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Utilizing Automation to Maximize Your Restaurant’s Labor Efficiency in 2023

Modern Restaurant Management

This typically includes creating staff schedules based on sales forecasts, trimming labor during slow times, and providing managers with more control – and accountability. Optimizing Employee Schedules In the past, many WFM processes were done manually, in the form of written schedules and excel sheets.

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LE: Canada’s construction pipeline closes 2023 with a 10% YOY increase

Hotel Business

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.

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Hotel accounting: Your property’s comprehensive guide

SiteMinder

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).

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2023 Outlook: Trends and Challenges Restaurants Will See, Part Two

Modern Restaurant Management

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.

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Ultimate Restaurant Payroll Guide 2023

7 Shifts

Table of Contents This restaurant payroll guide will teach you: What payroll is How to create a payroll schedule Paperwork you'll need to run payroll How to calculate payroll payments and tax withholdings How to solve payroll tax issues What payroll records to keep How to choose the right payroll software What is restaurant payroll?

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Choice Hotels grows extended stay offering by 50 per cent H1 2023

Serviced Apartments

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.

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Forecast for new hotel openings in the Americas through 2025

Hotel Business

Combined, these three regions account for 44% of the projects and 34% of the rooms in the global hotel construction pipeline. In 2023, LE is forecasting the Americas region to open 718 new hotels having 92,498 rooms. In these years, the upscale and upper-midscale chain scales will account for 60-65% of the projected openings.