Modern Restaurant Management

JUNE 8, 2021

In fact, use of AI in the food and beverage market reached $3 billion in 2020 and is on pace to reach nearly $30 billion by 2026, according to Mordor Intelligence. billion in 2027. One such technology is Artificial Intelligence, which is already being used in the restaurant business to great effect.

Marketing 224

Marketing Communication 224

Revenue Hub

MAY 17, 2024

Guest profiles built by data offer hotel marketers a single pane of glass to view the guest’s stay history, preferences, and life events or celebrations. From these profiles and advanced analytics, properties can create targeted marketing campaigns and personalized experiences where guests ultimately spend more, do more and stay longer.

Marketing 108

Marketing Travel and Tourism Book Communication 108

Lodging Magazine

JANUARY 18, 2024

Travel Association released its biannual forecast for travel to and within the United States through 2027, showing that international inbound and domestic business travel will remain below pre-pandemic levels in 2024. ranked 17th out of 18 top markets for travel due to decades of underinvestment and […] The post U.S.

Travel and Tourism 116

Travel and Tourism Magazine Marketing 116

Serviced Apartments

MARCH 1, 2024

UK: Hospitality company Radisson Hotel Group has signed its first UK serviced apartments in Glasgow, with a target opening of 2027. Most recently, the company highlighted Eastern and Southeastern Europe as growth markets for serviced apartments. It marks the first serviced apartment offering in the UK for Radisson.

Business Development 52

Business Development Marketing 52

Fast Casual

SEPTEMBER 11, 2024

The food truck market is growing at a healthy CAGR of 4.29% and is expected to reach a value of $2.65 billion by 2027. While the growing popularity of food trucks is likely to bring more customers, the longer queuing times this could bring is likely to be a challenge for many popular hospitality managers.

Hospitality Management 104

Hospitality Management Marketing 104

Modern Restaurant Management

DECEMBER 11, 2020

In 2019, The Insight Partners, a research firm, estimated that the global RTD alcoholic beverage market would reach $40 million in 2027 from $26 million in 2018. So, where is the RTD alcoholic beverage market headed in 2021? Here are the five major trends shaping the RTD alcoholic beverage market next year. v took off.

Marketing 208

Marketing 208

Hospitality Net

MARCH 5, 2024

Having celebrated its 40th anniversary in 2023, the company is now embarking on a sustainable strategy that will introduce its unique style of family-centric hospitality to multiple new markets, as it strives to become one of the planet’s top 100 hotel operators by 2027.

Marketing 103

Marketing 103

Hospitality Net

NOVEMBER 19, 2024

Following the brand’s market entries in Croatia and Albania, the latest project in Romania further strengthens the brand’s momentum in the region with five new Hyatt Regency hotels and resorts expected to open by 2027.

Marketing 98

Marketing 98

Hospitality Net

NOVEMBER 19, 2024

Building on the latest openings of Grand Hyatt Deer Valley, Grand Hyatt Barcelona and Grand Hyatt Kuwait Residences, more than 10 new Grand Hyatt hotels are expected to open through 2027 in new markets around the world.

Marketing 98

Marketing 98

Hospitality Net

SEPTEMBER 29, 2023

For close to a century, Hospitality Sales & Marketing Association International (HSMAI) has stood as a guiding light for innovation, support, and community growth within the hotel sales, marketing, and revenue optimization fields.

Marketing 98

Marketing 98

Revenue Hub

JUNE 27, 2023

Guest profiles built by data offer hotel marketers a single pane of glass to view the guest’s stay history, preferences, and life events or celebrations. From these profiles and advanced analytics, properties can create targeted marketing campaigns and personalized experiences where guests ultimately spend more, do more and stay longer.

Marketing 98

Marketing Book Travel and Tourism Communication 98

Hospitality Net

SEPTEMBER 25, 2023

The Hospitality Sales and Marketing Association International (HSMAI) Foundation has announced the launch of its Century Campaign, a five-year fundraising effort ahead of the organization’s upcoming 100th anniversary in 2027.

Marketing 97

Marketing 97

Hospitality Net

JANUARY 18, 2024

Travel Association today released its biannual forecast for travel to and within the United States through 2027, showing international inbound travel and domestic business travel will continue to remain below pre-pandemic levels in 2024. The forecast, prepared by Tourism Economics, was released just days after U.S. The report found the U.S.

Travel and Tourism 94

Travel and Tourism Marketing 94

Modern Restaurant Management

NOVEMBER 12, 2020

though late to the game, is seeing an explosion in these types of kitchens and is expected to dominate the global market by 2027, according to Allied Market Research. Marketing assistance including advertising, public relations, social media, and events (once it’s safe). City permitting guidance.

Front of House 203

Front of House Marketing Accounting Article 203

Revenue Hub

NOVEMBER 18, 2024

Culinary Delights The food tourism market is expected to hit $1,796.5 billion by 2027. billion of the 2027 food tourism market. On-site swimming pools are popular with intergenerational travelers too! Promote your family-friendly amenities front and center. Food festivals are your friend, expected to account for $560.3

Travel and Tourism 98

Travel and Tourism Article Book Blog 98

Hotel Business

AUGUST 15, 2023

trillion by 2027. Now in its 15th edition, this latest report outlines the top-level outlook for forecasted global business travel spending and other trends for 2023 to 2027. trillion by 2027, fueled by more favorable economic conditions than expected in 2022 and 2023. 1 business travel market in the world by the end of 2023.

Accounting 52

Accounting Pricing Marketing Book 52

InnQuest

MARCH 23, 2023

million Chinese tourists entered Australia each year before the pandemic (Statista). In this article, we’ll take a look at some key statistics about the market in general, and the situation regarding our recovery from the pandemic. The opening of China’s border is also extremely promising as 1.4 of customers are male and 52.3%

Travel and Tourism 130

Travel and Tourism Book POS Systems Market Forecasting 130

Hospitality Net

NOVEMBER 23, 2023

The global hospitality market reached nearly $4.7 trillion in 2027. trillion and was forecast to grow to $5.8 There has been a lot of disruption to this economic sector since the pandemic, that includes food, drink, accommodation, and leisure activities like golf and amusement parks.

Marketing 90

Marketing 90

Hotel Business

DECEMBER 4, 2023

Market outlooks Listed below are the best and worst-performing markets based on LARC’s forecasts. forecast, its market-level forecasts are structured on multi-variable regression models with a high level of historical accuracy. For 2024, LARC expects U.S. Similar to the company’s U.S.

Marketing 110

Marketing 110

Boutique Hotel News

DECEMBER 20, 2022

Marc Saunders, director of marketing at Splendid Hospitality, also believes there is opportunity to drive revenue by activating hotel spaces with retail partnerships. Every interaction is an opportunity to sell in a smart way,” says Adir Ron , chief marketing officer at Duve. Hyperlocalisation.

Concierge 312

Concierge Book Marketing Information 312

Modern Restaurant Management

SEPTEMBER 28, 2023

Online Ordering Systems and Delivery Apps It’s believed that the global online food delivery market is estimated to be $130.2 billion by 2027. Let's delve into how technology is revolutionizing the food service sector. billion and is expected to grow to $223.7

Communication 196

Communication Information Marketing 196

Modern Restaurant Management

JULY 5, 2023

In today’s highly competitive landscape, marketing departments are focused on getting a 360-degree view of the customer in order to personalize their experiences and maximize customer lifetime value. Simultaneously, the industry is coping with cost pressures and demanding streamlined tech solutions that consolidate operations.

Cost Reduction 179

Cost Reduction POS Systems Information Communication 179

Hospitality Net

AUGUST 28, 2023

The global market for AI in the F&B industry is expected to grow from over USD 4 bn in 2022 to nearly USD 28 bn in 2027 at a CAGR of ~44%. With the addition of Machine Learning (ML) and Big Data, this could become a game-changer for the F&B industry, with endless potential.

Marketing 97

Marketing 97

Hotel Business

JUNE 10, 2024

We believe our most exciting chapter is ahead of us, and we look forward to making a significant impact in new markets as we bring people together in new one-of-a-kind properties in the years ahead.” A Fort Worth, TX, hotel is scheduled to open its doors in early 2027.

Scheduling 105

Scheduling Events Hospitality Management Marketing 105

Modern Restaurant Management

APRIL 11, 2023

According to Statista , dark kitchens’ global market size in 2021 exceeded $56.71 By 2027, the market research organization projects ghost kitchens’ worldwide market size to reach $112.53 through ghost-kitchen operator ChefSuite. billion and is only expected to increase. Why the immense rise?

Kitchen Operations 189

Kitchen Operations Catering Marketing 189

Revenue Hub

SEPTEMBER 18, 2024

Business travel is finally making a comeback, providing hoteliers with renewed opportunities to capture a crucial market segment. trillion by 2027. Key markets like China, the USA, Germany, Japan, and the United Kingdom are driving this growth, with impressive annual increases in business travel spend – 69% in Japan alone.

Book 104

Book Article Blog Marketing 104

Hotel Business

DECEMBER 27, 2022

The global Bed Bug Control Products and Services market size is projected to reach $3.65 billion by 2027. The compound annual growth rate (CAGR) during the period of 2021-2027 is projected at a rate of 8.6%. This represents a 78% increase from the from $2.05 billion generated in 2020.

Maintenance 104

Maintenance Events Presentation Marketing 104

Hotel Owner

OCTOBER 16, 2023

With a promising pipeline of developments including two imminent opportunities, EasyHotel aims to double its portfolio by 2027, reinforcing its presence in key markets and capitalising upon the “strong easy brand awareness” throughout Europe. The market fundamentals are positive for the affordable sector.

Budgeting 94

Budgeting Marketing 94

Modern Restaurant Management

SEPTEMBER 26, 2023

is the second-largest online food delivery market​ and generated an estimated $218B in revenue in 2022. And experts predict the market will increase close to $500B by 2027.

Accounting 197

Accounting Information Presentation Marketing 197

Hospitality Net

OCTOBER 20, 2024

When it comes to wellness for hotels, to get people’s attention, we often start with the total addressable market (TAM). trillion in 2027. As of EOY 2022, the Global Wellness Institute estimated the global wellness economy at $5.6 trillion with an 8.6% CAGR to reach $8.5

Marketing 75

Marketing 75

Boutique Hotel News

MAY 22, 2023

If you look at the UK as an example, by 2027, 50 per cent of existing stock can’t be used as office space. Sourcing finance is incredibly tough, particularly in the debt market, which is tampering the progress of some deals. Part of it is working from home and changing how we work, but the other part is ESG energy regulations.

Information 130

Information Book Events Marketing 130

Modern Restaurant Management

OCTOBER 18, 2022

The EV market experienced explosive growth in 2021, which is projected to continue into 2022. Experts predict that the EV market will more than double by 2027. If your restaurant hasn’t yet developed a strategy for attracting key audiences with electric charging stations, you should. In January, Tesla reported $5.5

Presentation 189

Presentation Customer Service Accounting Pricing 189

Revenue Hub

MARCH 17, 2023

NB: This is an article from Amadeus This article will provide an overview of social media marketing for hotels, including how to get started, different strategies to use, and how to approach each specific platform. Subscribe to our weekly newsletter and stay up to date Why is social media marketing important to hoteliers?

Marketing 52

Marketing Article Book Information 52

Hotel Owner

OCTOBER 14, 2024

Zedwell aims to expand to 8,000 rooms by 2027. Northcote Hotel, a 26-bedroom property in Lancashire, has been brought to market by Savills on a price-on-application basis. Josh Sullivan of Colliers’ Hotels team emphasised the site’s potential for growth and a variety of revenue streams.

Pricing 98

Pricing Marketing 98

Hotel Owner

OCTOBER 16, 2023

Elegant Hotel Collection is venturing into the luxury soft brand market with a portfolio of 25 luxury hotels and ambitious plans to add 50 more worldwide by the summer of 2024. With a promising development pipeline, EasyHotel aims to double its portfolio by 2027, capitalising on the strong brand awareness throughout Europe.

Budgeting 98

Budgeting Catering Pricing Marketing 98

Hotel Owner

JULY 10, 2023

Heartwood has immediate access to this new funding and with the support of OakNorth and Alchemy, the group will continue to focus on acquiring pubs-with-rooms with the ambition of reaching at least 60 sites by June 2027. As part of this, Heartwood has the aim of providing nearly 500 boutique bedrooms in the same time period.

Marketing 102

Marketing 102

Hospitality Net

SEPTEMBER 26, 2024

The Hospitality Sales and Marketing Association International (HSMAI) Foundation proudly marks the one-year anniversary of its Century Campaign, a five-year fundraising initiative set to culminate in the organization’s 100th anniversary on September 22, 2027.

Marketing 52

Marketing 52