Remove 2026 Remove Accounting Remove Budgeting
article thumbnail

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].

article thumbnail

On World Food Safety Day, Here’s How Internet of Things Solutions Can Help

Modern Restaurant Management

In fact, the growth of digital food management solutions from 2021 to 2026 is predicted to be $2.39 Additionally, more sophisticated sensors can ensure temperature data is recorded during power outages and backlogged data is properly accounted for, which is especially important when outages occur overnight or after hours.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

UKH calls new LPC 2025 remit ‘disruptive and unhelpful’

Hotel Owner

The trade organisation has argued that evidence submitted to the LPC was “out of date” and that it would have been better to wait until 2026 to make changes. After all, this is the basis upon which hospitality businesses have been planning and budgeting. “As

article thumbnail

Tech-Driven Hospitality Trends to Expect in 2024 and Beyond

Revenue Hub

Gen Z Is Shaking Up Guest Expectations Gen Z, which includes those born between 1996 and 2010, is expected to become the largest consumer group in the US by 2026 , at 82 million. If your hotel is budgeting for technology, replacing a limited, overcomplicated, or legacy property management system is an excellent place to start.

article thumbnail

Why Opening A Takeaway Restaurant In India Is Easier Now

The Restaurant Times

If you’re interested in striking a chord with Gen Z, consider setting up social media accounts and using them as a customer service channel. Determining Your POS Budget. Even billboards continue to attract diners, but how can you attract and capture the next generation’s attention and loyalty? Lower Operational Costs.

article thumbnail

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

Modern Restaurant Management

It automatically extracts key order details—such as account information, location, and the orderer's name—regardless of how the order is submitted. With the Food Safety Modernization Act (FSMA) taking effect in 2026, what industry needs to know in 2025: The first step is to standardize your data.

Marketing 100
article thumbnail

How to manage a hotel

Les Roches

Part of your role can include managing a group of departmental managers and overseeing budgets, sales targets, recruitment, customer complaints, building maintenance, housekeeping, and all licensing and health and safety regulations. billion by 2026, so taking on a role in hotel property management is a great way to futureproof your career.