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R&CA slams Federal Government’s Budget: “Inhospitable”

Hospitality Magazine

Restaurant & Catering Australia has commented on the Albanese Goverment’s Federal Budget, stating it has “missed an opportunity to assist a sector that is already in pain” Treasurer Dr Jim Chalmers handed down the 2024-2025 Budget on Tuesday, with hospitality businesses set to benefit from just a handful of policies.

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Budget reaction: Rising costs ‘latest blow’ to hospitality’s recovery

Hotel Owner

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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Spring Budget 2024: How it will affect hospitality businesses

Serviced Apartments

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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The Ultimate Guide to Local Restaurant Marketing 2025

7 Shifts

By focusing your ads on local users, you make your marketing budget more effective. Offer catering or delivery services for local businesses Becoming the go-to lunch option for local businesses is an effective restaurant marketing strategy to establish a steady stream of regular orders.

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Today’s news in brief – 8/10/24

Hotel Owner

The Devonshire Suite offers functionality for both work and relaxation, while the two-bedroom Bishopsgate Suite caters to families with personalised children’s amenities. 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.

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David Hayden on the Mercure and Ibis London Earls Court rebrand

Hotel Owner

The introduction of the Mercure brand into the property aimed to resolve this issue by catering to a more upscale clientele, while maintaining the affordability that Ibis is known for. However, the work is far from complete, with plans to finish the remaining Mercure rooms and further develop the conference center by mid-2025.

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Today’s news in brief – 16/10/23

Hotel Owner

The collection aims to create a curated, invitation-only luxury community where each hotel offers tailored service, emphasising the five elements of hospitality, authenticity, inclusivity, innovation, and sustainability, catering to the desires of modern luxury travellers.