Protecting Online Reputation In The Hospitality Industry

When you think about the hospitality industry, then you will come to find there is more of an importance on reputation and your online presence than almost any other factor. When you consider the fact that people all over are able to quickly Google your business and instantly see what it is that you offer, there is a tremendous amount of business on the line. Thinking about the specifics as outlined by a resource like Hospitality Net will show you just how important your online presence and reputation is.
Think about the times that you have gone on vacation, looked for a restaurant, or even just tried to find some general entertainment and fun. The truth according to is when you are looking for a place to go in order to get away and enjoy the modern conveniences, you have to be able to rely on someone else point of view and experiences. Whether this is due to the actual word of mouth or the reviews and ratings online, more and more people in the hospitality sector are seeing their business grow or be crushed when it comes to their online presence.

Another thing to consider about reputation is that it can be both positive or negative, and while having no presence at all isn’t as bad as having a bad reputation, it does mean you are more risky than others. People don’t want to be the guinea pigs and wind up having a terrible experience. That’s exactly why you need to continue working on improving your online presence and not only finding ways to have stronger reviews and information about your organization, but you also need to figure out some of the very best ways to get rid of negative reputations and be sure they are covered up.

At the end of the day, when you have the reviews you want you not only show others how strong of an option you are but you also are able to use that very information to make your organization better moving forward. From marketing to coaching and operational improvement, having the chance to control your online reputation and truly take hold of it will move the company forward.


Dick Devos: Entrepreneur, Businessman, Political Aspirant, Lobbyist, Advocate, Philanthropist, Author, Husband, Father…Superman?

Dick DeVos is an entrepreneur and the oldest son of Richard DeVos, Sr., one of the founders of the Amway Corporation. The Amway Corporation is a network sales company which uses a multi-level marketing model to sell and distribute its products through dealers who are compensated for sales they generate, as well as for the sales of the other salespeople they are responsible for recruiting.

DeVos is married to Elizabeth (Betsie) Prince, daughter of Edgar Prince, the owner of the Prince Corporation of Holland, Michigan. They have four children: Rick, Elissa, Andrea and Ryan.

He graduated from Northwood University, where he earned a bachelor’s degree in business administration and a distinguished alumni recognition along with an honorary degree. He also received honorary doctorate degrees from Grove City College, Central Michigan University, and attended the Harvard Business School and the Wharton School’s Executive Study Programs.

Dick DeVos held a diversity of positions, with different levels of responsibility, within a multitude of the company’s operating departments, since becoming involved in Amway Corporation in 1974. By 1984, he had been promoted to vice president of the company’s operations in 18 countries, a feat which allowed him to gain experience in areas and fields outside of the family owned establishment. In 1989, he started a new business venture, leaving the his family’s firm in the process. His new entrepreneurial endeavor, named The Windquest Group, is an investment management firm whose diversified projects currently include technology, manufacturing, clean-tech and nonprofit solutions.

In 1991, his father appointed him as the manager of the National Basket Association’s Orlando Magic Basketball franchise, which was the DeVos family’s latest acquisition. Two years later he returned to Amway Corporation to succeed his father as the company’s president, and oversaw its restructuring in the year 2000. By 2002, he had decided to devote his full time to the Windquest Group and to political causes.

He officially entered politics in 2006 when he ran for governor for the state of Michigan as a Republican. He, however, lost the election to the Democrat Jennifer Granholm, by a margin of 14 points.

HIs philanthropic activities include the Dick and Betsy DeVos Foundation, which donates thousands of dollars to entities such as Kids Hope USA; the West Michigan Aviation Academy; and Mars Hill Bible Church. In the arts, the foundation has supported ArtPrize, an art competition in Michigan. In 2008, the The Dick & Betsy DeVos Scholarship was established. It is intended to support MA, MS, or MBA students, particularly those from developing nations, entering at the Thunderbird School of Global Management.

George Soros Leads The World Investors In Betting On Gold

George Soros has led major international investors in buying gold after he predicted challenging times ahead in the global economy.

Through his hedge fund Soros Fund Management, Soros disclosed publicly that the fund had reduced stock holdings by 37% to $3.5 billion by the end of March. Soros Fund Management disclosed to have owned bearish options that included $431 million from Standard & Poor’s 500 Index represented by the purchase of 2.1 million shares.

Soros has made a similar bearish investment in the biggest producer of gold, Barrick Gold Corp., through buying 1.7 percent shareholding of Barrick worth $264 million at the end of March. Read more: U.S. Money Reserve Wins At 2016 Telly Awards

It is not only Soros who is buying gold in fear of the future of the global economy, his chief strategist and billionaire investor Stan Druckenmiller, has also gone bullish on gold buying large amounts and saying the current economy is an “absurd notion of negative interest rates.”

The shares of US Money Reserve have also risen to double the price as the miner implements cost-cutting efforts and reducing debt.

Once again it looks like the bet by Soros was well calculated and he is again about to win the rise in the price of gold. The rush to buy gold has been practiced by many investors who fear the world economy could decline and result in negative interest rates.

The fact is that the global economy is affected by the state of the world institutions and the stability of the governments that regulates the paper currency. Learn more about US Money Reserve:

Since the paper currency like the dollar is dependent on the stability of the U.S. government and how US Money Reserve can control the inflation and growth of the economy, many investors feel paper currency is not the best way to safeguard their wealth.

On the other hand, gold is much more stable because its value and prices are mainly affected by scarcity and demand of gold across the world. The trend has favored gold because many individuals are buying gold from agencies such as U.S. Money Reserve.

Also, Eastern nations such as Russia, China, Poland, Ukraine, and Saudi Arabia are substituting the U.S. dollar with gold as the reserve currency.