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Carol E. Farren receives the 2010/2011 NAPW Professional Woman of the Year.......more

Cut Operating
Costs at the Source
By Carol E. Farren

At many hospitality properties, one of the biggest management issues is cost control, particularly in the cost of financing. However, the industry may be missing out on a significant way to reduce costs – specifically, through the way that their buildings are designed.................more

Risk: A Moving Target
By Carol E. Farren

Back in the pre-September 11, 2001 era, an Israeli financial institution moved into a Midtown Manhattan office building. The other tenants watched in amazement as the Israelis turned their floor into a fortress – bulletproof glass, steel cladding on the walls, cameras everywhere, and armed guards. The Israelis’ concern was terrorism, and they considered that the measures they were taking were entirely reasonable................more