Modern Restaurant Management

DECEMBER 17, 2024

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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Hotel Owner

APRIL 5, 2023

UK lifestyle aparthotel brand Native Places has unveiled “ambitious” growth plans, with the opening of five new hotels lined up over the next two years as part of a “committed” 2025 vision. The group’s 2025 vision follows a successful year where revenue was 4% higher than predicted in 2022, with direct bookings up 24.2% day to 2.5-3

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Revenue Hub

DECEMBER 16, 2024

NB: This is an article from UP Hotel Agency Subscribe to our weekly newsletter and stay up to date Well, I guess its time to start waving the magic digital wand for 2025. The next article will look into top ways to allocate your marketing budget in 2025. Why not spend uncapped while your CPA remains below that of an OTA.

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Hospitality Net

NOVEMBER 18, 2024

As 2024 draws to a close, there is strong sentiment from the global business travel industry that the year outperformed expectations, paving the way for increased budgets, strategic investments and growth initiatives for 2025.

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Hospitality Net

AUGUST 29, 2024

Whether you’re crafting your first budget or fine-tuning your twentieth, there are two key line items that hotel marketers frequently overlook:

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Hospitality Net

NOVEMBER 4, 2024

With the 2025 budgeting season in hospitality underway, it’s not too late to compare marketing spend in hospitality to the broader economy. As per Gartner CMO Spend Survey, the average 2024 marketing budgets are 7.7% of total revenue, the lowest post-pandemic spend.

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Modern Restaurant Management

DECEMBER 21, 2020

Indeed, what the restaurant industry thought was on the horizon for 2025 will be implemented in 2021. Current technology allows them to start small with proof of concept and then ramp up to meet both needs and budgets. In reacting to COVID-19 the critical role and importance of technology saw a rapid acceleration.

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Hospitality Net

SEPTEMBER 24, 2024

Hotel budget season is upon us, and the hotel industry remains fixated on the usual concerns and challenges that are repeated throughout the year, such as the need for improved labor efficiency, strategies to reduce wasteful spending, technology to manage operations, and innovations to optimize revenue.

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Hospitality Net

OCTOBER 24, 2024

The property formerly operated as the budget hotel "Century Antwerp" and will see a&o invest 4 million euros in renovations between now and early 2025 as the company adds it’s 41st opening to locations in 11 European countries.

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Serviced Apartments

OCTOBER 31, 2024

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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Hotel Owner

OCTOBER 30, 2024

The Chancellor Rachel Reeves has increased employers’ national insurance contributions in a bid to help raise as much as £40bn in taxes, pledging to also boost long-term growth and “mark an end to short term-ism” as part of Labour’s first budget since it came into power. an hour from April, up from the current pay of £11.44. from £8.60

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Serviced Apartments

MARCH 6, 2024

UK: In the Spring Budget 2024, Chancellor Jeremy Hunt revealed the government will freeze alcohol duty and cut National Insurance, as well as raise the VAT threshold for small businesses to £90,000. In today’s Spring Budget, Hunt outlined plans to increase the VAT registration threshold from £85,000 to £90,000 for small businesses.

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Hotel Owner

OCTOBER 31, 2024

The hospitality industry has criticised chancellor, Rachel Reeves’ first budget, with UKHospitality claiming it is the “latest blow” to the sector’s recovery. She also confirmed the continuation of the business rates relief from April 2025 for hospitality venues, but at a lower rate of 40% instead of the current 75%.

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Hotel Owner

NOVEMBER 17, 2022

in 2025 and 2.7% Other measures announced in the budget include: . A £3.3bn increase the NHS budget over the next two years. From April 2025, electric cars will no longer be exempt from Vehicle Excise Duty. Defence budget to remain at least 2% of GDP. Defence budget to remain at least 2% of GDP.

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Modern Restaurant Management

NOVEMBER 12, 2024

A Critical Time for Restaurants to Address Severe Weather Preparedness As 2025 approaches and restaurants begin to outline operation protocols, emergency preparedness must be included in their budget and operations planning.

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Hotel Owner

MARCH 6, 2024

Chancellor Jeremy Hunt has announced a further 2p cut to National Insurance falling from 10% to 8% from 6 April, as part of his Spring Budget for “long-term growth”. This cut to National Insurance follows the 2p cut announced by Hunt in the Autumn Budget last year. The level of corporation tax was also left unchanged. this year and 1.9%

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Hotel Owner

MARCH 7, 2024

The Bristol Hoteliers Association (BHA) has expressed its frustration at the outcome of the Spring Budget, saying that the government has once again left businesses “out in the cold” to face extremely challenging times with little support.

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Hospitality Net

MAY 2, 2023

In Spring 2025, The Elsby Hotel will debut as a full-service, 82-room boutique hotel in the heart of New Albany, IN. With a total development budget of $29 million, renovation and new construction will begin in late Spring 2023. Jacob Resch, property and project manager, estimates the creation of up to 100 new jobs.

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Lithos POS

NOVEMBER 25, 2024

Are you worried that new retail trends in 2025 could threaten your growth and market dominance in your retail business? In this blog, we’ll explore the key retail trends for 2025 and how LithosPOS , the leading POS software solution , can help you stay on top. Key Retail Trends for 2025 1.

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Hotel Owner

JANUARY 2, 2024

Prime minister Rishi Sunak must call a General Election before 28 January 2025, five years since the current Parliament first sat. The government has also confirmed that chancellor Jeremy Hunt will deliver his Spring budget on 6 March 2024.

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7 Shifts

OCTOBER 22, 2024

By focusing your ads on local users, you make your marketing budget more effective. It’s especially useful for local restaurant marketing because it guarantees your ads are seen by people who are within range to physically visit your business. Google Ads allows you to set specific location parameters for your ads.

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

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Hotel Owner

OCTOBER 8, 2024

SimpsInns has announced a £3m investment to build a sea-view spa at The Waterside Hotel in West Kilbride, Ayrshire, set to open in spring 2025. This move ensures that the hotel can be completed swiftly without further strain on the council’s budget. Approval for the sale is expected in mid-October.

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Hotel Owner

OCTOBER 16, 2023

Budget operator EasyHotel reported a significant revenue increase in the first half of the year, with a 45% rise in Revenue Per Available Room (RevPAR) across its properties. Their offerings focus on quality, budget-friendly, and eco-friendly accommodations, making them attractive to a wider audience.

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Revenue Hub

AUGUST 1, 2024

NB: This is an article from Triptease , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date Google has announced that their planned removal of commission bidding on metasearch will be pushed back from October 2024 to February 2025. Who does the CPC model work best for?

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Hotel Owner

OCTOBER 21, 2024

Jill Anderson, Whitbread’s acquisitions manager, noted the company’s expertise in transforming office buildings into budget hotels, emphasising the environmental benefits of repurposing existing structures. Additionally, Garner will debut in Vienna, Maastricht, and Istanbul by 2025.

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Modern Restaurant Management

DECEMBER 16, 2024

Following a year of turbulent hiring trends , inflated expenses, and uncertain demand, 2025 could be the “year of retention” for restaurants. Heading into 2025, restaurants can take advantage of a particular class of workers to bolster their retention efforts: seasonal hires.

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Revenue Hub

DECEMBER 20, 2024

Without wishing away the end of the year too quickly, we are already looking ahead and would like to share our insights on optimal timing to launch New Year marketing campaigns that will maximise direct bookings and revenue in 2025. Launching campaigns earlier in this crucial window can lead to higher revenue potential.

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Serviced Apartments

APRIL 4, 2023

This follows the company’s performance for F&B in 2022 achieving 12 per cent above budgeted revenues. The post Native Places to open five new aparthotels by 2025 appeared first on Serviced Apartment News.

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Modern Restaurant Management

NOVEMBER 27, 2024

An 'Out of the Ordinary' Year for Independents 2024 was an “out of the ordinary” year for independent restaurants, according to TouchBistro's 2025 State of Restaurants Report. percent, adding 210,300 jobs over the year, according to T7shifts' annual Restaurant Workforce Report for 2025.

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Hotel Owner

OCTOBER 10, 2024

However, the work is far from complete, with plans to finish the remaining Mercure rooms and further develop the conference center by mid-2025. Looking to the future With the project set to be fully completed by mid-2025, Hayden is optimistic about the future of the Mercure and Ibis London Earls Court Hotel.

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Hotel Owner

NOVEMBER 28, 2024

The recent Budget confirmed that the National Living Wage will increase by 6.7% from April 2025, following the 10% increase in April 2024, increasing costs by £12m. As a result, the group estimates the combined impact of these wage cost changes to Travelodge in 2025 to be £21m. 9 million.

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Hotel Owner

DECEMBER 18, 2024

Namely this includes the budget changes set to come in in April and the Employment Rights Bill. Moseley added: This backdrop will create consolidation opportunities for operators looking to strengthen market position through strategic acquisitions and bring efficiencies to respond to the budget measures.

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Hotel Business

DECEMBER 20, 2024

Americans are eager to explore in 2025, with plans to spend significantly more and take more trips in the year ahead as the average vacation budget climbs to $5,051 and travel frequency rises to 4.1 A quarterly examination of the evolving habits, preferences and behaviors of todays U.S. trips per person.

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Modern Restaurant Management

OCTOBER 30, 2024

United States : Operators are focusing on deal strategies that help consumers manage tight budgets without pushing them to trade down from premium occasions. "For 2025, we believe restaurants will continue to use the price lever as part of their value proposition, but it can’t be the only lever.

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Hotel Owner

DECEMBER 18, 2024

Following the autumn budget announcement, Dalata now estimates that the increased minimum wage rates in Ireland and the UK will push hotel payroll by roughly 5% in 2025 on a like-for-like basis. Dermot Crowley, CEO of Dalata, said: I look forward to 2025 with optimism. In addition, the hotel group expects RevPAR to be around 3.5%

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Hotel Business

APRIL 12, 2023

-based and European executives with travel budget oversight, fielded between Feb. Full recovery following the pandemic appears likely by late 2024 or early 2025. and 45% in Europe say they are in the process of implementing a structure to assign carbon-emission budgets to teams alongside financial budgets.

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