Hotel Owner

FEBRUARY 21, 2025

The council, chaired by Sarah Bestwick (Cluster GM for Holiday Inn and Ibis Budget Manchester Airport) and vice-chaired by Kaushik Majumder (Cluster GM Mercure Leeds Parkway and Bradford Hotel), will meet monthly to provide insights and feedback.

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Hotel Owner

OCTOBER 16, 2023

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. With a promising development pipeline, EasyHotel aims to double its portfolio by 2027, capitalising on the strong brand awareness throughout Europe.

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Hotel Owner

NOVEMBER 11, 2024

Conversion works are anticipated to begin in early 2026, with the hotel to be open for trading in the first quarter of 2027. Office-to-hotel conversion is a sustainable way of developing, as it allows us to meet the growing demand for budget hotels while reducing the carbon impact that new development brings.

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Budgeting Marketing 52

LimeTray

JANUARY 9, 2025

In 2023, digital wallets like Apple Pay and Google Pay became the most popular mobile payment method in physical POS globally, and theyre expected to grow even further by 2027. With cloud-based capabilities, mPOS systems offer the flexibility modern restaurants need for smoother service and greater efficiency. It depends on your needs.

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Hotel Owner

OCTOBER 19, 2023

In a similar vein, as much as 85% of UK office buildings are at high risk of being unlettable due to EPC regulations that have been proposed to be implemented in 2027. The plight of retail has been well documented over recent years, with research indicating ‘terminal decline’ for Britain’s high streets.

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Hotel Owner

NOVEMBER 11, 2024

Pending planning approval, conversion will begin in 2026, aiming to open by 2027. CEO Jo Boydell explained that converting existing office buildings supports their UK development strategy and sustainable expansion, addressing demand for budget hotels while reducing the environmental impact of new builds.

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Modern Restaurant Management

MAY 25, 2023

The Rising Cost of Fryer Oil The average price per unit (PPU) in the edible oils segment of the food market in the United States was forecast to continuously increase between 2023 and 2027 by a total of 10.27 percent, according to Statista Research. This is after edible oil prices already underwent a steep increase in 2021 and 2022.

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Serviced Apartments

JUNE 13, 2023

We have now extended this out to 2027 when Staycity will be debt-free,” said Walsh. Another focus is its wide-reaching ESG strategy, with a budgeted spend of €3 million for 2023, following the appointment of a dedicated ESG team. “We This summer will see Staycity reveal a new brand identity.

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Social Hospitality

JULY 25, 2022

With the food tech market slated to be valued at nearly $342 billion USD by 2027 , the demand for increased technology implementation in the industry will continue to rise. Set a Budget. Budgets are important for potential business owners, especially in the restaurant industry.

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POS Systems Budgeting Reservations Communication 59

Hotel Business

JUNE 4, 2024

In fact, IDC predicts that by 2027, 55% of hospitality and travel organizations will invest in AI and/or IoT-powered devices to reduce waste by 20% and lower costs by 15%.

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Maintenance Guest Satisfaction Property Management Housekeeping 69

7 Shifts

JULY 1, 2024

Even better, it is expected to grow at an annual growth rate of 5.09% in 2027. Secure funding After creating an in-depth financial projection, you'll gain a more detailed idea of how to fund your business without going over budget. It would also help to create a list of supplies you need to budget for them better.

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Les Roches

JULY 5, 2024

in the global resort industry from 2020 to 2027, driven by the increasing demand for leisure and hospitality services. Forecasts indicate a positive annual growth rate of 4.7% Resort development is a complex discipline, requiring meticulous planning, strategic design, procurement, construction, operations and marketing.

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Travel and Tourism Resort Management Regulatory Compliance Communication 52

The Restaurant Times

NOVEMBER 17, 2022

billion people were using social media worldwide, a number projected to increase to almost six billion in 2027. Be sure to include a good chunk of your marketing budget for boosted ads, sponsored posts and other paid venues of social media advertising to reach an incredible clientele. In 2021, over 4.26 billion active users in 2022.

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Marketing Events Customer Service Budgeting 52

LimeTray

JANUARY 20, 2025

For instance, digital or mobile wallet payments were the most used payment method in physical shops globally in 2023 and are set to become even more popular by 2027. If you are looking to minimize recurring expenses, this pricing model can make budgeting more predictable and manageable in the long term.

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POS Systems Server Maintenance Information 52

SiteMinder

FEBRUARY 25, 2024

Between 2022 and 2027 the luxury hotel market is set to grow by US$54.46 A US study found one in three millennials budget more than $5000 for vacations. 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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Travel and Tourism Book Scheduling Marketing 52

Modern Restaurant Management

JANUARY 15, 2020

Government spending, a prime factor in growth, may be limited by the return of trillion-dollar budget deficits. Mezcal Sales to See Strong Growth through 2027. However, Mezcal Anejo will exhibit a higher CAGR through 2027. .” “There is little reason to expect a major upturn in business investment.

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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.

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