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Hotel development surge: Thousands of new projects poised to break ground

Hotel Business

Hotel Construction Pipeline Trend Report paints a picture of robust growth and strategic focus. As economic conditions evolve, particularly with anticipated interest rate reductions, we can expect to see many of these planned projects move swiftly into the under-construction phase. Lodging Econometrics’ (LE) Q2 2024 U.S.

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How Restaurant Franchises Are Growing Through Rising Inflation

Modern Restaurant Management

Growing franchise businesses, in particular, have the leverage to work with vendors on securing better contracts given expected future growth. A greater level of corporate support means access to individuals specifically focusing on these aspects of business, developing strong networks that can thoroughly address each problem area.

Pricing 188
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US extended-stay projects lead Q2 pipeline

Serviced Apartments

US: According to businesses development database Lodging Econometrics, developers in the US have more extended-stay projects in the pipeline than hotels. Lodging Econometrics reported that in Q2 2023, developers increased their pipeline of extended-stay projects by 18 per cent year-over year.

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HVMG bolsters leadership team

Hotel Business

The strategic promotions and new leadership team additions include Sue Sanders to EVP, chief strategy and administrative officer; Wilson Turner to SVP, human resources; Angie Cook to SVP of accounting and finance; Suzanne Saunders to SVP, design and construction; and Bob Kisker to VP, operations.

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MRM People & Places: Cassoulet War, Zagat Stories and AQUAlounge

Modern Restaurant Management

” At 3,900-square-feet, the build out of AQUAlounge is projected at $5 million, and construction is scheduled to begin in February of 2020. Hayes is responsible for leading the business development and customer relationship management of the entire McLane Foodservice portfolio of 33 leading restaurant brands. .

Marketing 167
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Decade of Disruption: Restaurant Insiders Dish What’s on the Plate

Modern Restaurant Management

In my fiscal and strategic view, restaurant groupings of multiple locations and offerings using one accounting, HR, and legal system will continue to disrupt the industry, AND those single-location restaurant business models struggling to eke out a living. Eddie Hall, business development director & food safety expert at Vital Vio.

Marketing 215
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Digital Dining and ‘Restaurant Recovery’ Show

Modern Restaurant Management

.” As the restaurant industry continues to adapt to the impacts and demands of the pandemic, this podcast will serve as a platform to inform operators of best practices their peers are implementing to keep guests and employees safe, and provide perspective on what tomorrow looks like for the business of restaurants.