Hospitality Net

AUGUST 30, 2024

This highly anticipated hotel is scheduled to open in January 2029, promising to elevate the hospitality experience in Varanasi, one of the world’s oldest living cities and a renowned centre of spiritualism and culture.

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Hospitality Net

OCTOBER 18, 2024

The new resort and residences will be a stunning addition to Baha Mar’s “luxury of choice” collection, with a projected opening in 2029. The leading luxury resort Baha Mar announces expansion plans to add a 4th luxury resort as the next phase of its continued development.

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Hospitality Net

OCTOBER 30, 2024

Million in Christchurch, New Zealand, The Adelphi Hotel on Flinders Lane Sold for AUD19 Million in Melbourne, Australia, CLAS Divests Somerset Olympic Tower Tianjin in China, Joint Venture between Ascott China and Jin Jiang China, New Mixed-Use Development with Co-Living Units to be Launched in Singapore by 2029.

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Hotel Management Network

JUNE 20, 2024

Lemon Tree Hotels has signed for a new property, Lemon Tree Hotel, Morbi, scheduled to open in the financial year 2029. The post Lemon Tree Hotels signs new property in Morbi, India appeared first on Hotel Management Network.

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Hospitality Net

APRIL 5, 2024

Global leisure travel spending is projected to reach $9,332 billion by the end of 2029, an almost 50% increase from 2023. Today’s consumers feel confident in the value of travel — and are willing to make it a priority. But the vacations they’re craving are changing.

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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. After undergoing an extensive conversion from a House of Fraser department store, the hotel fully opened in October 2023.

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Hotel Owner

OCTOBER 10, 2024

The bank facilities have a five-year term expiring in October 2029 with the option of two one-year extensions. The new lending facilities are made up of a green term loan facility of €100m (£83.6m) and a multi-currency revolving credit facility of €375m (£313m) with opening margin of 1.70% and 1.30% respectively.

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Boutique Hotel News

JANUARY 26, 2023

GHM has become the second hotel partner for Trojena – a mountain destination currently under development that will host the 2029 Asian Winter Games. Saudi Arabia: NEOM Hotel Development has selected General Hotel Management (GHM) to manage The Chedi Trojena.

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Hospitality Net

DECEMBER 6, 2023

Travel Association announced today the 2026-2030 host cities for its IPW international travel trade show: Greater Fort Lauderdale, Florida (2026), New Orleans, Louisiana (2027), Detroit, Michigan (2028), Denver, Colorado (2029) and Anaheim, California (2030).

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Hospitality Magazine

JULY 31, 2023

Now with spirits tax hitting a level that had previously been forecasted not to be reached until 2029, spirits manufacturers are calling on the government to freeze tax and help this growing Australian industry. Spirits and Cocktails Australia Chief Executive, Greg Holland, slammed the increase.

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Boutique Hotel News

JUNE 22, 2023

The broader strategy includes potential ventures to establish a new luxury airline and forge a $500 million e-sports destination, as well as bidding for major sporting events such as the 2029 Asian Winter Games, the 2030 FIFA World Cup [a joint bid with Egypt and Greece] and the Summer Olympic and Paralympic Games in 2036.

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Hotel Owner

OCTOBER 30, 2024

From 2028-2029, personal tax thresholds will be updated in line with inflation, however. The chancellor has also stated that the freeze on income tax and NI thresholds will not be extended. There had been reports that the chancellor had considered extending the freeze beyond 2028 in order to raise more tax revenue.

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Hotel Business

JUNE 1, 2023

Some of the properties are already under development, and all 10 are expected to be completed by 2029. The properties will be in three states, growing My Place’s presence in Tennessee, South Carolina and Georgia.

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Modern Restaurant Management

MAY 15, 2023

Today, the global food delivery app industry is predicted to reach $320 billion by 2029 — up from $140 billion in 2022. Less than two decades ago, restaurant-quality meal delivery was largely limited to pizza and Chinese takeout. Consumers crave convenience.

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Hotel Business

MAY 30, 2024

After ramping up from the recent renovation and the rebranding, the company expects the Resort to stabilize between approximately 10-12x EBITDA in the 2027-2029 timeframe. “We

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Mary Gostelow

FEBRUARY 19, 2024

Sports tourism could be boosted by world athletics in 2029 and the Olympics in 2036. Typical stay is 6.3 days, or 9.3 days internationally. India’s spend on leisure will rise 300% by 2030, with faith tourism growing 16.2%. Watch the emerging powers of seniors and solos travelling, and medical and wellness, plus adventure travel.

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Larry Mogelonsky

OCTOBER 7, 2024

Sitting down with James Barnett, General Manager of the property since September 2023, we talked through the full extent of the new sleep program as well as its context within the broader evolution of this now 95-year-old historic inn.

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Hotel Business

MAY 24, 2024

Design and construction will begin in 2025, with an expected opening in 2028-2029. Negotiations will continue and conclude with final agreements being ready for the authority to review and consider at the end of 2024. The post NOLA convention center hotel plans move forward appeared first on hotelbusiness.com.

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EATER

JULY 31, 2023

It could have something to do with the fact that ice cream is a $73 billion industry , one that’s expected to grow to nearly $105 billion by 2029 , according to the International Dairy Foods Association.

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Serviced Apartments

JUNE 2, 2023

While some are currently under development, all 10 are expected to be completed by 2029. In the first phase of the plan, properties will be built in Tennessee, South Carolina, and Georgia.

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Serviced Apartments

NOVEMBER 1, 2022

The seven-year bond, which will mature in November 2029, is being issued as part of CapitaLand Ascott Trust (CLAS) S$2 billion Multicurrency Debt Issuance Programme. 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

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Revenue Hub

SEPTEMBER 13, 2023

In fact, by 2029 Millennials and Gen Zers are predicted to make up 72% of the world’s workforce. This means that hospitality industry leaders are in a unique position to make sustainability a high-priority business goal that factors in the growing buying power of younger generations.

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Revenue Hub

SEPTEMBER 7, 2023

of CAGR through 2023 to 2029, reaching nearly US$ 1074.4 It might be something to do with the fact that the Online Travel Booking Market was valued at US$ 561.99 billion in 2022 and the total revenue is expected to grow at 9.7%

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Modern Restaurant Management

MARCH 16, 2020

Point-of-sales (POS) Terminals market will grow at a promising CAGR of more than 7 percent between 2019 and 2029. Cloud POS presents lucrative growth opportunities on the back of a stupendous 10 percent CAGR through 2029. by 2029 over 2019. by 2029 over 2019. between 2019 and 2029. during the forecast.

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Hotel Business

JUNE 4, 2024

The anticipated gains are so substantial that by 2029, nearly half of hospitality organizations are expected to earmark as much as 25% of their IT budgets for automation of services and processes, aiming to increase efficiency by 85%.

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The Restaurant Times

JUNE 12, 2021

Globally the use of plant-based products is on the rise and the industry itself could be worth more than $140Bn by 2029. Going by the data, the CAGR growth rate for the vegan market in the MENA region between 2019 and 2027 is projected at an astounding 9.84%.

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Les Roches

JULY 5, 2024

5th July, 2024 In this article The hotel and tourism industry is growing and is estimated to be worth more than $11,000 billion USD in 2029. How can I learn hotel management? Working as a manager in the hotel industry is filled with opportunities for growth, innovation and meaningful connections – and salaries up to around $162,000 per year.

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7 Shifts

JULY 25, 2024

With an expected annual growth rate of 4.57% from 2024 to 2029, meal kits provide an opportunity to increase revenue and reach more customers. Meal kits and subscription boxes Just like delivery and takeout, meal kits and subscription boxes allow customers to enjoy restaurant-quality meals at home.

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Les Roches

JULY 4, 2024

With the hospitality sector expected to grow to more than $11,000 billion USD by 2029 , this is a career with good potential for growth. Online hotel management degrees are designed to equip students with the knowledge, skills and competencies required to excel in this competitive field.

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7 Shifts

MAY 23, 2024

The food delivery app industry is expected to be valued at a whopping $165 billion by 2029. Approximately 57% of millennials say they'd rather place orders and have food delivered at home to watch their favorite movies and TV shows while eating.

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Workforce Bulletin

JUNE 29, 2023

Specifically, beginning January 1, 2024 through July 1, 2029, out-of-state employers that have fewer than fifteen remote employees in Colorado need only notify the employees of remote job opportunities (and not job opportunities that will necessarily be performed outside of Colorado).

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Modern Restaurant Management

OCTOBER 31, 2019

The vegan pasta market is on a pace to grow ~9 percent annually through 2029, propelled in bulk by the global rise in vegan and plant-based eating with astounding stats. Study reports that demand for legumes and fava beans as a source of vegan pasta will increase with striking CAGR of ~12 percent and ~14 percent respectively through 2029.

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Modern Restaurant Management

JANUARY 31, 2020

Sales would multiply at a promising CAGR of over 5 percent during 2019 – 2029, as projected by a new market intelligence report. Evolving food industry trends and changing dynamics of manufacturing and delivering methods in the foodservice industry are primarily shaping the market for foodservice equipment.

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