Revenue Hub

JUNE 28, 2023

The recovery of business travel and the evolution of bleisure travel globally highlights the importance of adapting to changing travel trends. This adaptability allows hotels to stay relevant and appeal to the evolving preferences of modern travelers. There have been regional gains across the board.

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Hospitality Net

JUNE 23, 2023

Hotel booking volumes in Spain are currently 17 percent higher than at the beginning of summer 2019, when the country experienced its biggest year of tourism to date.SiteMinder’s data, which compares current booking volumes to those in previous years, places Spain as a European favourite, followed by Portugal, Italy and the UK.

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Hotel Owner

AUGUST 7, 2023

Despite the cost-of-living crisis and economic uncertainty, the international hospitality and tourism industry is experiencing a surge in bookings as the summer season reaches its peak. An estimated 235 million tourists travelled internationally in the first three months of this year, more than double those in the same period of 2022.

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Hotel Business

DECEMBER 12, 2022

The data covers key hotel performance indicators such as occupancy, RevPAR, booking lead time, length of stay, international and domestic travel, direct and OTA bookings, as well as upsell performance to forecast trends shaping the hotel industry in 2023. Domestic tourism is still going strong.

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Hotel Owner

JANUARY 23, 2023

It comes as the family-owned four-star hotel group re-opened all nine of its hotels in London, Bath, Edinburgh, Glasgow, and Dundee as travel restrictions were lifted and tourism increased. Apex City of Bath Hotel and Apex City Quay Hotel and Spa were recently granted Silver Green Tourism Awards.

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Revenue Hub

JULY 10, 2023

Consumer spending on travel has shown remarkable resilience, as people eagerly plan vacations to popular destinations around the world. When accounting for inflation, North American properties have comfortably exceeded their 2019 pricing levels, thanks to robust consumer spending on services.

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SiteMinder

JUNE 22, 2023

Hotel booking volumes in Spain are currently 17 percent higher than at the beginning of summer 2019, when the country experienced its biggest year of tourism to date. British, French, German, Italian and Dutch travellers, in that order, are visiting Spain in the highest numbers. percent this same time last year.

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Boutique Hotel News

OCTOBER 28, 2022

While not without controversy, Qatar’s hosting of the 2022 FIFA World Cup is a significant milestone on its journey to becoming a premier league tourism destination. Berthold Trenkel, COO of Qatar Tourism, says: “2022 has been an extraordinary year in Qatar with so many major new hotel and tourism openings.

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Hotel Owner

AUGUST 4, 2023

For the experiential traveller, where better to stay than the short-term holiday let, which offers the opportunity to live like a local would? Tourism is vital to these local economies and represents 10% of all employment in Devon and 20% in Cornwall, so limiting access to Britain’s holiday hotspots would offer no relief.

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Hotel Owner

MAY 20, 2024

The staycation trend has seen an unprecedented surge in popularity, particularly in the wake of global events that have restricted international travel, particularly due to the covid-19 pandemic. The appeal lies in the convenience, reduced travel costs, and the opportunity to explore local attractions that might otherwise be overlooked.

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Larry Mogelonsky

MAY 22, 2024

Climate change is now at the forefront of people’s minds, while travel is continually cited as a major contributor to total carbon emissions. The travel and tourism sector – or more colloquially hospitality – is an economic powerhouse, accounting for more than 10% of global GDP.

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Revenue Hub

OCTOBER 20, 2023

Subscribe to our weekly newsletter and stay up to date GOP Margin by Country 2019 – 2023 1. 2023 Hotel Performance: Growth Is Slowing In UAE, Saudi Arabia, India, Brazil, and the Caribbean, hotel profit margins in the first half of 2023 well surpassed 2019 levels, whereas they lagged in the UK, Germany, Spain, Poland, and Qatar.

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Modern Restaurant Management

MARCH 16, 2020

analyzed daily traffic from February 26 through March 7 and compared it to the equivalent period in 2019. Imports during 2019 totaled 21.6 11-16, 2019. From a restaurant’s own app or website, to third party food delivery services, QSRs are now having to account for orders within and beyond their four walls.

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Modern Restaurant Management

DECEMBER 4, 2020

“They’ve had to basically adapt and change their entire business model,” says Yang Yang, an associate professor in the School of Sport, Tourism and Hospitality Management (STHM) at Temple University. Asia Center for Tourism and Hospitality Research, the road to recovery could still be a long one. The Big Value Shift.

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Hotel Business

MAY 1, 2023

For the first quarter ended March 31, Accor Group reported a 19% increase in RevPAR vs. the same period of 2019. They reflect the attractiveness of our brands, the commitment of our teams and an ever-greater desire for travel and adventure on the part of our guests. Revenue for the quarter was up 54% vs. the same quarter last year. “In

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Hotel Owner

APRIL 15, 2024

Hotels are also affected by the number of international tourists travelling to the UK, which has still not reached pre-pandemic levels as of Q3 2023 at 10.9m. This is 8% less than Q3 2019. As a result, hotel businesses have amassed significant levels of debt to weather the lack of tourism during the lockdown period.

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Hotel Business

JANUARY 26, 2023

The select-service sector accounted for 34% of single-asset global investment volume, its highest proportion ever, with the Americas and EMEA seeing notable growth. In fact, global hotel occupancy reached 89% recovery relative to 2019 levels. Re-emergence of international travel and opportunities for cross-border hotel investment.

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SiteMinder

DECEMBER 10, 2024

Major public gatherings like the solar eclipse viewing in the US and sporting events like the UEFA Euro in Germany have also drawn significant attention to hotels, as local and international travellers flock to attend these events. Event-driven travel is undeniably booming, with its influence seen in hotel occupancy and room rates.

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Modern Restaurant Management

DECEMBER 28, 2020

The Baby Boomer and the Gen Z user have significantly different usage patterns in a mobile app and UX and UI teams will need to take this into account as digital solutions become commonplace in the shopping experience. John Moezzi, National Account Manager, Sharp NEC Display Solutions. One size doesn’t fit all. For example, BOHA!

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Hotel Business

FEBRUARY 24, 2023

For full-year 2022, Accor reported group RevPAR for full-year 2022 was 2% higher than in 2019. In the Americas, RevPAR in full-year 2022 was 5% higher than in 2019. Tourism recovered substantially in 2022 and our performances, up strongly in all regions, reflected that rebound,” said Sébastien Bazin, chairman/CEO, Accor.

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Pricing Travel and Tourism Accounting Presentation 52

Modern Restaurant Management

MAY 1, 2020

Along with more in-home food prep and safety worries, restaurant purchases were also impacted by pocketbook concerns since 43 percent of survey respondents said they expect their 2020 household incomes to be lower than 2019. ” Website visits for the travel industry have cratered. Visits went from 24.1

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Hotel Business

SEPTEMBER 5, 2023

The strategic promotions and new leadership team additions include Sue Sanders to EVP, chief strategy and administrative officer; Wilson Turner to SVP, human resources; Angie Cook to SVP of accounting and finance; Suzanne Saunders to SVP, design and construction; and Bob Kisker to VP, operations.

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The Restaurant Times

JUNE 25, 2022

A true-blue adventurer, she also runs a food expedition wherein she travels across the country in her Thar while exploring and cooking the local cuisines with local ingredients – all by herself in the wild. . I take into account what kind of clients am I going to entertain, and how easy or difficult it is to develop a recipe.

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Modern Restaurant Management

APRIL 7, 2020

” "The bar for someone trying to open a restaurant is now impossibly high, especially for minority owned businesses,” said Onwuachi, James Beard 2019 Rising Star and a founding member of the Independent Restaurant Coalition. Tripadvisor's Plan to Help Restaurants. ThePlateFund Provides Relief.

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Modern Restaurant Management

SEPTEMBER 27, 2024

Top Three most challenging roles to fill: Chefs and Cooks Dishwashers Cashiers According to the report’s findings, Chef and Cook positions emerge as the most challenging roles to fill, accounting for 30 percent of all open roles. total 405 locations, with a 22 percent growth compared to last year and doubling in number since 2019.

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Travel Booster

JANUARY 11, 2023

Which famous sustainable tourism saying was coined decades ago by the Baltimore chapter of Grotto? But when your tourism involves interaction with local people, wildlife, and sensitive ecosystems, just your presence there is bound to have more effect than a footprint. What are the three domains of sustainable tourism?

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Modern Restaurant Management

FEBRUARY 1, 2021

Travel Plans for 2021. Tripadvisor® released the findings of a new research report based on the platform’s unique insight into shifting traveler trends, revealing how consumers are planning to travel in 2021 and what impact the ongoing pandemic has had on their trip planning habits. In the U.S.,

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Modern Restaurant Management

JUNE 18, 2020

According to the latest report from Tripadvisor , which outlinines the road to recovery for the travel and dining industry, restaurants are showing the first signs of recovery, leading the way for hospitality businesses. On the Road to Recovery. Traffic to restaurants in other markets, including the U.S., Report highlights include: Placer.ai

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Modern Restaurant Management

FEBRUARY 21, 2020

. “VISIT PHILADELPHIA and the James Beard Foundation are thrilled for our unique partnership that brings the culinary and tourism industries together to make it easy for travelers to support delicious, diverse, and sustainable food,” said Jeff Guaracino, president and CEO, VISIT PHILADELPHIA.

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Events Travel and Tourism Marketing Presentation 139

EATER

SEPTEMBER 3, 2020

After six months of financial hardship, including a delayed start to summer travel, some hope a fall boom will compensate for lost business. Others, fearing the potential for super-spreaders to hide among the pie stands and farm rows, worry that travelers could bring a second wave of infections to their doorsteps.

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Modern Restaurant Management

JANUARY 31, 2020

The report found that most local economies nationwide slumped in 2019, down 1.3 percent, largely contributed to the 2019 drop and marked the largest quarter-over-quarter decline since 2018. . Uncertainty around trade policy also hindered local economic growth in 2019,” said Carl Bialik, Yelp’s data science editor.

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