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While October showed signs of hope (YOY quick-service restaurant (QSR) traffic was positive for the first time in two years), we expect consumers will be cautious in 2025. In short, success in 2025 will depend on balancing quality, value, and experience. In 2024, restaurant traffic slowed while price sensitivity grew.
With so much already on your year-end plates, how can you find the time to lay the groundwork for team and business success in 2025? Focus on: Emerging Regulations : Revise the handbook to include new laws effective in 2025, such as minimum wage adjustments, paid leave requirements, or other regulatory updates.
Aptech, a leading provider of enterprise accounting, business intelligence, financial planning and management solutions for the hospitality industry, today announces that Baymahni Resort in the Bahamas has selected its PVNG accounting solution to manage the resort’s finances through its renovation and construction phase, as well as for ongoing operations (..)
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 2025. In 2025, restaurants need to have a plan in place that ensures they are effectively managing inventory and redirecting unused, still edible food to donations.
Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
Are you ready to elevate your accounting processes for 2025? This session will cover critical best practices and process improvements tailored specifically for accounting professionals. Learn actionable strategies to enhance efficiency, reduce errors, and leverage technology for smarter workflows.
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2025 is almost here, and one thing is clear for every restaurant owner. How to Excel at Google Reviews in 2025 In this landscape, waiting for good reviews to appear organically is no longer enough. This not only improves your customer experience but also reinforces a culture of accountability and excellence within your restaurant.
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This isn’t a dry accounting lesson—it’s a dynamic session designed to help you decode your numbers and turn financial data into a strategic advantage! May 13th, 2025 at 11:00 AM PDT, 2:00 PM EDT, 7:00 PM BST Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Register now!
Why OTAs Still Dominate in 2025 Fact: OTAs account for 52% of online hotel leisure sales (Source: Phocuswright ) in the USA, This makes them a key component of any distribution strategy, no matter how small or large the hotel is. The 3 Metasearch Giants in 2025 Google Hotel Ads – The #1 metasearch platform globally.
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PAS to Sponsor All Three 2025 Global Infor Hospitality Customer Days Events The hotel back office and accounting solutions expert and leading provider of Infor SunSystems and Infor EPM services worldwide will be available to share its expertise on efficiently deploying and managing both solutions.
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PAS, the preferred provider of back office and accounting solutions for the global hospitality industry and the leading provider of Infor SunSystems and Infor EPM services, is sponsoring all three of Infors upcoming global Hospitality Customer Days events.
The upper-upscale, upscale and upper-midscale chain scales account for 61% of projects and 64% of the rooms in the pipeline. Looking ahead, the LE forecast for new hotel openings expects an additional 339 new hotels with 72,518 rooms to open in 2025, followed by 337 new hotels with 65,668 rooms in 2026.
Combined, these three regions account for 44% of the projects and 34% of the rooms in the global hotel construction pipeline. Certainly, these two chain scales will have the most new hotel openings through 2025. In these years, the upscale and upper-midscale chain scales will account for 60-65% of the projected openings.
Furthermore,mobile is expected to account for half of all online bookings in the next couple of years. Its not just leisure travellers this impacts sustainability is a key issue for 65% of corporate travel policies, as hotels account for 30% of the emissions of an average business trip.
Following the recent signing of a Restructuring Support Agreement (RSA), Aimbridge Hospitality said that it is poised for a strong 2025 following a year of transformation. The post Aimbridge to ‘prioritize growth and results’ in 2025 appeared first on hotelbusiness.com. Smith, CEO, Aimbridge Hospitality.
hotel investment in 2025, driven by recent Federal Reserve rate cuts and robust operating performance in key markets. “As we head into 2025, we’re seeing a renewed sense of optimism among hotel investors,” said Zach Demuth, global head, hotels research, JLL. hotel sector. The post JLL survey: U.S.
According to Lodging Econometrics (LE) Q1 2025 U.S. These three chain scales account for approximately 75% of the projects in the total U.S. Projects starting construction during the first quarter of 2025 increased 21% by projects and 41% by rooms compared to Q4 2024 new-construction start totals. growth rate.
Looking ahead to 2025, these systems are poised to undergo even more transformative changes, driven by advancements in AI, cloud computing, and mobile technology. 10 Trends Shaping Restaurant POS Systems in 2025 In 2025, new trends and technologies will redefine how these systems function, adding to the customer experience.
External influences, such as seasonal fluctuations or macroeconomic developments, are also taken into account. in 2025, according to the Ifo Institute. in 2025, also according to the Ifo Institute. Read the full article at berner+becker The post Budgeting in Hotels: Theory, Practice and Outlook 2025! in 2024 and 1.5%
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Ontario dominates provincial hotel construction, accounting for 59% of projects and 61% of rooms countrywide with record counts of 193 projects/24,697 rooms. In 2025, LE is forecasting another 35 hotels (3,875) rooms to open, which will increase Canada’s supply totals by 1.1%. increase in supply.
The Hunter Hotel Investment Conference has revealed that John McKibbon III, founder of M3 and chairman of McKibbon Hospitality and McKibbon Places will be the 2025 recipient of the Hunter Conference Award for Excellence and Inspiration. Each year, the award honors a hotelier who exemplifies exceptional leadership, citizenship and innovation.
At the close of the quarter, projects under construction accounted for 41% of the total pipeline with 848 projects and 47% of the rooms in the pipeline with 196,408 rooms. In total, these three chain scales account for 1,261 projects totaling 260,178 rooms, or 60% of projects and 63% of rooms in APECs pipeline.
Overall, Scotland accounted for circa 7.50% of all UK hotel deals last year, the highest total outside of London. International capital, then, accounted for 60% from locations including the US, Sweden and the UAE. Scotland is, therefore, expected to remain one of the highest performing hotel markets outside of London in 2025.
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Ontario continues to lead by far in provincial development at the Q4 close, achieving historic highs with 200 projects/26,976 rooms, showing impressive growth of 16% by projects and 17% by rooms YOY and accounting for 60% of the countrys total pipeline. Manitoba has reached record highs of 14 projects/1,432 rooms.
The collaboration aims to tackle key operational challenges by automating accounts payable (AP) processes. MIAMI, FloridaReeco, an AI-driven procure-to-pay platform, announced its partnership withVision Hospitality Group, a hotel ownership and management company operating 42 properties across eight states.
The changes come into effect on 26 August 2024 for non-small business employers and 26 August 2025 for small business employers. Changes to casual employment A new definition of “casual employee” will be introduced to the Fair Work Act. All awards will be required to include a “right to disconnect” term by 26 August.
Geographically, Mexico (229 projects/35,975 rooms) and Brazil (103 projects/15,731 rooms) accounted for a significant 52% of the total project count and 50% of the room count. The Dominican Republic followed with an all-time high of 59 projects/14,407 rooms, then Colombia with 27 projects/3,671 rooms.
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Classic British Hotels, a provider of sales, marketing, and distribution solutions for independent hotels, has announced a successful first quarter of 2025, marked by the addition of four new hotel partners. Phillip Allsopp, managing director of Classic British Hotels, said: “We are thrilled to announce such a strong start to 2025.
With HIA, Peachtree gains advanced accounting capabilities, automations, and efficiencies from the ERP software. Features include intercompany functionality for simplified management company billing, approval workflows, a global chart of accounts and global vendor structure, and flexibility to control user access.
– Accountability: Hotels must be able to demonstrate compliance with GDPR. GDPR compliance in 2025 As we move into 2025, there are several emerging trends and regulatory updates that UK hotels should be aware of: Evolving technology: The use of AI, IoT, and big data in the hospitality industry is growing.
We’re not alone — market research company Frost & Sullivan projects that online/mobile ordering will be a $200 billion dollar industry by 2025. A year later, hackers were able to breach Dunkin Donuts online loyalty rewards program, stealing and subsequently selling thousands of user accounts on the dark web.
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Upscale and upper-midscale new-construction projects dominate the pipeline at Q2, accounting for 62% of the projects and 57% of the rooms in the total U.S. In 2024, 236 projects/24,281 rooms, and in 2025, 319 projects/32,798 rooms are forecast to open in the extended-stay segment. construction pipeline. hotel construction pipeline.
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