Hospitality Net

SEPTEMBER 19, 2023

On the back of increasing demand, the champagne market will grow from 253.5 million liters by 2028, with a Compound Annual Growth Rate (CAGR) of 4.18% from 2023-2028. Currently, the Champagne region has 16,200 growers, 130 cooperatives, and 370 houses. million liters in 2023 to 311.1

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Hotel Owner

OCTOBER 18, 2024

The existing leases of the two retail units will continue until 2033 on a fixed rent basis with tenant break options in June 2028 and March 2029 respectively. based on its market value as of September 30, 2024. This acquisition also increases our exposure to the burgeoning lifestyle hotel market.

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Hotel Business

JULY 23, 2024

Additionally, by 2028, it is projected to exceed $2 trillion, highlighting a robust path ahead for the business travel sector in terms of spending. Many top business travel markets around the world have returned to or are nearing pre-pandemic levels, reinforcing the momentum of the recovery and boosting spending.

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Hotel Owner

SEPTEMBER 30, 2024

With the largest development pipeline in Accor’s portfolio, Mercure has more than 200 additional hotels set to open by 2028. The 282-bedroom hotel also features Barnaby’s restaurant and bar. Jacques Morin, group deputy CEO and Premium, Midscale and Economy Division CEO, Accor said: “This has been a transformative year for Mercure.

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Presentation Pricing Marketing 98

Hospitality Net

OCTOBER 13, 2023

million will own one by 2028.* While smartphone usage varies by person, it’s clear that hotel mobile marketing needs to be part of your strategy. It’s no secret that smartphones are ubiquitous, and it’s part of our daily life. In 2023, more than 4.6 million people owned a smartphone, and it is projected that more than 5.1

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Marketing 72

Hotel Owner

NOVEMBER 11, 2024

The site is set to open in the second half of 2028 subject to planning approval, and will feature 154 bedrooms, a restaurant, bar and gym. The group previously opened four new locations in the UK this year, including the Maldron Hotel Shoreditch, which opened in August.

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Pricing Marketing 52

Hotel Owner

JULY 7, 2023

CBRE revealed that the sector picked up in Q2 following a slow Q1, despite deal flow remaining below the long-term average, in its most recent Irish hotel market research. This could be because the Dublin market still remains undersupplied in hotel bedrooms, particularly when compared with cities of a similar size.

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Marketing 105

Les Roches

AUGUST 16, 2022

Hospitality businesses of all sizes are turning to digital marketing to reach new guests and grow their business. Let’s discuss the different aspects of hospitality digital marketing and why it’s so important. What is digital marketing in the hospitality industry? What exactly is hotel digital marketing?

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Hotel Business

SEPTEMBER 3, 2024

The forecasts come from LARC’s 3Q-2024 Hotel Industry Outlook and Market Intelligence Reports. Market outlooks Listed below are the best and worst performing markets based on LARC forecasts. forecast, the market level forecasts are structured on multi-variable regression models with a high level of historical accuracy.

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Marketing 59

Modern Restaurant Management

FEBRUARY 1, 2024

The global food delivery services industry is anticipated to be worth USD 311.943 billion in 2028, with a 11.4 Increased smartphone adoption and availability of high-speed internet in both developed and developing nations are driving market revenue growth.

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Hospitality Net

JUNE 1, 2023

In 2022 the leisure travel market was valued at more than US$ 800 Billion, with predictions to reach US$ 1,330 Billion by 2028, a growth rate (CAGR) of 8.11% during 2023-2028* The leisure and activities segment, including the spa and wellness industry, is booming, with more people seeking relaxation and self-care treatments.

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Marketing 40

STAAH

JUNE 3, 2024

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.

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Hotel Business

AUGUST 2, 2024

We are pleased to expand our footprint in Denver by acquiring this unique boutique lifestyle hotel located in a prime location within Denver, in an off-market deal,” said Leslie D. Denver has experienced significant population growth due to the market’s relative affordability and from corporate relocations.

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Pricing Marketing Events 59

Serviced Apartments

AUGUST 29, 2024

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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Accounting Marketing 52

Modern Restaurant Management

APRIL 3, 2024

Statista’s market insights forecast the global cost of cybercrime will increase from $9.22T in 2024 to $13.82T in 2028. The average cost of a data breach in 2023 was almost $4.5 million, a figure that’s more than 15% higher than just three years prior.

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Modern Restaurant Management

AUGUST 26, 2024

This convenience has made the online food delivery market massive, with global revenues of over $1 trillion in 2023 alone. As the huge market keeps growing, expected to hit $1.8 trillion by 2028, restaurants face a big decision. Online food delivery thrives as phones become one-stop shops for ordering and tracking meals.

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Boutique Hotelier

NOVEMBER 21, 2022

Raithwaite Sandsend has come to the market with an asking price of £12m. The hotel set itself a target to reach net zero carbon by 2028 , a plan which will involve a significant reduction in their carbon emissions, in addition to ongoing offsetting. Knight Frank is marketing the opportunity for offers in excess of £12,000,000.

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Pricing Marketing 80

Serviced Apartments

NOVEMBER 24, 2023

By 2028 the company’s development pipeline will take it to over 15,000 apartments, including its debut in Portugal. Currently in its 26th year, nominees in the Ireland programme for the international entrepreneur category are “global players” that operate in multiple markets, and can be headquartered in Ireland or overseas.

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Marketing 52

Hotel Business

JUNE 3, 2024

With nearly 350 existing lifestyle hotels and another 350 expected to join the portfolio by 2028, Hilton is set to double its presence in the fast-growing lifestyle category in the next four years. With thousands of colleges and universities around the world, the addressable market for the Graduate brand is 400-500 hotels globally.

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Serviced Apartments

JULY 22, 2024

Reading Time: 2 minutes Europe: An HVS survey of the serviced apartment market in Europe reveals profitability has returned to pre-pandemic levels, driven by leisure demand. Operators which participated in the survey expressed an interest in developing in southern Europe, with Italy, Spain and Portugal the main target markets.

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Marketing 52

Modern Restaurant Management

NOVEMBER 6, 2019

annually between 2018 and 2028. million by 2028. million by 2028, its lowest level in 65 years. Population growth at an expected annual rate of 0.7 percent between 2018 and 2030, accompanied by changing demographics in the next decade, are expected to lead to an average labor growth rate of 0.5%

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Back of House Download Definition Marketing 154

Hotel Business

MAY 24, 2024

Omni Hotels & Resorts is a recognized leader in the convention center hotel market, and we excel at developing hotels that reflect the dynamic local culture of a destination. Design and construction will begin in 2025, with an expected opening in 2028-2029. Sawaya, president/CEO of the convention center. “It

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Hotel Owner

FEBRUARY 27, 2024

Savills handled the sale, highlighting the property’s unique appeal and strong return potential in the luxury hospitality market. With expansions in France, Belgium, and upcoming openings, including a site in London’s Whitechapel, Adagio continues its growth trajectory towards 200 aparthotels by 2028.

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EATER

DECEMBER 21, 2023

The dry bean market is expected to grow to $8.7 billion by 2028 , while the canned bean industry raked in $5.65 billion by 2033, according to the market research firm Fact.MR. The marketing worked: Bold Bean Co.’s Perhaps it’s deceiving, perhaps it’s smart marketing, perhaps it’s both. Bold Bean Co.

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Serviced Apartments

JANUARY 19, 2024

The uplift in revenue and improved margins are testament of Ascott’s ability to leverage pricing power and meet market demand, contributing to an overall enhanced financial performance of the Oakwood portfolio post-acquisition. The strategic benefits of inorganic expansion extend beyond incremental growth.

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Travel and Tourism Scheduling Catering Marketing 52

Serviced Apartments

FEBRUARY 29, 2024

The company aims to achieve more than S$500 million in fee earnings by 2028. Currently, Ascott is a vertically-integrated operator of around 950 properties across more than 220 cities globally, represented by a portfolio of 14 brands.

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Marketing 52

Serviced Apartments

APRIL 4, 2023

Mark Chan, COO at Frasers Hospitality, said: “[The company’s] 25 years as a trusted name in service hospitality is especially pertinent now as the market for extended-stay accommodation grows as an outcome of changing travel needs.

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Marketing 52

Les Roches

APRIL 29, 2024

In financial terms, the global events industry is expected to reach a value of $2 trillion by 2028. So, the job market size opportunity is there; you just need to have the right knowledge and skills to blend into this amazing industry.

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Events Travel and Tourism Marketing Program Management 98

The Restaurant Times

SEPTEMBER 16, 2021

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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Hotel Business

NOVEMBER 13, 2023

voco Missoula Downtown joins a roster of more than 100 signed and opened voco hotels across more than 20 countries, bringing the brand closer to its goal of reaching 200 global in-system hotels by 2028 and maintaining its status as IHG’s fastest-growing premium brand. of meeting and event space. LinkedIn and PayPal.

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Scheduling Events Marketing 59

Hotel Business

OCTOBER 26, 2023

Our economy brands gained market share domestically amidst a backdrop of normalizing U.S. Adjusted EBITDA increased 5% to $200 million primarily reflecting higher fee-related and other revenues as well as marketing fund variability. economy brands gained market share of 100 basis points in the third quarter.

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Hotel Business

OCTOBER 25, 2023

IHG Hotels & Resorts has revealed a slate of voco hotels properties across its European markets as the brand’s growth continues. The incoming properties will bring the brand closer to its global ambition of reaching 200 properties in leading urban and leisure locations by 2028.

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Scheduling Definition Communication Marketing 64

Serviced Apartments

NOVEMBER 1, 2022

IFC, a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets, is the sole subscriber for the JPY16.5 per cent reduction in electricity consumption by December 31, 2028. billion (about S$157.4 million) sustainability-linked bond. .

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Marketing 52

Restaurant Engine

FEBRUARY 23, 2022

Looking to expand your market reach? You’re still operating in a crowded and competitive market. Another cost you might take into consideration is your online marketing. The food delivery and takeout business is growing exponentially, and it’s a crowded market. through 2028.” Try a cloud kitchen. Final Thoughts.

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Sanitation Marketing Article Training 72

NCC USA

AUGUST 31, 2022

One of the biggest reasons to consider deploying a kitchen display system (KDS) is the growing quick service restaurant (QSR) market. Verified Market Research predicts a 5% CAGR with growth from $261 billion In 2020 to $386.55 billion in 2028.

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Restaurant Engine

DECEMBER 8, 2021

The global restaurant point-of-sale system market is expected to reach nearly 26 billion dollars by 2028. How about upgrades? Knowing the answers to these questions can help you find the best POS system. Final Thoughts. So, you can see the popularity is rising.

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NCC USA

NOVEMBER 29, 2022

Market data shows sales of kiosks topped $234.6 million in 2021 and are projected to grow to $665 million in 2028, sporting an impressive 16% CAGR. Before you jump on this particular bandwagon, you need to make sure you have a plan. Use this checklist to ensure you get the most value from your investment.

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