Tips on starting a small hotel
Though kick-starting a small hotel or villa is a daunting task in the wake of the global economic downturn which has depressed expectations in the tourism industry, stakeholders argue that the sector is still viable. Craft a solid business plan, have strong financial support...

Keeping a tight budget during a financial crisis
Maintaining a tight budget while keeping clientele numbers sufficiently high during a financial crisis is an important balancing act for hotel operators. But how are individuals who own a small hotel or villa able to keep a tight budget, and still keep their clientele...

More togetherness for Bill and Melinda Gates
Since Bill Gates left his full-time job at Microsoft Corp, his wife sees much more of him during the day - but not because he's at home. They work in adjoining offices running the world's biggest philanthropic organisation, the Bill and Melinda Gates Foundation...

Honda cuts managers' pay to cope with slow sales
Honda Motor Company said Monday managers' salaries would be slashed five per cent starting next month, to cope with sliding sales.The cut comes on top of the 10 per cent pay reduction for directors announced last month. The move affects about 4,800...