Linchi Kwok and Otto @SyracuseU Career Fair To my knowledge, no law or regulation under EEOC (Equal Employment Opportunity Commission) considers a person’s look as a protective class. It is true that people in general have an idea of what kind of person they feel attract...