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Pebblebrook extends 2024 term debt to 2028

Hotel Business

Pebblebrook Hotel Trust has extended approximately $357 million of its $460 million October 2024 maturity term loan to 2028. Pebblebrook paid down its October 2024 maturity term loan to $400 million from $460 million and extended the maturity of $357 million to January 2028. The company paid down approximately $157.6

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Stepping out of the Shadows: Women in the Champagne Industry

Hospitality Net

Today, “Champagne” (sparkling wine produced in the Champagne region of northeastern France) accounts for 10% of the world’s consumption of sparkling wines by volume and 21% by value (Comité Champagne, 2023). On the back of increasing demand, the champagne market will grow from 253.5 million liters in 2023 to 311.1

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European serviced apartments show higher KPIs than hotels

Serviced Apartments

Paris and London are the lead markets in Europe in terms of current supply, with more than 11,000 units each. By 2028, London is expected to overtake Paris as the largest serviced apartment market in Europe, with a projected 21 per cent increase in supply. per cent and 2.8

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Klook Joins STAAH Platform to Expand Its Travel Network Amidst High Demand from Asia

STAAH

Asia’s travel recovery is back on track, with the travel market expected to grow over 5% resulting in a market volume projection of US$402 billion by 2028, a majority of which will be hotel transactions. For queries about the Klook integration, please reach out to your STAAH account manager for more details.

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Integrated Marketplaces Bridge The Technology Gap In The Restaurant Ecosystem

The Restaurant Times

According to a report by Grand View Research , the global restaurant point-of-sale terminal market size is expected to reach US$25.95 billion by 2028. percent between 2021 to 2028. The POS systems become the anchor for many of these transformations. It is likely to expand at a CAGR of 6.4

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7 Questions to Ask Before Choosing a Point-of-Sale Solution for Your Restaurant

Restaurant Engine

Any integrations you need to add like accounting software. You may also want to access sales reports, labor reports, sales averages of each employee, a clock-in system for staff, inventory tracking, automated ordering options, and the ability to integrate with third party software like accounting software. 2: What Features Do I Need?

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Hyatt sees 43% YOY RevPAR growth in Q1

Hotel Business

World of Hyatt member contribution accounted for 21% of room nights at ALG properties in the Americas during the quarter. The terms of the agreement provide for up to an additional $175 million of contingent consideration through 2028 based on certain milestones associated with signed management contracts for future hotel openings.