Hotel Business

OCTOBER 29, 2024

These top five markets combined account for 732 projects/88,904 rooms. Dallas, with 73 projects/8,708 rooms, has the most projects scheduled to start in the next 12 months. During the third quarter, 401 new project announcements (NPAs), accounting for 42,413 rooms, were revealed. In Q3, five U.S.

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Hotel Business

AUGUST 15, 2024

According to the Q2 report, projects under construction have hit a new all-time high of 2,743 projects with 498,551 rooms, accounting for 72% of the projects in China’s total pipeline and growing 3% by projects and 4% by rooms YOY. LE analysts forecast a total of 937 new hotels and 139,673 new rooms to open by year-end 2024.

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Hotel Business

AUGUST 7, 2024

Projects scheduled to start construction in the next 12 months, at Q2, stand at 80 projects/9,249 rooms, while projects in early planning stand at 162 projects/20,445 rooms, for a 20% and 1% YOY increase, respectively. Next is British Columbia with a record-high 59 projects, accounting for 8,439 rooms. new supply growth rate increase.

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Hotel Business

OCTOBER 31, 2024

Additionally, the number of projects scheduled to start construction within the next 12 months grew to 183 projects and 30,184 rooms, up 7% by project count and 9% by room count YoY. At the close of Q3 2024, Latin America had 269 projects with 47,151 rooms under construction, reflecting a 10% YoY rise in both metrics.

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Hotel Business

AUGUST 12, 2024

Projects scheduled to start construction in the next 12 months have risen to 358 with 65,853 rooms, up 23% by projects and rooms YOY. The upper upscale, upscale and upper-midscale chain scales dominate the pipeline, accounting for 62% of projects and 65% of rooms.

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Hotel Business

NOVEMBER 18, 2024

At the close of the third quarter, projects currently under construction stand at 296 projects/79,978 rooms, accounting for 49% of the region’s total pipeline projects. Through the third quarter of 2024, the Middle East opened 51 new hotels accounting for 9,356 rooms, of which 14 new hotels/2,504 rooms opened in Q3.

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Hotel Business

AUGUST 21, 2024

Projects scheduled to start construction in the next 12 months have seen a significant rise YOY, with 145 projects and 34,706 rooms, marking a 42% YOY increase in projects and a 45% increase in rooms. Three chain scales dominate the Middle East’s total pipeline in the second quarter, accounting for 77% of projects and 79% of rooms.

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Hotel Business

AUGUST 8, 2024

The Q2 2024 Latin America construction pipeline trend report from Lodging Econometrics (LE) indicates a positive growth trajectory for the region’s hospitality sector, with stable growth in new hotel openings forecast through 2026. These two countries account for 52% of the projects and 49% of the rooms in the total pipeline.

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Serviced Apartments

NOVEMBER 18, 2024

The property is scheduled for completion in 2026 and marks the third location in Bremen for the group. Elsewhere in Europe, limehome has also signed office conversion projects in Salerno and Milan which are expected to open in 2026 and 2027 respectively. An additional 3,000 converted apartments are planned until 2027.

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Hospitality Net

JUNE 28, 2024

Following the last edition published in 2014, the new 12th Revised Edition of the Uniform System of Accounts for the Lodging Industry (USALI) has its debut this year (the e-book version will be available in July) and will be placed in effect on January 1, 2026.

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Hotel Business

NOVEMBER 11, 2024

Projects scheduled to start construction in the next 12 months stand at 348 projects/60,095 rooms, down a slight 2% by projects and 8% by rooms YOY. Combined, these two chain scales account for 59% of both projects and rooms in China’s hotel construction pipeline.

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Serviced Apartments

APRIL 2, 2024

Wyndham holds the highest number of units in Phuket’s branded residences primary market – accounting for 46 per cent of market share. New brands to enter the market include The Standard (scheduled to open in Bangtao, 2026) and Rosewood (opening in Kamala, date to be announced).

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Hotel Business

MAY 23, 2023

Projects under construction stand at 814 projects/125,657 rooms, while projects scheduled to start construction in the next 12 months account for 419 projects/62,625 rooms. These five countries account for 54% of projects and 51% of rooms in the region’s total pipeline at Q1.

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Hotel Business

JULY 31, 2024

However, Phoenix’s projects account for more rooms at 3,993, compared to Nashville’s 3,049 rooms. At Q2, Dallas, with 73 projects/8,787 rooms, has the most projects scheduled to start in the next 12 months. Three hundred one new project announcements (NPAs), accounting for 39,793 rooms, were announced during the second quarter.

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The Restaurant Times

JUNE 4, 2020

Billion by 2026, at a CAGR of 17.2%. Create a staffing plan and adjust your staff’s schedule, depending on the sales trends. Also, consider optimizing the route plans while taking employee scheduling into account. . According to statistics, the global cloud kitchen market is expected to reach USD 2.63

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Modern Restaurant Management

SEPTEMBER 14, 2021

.” “Many of our TEAM Members stay a long time with TSFR – a testament to our accountable culture, family atmosphere and commitment to training and development,” said Bill Angott, President and Chief Executive Officer at TSFR. Cynthia (Cyndi) Barnes: Director of Accounting | 35 years. To ensure accountability: ?

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Modern Restaurant Management

DECEMBER 17, 2024

With only half of restaurants using advanced tools like scheduling software and performance tracking, there is a clear opportunity for growth. Additionally, implementing flexible scheduling, competitive wages, and comprehensive benefits can further enhance the employee experience, making roles in foodservice more attractive.

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7 Shifts

JUNE 16, 2024

Start an Instagram account and use relevant hashtags In the digital age, food and beverages are no longer just for "enjoyment"—they have transitioned into clickable status symbols. billion by 2026. This should be good news for your business, as private party patrons eat and drink more than usual.

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Hotel Business

AUGUST 22, 2024

Projects and rooms scheduled to start construction in the next 12 months grew 8% YOY to close the quarter at 3,972 projects/545,764 rooms. Upper-midscale, upscale and the midscale chain scales dominate the pipeline at Q2, accounting for 65% of the projects in the total pipeline. At Q2, the top countries by project count are the U.S.,

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Modern Restaurant Management

DECEMBER 16, 2019

November and December purchases typically account for upwards of 50 percent of annual gift cards sales. While gift cards account for 6.3 "The event planning industry is booming, with demand for event planners expected to grow between now and 2026, and job growth rising to 11 percent," said Jonathan Morse, CEO of Tripleseat. "Professionals

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Hotel Business

OCTOBER 30, 2024

Another 69 projects (9,768 rooms) in Canada are scheduled to begin construction within the next 12 months. Ontario dominates provincial hotel construction, accounting for 59% of projects and 61% of rooms countrywide with record counts of 193 projects/24,697 rooms. increase in supply.

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Modern Restaurant Management

AUGUST 25, 2021

Per the terms of the agreement, the group will build 50 new Taco John’s restaurants by March 31, 2026 with options to develop an additional 150 restaurants. ” Corporativo GES also chose Oracle NetSuite to streamline its accounting and inventory process and unify information from MICROS Simphony.

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