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How IoT upgrades are the smart way to drive profitability

Hotel Business

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%. Maintenance If an ounce of prevention is worth a pound of cure, when it comes to hospitality equipment maintenance, those metrics can be measured in thousands of dollars.

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Extend the Deep Fryer Sweet Spot

Modern Restaurant Management

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.

Pricing 88
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Everything you need to know about resort development

Les Roches

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.