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 16, 2023

The group adopts a pay-on-performance model, prioritising results-based pricing over fixed costs to ensure measurable ROI. 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.

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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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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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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 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. travel buyers surveyed report favorable airline pricing on positive volume expectations, compared to 54% of those in Europe. in 2023, up from fifth in 2022.

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Revenue Hub

FEBRUARY 20, 2024

Additionally, Google has announced that reconciliation for commissions per stay will be available for nine months post-deprecation (until July 31, 2025) providing hotels with ample time to manage any outstanding commission-based transactions. What does this mean for your hotel? First, it’s essential to understand the need for this transition.

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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 Owner

DECEMBER 12, 2024

Two luxury hotels are set to open in February 2025. upgrade of 53 Courtyard Bedrooms , set for completion in May 2025. A survey by BWH Hotels reveals financial struggles due to the October Budget. Complimentary transfers to nearby clubhouses and helipads enhance its appeal.

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Hotel Business

JANUARY 23, 2023

According to the report, last year consumers were willing to stretch their budget for their holiday plans, with 86% of travelers planning on spending the same amount or more on international travel than in 2019, with U.S. tourists leading the list as big spenders. .”

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Revenue Hub

APRIL 14, 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. travel buyers surveyed report favorable airline pricing on positive volume expectations, compared to 54% of those in Europe. One-third of U.S. Regionally, 63% of U.S.

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Hotel Owner

NOVEMBER 29, 2024

Despite nervousness in the lead up to the Budget and US election, which saw consumers hold back on retail spending and eating and drinking out, it didn’t cause them to cancel their staycation plans. in Q4 and then to accelerate in 2025 as an uptick in government spending provides a tailwind, and consumer spending continues to improve.

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Revenue Hub

AUGUST 28, 2024

The start of a new year brings fresh budgets, resolutions to reconnect with loved ones, and newly engaged couples plotting their nuptials. As we anticipate further economic pressures in 2025, strategic investment in advanced event management software will be paramount.

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Hotel Owner

NOVEMBER 25, 2024

Edinburgh has been one of the few markets to still achieve double-digit pricing growth year over year after experiencing robust growth in 2023. However, considering its historical trend, especially since the oil price crash in 2015, hotels in the Granite City have fared relatively well in the past 12 months.

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Serviced Apartments

JULY 18, 2024

Reading Time: 2 minutes US: A Deloitte study on 2024 corporate travel in the US reveals that amid steady growth, companies are challenged to balance face-to-face meetings with steep pricing and sustainability considerations. The 2024 report draws on two Deloitte surveys.

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SiteMinder

SEPTEMBER 17, 2024

Soon, it will be enhanced with dynamic pricing recommendations from IDeaS, a SAS company and the world’s leading provider of revenue management software and services. When you’re trying to maximise revenue, you need to know the markets that your income is coming from so you don’t splash your marketing budget everywhere.

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Smart Brief Hospitality

MARCH 17, 2023

Additionally, 62% of corporate travel managers predict that their companies’ eco-friendly initiatives will result in a reduction in travel of over 25% by 2025. It’s important to note that consumers’ travel budgets have decreased since 2021, with one in seven travelers currently saving up for an overseas trip.

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The Restaurant Times

AUGUST 11, 2021

The Indian beer market is projected to grow at a Compound Annual Growth Rate (CAGR) of around 11 percent in the forecasted period of 2021-2025, as per the market report Globe Newswire. . You can choose to serve and brew your beer according to what your budget allows. . Microbreweries.

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The Restaurant Times

AUGUST 11, 2021

The Indian beer market is projected to grow at a Compound Annual Growth Rate (CAGR) of around 11 percent in the forecasted period of 2021-2025, as per the market report Globe Newswire. . You can choose to serve and brew your beer according to what your budget allows. . Microbreweries.

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Hotel Owner

SEPTEMBER 20, 2024

A final draft of the levy scheme is expected to be presented for approval in early 2025. The city plans to use a portion of the income to secure £70m in borrowing to address Edinburgh’s growing housing crisis, a pressing issue exacerbated by rising house prices and short-term rental platforms.

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Smart Brief Hospitality

MARCH 17, 2023

Additionally, 62% of corporate travel managers predict that their companies’ eco-friendly initiatives will result in a reduction in travel of over 25% by 2025. It’s important to note that consumers’ travel budgets have decreased since 2021, with one in seven travelers currently saving up for an overseas trip.

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Boutique Hotel News

JANUARY 27, 2023

A good example of this was the ill-fated ‘mini budget’ announced by then-UK chancellor Kwasi Kwarteng, which saw not only billions wiped off UK share prices, but a sharp drop in the value of the pound compared with the dollar and the euro. When the UK recorded a 41-year high rate of 11.1

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Smart Brief Hospitality

JUNE 24, 2024

According to a Goldman Sachs report, global investment in AI is projected to reach an astonishing $200 billion by 2025. AI-driven systems can optimize pricing strategies, manage energy usage in smart rooms, and even personalize marketing efforts to attract and retain guests.

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SiteMinder

FEBRUARY 25, 2024

This drives many travellers to the big name OTAs – 23% of Millennials choose OTAs based on ease-of-use over price, user-friendliness and security. And a final word on the subject of safety and security: 67% of travellers rate safety as the number one factor in choosing a destination, while 60% are price driven.

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Modern Restaurant Management

JANUARY 17, 2020

Taco Bell committed to making all consumer-facing packaging recyclable, compostable or reusable by 2025 worldwide. By 2025, in Taco Bell restaurants across the globe, the brand aims to make all consumer-facing packaging recyclable, compostable or reusable. Best of all, we got all of that at an affordable price.

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Hotel Owner

NOVEMBER 20, 2024

A new report by software platform SiteMinder shows that the UK ranks among top 10 travel destinations for 2025, above Thailand, Turkey and Greece. This is where the travellers we surveyed in those regions said that travelling to the UK is one of their core destinations in 2025.” This is up from 6.5%

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Modern Restaurant Management

DECEMBER 12, 2019

." Karamo's "I Am Perfectly Designed" – which celebrates accepting and loving who you are, exactly as you are – is now available for educators to purchase with grant on the First Book Marketplace, along with thousands of other books 50-90% off retail price. "The " Black Bear Diner Adds CMO.

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Hotel Business

JUNE 5, 2023

The brand is intended to deliver reasonably priced modern comfort for guests seeking longer stay accommodations in the U.S. & Marriott has long believed in having the right accommodations in compelling destinations at the right price point,” said Anthony Capuano, president/CEO, Marriott International. Marriott International Inc.

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Modern Restaurant Management

DECEMBER 9, 2019

With this combined solution, operators can offer their employees financial wellness benefits such as free, instant earned wage access, budgeting tools, zero-fee checking accounts, and debit cards, with virtually no effort. Low-Cost Pricing – per participant fees just $3/mo.

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Modern Restaurant Management

NOVEMBER 1, 2024

It also zooms in on current challenges faced by owners/operators, menu prices and inflation, and tech/AI implementation. While guests may still be feeling the pain of rising menu prices at restaurants, fewer restaurants said that they raised prices this year compared to last year.

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Hotel Business

SEPTEMBER 18, 2024

SiteMinder has unveiled Dynamic Revenue Plus , which allows hotels to access live market intelligence and take immediate action on their bookable inventory, pricing and distribution strategy. Soon, it will be enhanced with dynamic pricing recommendations from IDeaS , a SAS company.

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EATER

FEBRUARY 5, 2021

to $15 by 2025, making the amendment effectively for show. “It It was never my intent to increase the minimum wage to $15 an hour immediately during the pandemic,” said Sanders, chair of the Senate Budget Committee. “My But even had a roll call vote happened, Biden’s plan is to raise the federal hourly minimum wage from $7.25

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EATER

FEBRUARY 23, 2023

Other states have more gradual timeframes, including California, which began phasing in its overtime law in 2019 and will conclude in 2025, at a 40-hour threshold. Tree fruit growers do not set their prices, but must try and produce fruit at a cost at or below the prevailing market price,” he said in an email.

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