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In 2024, as a globally leading cloud-based hospitality technology solutions provider, we have solidified our position as a forerunner in the domain. In 2024, we made remarkable progress in empowering hotels to excel in a fiercely competitive environment, revolutionizing how they operate efficiently to drive overall growth.
Despite a general decline in dining frequency, families have shown resilience and an increased appetite for dining out, according to Revenue Management Solutions' Q1 Consumer Survey, “ Dining Dynamics in 2024: The Shifting Landscape of Consumer Tastes.” Strategies for Attracting Family Business Given a -2.1 Amp up your app.
The inaugural Top 30 Movers & Shakers in Catering2024 list recognizes the leaders and brands reshaping the catering landscape—those taking bold steps to drive innovation, growth, and a best-in-class experience for their guests. Today, we spotlight the catering innovators, leaders, and experts of tomorrow.
Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. An issue that may arise from this in 2024 is data privacy. Read the first part, here. For the second part, click here.
” According to a 2024 global survey by Lightspeed, 45 percent of consumers are taking part in solo sit-down meals, and a further 34 percent categorize the experience as a form of self care – citing the peace and quiet of the meal and the opportunity to partake in people-watching as top priorities to get out of the experience.
Tourplan, a software solution catering to tour operators and destination management companies, and Trip.com made their appearance on New Zealand top channel list for the first time. Airbnb saw a softening in preference, down six spots to number ten while STAAH GDS was the biggest gainer in the country, up four spots to number five.
The list recognizes top catering leaders from 30 brands, incuding Cava, Subway and Five Guys, who are drivers in one of 2024’s fastest-growing restaurant segments.
Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. Just as the transition to renewables and electric vehicles has thrived on collaborative efforts, we foresee more collaboration for the cultivated meat industry in 2024.
Dining habits Australians dined out an average of 41 times per year in 2024, which was an increase from 38 times in 2023. Delivery showed a 7 per cent year-on-year increase between 2023 and 2024, with customers ordering three times per month and spending $98. Tech platforms are saving operators between 1.5-2
Before diving into the future, lets take a moment to recap the key developments from 2024. 2024 hospitality trends recap 2024 saw a strong emphasis on digital transformation and sustainability. Hotels invested heavily in contactless technology, enhancing guest convenience and safety.
These trends reflect a broader shift towards faster, more efficient, and integrated payment solutions that cater to growing consumer demands for convenience, security, and personalization. This trend also supports the growth of customer loyalty programs which are predicted to continue increasing in popularity in 2025.
The innovations introduced in 2024 set the stage for progress, but 2025 is the time to move from experimentation to optimization. AI moves from nice-to-have to must-have Many QSRs experimented with AI-driven solutions in 2024, such as in-app chatbots and personalized order recommendations.
” Australians have increased their household spend at cafes, restaurants, and hotels by 72 per cent over the past 4 years, according to ABS data, but growth slowed in 2024 to 4.3 ” Overall, venues can cater to younger audiences by tailoring their menus to suit their needs. . research and data expert.
HRC, Hotel, Restaurant & Catering, returns to ExCeL London on 25-27 March for an immersive dive into the future of hospitality, offering invaluable networking opportunities, a chance to explore the very latest trends, and a firsthand look at the new innovations in foodservice.
Next month’s edition of The Hotel Show 2024 will preview the trends and techniques positioned to elevate excellence, efficiency, and environmental focus across the global hospitality sector.
The following series is filled with valuable insights from the country’s leading operators on everything from milestone moments to the impact of the cost-of-living crisis, what they’re tipping will be big in 2024, and the current staffing landscape. Watch this space, there are a lot of exciting things to come in 2024 for Australian Venue Co.
Upgraded Offerings in Catering and Hospitality – Customers are looking for upscale options and customization for special events. They are no longer content with unimaginative, expected offerings on catering menus. To learn more about the results, Modern Restaurant Management sought out LDEI’s Sharon Olson.
Pizza Ordering Predictions HungerRush released the results of a national dining survey on 2024 pizza ordering predictions for The Big Game (February 11) and National Pizza Day (February 9). Restaurateurs are not only investing in AI to address labor challenges – more established automation tools are also on the agenda in 2024.
Scotland saw hotel transaction volumes (sales of 1m+) reach 431m in 2024, up 38% on 2023 and considerably higher than the 10-year average of 282m, according to Savills. In terms of buyer profile, Savills figures showed that 40% of purchases in 2024 were from domestic buyers, a significant decrease on the 77% seen in 2023.
Look for these four dining trends in 2024 that cater to the newest generation of residents: Ingredients from Community Gardens Open Multi-Use Kitchens Restaurant-Inspired Efficiencies Giving Residents a Choice Ingredients from Community Gardens Younger residents enjoy knowing where their food came from and feeling connected to the community.
Why a POS System Is Essential in Today’s Hotel Landscape Running a hotel in 2024 involves much more than just managing rooms and housekeeping. In fact, cloud-based POS solutions now account for 64% of new POS implementations in the hospitality sector in 2024, up from 51% in 2022.
In this edition of MRM Research Roundup, we feature news about an influx of catering orders, the topic of tipping, the rise of kiosks and affordable Michelin restaurants. Among the highlights: On or Off Prem Same-store catering transactions increased +71 percent in Q4 2023 compared to Q4 2022.
Despite 93 percent of QSR operators indicating they raised prices in 2024, nearly two-thirds (64 percent) reported increased traffic across all dayparts, according to TransUnion’s QSR Industry Report: Bridging the Affordability and Profitability Gap.
This past October 2024, one of us (Larry) was honored with the invitation to deliver two keynote speeches on trends in luxury hotel development at the annual Italian Hospitality Investment Conference (ITHIC). Catering sales play a pivotal role in a venue like ours. This has forced every market participant to step up their game.
In 2024, the travel and tourism sector is leading the way in a revolutionary change toward customer-centric travel. This new paradigm places a strong emphasis on customized experiences and makes use of cutting-edge technology and creative services to cater to passengers’ changing wants.
After breaking ground in September 2024, the $420-million, 502-key resort is part of Driftwoods decade-long investment to elevate the region’s hospitality profile and meet increasing demand. The company also secured a $50 million credit facility from Amerant Bank at the holding company/fund level.
Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. We will rely heavily on the travel industry in 2024 to continue bringing us customers from local cities like Philadelphia, DC, Baltimore, New York, NJ, etc.
EU: From December 2022 to early 2024, The Hoxton will open seven hotels located in some of Europe’s key cities. The hotel’s 211 rooms will be spread across 10 townhouses with three additional ‘Hox Homes’ – a three-bedroom private apartment catering to longer stays. Edinburgh, summer 2023. Vienna, late 2023.
– Frenchie Audette, VP of Food Service at Divert In 2024, the restaurant industry continued to adjust to changes sparked by 2020. After a challenging 2024, it’s promising to see restaurant operators looking ahead to 2025 with optimism.
Consider these Hotel Food and Beverage trends for 2024 that highlight travelers’ demands for a casual experience that embraces local culture, flavors, and people: Local Cuisine Takes Spotlight. Hotels have frequently catered to the grab-and-go crowd with coffee counters and sandwich options. Technology gets Personal.
A 2024 guest insights survey by Oracle Hospitality revealed that 74% of travelers consider personalized entertainment options as a factor in choosing a hotel. Guests remember how you made them feel — and this tech makes them feel in control and catered to. Catering to both boosts cross-demographic appeal.
As 2024 draws to an end, it is important to note that technological advancements, changing business models, and shifting consumer expectations have greatly contributed to the restaurant industry over the past year. billion USD in 2024 , is projected to grow in the next five years.
From creating a welcoming ambiance to offering unique menu items, let’s explore the ways you can refine your restaurant's customer experience in 2024. Offer multiple payment options, including contactless and mobile payments, to cater to different customer preferences.
According to an IMG customer survey, 35 percent of families expected to take an intergenerational trip in 2024. Here’s how: Beach Vacations The beach appeals to intergenerational travelers because it caters to all activity levels. Accommodations can enhance both their guest experiences and their profits by embracing this trend.
Our Private Club Recruiters can find the top catering and event-planning professionals for your club. Subscribe to Our LinkedIn Newsletter The post Five Surprising Trends that Country Club Event Planners Need to Know About in 2024 appeared first on Horizon Hospitality. Contact us to learn more.
Recognizing the need to adapt and diversify, forward-thinking hoteliers are exploring new avenues to bolster their bottom line and enhance guest experiences in 2024. Offer pet services In an era where pets are increasingly considered as family members, catering to furry companions can be a lucrative niche.
Heading into 2024, these restaurants, caterers, and other foodservice providers are becoming increasingly aware of the importance that incorporating sustainable practices within their daily operations has on drawing in the growing masses of eco-conscious consumers.
HRC, Hotel Restaurant & Catering, will welcome the hospitality community back to ExCeL London on 25-27 March 2024 to connect, learn and meet with quality industry suppliers.
In the ever-evolving landscape of travel, the year 2024 holds a promise of transformative shifts that extend far beyond the conventional idea of accommodation. Hotels that prioritize health and wellness offerings, such as fitness facilities, spa services, and wellness programs, will stand out in 2024.
NB: This is an article from Userguest , one of our Expert Partners As we step into 2024, several key trends are set to redefine the landscape of hotels and accommodations. Attribute-Based Pricing Takes Centre Stage As personalised experiences become more sought after, attribute-based pricing is expected to dominate in 2024.
Now let's examine a few upcoming hotel trade events that you have to go to in the last few months of 2024. It is the fair for hotel and catering professionals par excellence. Look for new company ventures, growth prospects, and alliances. Why Attend?
The restaurant industry continued to grow in 2024 with sales forecasted to top $1 trillion for the first time in history, according to the National Restaurant Association’s 2024 State of the Restaurant Industry report. That means offering payment options that cater to their specific preferences and needs.
As we approach 2024, it’s evident that the industry is on the cusp of significant transformation. Let’s look at the emerging hospitality industry trends for 2024 and tips to help you remain competitive and deliver exceptional experiences to your guests.
Even though we’ve discussed ways to increase hotel revenue in previous posts, today we’re excited to share 8 innovative ideas for 2024 that will give your revenue a fresh boost. Offer Exclusive Packages and Promotions Create exclusive deals that cater to your guests’ interests and preferences.
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