Modern Restaurant Management

DECEMBER 18, 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. The quicker businesses can feed that information back into operations, the better, whether for personalized dining, staffing optimization, or advertising and marketing.

L&D 88

L&D Marketing Pricing Catering 88

Revenue Hub

SEPTEMBER 18, 2024

A central aspect of budgeting in the hospitality industry is the consideration of external factors that influence demand and pricing. This involves demand forecasts as well as price adjustments due to inflation and competitive pressure. in 2025, according to the Ifo Institute. in 2025, according to the Ifo Institute.

Budgeting 104

Budgeting Housekeeping Pricing Article 104

Revenue Hub

OCTOBER 22, 2024

As we look toward 2025, global pricing trends reveal a resilient industry, but one marked by stark regional differences. Latin America leads the charge Latin America has emerged as the star performer in hotel pricing recovery. The hospitality landscape in 2024 is a study in contrasts. With a remarkable 12.2%

Pricing 103

Pricing Presentation Article Marketing 103

STAAH

DECEMBER 3, 2024

Serving as a guiding North Star, they can help you refine your approach and assess your hotel’s standing in the market. In this blog we take a look into the crystal bowl for what 2025 could bring for hoteliers. 10 Game-Changing Hotel Trends to Prepare for in 2025 1. Smart technology is here to stay and grow in 2025.

Concierge 82

Concierge Book Blog Definition 82

EATER

SEPTEMBER 20, 2023

In the bread aisle, you see two loaves identically wrapped; both are perfectly edible, but one is a day older and costs half the price. This is a business practice called dynamic pricing, and it may be coming soon to a supermarket near you. The price is changing throughout the [time] horizon.” Which do you choose?

Pricing 137

Pricing Accounting Communication Marketing 137

Serviced Apartments

JULY 29, 2024

Reading Time: < 1 minute Indonesia: New research from Colliers predicts that four upcoming projects will take Jakarta’s serviced apartment inventory to 7,793 by the end of 2025. There were no new serviced apartments entering the market in Q2 2024, keeping the total supply of serviced apartments in Jakarta steady at 7,074 units.

Pricing 95

Pricing Marketing 95

Hotel Owner

DECEMBER 5, 2022

The UK hotel market has continued its recovery in 2022, as a strong trading performance exceeded expectations for the year, Knight Frank has said. . Despite international visitor arrivals remaining lower than pre-pandemic, the ability to drive rates within a high inflationary environment saw ADR surge 22% ahead of 2019 prices.

Marketing 105

Marketing Accounting Pricing 105

Hotel Owner

OCTOBER 17, 2024

The freehold interest in the Leonardo Hotel at London Heathrow Airport has been brought to market off a guide price of £30m. and is expected to increase to over £2m by the next review in March 2025. It has just over 15 years remaining on the lease. The passing rent is £1.7m

Marketing 98

Marketing Presentation Pricing 98

Revenue Hub

DECEMBER 16, 2024

Increase room ADR, sell more hotel rooms direct, increase you market share, reduce channel spend on OTAsfamiliar? 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.

Budgeting 65

Budgeting Article Marketing Book 65

Hospitality Net

NOVEMBER 27, 2024

As we look toward 2025, global pricing trends reveal a resilient industry, but one marked by stark regional differences. The hospitality landscape in 2024 is a study in contrasts. Drawing on Lighthouse data, we’ll cut through the noise to examine the current state of play, with a spotlight on Asia-Pacific.

Pricing 52

Pricing Marketing 52

Modern Restaurant Management

NOVEMBER 14, 2024

Despite 93 percent of QSR operators indicating they raised prices in 2024, nearly two-thirds (64 percent) reported increased traffic across all dayparts, according to TransUnion’s QSR Industry Report: Bridging the Affordability and Profitability Gap.

Communication 100

Communication Pricing Catering Marketing 100

Boutique Hotel News

DECEMBER 20, 2022

This means that during periods of high consumer price growth, hotels have been able to raise room rates and pass on these rising costs to guests. Marc Saunders, director of marketing at Splendid Hospitality, also believes there is opportunity to drive revenue by activating hotel spaces with retail partnerships. Hyperlocalisation.

Concierge 312

Concierge Book Marketing Information 312

Hotel Management Network

OCTOBER 23, 2024

These trends underscore the importance of localised strategies to navigate a fluctuating market as the industry prepares for 2025. The post Hotel prices show uneven trends across regions in 2024 appeared first on Hotel Management Network.

Pricing 52

Pricing Marketing 52

Modern Restaurant Management

NOVEMBER 12, 2020

though late to the game, is seeing an explosion in these types of kitchens and is expected to dominate the global market by 2027, according to Allied Market Research. Marketing assistance including advertising, public relations, social media, and events (once it’s safe). City permitting guidance.

Front of House 203

Front of House Marketing Accounting Article 203

Revenue Hub

MAY 24, 2024

Whether it’s a Friday evening flight, a hotel during the holidays, or a taxi ride in a downpour, we have all been burned by higher-than-normal prices due to excess demand. ” Restaurants have long used dynamic pricing, for example, by offering Happy Hour specials to attract customers after work.

Pricing 109

Pricing Article Server Marketing 109

Modern Restaurant Management

NOVEMBER 9, 2020

The number is expected to continue rising exponentially, forecasted to make up a quarter of the British population in 2025. But there’s also another contributing factor at play which is helping shape the vegan market: celebrity influence. Beyond Meat’s share prices dropped in 2017, which was given a boost by Snoop.

Pricing 169

Pricing Marketing 169

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.

Blog 52

Blog Marketing Customer Service Budgeting 52

Modern Restaurant Management

OCTOBER 30, 2024

. "Value is a broader tent than price, but price is an important value platform when consumers are faced with high inflation or a personal economic situation such as a job loss," Tim Fires, president of global foodservice at Circana, told Modern Restaurant Management (MRM) magazine. "We

Pricing 100

Pricing Budgeting Communication Magazine 100

Boutique Hotel News

APRIL 21, 2023

For example, sustainability targets under Future Planet include net zero scope one and two carbon emissions by 2030, and for our supply chain to be ISO14001 accredited by 2025. Recent spikes in the energy market should be a great lesson to invest in future technologies that will bear the brunt of market volatility.

Travel and Tourism 246

Travel and Tourism Information Business Development Procurement 246

Hotel Business

SEPTEMBER 19, 2024

“For many in the hospitality industry, this move comes at a critical time, as hotel owners continue to navigate the challenges posed by rising costs and a fluctuating market. He continued, “That said, it signals the beginning of a market thaw, which is a good thing for the hotel industry. Equity (mezz) will still be 14-16%.

Reservations 111

Reservations Marketing Pricing Business Development 111

Hotel Owner

OCTOBER 14, 2024

Andy Short has been appointed head chef at ISCA , the restaurant at Voco Zeal Exeter Science Park Hotel, which is set to open in January 2025 as IHG’s first net zero carbon hotel. The Haughmond Inn, a multi-faceted hospitality business in Upton Magna, has been listed for sale with a guide price of £1m.

Pricing 98

Pricing Marketing 98

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. The annual report surveys 600 independent full-service restaurant (FSR) owners and operators from across the U.S.,

Back of House 88

Back of House Catering Budgeting Pricing 88

Hotel Owner

MAY 19, 2023

She added: “We also recognise that the competitive nature of the current London housing market can be challenging and so being able to offer flexible long-stay apartments gives those a chance to discover more options to cater for what they are looking for, at a more affordable price than a hotel or renting.”

Catering 101

Catering Pricing Marketing 101

Hotel Owner

MARCH 20, 2023

The Yotelpad will deliver modern studios, referred to as PADs, featuring multi-functional live/work/sleep areas, bathrooms featuring amenities from Yotel partner Urban Jungle and fully-equipped kitchenettes – all at an affordable price point.

Pricing 105

Pricing Marketing 105

Revenue Hub

OCTOBER 11, 2023

Subscribe to our weekly newsletter and stay up to date Volume: by 2025, it is estimated that 463 exabytes of data will be created each day globally. And it’s game-changing for hospitality businesses that use it effectively, helping you drive revenue and stay ahead of the fierce competition in today’s market.

Information 107

Information Article Pricing Book 107

InnQuest

MARCH 23, 2023

million Chinese tourists entered Australia each year before the pandemic (Statista). In this article, we’ll take a look at some key statistics about the market in general, and the situation regarding our recovery from the pandemic. Pricing has also increased due to inflation and is expected to rise further due to increased demand.

Travel and Tourism 130

Travel and Tourism Book POS Systems Market Forecasting 130

Modern Restaurant Management

SEPTEMBER 27, 2024

Expert Market’s survey results also revealed that labor shortages have been cited as a top concern for nearly a quarter (23 percent) of US F&B businesses, top chart. This finding from Expert Market’s 2024 F&B Industry Report sheds light on a clear culinary gap within the industry's workforce.

Reservations 100

Reservations Pricing Marketing Accounting 100

EATER

APRIL 2, 2024

They’re merely fulfilling a demand in the market, naturally taking a cut for themselves — two plus two equals four. Menu prices are almost always more expensive than ordering directly from restaurants. For restaurants, there’s a price as well. Another faction argues that this isn’t fair, because it’s already so unaffordable.

Pricing 145

Pricing Blog Server Marketing 145

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.

Budgeting 108

Budgeting Article Marketing Pricing 108

Hotel Owner

OCTOBER 16, 2023

Elegant Hotel Collection is venturing into the luxury soft brand market with a portfolio of 25 luxury hotels and ambitious plans to add 50 more worldwide by the summer of 2024. The group adopts a pay-on-performance model, prioritising results-based pricing over fixed costs to ensure measurable ROI.

Budgeting 98

Budgeting Catering Pricing Marketing 98

Boutique Hotel News

NOVEMBER 2, 2022

The UK is the world’s third largest eCommerce market, with 80 per cent of people shopping online – tipped to rise to 89.6 per cent by 2025. Live pricing and availability of their catalogue. To thrive, hoteliers need to view their property holistically and consider how to monetise their wide range of products and services.

Book 130

Book Customer Service Pricing Events 130

Boutique Hotel News

MARCH 6, 2023

Judi Blakeburn , brand director, Another Place , Watergate Bay and Beach Retreats [FC] With a career spent in hospitality marketing, Blakeburn is an expert on both the sector and the role of marketing in medium-sized businesses, and is a passionate advocate of the importance of brand and marketing at board level.

Travel and Tourism 254

Travel and Tourism Marketing Catering Business Development 254

Hotel Owner

NOVEMBER 3, 2023

Michael Bonsor has been appointed as the managing director for The Chancery Rosewood , a luxury hotel opening in London’s Mayfair in 2025. Factors such as the war in Ukraine, climate-related wildfires, rising living costs, and inflated prices are affecting leisure travel confidence.

Pricing 97

Pricing Marketing 97

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.

Budgeting 109

Budgeting Book Article Blog 109

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.

Budgeting 52

Budgeting Pricing Marketing 52

Revenue Hub

JUNE 2, 2023

NB: This is an article from Net Affinity Travellers are constantly comparing rates across channels – especially Millennials and Gen Y, who hold the largest travel market share at 33% of the market. In 2021, OTAs accounted for 52% of the hotel online market, but the share is expected to decline to 48% in 2025.

Pricing 73

Pricing Book Article Marketing 73

Hotel Business

JANUARY 4, 2024

As a result of the refinancing, Pebblebrook has no meaningful debt maturities until October 2025. Pricing on all the company’s term loans remained unchanged and is based on a pricing grid of 140 to 245 basis points over the applicable adjusted term SOFR. “We BofA Securities Inc. Truist Securities, Inc.;

Document 59

Document Pricing Accounting Marketing 59