Hospitality Net

JULY 31, 2023

Mailbox providers (MBP) such as Google, Yahoo, and others are retiring inactive accounts, a move that benefits them by reducing storage costs and freeing up desirable accounts and email addresses. Google recently made headlines with its announcement that accounts inactive for 2 years will be retired, starting as early as December 2023.

Accounting 63

Accounting Marketing 63

eHotelier

DECEMBER 8, 2022

Every successful F&B program should take into account major dietary trends and societal shifts, rather than just allergies and intolerances.

Accounting 264

Accounting Menu Planning 264

Boutique Hotel News

DECEMBER 20, 2022

BHN editor Eloise Hanson outlines six hotel and travel trends expected to shape the industry in 2023. Payments will also form a major part of a hotelier’s CRM strategy moving forwards, especially taking into account the shift to eCommerce. Technology adoption in 2023 will set innovative hoteliers apart from the competition.”.

Concierge 312

Concierge Book Marketing Information 312

Lodging Magazine

APRIL 6, 2023

hotel industry has made many strides since the beginning of the COVID-19 pandemic, and 2023 has been off to a strong start. At the beginning of the year, STR reported that revenues and profits reached highest-ever levels during 2022, and CBRE increased its hotel performance forecast to account for expected GDP growth during the coming year.

Accounting 105

Accounting Magazine Hospitality Management 105

SiteMinder

MAY 12, 2023

What is hotel accounting? Hotel accounting is the process of recording and maintaining the financial records and performance of your hotel business. Good accounting makes the finances of your hotel easy to understand for management and other stakeholders – so they can make informed decisions. room sales).

Accounting 52

Accounting Maintenance Document Pricing 52

Hospitality Net

FEBRUARY 15, 2024

M3 Accounting Solutions, Inc. (“M3”), M3”), North America’s #1 provider of accounting software and services, has been awarded Most Innovative Cloud-Based Financial Platform 2023 - North America in the 2023 Technology Innovator Awards.

Accounting 61

Accounting 61

Hospitality Net

JANUARY 28, 2024

The popularity of nature getaways is also apparent through Airbnb’s top Instagram posts of 2023, featuring stays immersed in lush woodland and situated on stunning coastlines.

Accounting 89

Accounting Book 89

Hotel Business

FEBRUARY 22, 2024

Accord Group, for full-year 2023, reported that earnings before interest, taxes, depreciation and amortization (EBITDA) surpassed the 1 billion euro ($1.082 billion) mark for the first time in the company’s history, reaching 1.003 billion ($1.085 billion), up 49% year-over-year. in the last 12 months.

Pricing 105

Pricing Events Marketing Accounting 105

Modern Restaurant Management

DECEMBER 21, 2022

Modern Restaurant Management (MRM) magazine asked experts for their thoughts on trends and challenges that will affect the restaurant industry in 2023. In 2023, we can anticipate businesses really focusing in on value and doing what they can to attract and retain both employees and guests. For part one, click here.

Pricing 197

Pricing POS Systems Front of House Marketing 197

Hotel Business

JANUARY 29, 2024

According to the year-end Lodging Econometrics (LE) Construction Pipeline Trend Report for Canada, the country ended 2023 at 294 projects/38,396 rooms, a mere 11 projects short of the country’s peak of 305 projects achieved in Q4 2019. Canada had 25 new hotels with 3,278 rooms open in 2023.

Accounting 64

Accounting Scheduling 64

Revenue Hub

DECEMBER 15, 2022

Is your 2023 hotel marketing budget a little leaner than you’d like? Or, are you looking to refine your approach and experiment with more targeted offers directed at specific age groups in 2023? Read on to discover a tempting trio of different demographics that should be on your radar for 2023… GEN Z & MILLENNIALS.

Marketing 88

Marketing Accounting Book Article 88

Revenue Hub

OCTOBER 26, 2022

hoteliers negotiating corporate accounts for 2023 are seeking the right balance of rates and services. An account approached the company prior to its RFP and said it would only take a 3% increase in rates. Because the account loved that particular hotel, it said it would look into making an exception.

Accounting 90

Accounting Pricing Marketing Article 90

Hotel Owner

AUGUST 15, 2023

to $288.9m (£227.2m) in the second quarter, according to its trading update ended 2 July 2023. As its members grew to 176,305 from 168,685 in the first quarter of 2023, its membership revenues also increased 35.4% to $89.2m (£70.17m) year-over-year, accounting for 30.9% In-House revenues also grew to $125.5m (£98.3m) up 14.4%

Accounting 95

Accounting 95

Hospitality Net

SEPTEMBER 23, 2024

According to new research from Phocuswright, the global travel market has rebounded significantly, surpassing pre-pandemic levels with a 24% increase in gross bookings in 2023, reaching a total spend of $1.5 The industry is projected to grow between 6-10% annually through 2026.

Accounting 40

Accounting Book Reservations Marketing 40

Hotel Business

NOVEMBER 30, 2023

HE’s Founder/Chairman Fred Cerrone was honored at the 2023 Hunter Hotel Investment Conference with the Award for Excellence & Inspiration, and HE’s Finance team was named Finance Company of the Year by OnCon. The post Hotel Equities reports successful 2023 appeared first on hotelbusiness.com. Marriott Jr. Guest Experience Award.

Guest Satisfaction 59

Guest Satisfaction Accounting Training Budgeting 59

Hospitality Net

JUNE 28, 2024

With focus on its ambitious goal of becoming the first net zero CO2-emission hostel chain in Europe by 2025, a&o Hostels, the world’s largest hostel chain, has released the a&o Sustainability Report 2023, the second annual account documenting its efforts and progress on sustainability issues while serving as an inspiration – even a road map – for other (..)

Document 59

Document Accounting 59

Modern Restaurant Management

OCTOBER 16, 2024

In 2023, over 1.5 They will create multiple fake accounts in bulk and then sell them to those looking for a discount on food. One of the most complex is what we call “collusion” In this fraud scheme, bad actors use different account types to simulate a legitimate order. million restaurants in the U.S.

Accounting 166

Accounting Demo Training Budgeting 166

Modern Restaurant Management

DECEMBER 30, 2022

Staffing is often the biggest cost for restaurants, accounting for about one-third of total costs. Between supply chain issues, staffing challenges and increasing operation costs, restaurants have had to re-examine roles and responsibilities for employees and lean into technology to increase operational efficiency.

Front of House 208

Front of House Accounting 208

Modern Restaurant Management

DECEMBER 21, 2022

Modern Restaurant Management (MRM) magazine asked experts for their thoughts on trends and challenges that will affect the restaurant industry in 2023. "With consumer behaviors now firmly established around off-premise dining solutions due to the pandemic, off-prem will remain a prevalent option for 2023. For part two, click here.

Pricing 167

Pricing Portion Control Budgeting Marketing 167

Hotel Owner

APRIL 15, 2024

Hotel insolvencies have increased by 19% in the last year, from 127 hotel companies in 2022/23 to 151 in 2023/24, as operation costs have continued to rise, UHY Hacker Young has revealed. Meanwhile, room occupancy among hotels with less than 25 rooms has continued to fall from 69% in February 2023 to 64% in February 2024.

Travel and Tourism 52

Travel and Tourism Accounting Pricing 52

Modern Restaurant Management

APRIL 4, 2023

This typically includes creating staff schedules based on sales forecasts, trimming labor during slow times, and providing managers with more control – and accountability. As a result, they are looking for ways to better optimize their labor operations while also maximizing business opportunities.

Scheduling 167

Scheduling Communication Events Accounting 167

Hospitality Magazine

AUGUST 22, 2024

Never ones to stand still, the pair closed Small Town Food + Wine in 2023 to open Delly’s in the same space. Thank you to everyone who has been on the St Isidore -> Small Town Food and Wine -> Delly’s journey,” the couple wrote on the Delly’s Instagram account. Small Town Provisions will continue with all the good things.”

Accounting 244

Accounting Magazine 244

Hotel Business

JANUARY 30, 2023

The hotel industry in 2023 is projected to surpass pre-pandemic levels of demand, nominal room revenue and state and local tax revenue, while inching closer to other key 2019 performance metrics, according to the American Hotel & Lodging Association’s 2023 State of the Hotel Industry Report. in 2023—just shy of 2019’s 65.9%.

Budgeting 64

Budgeting Accounting Book Events 64

Modern Restaurant Management

APRIL 10, 2024

According to September 2023 numbers from the National Restaurant Association , 49 percent of restaurants reported year-over-year increases in same-store sales. economy demonstrated resilience in 2023—with GDP, employment rates and consumer spending remaining relatively stable or even growing. Coffee in 2023.

POS Systems 196

POS Systems Back Office Operations Pricing Budgeting 196

Hospitality Net

NOVEMBER 5, 2024

increase from 2023. Additionally for this year, Europe is estimated to account for 26.4% European business travel spending is projected to reach $391.1 billion USD (360.4 billion euros) in 2024, reflecting a 10.4% of total global business travel spending of $1.48 trillion (1.36 trillion euros).

Accounting 67

Accounting 67

Modern Restaurant Management

DECEMBER 27, 2022

Boost Workplace Accountability. Organizations will need to prioritize broader social accountability, which includes hiring a diverse workforce to ensure your staff is representative of your increasingly diverse customer base. Food businesses will have to work hard to keep the lights on and deliver products (and promises) to customers.

Training 226

Training Budgeting Accounting Pricing 226

Hospitality Net

NOVEMBER 8, 2023

In the Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report the total construction pipeline stands at 579 projects/95,144 rooms at the close of Q3 2023. The region’s pipeline project counts are up slightly, at 6% year-over-year (YOY) by projects and 5% YOY by rooms.

Accounting 61

Accounting 61

EATER

JUNE 3, 2023

Screenshot via Official Livestream Congratulations to all the winners Tonight, the James Beard Foundation announced its Media Award winners for 2023. Eater is partnering with the James Beard Foundation to livestream the awards in 2023. Finalists were announced in April.

Book 106

Book Accounting Presentation Article 106

Serviced Apartments

JULY 14, 2023

Worldwide: In its latest business update, hotel franchisor Choice Hotels has revealed that the company grew its extended stay segment by 50 per cent during the first half of 2023.

Scheduling 52

Scheduling Accounting Marketing 52

Travel Booster

JUNE 11, 2023

Welcome to Travel Booster’s guide to the best CRM tools for travel agencies in 2023! TravelBooster’s List of Best CRM for Travel Agencies in 2023 Now that we’ve established the importance of CRM tools for travel agencies, let’s dive into the crème de la crème of 2023. Why Do Travel Agents Need CRM Tools?

Accounting 52

Accounting Information Book Communication 52

Revenue Hub

MARCH 23, 2023

Goldrich , to uncover the 12 trends that will transform how hotel marketing will function in 2023. TikTok is leading this segment on account of its powerful algorithm, which can deliver highly relevant, customized content quickly. These trends explored below just scratch the surface of what could be in store this year.

Marketing 78

Marketing Download Article Accounting 78

STAAH

JANUARY 17, 2023

But is it still relevant in 2023? As corporate travel is ambling back to normal, GDS is definitely very important for hoteliers in 2023. STAAH’s simple solution connects you to a system that connects to the big three GDSs, allowing you to manage all your GDS accounts from one platform. What benefits does GDS bring to hotels?

Book 82

Book Definition Accounting Property Management 82

eHotelier

JUNE 1, 2023

These openings, which were led by a dedicated, extended stay team, account for 732 new economy extended stay rooms from coast to coast and 1,414 total new rooms for the brand since the start of 2023, with nearly 38,000 rooms in the domestic pipeline. Choice Hotels International, Inc.,

Accounting 130

Accounting 130

Revenue Hub

NOVEMBER 30, 2022

With the industry still recovering from the pandemic and inflation impacting both revenues and operational costs, what should budget 2023 consider? The unprecedented volatility has made the task of budgeting for 2023 daunting. Get account-level projections. NB: This is an article from Staah. Get a handle on daily demand.

Budgeting 82

Budgeting Pricing Accounting Article 82

Hospitality Net

AUGUST 29, 2024

How have profits and revenues developed within a year (H1 2024 vs. H1 2023)? And what proportion do wage and labour costs account for? The occupancy rate reached 71% in the first half of 2024, up from 68% in H1 2023. Have operating costs and expenses increased? Labor costs recorded the strongest growth of 10% comp.

Marketing 90

Marketing Accounting 90

SiteMinder

OCTOBER 5, 2023

After another stellar edition in 2022, SiteMinder’s Partner of the Year Awards are back again in 2023. Trent Innes, Chief Growth Officer, SiteMinder Starting his career as an accountant, Trent saw first-hand the opportunity technology presents to growing and managing businesses.

Housekeeping 59

Housekeeping Catering Accounting Presentation 59

Hotel Business

MARCH 30, 2023

What’s Hot in Meetings and Events for 2023—Creating the Next Instagram Moment , a survey of Aimbridge U.S. Groups are holding the meeting planner accountable for building agendas that are healthy both physically in the space, but also mentally. “We

Catering 52

Catering Events Accounting Marketing 52