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Nine Critical HR and Payroll Steps to Prepare Your Restaurant for 2025

Modern Restaurant Management

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.

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Budgeting in Hotels: Theory, Practice and Outlook 2025!

Revenue Hub

Budgeting in hotels is one of the core tasks of revenue management and plays a crucial role in managing operational and financial efficiency. The budget serves as the basis for financial planning, control, and decision-making. Theoretical Foundations of Hotel Budgeting A budget primarily serves to plan and control a company’s finances.

Budgeting 104
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2025 Outlook: Experts Weigh In on Restaurant Trends and Challenges, Part One

Modern Restaurant Management

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.

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UK Budget to raise taxes by £40bn: Hospitality industry reacts

Serviced Apartments

Reading Time: 7 minutes UK: UK Chancellor Rachel Reeves MP has delivered a Labour Budget for the first time in 14 years as the government warned of “difficult” decisions to “restore economic stability” and plug a £22 billion black hole in public finances that was estimated by the Office for Budget Responsibility [OBR]. an hour [a 6.7

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Deloitte: Business travel begins to take off

Hotel Business

-based and European executives with travel budget oversight, fielded between Feb. 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. Corporate travel spend across the U.S.

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UKH calls new LPC 2025 remit ‘disruptive and unhelpful’

Hotel Owner

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”. After all, this is the basis upon which hospitality businesses have been planning and budgeting. “As

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The Ultimate Guide to Local Restaurant Marketing 2025

7 Shifts

By focusing your ads on local users, you make your marketing budget more effective. Reach out and propose a collaboration, such as a sponsored post or a takeover of your restaurant's social media account. Google Ads allows you to set specific location parameters for your ads.