InterContinental Hotels Group Research Articles

InterContinental Hotels Group finds merit in pay‐review reforms

InterContinental Hotels Group finds merit in pay‐review reforms

ONE ON ONE An Interview With Joseph A. Yacura

Joseph A. Yacura is chief strategist and co‐founder for Supply Chain Management, LLC, headquartered in New York, a consulting firm that specializes in providing “Total Cost and Supply Chain Management Solutions” to mid‐ and large‐scale companies. Yacura has held numerous senior executive management positions – including operations, manufacturing, production control, strategic planning, finance, and supply chain management – at IBM, Pacific Bell, American Express and Inter Continental Hotels Group. He is past chair of CAPS Research in Tempe, Arizona, and is involved with the advisory board for the State University of New York at Oswego Foundation Board. Yacura has appeared on “The Nightly Business Report” program. He earned an MBA in finance and an MS in accounting from Binghamton University, along with a master's degree in quality management from Loyola University. He has also completed the Senior Executive Program at Stanford University.

Purchasing for 4,000 hotels: the case of Avendra

Avendra is an independent company formed by Marriott International, Inc., Hyatt Hotels Corporation, ClubCorp. USA, Inc., InterContinental Hotel Group, and Fairmont Hotels and Resorts – all leading companies in their respective hospitality markets. Avendra serves the hospitality industry in North America and the Caribbean and is the largest hospitality procurement service company in the world. This viewpoint article presents a few concepts of procurement and purchasing for hotels. Explains the origin, concept, philosophy and operation of Avendra. Identifies the future challenges for the company. Concludes by listing the key benefits for suppliers, hotels and, most importantly, to the customers should similar operations evolve in different parts of the world.