The Fontainebleau in Miami Beach provided a suitable venue for the National Parking Association’s most recent convention for at least two reasons. Besides the luxury accommodations, the buzzing nightlife at the hotel creates one of the hardest valet parking jobs in the country. “You need 45 runners on a midnight shift,” says former University of Maryland football player Sam Medile, an angel investor and serial entrepreneur who made
Venture capitalists are stars in Silicon Valley, picking and choosing among potential tech giants and riding startups to riches (if they're lucky). But venture capital isn't for every startup, and the pursuit of VC can be a trap, points out Elana Fine, executive director of the Dingman Center for Entrepreneurship, at the University of Maryland's Robert H. Smith School of Business.
Say you're a hotel manager trying to decide whether to build a pool: Will the additional reservations you bring in from that amenity offset the cost of construction and maintenance? Or say you offer free bottled water to all guests. If you stopped doing so, would you save money in the long run? New research from the Smith School offers some answers to these questions.
The most recent “Poets & Quants’ Best and Brightest MBAs” listing features two recent graduates from the University of Maryland’s Robert H. Smith School of Business. Tiffany Chang and Allison Davern are profiled among 100 of the best MBAs in the Class of 2016, globally.
Smith School professor P.K. Kannan acquiesced, like a typical parent and consumer, each time one of his daughters learned to ride a bicycle and requested her own pink model. Similar bikes of other colors were lower priced, but try explaining that to a child. "When you shop for a special design or a pink color, you signal to the manufacturer a willingness to pay more," Kannan says. "So they take advantage."