Editorial Board   

Mr. Narasimhan

S. Lakshmi Narasimhan

Founder, Ignite Insight LLC

S Lakshmi Narasimhan is the Founder of Ignite Insight LLC a New York City based consultancy, which specializes in Group Executive Training, Coaching and Consulting. Mr. Narasimhan  teaches Financial Management related courses during Spring and Fall semesters as Adjunct Assistant Professor at the New York University, Jonathan M Tisch Center for Hospitality.

Prior to founding his company, Mr. Narasimhan was the Vice President Finance of an award-winning Hong Kong headquartered luxury hotel chain - Shangri-La Hotels & Resorts. He has more than 25 years of experience in the hospitality industry (14 of them in a senior corporate level) and has held diverse portfolios from a hotel Financial Controller to a group level Human Resources position, head of Corporate Internal Audit and head of Corporate Financial Systems. His career is epitomized by new and challenging roles.

Mr. Narasimhan  has designed and developed a series of 2-Day Finance Courses titled "Optimizing Hotel Profits" for non-financial managers in the hospitality industry, which he delivers personally. The unique aspects of the course presentations are jargon free, simplified financial concepts, use of visual teaching methods through color, shapes and movement to reinforce and cement learning, practical exercises in budgeting and financial analysis and many more. Read testimonials about his courses.  His online academy Profits Master Class offers courses that are self-paced, easy to understand in an inter-active, blended learning environment.

Mr. Narasimhan's special interest is in the gamification of instruction. He has developed a complete card game (with a 75-page Player Manual) which teaches the principles of revenue yield management and related topics with all the benefits of a game environment. The game makes you the Revenue Manager of a fictitious hotel allowing you to take all the decisions that a typical Revenue Manager of a hotel takes to optimize revenue yield. He also blogs about hotel, restaurant revenue management and profitability.

Mr. Narasimhan published his first book: Discover the Genius in the Mirror - You are an Einstein waiting to be discovered - an exercise book on how to discover your own genius through introspection. It is available on www.amazon.com and www.barnesandnoble.com both in print as well Kindle/Nook formats. His free monthly newsletter Voyages of Discovery is dedicated to empowering individuals discover the genius in them.

Please visit http://www.ignite-insight.biz for more information.

Linkedin Profile: www.linkedin.com/in/slakshminarasimhan/

Mr. Narasimhan can be contacted at +1 201-253-5000 or narasimhan@ignite-insight.biz

Coming up in November 2020...

Hotel Design: Home Away From Home

With the rise of the sharing economy and the peer-to-peer marketplace for lodging options, hoteliers are re-thinking the look, feel and appeal of their locations. There is an emphasis on re-creating a feeling of homeyness - a comfortable, cozy and inviting space that feels like home. 'This is accomplished through the careful selection of furniture design, paint colors, lighting design, artwork, bathroom fixtures and textile accessories. In addition, some hotels are providing their guests with upscale amenities, such as a book and movie library, home-style kitchenettes, a coffee machine with locally-sourced beans and tea, or even a batch of fresh-baked cookies. Similarly, there is a growing design trend based on the concept of place-making. Travelers are searching for experiences that are unique and authentic to the locale in which they find themselves, and so hotel designers are integrating a sense of place into their work. This is partially achieved by incorporating traditional artisanal crafts and other local artwork into hotel rooms and communal spaces. Another design trend includes the creation of full-service, co-working environments within the hotel. Guests don't like to stay alone in their room when they need to work, so now they can go downstairs to the lobby-or up to the roof-to work among others. These areas encourage guests - and non-guests alike - to stay as long as they like and to partake of hotel amenities. Finally, recognizing the importance of the Wellness Movement, some designers are exploring how room design can increase the likelihood of deep and restorative sleep. Creating dark and quiet spaces, blocking excessive light, providing guests with a selection of different kinds of pillows, and the ability to control room temperature, are a few of the best practices in this area. These are some of the architecture and design topics that will be covered in the November issue of the Hotel Business Review.