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How IoT upgrades are the smart way to drive profitability

Hotel Business

The anticipated gains are so substantial that by 2029, nearly half of hospitality organizations are expected to earmark as much as 25% of their IT budgets for automation of services and processes, aiming to increase efficiency by 85%.

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Tap Into Ready To Use Co-Kitchen Spaces And Grow Your Food Delivery Business

The Restaurant Times

Billion by 2026, at a CAGR of 17.2%. Although the delivery-only restaurant format saves substantially on expenses such as rental costs, labor costs, front-end maintenance costs, etc., According to statistics, the global cloud kitchen market is expected to reach USD 2.63 Optimizes The Expenses.

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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. This allows for proactive maintenance, saving money in the long run.

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Setting Up Your Cloud Kitchen? These Are The Operational Processes To Follow

The Restaurant Times

Billion by the year 2026. Compared to a traditional restaurant, setting up a cloud kitchen requires low capital expenditure, has fewer maintenance costs and needs a smaller yet well-designed space and infrastructure to start off the business with. The Operational Processes Involved In Setting Up A Cloud Kitchen Business. Staffing.

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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. Revenue management. In hotel revenue management , you’ll be responsible for optimizing hotel revenue.