Modern Restaurant Management

NOVEMBER 18, 2021

In 2022, restaurant menus will place a greater emphasis on healthy living, according to The National Restaurant Association's annual What’s Hot Culinary Forecast.

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Download 197

eHotelier

JUNE 15, 2023

London’s hotel industry reported its highest revenue per available room (RevPAR) since October 2022, according to preliminary May 2023 data from STR.

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Modern Restaurant Management

AUGUST 29, 2022

Highlights of the EventUp 2022 First Half of the Year Event Trends include: The average spend for events is $3,545. People booking events this year prefer to party on Saturdays, and the celebrations are focused on social occasions, according to new data from EventUp powered by Tripleseat. Saturday is still the most popular day to party.

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Modern Restaurant Management

MAY 16, 2022

According to the National Restaurant Association , the dining industry should generate $899 billion in revenues in 2022. Midway through 2022, COVID-19 is still a problem, albeit nowhere near the size and scope of 2020 and 2021. ” The Takeaway on Restaurant Insurance Trends in 2022. with many having to shut their doors.

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MEWS

DECEMBER 20, 2022

We’re not sure about you, but 2022 felt like a busy year. There was a lot going on, globally but also in the world of hospitality. Staff shortages continued, the summer saw peak ADR and RevPAR numbers, and hotel tech companies received massive funding injections *cough cough*.

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eHotelier

APRIL 10, 2023

hotel gross operating profit per available room (GOPPAR) exceeded the pre-pandemic comparable and was the highest since October 2022, according to STR‘s February 2023 P&L data release. EBITDA was the only key bottom-line metric on a per-available-room basis to come in lower than February 2019.

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Modern Restaurant Management

JANUARY 12, 2022

To keep up with changing consumer preferences, operators noted that their top areas of investment in 2022 include mobile ordering (54 percent); delivery services (47 percent); technology such as new POS digital signage or other in-store tech (45 percent); and alternative payment methods (37 percent). "Consumers Fast is not fast enough.

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Server Pricing Marketing Download 215

eHotelier

OCTOBER 13, 2022

During the 2022 PATA Gold Awards Ceremony held virtually on October 7, 2022, the Pacific Asia Travel Association (PATA) announced the winners of the 2022 PATA Gold Awards.

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Lodging Magazine

NOVEMBER 10, 2022

Additionally, October 2022 grew by 21.2 percent over September 2022. The post Knowland: October 2022 Meetings and Events Data Grows 21.2 Percent Over September 2022 appeared first on LODGING Magazine. ARLINGTON, Virginia—Knowland released its U.S. monthly meetings and events data for October, reporting 131.7

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eHotelier

JUNE 22, 2023

Canada’s hotel industry reported its highest performance since September 2022, according to STR‘s May 2023 data.

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eHotelier

JANUARY 30, 2023

First Hospitality, a national hotel operating and development company, realized significant growth in 2022, increasing hotels under management by 25%. The company expanded into three new markets, bringing First Hospitality’s diverse portfolio of branded and independent properties to over 50 hotels across 11 states.

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Modern Restaurant Management

DECEMBER 14, 2021

Some have even developed lucrative new business models that they will continue to apply and scale in 2022. Several other pandemic-related trends will continue into 2022 and beyond, and new trends will also emerge. Opportunities for 2022 and Beyond. Consumers are showing similar signs of permanent behavioral change.

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Modern Restaurant Management

FEBRUARY 4, 2022

Though many of the market forces that shaped the restaurant industry in 2021 were closely linked to disruption from the pandemic's onset in 2020, 2022 brings new challenges — and opportunities. Unprecedented labor and supply chain pressure will drive most of the restaurant trends that will define 2022, industry analysts say.

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Modern Restaurant Management

DECEMBER 22, 2021

These are a few of the design trends for restaurants that I see coming up in 2022. Dining pods can be found in spaces where people want a private experience such as a date night but want to be able to feel the ambience of the restaurant. The key to a good restaurant experience is to craft a unique aesthetic.

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Modern Restaurant Management

MARCH 7, 2022

What the future holds and how brands can position themselves to land an investor as they prepare for 2022 and beyond. Private equity firms and restaurants have a long-shared history, and in many respects a partnership with private equity is like a marriage, as they last for years.

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eHotelier

MARCH 28, 2023

The Saudi Reinsurance Company (Saudi Re) has announced the annual financial results ending on 31 December 2022, noting that net profit before Zakat rose to $15 million compared to 14.19 The Company’s 2022 results also recorded a rise in its sales by 26 percent, reaching 372.6 million last year, with an increase of 6.4

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Boutique Hotel News

FEBRUARY 21, 2023

UK: Global travel technology company OYO has added 40 UK hotels to its platform and doubled its revenue in 2022 compared to 2021. Recently, OYO released its annual global travel trends index which revealed that London, Plymouth, Middlesbrough, Leicester, and Brighton were the UK’s most popular holiday destinations of 2022.

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eHotelier

JANUARY 24, 2023

hotel industry reported average daily rate (ADR) and revenue per available room (RevPAR) that were the highest for any year on record, according to 2022 data from STR.

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eHotelier

JANUARY 26, 2023

Among the global regions, Asia saw the only decline in revenue per available room (RevPAR) from 2019, according to 2022 data from STR.

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eHotelier

JANUARY 29, 2023

Canada’s hotel average daily rate (ADR) and revenue per available room (RevPAR) were the highest for any year on record, according to STR‘s 2022 data.

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Modern Restaurant Management

DECEMBER 22, 2021

We've highlighted a few key ways you can embrace this growing trend in 2022. With staffing shortages possibly continuing in 2022, this could be taken one step further by allowing customers to choose their order from the table from a tablet or their own smartphone via a QR code. But where can you start? Connected Equipment.

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Modern Restaurant Management

DECEMBER 21, 2021

z International Foodservice identified top trends expected to elevate the foodservice industry in 2022 and beyond. Some of those quick-adapts will continue to shape foodservice as we head into 2022. When the pandemic emerged in early 2020, the entire foodservice industry faced fast and unexpected change.

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Modern Restaurant Management

DECEMBER 16, 2021

Restaurant operators once again find themselves refocusing priorities and altering their plans for 2022. Here are some trends NCR is watching as move into 2022. Tackle the Labor Shortage with Hiring Incentives. Rely on Technology to Increase Operational Efficiency. Use Data and AI to Reach Out and Touch Your Customers.

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eHotelier

AUGUST 23, 2023

Central Plaza Hotel Public Company Limited (CENTEL), Thailand’s leading hotel and restaurant operator, received three prestigious accolades in the Travel & Hospitality category at the IAA Awards for Listed Companies 2022-2023 held by the Investment Analysts Association, further solidifying the group’s 40-year legacy and position as a leader in (..)

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eHotelier

JANUARY 8, 2023

STAAH unveiled the list of distribution channels that brought the highest booking revenue to hotels in 2022.

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Hotel Business

MARCH 28, 2023

HVMG made great strides in 2022, from outpacing the industry in key performance metrics to receiving external recognition for our efforts,” said Robert Cole, president/CEO, HVMG. That outperformance has continued into 2023 with same-store RevPAR growth forecasted to increase 30% over 2022 in the first quarter.

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eHotelier

FEBRUARY 23, 2023

According to the Q4 2022 Middle East Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the quarter, LE analysts report that the hotel construction pipeline in the region stands at 549 projects/143,637 rooms.

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Lodging Magazine

DECEMBER 9, 2022

NEEDHAM, Massachusetts—According to Tripadvisor, in 2022, travelers explored new terrain, rediscovered favorite places, and made the most of long layovers. The post Tripadvisor Reports Traveler Preferences Throughout 2022 appeared first on LODGING Magazine.

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eHotelier

MARCH 8, 2023

billion in 2022 - the second highest transaction volume on record - with significant additional equity capital still on the sidelines waiting for signs of stabilisation in interest rates and inflation according to new CBRE research. Australian hotel sales hit $2.14

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eHotelier

MAY 2, 2023

Hotel transactions across Europe failed to show the recovery expected during 2022 as confidence was hit by the Russian invasion of Ukraine which fuelled huge increases in energy and food costs, a rise in overall inflation and higher interest rates.

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eHotelier

FEBRUARY 1, 2023

According to the Q4 2022 Hotel Construction Pipeline Trend Report for Canada by Lodging Econometrics (LE), LE analysts report that Canada’s total construction pipeline stands at 267 projects/35,758 rooms, up 2% by projects and 1% by rooms year-over-year (YOY).

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MEWS

JANUARY 27, 2023

How was 2022 for you? Are you happy with your property’s performance? Sometimes it can be tricky to answer this question without wider context; specifically, wouldn’t it be great to see how your property performed compared to the industry average?

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eHotelier

FEBRUARY 9, 2023

hotel revenues, profits and labor costs reached an all-time high, according to STR‘s P&L data for 2022. With more supply in the market, the key profitability metrics each came in lower than their pre-pandemic comparable on a per-available-room basis.

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eHotelier

JANUARY 25, 2023

As reported in the fourth quarter United States Construction Pipeline Trend Report from Lodging Econometrics (LE) for 2022, the franchise companies with the largest construction pipelines at the end of Q4 are led by Marriott International (Marriott) with 1,490 projects/180,113 rooms.

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eHotelier

JANUARY 23, 2023

TPG Hotels & Resorts, one of the nation's premier hospitality management firms, announced today they added nearly 30 new third-party management contracts in 2022.

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eHotelier

JANUARY 15, 2023

60% of Americans report being more likely to stay in hotels this year than in 2022, and hotels are the top lodging choice among those planning to travel for business and leisure in the next three months, according to new national Hotel Booking Index survey research commissioned by the American Hotel & Lodging Association (AHLA) and conducted by (..)

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Lodging Magazine

NOVEMBER 8, 2022

WRIGHTSVILLE BEACH, North Carolina—Dellisart LLC announced it has added 28 hotels to the Hotel Sales Max program since its launch in February; 33 hotels to Hotel Rev Max, its revenue management service, since its launch in 2020; and added 11 management contracts to its portfolio in 2022.

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