Hospitality Net

AUGUST 14, 2024

As seen in Lodging Econometrics’ (LE’s) Q2 2024 Hotel Construction Pipeline Trend Report for China, the country’s hotel construction pipeline has reached unprecedented heights at the close of the second quarter.

Scheduling 74

Scheduling Accounting 74

Hotel Business

JULY 30, 2024

As seen in the Q2 2024 U.S. LE expects that as interest rates begin to decline, projects scheduled to start in the next 12 months will move to under construction rather quickly. during the first and second quarters of 2024. and upper-midscale by 2% in 2024; both chain scales are expected to grow by 2.3%

Scheduling 106

Scheduling Accounting 106

Hotel Business

NOVEMBER 20, 2024

In Q3 alone, 97 new full-service hotel projects were announced into the pipeline accounting for 13,968 rooms. According to LE’s projections, this segment is poised for continued growth, with 235 new full-service projects totaling 35,416 rooms scheduled to open for all of 2024. Limited-service accounts for 81% of U.S.

Accounting 111

Accounting Scheduling Presentation Marketing 111

Hotel Business

NOVEMBER 8, 2024

The hotel development pipeline across the Asia-Pacific, excluding China, region (APEC) continued its notable growth trajectory through the third quarter of 2024, according to the latest Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE).

Accounting 98

Accounting Scheduling 98

Hotel Business

AUGUST 7, 2024

The Q2 2024 Canada Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that at the close of the quarter, there are 322 projects/40,297 rooms in the country’s total pipeline. Next is British Columbia with a record-high 59 projects, accounting for 8,439 rooms. new supply growth rate increase.

Accounting 59

Accounting Scheduling 59

Modern Restaurant Management

JANUARY 31, 2024

Will 2024 be a comeback year for restaurants? Despite challenges including inventory costs, commission fees and staff turnover, many restaurant owners are expressing optimism about moving forward, according to TouchBistro’s 2024 State of Restaurants Report. I think automation will be the biggest trend of 2024.

Multi-Unit Operations 203

Multi-Unit Operations Bookkeeping POS Systems Pricing 203

Modern Restaurant Management

DECEMBER 28, 2023

Restaurant industry insiders offer their insights on F&B trends we can expect to see in 2024. 2023 Trends at a Glance Persistent Planners : When life gets busy, DoorDash’s schedule ahead feature makes it even easier to check everything off your list and ensure it arrives right when you need it.

Reservations 189

Reservations Marketing Download Scheduling 189

7 Shifts

JULY 20, 2024

or 70% This means that the restaurant's prime costs account for 70% of its total sales. Additionally, use restaurant scheduling software to match staff levels to customer demand, avoiding overstaffing during slow periods. Having the right schedule ensures you aren’t paying employees to stand around when business is slow.

Scheduling 88

Scheduling Pricing Budgeting Information 88

Hotel Business

JANUARY 30, 2024

At Q4, projects currently in the under construction stage account for nearly half of the projects and rooms in Latin America’s total pipeline. Projects scheduled to start construction in the next 12 months are at 172 projects/27,625 rooms, up 9% by projects and 16% by rooms YOY.

Accounting 95

Accounting Scheduling 95

Hotel Business

NOVEMBER 16, 2023

However, in 2024, meeting, professional event and convention spending is projected to increase alongside in-person demand, according to a recent survey from American Express Global Business Travel. Nine are currently under construction, another 13 are scheduled to start in the next 12 months and 16 projects are in early planning.

Marketing 122

Marketing Scheduling Events Accounting 122

Hotel Business

JULY 28, 2023

Projects scheduled to start construction in the next 12 months saw an 11% increase in projects and 12% increase in rooms YOY, to stand at 2,232 projects/260,595 rooms at the close of the second quarter. In 2024, 236 projects/24,281 rooms, and in 2025, 319 projects/32,798 rooms are forecast to open in the extended-stay segment.

Accounting 98

Accounting Scheduling 98

Hotel Business

JANUARY 24, 2023

Construction Pipeline Trend Report from Lodging Econometrics (LE), the market with the largest hotel construction pipeline by projects is Dallas with a record high count of 176 projects, accounting for 20,790 rooms. In 2024, Atlanta is forecast to open the most new hotels, with 26 projects/3,881 rooms, for a 3.4% growth rate.

Scheduling 103

Scheduling Accounting Marketing 103

STAAH

OCTOBER 1, 2024

Bonus: Social Media Trends You Need to Know (September 2024 Edition) Here’s how you can effectively utilize your social media presence across various platforms: What is Social Media Marketing for Hotels? Content Calendar: Plan and schedule your posts to maintain a consistent online presence.

Marketing 103

Marketing Events Scheduling Accounting 103

Hotel Business

MAY 1, 2023

Dallas has the most projects scheduled to start in the next 12 months with 70 projects/8,076 rooms, followed by Atlanta with 61 projects/7,464 rooms, Los Angeles with 45 projects/6,894 rooms, Phoenix with 45 projects/5,472 rooms, and then the Inland Empire with 41 projects/4,173 rooms. The post LE: Combined top 25 U.S.

Marketing 105

Marketing Market Forecasting Scheduling Accounting 105

Hotel Business

NOVEMBER 13, 2024

According to the Q3 2024 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that the region’s total pipeline stands at 1,645 projects/244,548 rooms. Projects scheduled to start construction in the next 12 months account for 399 projects/57,828 rooms, making up 24% of both projects and rooms.

Accounting 59

Accounting Scheduling 59

Hotel Business

MAY 29, 2024

According to LE’s Q1 2024 Market Trend Report for the New York market, analysts report the market has a total of 78 projects/13,549 rooms in the hotel construction pipeline, the 10th largest pipeline by projects of any market in the U.S. During the first quarter of 2024, the New York market outpaced all others in the U.S.

Marketing 64

Marketing Accounting Presentation Scheduling 64

Hotel Business

OCTOBER 31, 2024

Lodging Econometrics’ (LE) Q3 2024 Latin America Construction Pipeline Trend report signals growth for the region’s hospitality industry. At the close of Q3 2024, Latin America had 269 projects with 47,151 rooms under construction, reflecting a 10% YoY rise in both metrics.

Scheduling 59

Scheduling Accounting 59

Hotel Business

AUGUST 16, 2024

In the Q2 2024 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts report the region’s total pipeline stands at 1,680 projects/249,454 rooms at the quarter’s close. The upscale chain scale leads with 358 projects/55,936 rooms, accounting for 21% of the pipeline.

Accounting 64

Accounting Scheduling 64

Hotel Business

APRIL 24, 2024

As seen in the Q1 2024 U.S. These brands now account for 37% of the total projects under construction, 41% of projects scheduled to begin within the next 12 months and 39% of projects in the early planning stage. LE analysts anticipate this robust conversion and renovation activity to continue throughout 2024.

Scheduling 64

Scheduling Accounting Presentation Marketing 64

Hotel Business

JUNE 5, 2024

The Q1 2024 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that the total global pipeline hit an all-time high for room counts and highlights a significant increase in full-service projects at the close of the first quarter. Distantly following is India with 334 projects/46,586 rooms.

Accounting 59

Accounting Scheduling 59

Hotel Business

APRIL 27, 2023

Projects scheduled to start construction in the next 12 months are at 2,060 projects/241,568 rooms, each up 8% YOY. Projects in the early planning stage account for 44% of the projects in the total U.S. construction pipeline at Q1. Early planning projects increased 10% YOY, setting an all-time high of 2,434 projects/276,274 rooms.

Scheduling 98

Scheduling Accounting 98

Hotel Business

JULY 11, 2024

A newly revised edition of the Uniform System of Accounts for the Lodging Industry (USALI) is now available, published by Hospitality Financial and Technology Professionals (HFTP). ” Periodically, the USALI undergoes revision to align with the evolving landscape of hotel operations and accounting standards. and around the world.”

Scheduling 59

Scheduling Accounting Presentation Information 59

Hotel Business

MAY 16, 2024

According to the Q1 2024 Hotel Construction Pipeline Trend Report for Europe from Lodging Econometrics (LE), the region’s total pipeline stands at 1,705 projects/253,777 rooms at the close of the first quarter. These three chain scales account for 55% of the projects in the region’s total construction pipeline.

Accounting 59

Accounting Scheduling 59

Hotel Business

OCTOBER 29, 2024

According to the Q3 2024 U.S. These top five markets combined account for 732 projects/88,904 rooms. Dallas, with 73 projects/8,708 rooms, has the most projects scheduled to start in the next 12 months. During the third quarter, 401 new project announcements (NPAs), accounting for 42,413 rooms, were revealed.

Accounting 59

Accounting Marketing Scheduling 59

Hotel Business

MAY 7, 2024

At the close of Q1 2024, the total hotel construction pipeline in Latin America stands at 604 projects and 100,990 rooms, marking an 11% increase in projects and a 12% increase in rooms year-over-year (YOY). These three countries account for 61% of the projects in the total pipeline and 62% of the rooms.

Accounting 64

Accounting Scheduling 64

Hotel Business

NOVEMBER 18, 2024

As seen in the Q3 2024 Middle East Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) , the hotel construction pipeline in the region shows upward momentum, standing at 610 projects/149,686 rooms, up 4% by projects and 7% by rooms year-over-year (YOY).

Accounting 59

Accounting Scheduling 59

Hotel Business

AUGUST 21, 2024

The Q2 2024 Middle East Hotel Construction Pipeline Trend Report from Lodging Econometrics reveals that hotel construction projects in the region have reached 607 projects with 147,088 rooms at the quarter’s close. In the first half of 2024, 35 new hotels with 6,308 rooms opened in the Middle East.

Scheduling 59

Scheduling Accounting 59

Hotel Business

FEBRUARY 15, 2024

With remote work, flexible schedules and an increased desire for more home-like atmospheres, the extended-stay segment has experienced unprecedented growth in the U.S. In Q4 2023, middle-tier extended-stay brands significantly influenced the segment, accounting for 1,467 projects/139,092 rooms. At the close of Q4 2023, the total U.S.

Accounting 72

Accounting Scheduling Catering Information 72

Hotel Business

JULY 31, 2024

According to the recent Q2 2024 U.S. However, Phoenix’s projects account for more rooms at 3,993, compared to Nashville’s 3,049 rooms. At Q2, Dallas, with 73 projects/8,787 rooms, has the most projects scheduled to start in the next 12 months. during the first and second quarter of 2024. Of the top 50 markets in the U.S.,

Accounting 64

Accounting Marketing Scheduling 64

Hotel Business

AUGUST 12, 2024

In the Q2 2024 Asia-Pacific, excluding China (APEC), Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total pipeline in APEC has hit a record 2,056 projects with 406,118 rooms, marking a 6% increase in projects and a 1% rise in rooms year-over-year (YOY).

Accounting 59

Accounting Scheduling 59

Hotel Business

AUGUST 15, 2024

As seen in Lodging Econometrics’ (LE’s) Q2 2024 Hotel Construction Pipeline Trend Report for China, the country’s hotel construction pipeline has reached unprecedented heights at the close of the second quarter. At Q2, three chain scales account for an impressive 69% of the projects and 65% of the rooms in China’s total pipeline.

Accounting 59

Accounting Scheduling 59

Hotel Business

FEBRUARY 29, 2024

Projects scheduled to start construction in the next 12 months stand at 3,850 projects/536,588 rooms, for a 7% increase by projects and a 5% increase by rooms YOY. Globally, during 2023, 1,978 new hotels opened, accounting for 292,380 rooms. Following the U.S. is China, reaching an all-time high of 3,788 projects with 691,772 rooms.

Accounting 64

Accounting Scheduling 64

Hotel Business

JUNE 18, 2024

The Q1 2024 LE Market Trend Report for the market highlights that Charlotte has a total of 67 hotel projects and 7,772 rooms in the construction pipeline, positioning it 15th among the top 25 U.S. Combined, these two chain scales account for 44 projects/5,007 rooms. markets by project counts. supply growth rate by rooms.

Scheduling 59

Scheduling Accounting Marketing 59

7 Shifts

SEPTEMBER 6, 2024

For example, if your restaurant sells an average of 200 burgers per week and each burger requires one patty, you might set a par level of 250 patties to account for fluctuations in demand. Once you have this data, consider factors like delivery schedules, shelf life, and seasonal variations.

Portion Control 78

Portion Control Pricing L&D POS Systems 78

7 Shifts

AUGUST 9, 2024

This post is adapted from our “What Restaurant Employees Want” report, originally published in May 2024. But as the restaurant industry evolves, employees demand the benefits of the traditional 9-to-5 job, such as health insurance, paid sick days, vacation, retirement accounts, and more.

Scheduling 78

Scheduling Download Catering Accounting 78

Hotel Business

MAY 15, 2024

The Q1 2024 Hotel Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE) reveals, at Q1, the hotel construction pipeline in the region increased to 612 projects/144,222 rooms, up 5% by projects year-over-year (YOY). At Q1 2024, projects currently under construction stand at 302 projects/80,589 rooms.

Scheduling 59

Scheduling Accounting 59

Hotel Business

AUGUST 30, 2023

Worldwide, at the close of the second quarter, there are 6,154 projects/1,108,498 rooms under construction; 3,679 projects/506,760 rooms scheduled to start within the next 12 months; and 4,739 projects/694,980 rooms in the early planning stage. In 2024, new openings are forecast to reach 2,674 hotels, accounting for 415,699 rooms.

Accounting 59

Accounting Scheduling Marketing 59