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For years, Google has been held up as the gold standard of corporate cultures. The California based tech giant encourages employees to be productive without overexerting themselves. Employees are made to feel like decision-making is a democratic process where transparency and an open-door policy is the rule. …


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CEOs often forget that their most essential commodity is not the product or service they sell, but their staff and team. Placing professional development as a priority in a business’s schematic is fundamental to long-term sustainability. Even more than that, leaders who work to enhance their own skillset are much more likely to boost morale and improve employee retention. Avi Goldstein, the CEO and founder of HotelRooms.com believes it is his job to embed professional development as a core value in his company’s culture.

A study published by Harvard Business Review sheds light on how CEO’s spend their time. It found that 25% of their time is spent on relationships, 25% on reviewing business functions, 16% on organization and culture, 21% on strategy, and only 3% on professional development. “This last number needs to be higher,” explains Avi Goldstein. “In order to keep employees engaged at work and motivated towards the company mission, at least 10% of the CEO’s time needs to be reserved for pumping up and improving the skills of the team.” …


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Every highly successful business has its own unique story. Some were positioned for greatness at the outset, backed by limitless capital and name brand notoriety. Others had to scratch and claw to even get off the ground. What unites them all — to secure that upper echelon of achievement — is that none can afford to play it safe. Risk taking is part of the game. And in doing so, decision makers can only put in the time, commit to the research, play to their strengths, and pray.

As the CEO and founder of HotelRooms.com, Avi Goldstein knows this journey well. Today, he is seen as a pioneer in the online travel industry, but there was a time when all he possessed was a domain name and a dream. Since that time, HotelRooms.com has prospered enormously due to its unique market position and now serves over thirty-thousand hotels globally. As an experienced entrepreneur, Avi Goldstein provides his best tips on how to stand out from the crowd. …


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It used to be that securing global partnerships was reserved for only the largest companies that had the financial resources available to build and evolve their brands over time in foreign markets. However, this is no longer the case, says Avi Goldstein, the Founder and CEO of HotelRooms.com and VIP travel platform Luxury Connections.

“The technology and platforms are there,” explains Goldstein. “It is only a matter of having the right product or service and then putting in the sweat equity to realize the worldwide potential.”

Avi Goldstein knows something about expanding a local business to a global scale. Goldstein launched his hotel room marketplace in June 2000, beginning with only a handful of hotels contacted by him personally. Today, the site features over thirty thousand hotels around the world. Goldstein’s experience showed him that it is now easier than ever for companies to sell their products or services globally. He adds, “Not only is it better for businesses to explore and connect to as many markets as possible — doing so is crucial.” He points out that if you don’t do it, your competitor will certainly be taking advantage. “Considering that companies all over the world can now just as easily target your own local customer base.” …


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In life, taking the initiative and not merely reacting to circumstances that may arise is generally good practice, but it applies even more-so in business. Making the first move can be the difference-maker in avoiding disaster. While no one can foresee every emerging development in the market or even know what is coming next, quickly and successfully dealing with the unexpected often comes down to decisive action. This proves even truer for startups and fledgling companies that need everything to go right at the outset to survive.

It is a timely lesson, to say the least, given the ongoing Covid-19 pandemic. Avi Goldstein, the Founder and CEO of HotelRooms.com, which serves over thirty thousand hotels around the world, many of which are affected from the virtual shutdown of global travel, is making tough proactive decisions on a daily basis. “In light of the tragic circumstances in the world, Goldstein explains, “I need to keep my company afloat and reassess my priorities and focus. I am responsible for the well-being of my customers, clients, and employees.” …


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The tourism industry is taking a big hit from the COVID-19 pandemic, as visitors to major tourism destinations dry up and more countries close their borders to foreign visitors.

While 2020 is shaping up to be a tough year for many inside and outside of tourism, HotelRooms.com founder and CEO Avi Goldstein is confident that 2021 will see people begin exploring the world again and usher in a return to growth for the industry, though major change is also imminent.

Goldstein, who launched the VIP travel service Luxury Connections in 2010, thinks that 2021 will be a great opportunity for luxury vacationers, with the industry likely to offer up incredible deals to try and entice people back to their resorts and hotels. …

About

Avi Goldstein — Founder & CEO of HotelRooms.com, & Luxury Connections. Forest Hills, New York.

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