Hotel Business

NOVEMBER 14, 2024

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.

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Hotelogix

FEBRUARY 17, 2025

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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Revenue Hub

SEPTEMBER 18, 2024

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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Hospitality Magazine

AUGUST 21, 2024

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.

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Hotel Owner

JANUARY 13, 2025

The hospitality industry accounted for 10% of administrations in 2024 the fourth highest sector in the UK according to analysis by full-service law firm Shakespeare Martineau. While many experts predict a potential easing of inflation in 2025, the overall landscape remains unpredictable.

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Modern Restaurant Management

FEBRUARY 7, 2025

More than eight in ten restaurant operators expect 2025 sales to meet or exceed 2024 levels, but rising competition will require differentiation through experience, service, and innovation, according to The National Restaurant Association’s 2025 State of the Restaurant Industry report.

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Modern Restaurant Management

JUNE 13, 2022

Starbucks recently announced that it aims to have every customer either use their own personal mug or cup or borrow a reusable cup from their local Starbucks — by 2025. According to the EPA , food and packaging/containers account for almost 45 percent of the materials in landfills in the United States.

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Hospitality Net

JANUARY 7, 2025

As we turn the calendar to 2025, hotel owners and operators are finalizing their annual budgets and ensuring they align with the latest market conditions.

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Hotel Business

NOVEMBER 20, 2024

In Q3 alone, 97 new full-service hotel projects were announced into the pipeline accounting for 13,968 rooms. This expansion trajectory is expected to accelerate, with 283 projects (41,444 rooms) slated to open in 2025, followed by a further increase to 343 projects (44,863 rooms) in 2026. Limited-service accounts for 81% of U.S.

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Modern Restaurant Management

MARCH 20, 2020

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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Hotel Business

JULY 28, 2023

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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Hotel Business

JULY 30, 2024

Extended-stay brands continue to remain popular with developers, accounting for 36% of the total projects under construction, 33% of projects scheduled to begin within the next 12 months and 34% of projects in the early planning stage. in 2025; and in 2026, the chain scales should have 3% and 2.6% growth, respectively.

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Scheduling Accounting 111

Hospitality Net

JANUARY 22, 2025

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.

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LimeTray

FEBRUARY 12, 2025

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.

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Hotel Business

NOVEMBER 8, 2024

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.

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Hotel Business

OCTOBER 18, 2024

trillion through 2025,” Schlosser said. Multifamily originations are the next most significant sector, with the two asset classes accounting for 80% of all credit transactions. Peachtree was ranked as the seventh-largest U.S. Notable credit transactions closed this year: $41.9

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HotelREZ

JANUARY 28, 2025

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.

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Hotel Business

JANUARY 28, 2025

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.

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Hotel Owner

AUGUST 24, 2023

It also stated that the United Kingdom, Germany, France, Portugal, and Turkey are expected to continue to lead Europe with the most hotels forecast to open through 2025. These five global franchises have accounted for 50% of the projects in Europe’s pipeline.

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Hotel Owner

JULY 31, 2024

UKHospitality has called changes to the Low Pay Commission’s (LPC) remit for 2025 “disruptive and unhelpful”, claiming that wages rates must strike an “affordable balance to help deliver growth for both businesses and staff”.

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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. Luxury, upper-upscale and upscale projects dominate the projects in the region’s total pipeline at Q4, accounting for 58% of the total projects and 64% of the total rooms.

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Hotel Owner

DECEMBER 5, 2022

respectively between 2022 and 2025, compared to a national average of 1.4% Over 30,000 new rooms have opened in the UK since the start of 2020, with regional UK accounting for 70% of this new supply. Of these five cities, Glasgow and Manchester are set to record the highest annual supply growth of 5.0% growth forecast.

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Modern Restaurant Management

NOVEMBER 12, 2020

Even before COVID-19, the food delivery industry was expected to grow from $43 billion in 2017 to $467 billion in 2025 – now it's expected to be $1 trillion by 2030. In fact, according to The Washington Post , it’s one of the only areas in the restaurant industry seeing growth right now. Flexibility Can Help You Reap Rewards.

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Hotel Owner

NOVEMBER 28, 2022

As COP 27 draws to a close, environmental risks dominate the headlines and climate-change-related risks account for three of the top risks by severity in the next 10 years. Be Accountable. Credible measurement and reporting are essential to be accountable and demonstrate year-on-year improvement. Commit Seriously.

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Accounting Communication Training Document 105

Hotel Business

APRIL 12, 2023

Full recovery following the pandemic appears likely by late 2024 or early 2025. International trips will account for a larger portion of the recovery this year: The international share of travel costs for U.S. However, international trips and live events are set to account for much of expected growth in 2023.

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Accounting Events Budgeting Pricing 111

EATER

NOVEMBER 6, 2020

Plus, restaurants might not recover until 2025, and more news to start your day A new study says food production is responsible for a third of global greenhouse gas production. The study accounted for presumed changes in efficiency to equipment, but also for potential changes in global diet. Shutterstock. Fox Business ].

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Hotel Owner

APRIL 24, 2023

Following the work, it said the CO2 emissions are expected to fall by 45% by 2025 across all the UK hotels. Karim Malak, CEO of EasyHotel, said: “The hotel industry accounts for about one percent of carbon emissions globally, and we have a collective responsibility to do all we can to reduce these emissions.

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Hotel Business

FEBRUARY 14, 2025

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.

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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 (..)

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Hospitality Net

JANUARY 7, 2025

The Global Finance Committee (GFC), a committee of diverse industry professionals sponsored by the Hospitality Financial and Technology Professionals and the American Hotel and Lodging Association is responsible for the production of the Uniform System of Accounts for the Lodging Industry (USALI).

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Hotel Business

JUNE 5, 2024

with 2,272 projects/341,854 rooms, accounting for 41% of the projects in the total global full-service pipeline, then China with 1,688 projects/414,323 rooms. These five countries, combined, account for 86% of the full-service projects in the total global pipeline. Distantly following is India with 334 projects/46,586 rooms.

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Revenue Hub

APRIL 14, 2023

Full recovery following the pandemic appears likely by late 2024 or early 2025. International trips will account for a larger portion of the recovery this year: The international share of travel costs for U.S. However, international trips and live events are set to account for much of expected growth in 2023. One-third of U.S.

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Hotel Business

AUGUST 16, 2024

Projects planned to start construction in the next 12 months account for 412 projects/59,850 rooms, making up 25% of the projects and 24% of the rooms. Projects in the early planning stage comprise 513 projects/71,696 rooms, accounting for 31% of the projects and 29% of the rooms in the total pipeline.

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Hotel Business

DECEMBER 12, 2024

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.

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Modern Restaurant Management

MARCH 24, 2020

With the restaurant market expecting to exceed $22 billion by 2025 , the high volume of cash and credit cards that pass through a restaurant each day make a POS system a necessity rather than a convenience. Modern-day point-of-sale software functions on its ability to integrate.

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Hotel Business

NOVEMBER 13, 2024

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. Projects in the early planning stage comprise 508 projects/72,329 rooms, accounting for 31% of the projects and 29% of the rooms in the total pipeline.

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Hotel Owner

JANUARY 7, 2025

The rise was largely driven by portfolio transactions, which accounted for 57% (3.6bn) of investment volumes and saw more than 20,000 hotel bedrooms acquired by private equity or overseas buyers, who accounted for more than three quarters (75%) of total capital deployed.

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