Hospitality Magazine

JUNE 5, 2024

The penalty comes after nine young workers and visa holders at eight 85 Degrees-branded franchisee-operated outlets in Sydney were underpaid a total of $32,321 in 2019. So while 85 Degrees did not directly underpay the workers they have been held legally liable under the responsible franchisor entity. Franchisors must take action.”

Accounting 242

Accounting Marketing 242

Boutique Hotel News

MARCH 24, 2023

Whilst occupancy levels have not fully returned to 2019 levels, strong rate increases compared to the previous year have enabled most class groups to achieve RevPAR recovery. The independent boutique luxury class has achieved a $40 premium in RevPAR in 2022 compared to 2019. Commentary on RevPAR recovery to 2019 by class.

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Definition Presentation Marketing 246

Boutique Hotel News

NOVEMBER 21, 2022

The 19th century hotel is being marketed with planning permission to increase the current 73 bedrooms to 87, erect a further 71 cottages, 82 apartments and 37 lodges, as well as approved permission to extend the existing building and add 30 bedrooms, five lodges, three villas and village square.

Marketing 130

Marketing Pricing 130

Lodging Magazine

APRIL 19, 2024

percent of total revenue in 2019 to an estimated 3.3 The good news is that the pace of growth appears […] The post Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy Consumption appeared first on LODGING Magazine. As a result, utility department expenses increased from 2.9

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Marketing Magazine 116

Smart Brief Hospitality

MAY 12, 2024

While it’s a great time for brands to connect with Asian American consumers, marketers should be marketing to the AANHPI segment all year long. trillion in 2024, growing 314% between 2000 and 2019, far exceeding the increase in purchasing power of all other racial and ethnic groups over the same period.

Marketing 117

Marketing 117

Hotel Owner

OCTOBER 14, 2024

Northcote Hotel in Lancashire has been brought to market for an undisclosed price. The property is being marketed by Savills which is operating the sale on a “price on application” basis. The hotel was acquired in 2019 by Britannia Hospitality Limited, the owners of The Stafford, which subsequently created The Stafford Collection.

Marketing 98

Marketing Pricing 98

Hospitality Net

FEBRUARY 1, 2024

The Boston/Cambridge lodging market ended 2023 at 76.4% This 6-point increase in occupancy is a result of the market accommodating 8.6% more rooms occupied as compared to 2019. Seasonality appears to be in sync with what we typically expect for the Boston market. occupancy, a 6.8% variance over 2022’s 69.6%.

Marketing 97

Marketing 97

Hospitality Net

JANUARY 29, 2024

STR’s global “bubble chart” update for 2023 shows 85% of markets with revenue per available room (RevPAR) higher than 2019. In terms of top-line performance, that means most markets have recovered from the significant declines caused by the pandemic.

Marketing 95

Marketing 95

Revenue Hub

APRIL 29, 2024

Your marketing presence has to be not only mobile friendly , it has to be mobile savvy to attract guests and stay on top of the competition. SMS Marketing As of 2019, text messages achieved a 98 percent open rate, with emails lagging behind at 20 percent.

Marketing 108

Marketing Book Article Information 108

Hospitality Net

AUGUST 28, 2024

A detailed comparison of profit margins from 2019, 2023, and 2024 year-to-date (YTD) reveals critical trends in key markets across the region. As 2024 progresses, the Food & Beverage (F&B) sector in Asia shows signs of steady recovery, offering a glimpse of strategic opportunities for investors and hotel operators.

Marketing 98

Marketing 98

Modern Restaurant Management

MAY 6, 2021

For some business types, at least 33 percent of 2019 gross receipts must have comprised on-site sales to the public. equipment, accounting, training, legal, marketing). For businesses that were open for all of 2019 and 2020, the maximum amount they can receive is $5 million per restaurant or $10 million per restaurant group.

Document 197

Document POS Systems Accounting Maintenance 197

Modern Restaurant Management

OCTOBER 28, 2022

have reduced their operating hours since 2019, according to a survey by Dataessential. The firm examined the operating hours for hundreds of thousands of locations across two time periods: October 2019 and October 2022., percent reduced their operating hours since 2019, while just 19.8 percent in 2019. finding that 58.6

Marketing 163

Marketing 163

HotStats

AUGUST 28, 2024

A detailed comparison of profit margins from 2019, 2023, and 2024 year-to-date (YTD) reveals critical trends in key markets across the region. As 2024 progresses, the Food & Beverage (F&B) sector in Asia shows signs of steady recovery, offering a glimpse of strategic opportunities for investors and hotel operators.

Marketing 97

Marketing 97

Revenue Hub

JUNE 7, 2024

To be effective, your luxury hotel marketing strategy must tell a story that shows your customers what sets you apart and makes the experiences you offer unique. Harness the power of storytelling In a luxury market where everyone offers fantastic service and incredible facilities, how do you communicate in a way that sets your hotel apart?

Marketing 108

Marketing Article Pricing Accounting 108

Boutique Hotel News

OCTOBER 28, 2022

Miles, the owner of Your Place, will take over the property from Simon Clark who has owned the hotel since 2019. The Lake District National Park continues to be an incredibly strong and reliable market to invest in with ever-growing confidence, particularly within the hospitality trade.

Catering 246

Catering Marketing 246

Hospitality Net

APRIL 17, 2024

In 2023, occupied room nights, as well as total occupancy (83.5%), continued to lag 2019 performance; however, like gaming revenue, the market’s ADR ($191.29) and RevPAR ($159.73) for 2023 reached record levels for the second year in a row.

Marketing 96

Marketing Article 96

Modern Restaurant Management

OCTOBER 9, 2023

Using the QSR traffic and sales data Revenue Management Solutions (RMS) has been gathering for 25-plus years, our analysts recently completed an exhaustive comparison of pre and post-pandemic data, comparing the first two quarters of 2022 and 2023 to the same period in 2019. Since 2019, however, QSR traffic has been down nearly 20% (18.4

Pricing 193

Pricing Information Marketing 193

Hotel Owner

JANUARY 9, 2024

The director of marketing communications at Pan Pacific London, Michelle Whittemore, has joined Eastern City Business Improvement District (EC BID) as a non-executive board member. Whittemore has over 20 years of marketing and communications experience working in luxury hospitality.

Marketing 98

Marketing Communication Brand Management 98

Revenue Hub

NOVEMBER 9, 2023

NB: This is an article from EHL In 2019, the luxury goods industry accounted for global revenues approximating g $1.4 After the pandemic, forecasts remain optimistic, with expectations for the luxury market to recuperate to levels observed prior to the COVID-19 pandemic, as per insights provided by Deloitte.

Marketing 107

Marketing Article Accounting Events 107

Hotel Owner

OCTOBER 3, 2024

A new fully implemented hotel-led development situated to the north-west side of Liverpool Street station has been brought to market for offers in excess of £75m. Giant Mind Properties Group Limited has appointed Savills and CBRE to market the freehold interest in Bavaria House, Appold Street, London.

Marketing 97

Marketing 97

PhocusWire

SEPTEMBER 20, 2023

The Shiji Reviewpro Guest Experience Benchmark for Q2 2023 found overall consumer satisfaction with hotels is up but still trails 2019 levels.  

Marketing 115

Marketing 115

Hotel Owner

OCTOBER 17, 2024

The freehold interest in the Leonardo Hotel at London Heathrow Airport has been brought to market off a guide price of £30m. Situated only a five-minute shuttle ride from Terminals 2 and 3, the four-star hotel is being sold with the option to secure vacant possession in February 2026.

Marketing 98

Marketing Presentation Pricing 98

Modern Restaurant Management

DECEMBER 11, 2020

In 2019, The Insight Partners, a research firm, estimated that the global RTD alcoholic beverage market would reach $40 million in 2027 from $26 million in 2018. So, where is the RTD alcoholic beverage market headed in 2021? Here are the five major trends shaping the RTD alcoholic beverage market next year. v took off.

Marketing 208

Marketing 208

Modern Restaurant Management

OCTOBER 22, 2020

New restaurant and food businesses are opening at pre-pandemic levels, with the number of new openings increasingly more in line with 2018 and 2019 volumes, according to third quarter data for the Yelp Economic Average (YEA) report. There were only 100 fewer new restaurant openings in September of this year, compared to September 2019.

Back of House 198

Back of House Catering Marketing 198

Modern Restaurant Management

AUGUST 16, 2021

Consumer spending at restaurants was up +32 percent in the April-May-June 2021 quarter compared to the same quarter last year, and for a pre-pandemic view, flat compared to the same quarter in 2019. Despite the gains, FSR dine-in visits are down -37 percent from the second quarter of 2019. foodservice industry. “The U.S.

Marketing 180

Marketing Pricing Download Presentation 180

Modern Restaurant Management

NOVEMBER 24, 2020

Use this time to invest in training, develop relationships with potential clients and referral sources, explore possible acquisitions or new markets, and upgrade outdated technology. In fact, the industry had a turnover rate of 75 percent in 2019 and this trend was aggravated in 2020 by the pandemic. Plan for Gaps in Your Budget.

Budgeting 230

Budgeting Communication Training & Development Marketing 230

Modern Restaurant Management

MARCH 6, 2020

2019 was the year of convenience in the restaurant business. Attitudes about restaurant jobs are shifting; the labor market is tight and the minimum wage is going up, and fewer and fewer employees consider their positions to be temporary. 2019 was the year of customer convenience, and 2020 will be the year of customer satisfaction.

Scheduling 206

Scheduling Information Definition Marketing 206

Modern Restaurant Management

DECEMBER 30, 2020

At-home meal kits increased 13x in 2020 from 2019, with some of the most popular options including NYC-based I CHIRAN’s Take-Home Ramen Kit and New England Lobster’s Lobster Roll Kit in San Francisco. POS Software Market. A break from breakfast : With fewer morning commutes to cater to, breakfast and coffee sales suffered.

Marketing 211

Marketing Catering Accounting Communication 211

Modern Restaurant Management

JULY 8, 2021

It’s no secret that the influencer marketing industry is booming with billions of dollars. If you haven’t heard of them, here are three key reasons why they should be in your marketing plan: They Seem More Genuine than Bigger Influencers. Micro influencers are a great marketing tool and resource for small restaurants.

Accounting 203

Accounting Budgeting Marketing 203

Modern Restaurant Management

JUNE 24, 2020

According to research done in July 2019 by the Pew Research Center, 26 percent of adults spend the entire day online and 43 percent are online several times during the day. As a result, restaurant marketing, specifically digital marketing, is of extreme importance. If nobody knows about it, nobody will use it.

Marketing 231

Marketing Events 231

Modern Restaurant Management

JUNE 15, 2021

In fact, the number of diners seated via Yelp was up 48 percent in May 2021 compared to May 2019. Nearly 6,600 new restaurant and food businesses opened in May 2021, a 42 percent increase from May 2020 and down by only 21 percent from May 2019. They saw a similar increase in diners seated in April 2021. Returning to On Premise.

Marketing 197

Marketing Communication Accounting Pricing 197

Hospitality Net

FEBRUARY 25, 2024

In 2023, the number of Alaska cruises reached 291, a record number compared to 213 in 2019. A key driver of Seattle’s leisure demand is its cruise industry. The Port of Seattle estimates the annual impact of a cruise season on the region at $900 million.

Marketing 95

Marketing 95

Modern Restaurant Management

AUGUST 31, 2021

The comparable week last year (to August 22 2020), while in recovery compared to the height of restrictions, was still lower than the same week in 2019. However, velocity remains strongly positive versus last year (+43 percent) and 2019 (+20 percent). Sales velocity is now +20 percent vs August 24, 2019. California.

Server 158

Server Marketing Information Accounting 158

Hospitality Net

SEPTEMBER 30, 2024

The wellness market is booming, having grown from $4.9 trillion in 2019 to $5.6 By integrating wellness-focused amenities and services into their properties, owners can enhance guest experiences and loyalty, differentiate themselves in a competitive market, and drive significant revenue growth. trillion in 2022.

Marketing 75

Marketing 75

Modern Restaurant Management

JULY 20, 2021

Total restaurant visits were down -6 percent in May 2021 compared to May 2019 but were up +23 percent from a year ago, recovering from a -23 percent decline in May 2020. Snack were up this May +8 percent compared to May 2019 and up +3 percent compared to two years ago. Older people coming back to the market. Visits at P.M.

Marketing 189

Marketing Definition Scheduling Book 189

Hotel Business

OCTOBER 18, 2023

markets have recovered 99.1% for group business compared to the same time in 2019, according to the Hospitality Group and Business Performance Index from Knowland and Amadeus. Q3 data shows that 13 of the top markets have recovered 100% of group revenue, including: Tampa 116.8% of 2019 levels. Phoenix 109.9%

Events 122

Events Book Marketing 122

Hospitality Net

JULY 22, 2024

Hotel performance declined more than expected with the greatest decrease taking place at the beginning of the week (Sunday-Tuesday) and the greatest impact occurring in the Top 25 Markets. A similar pattern was seen in 2019, which followed the same day-of-week calendar, although the decline this year was much more severe.

Marketing 111

Marketing 111