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The extended-stay pipeline is heating up

Hotel Business

From Q3 ’21 to Q3 ’22, the extended stay new construction pipeline grew 26% Year-Over-Year (YOY) by rooms. Construction Pipeline are extended-stay projects, accounting for 35% of projects and 30% of the rooms in the total U.S. In Q3 2017, projects in the early planning phase stood at 248 projects/23,683 rooms.

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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. and Starwood Hotels and Resorts.

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Everything you need to know about resort development

Les Roches

Resort development is a complex discipline, requiring meticulous planning, strategic design, procurement, construction, operations and marketing. This guide covers everything you need to know about resort development, from planning a resort to effectively managing a thriving destination.

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How to create a business plan for a hotel

Les Roches

Why do you need a hotel business plan? Similar to how architects create blueprints before constructing a building, it’s essential to have a strategic plan when starting a hotel business. It provide­s guidance for your actions and decisions as you take the project forward.

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Hotel revenue management strategies and solutions

SiteMinder

It also allows a deeper level of understanding of your property’s performance during strategic planning. This type of strategy takes supply and demand into account and other factors that may affect market demand; competitor pricing, room availability, seasonality and other external aspects. Revenue management strategy 1.

Pricing 98
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MRM Franchise Feed: flip’d and the Juicey Awards

Modern Restaurant Management

" Digital sales at Noodles & Company grew 110 percent in Q1 2021, accounting for 62 percent of sales, and the launch of this ghost kitchen further supports guests' changing behaviors even as consumers return to dining in-restaurant. Prior to that, he spent six years as real estate and construction manager for BurgerBusters, a Yum!

Marketing 189
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MRM Franchise Feed: Currying Up Favor and Committed Taco

Modern Restaurant Management

" Benihana Plans Franchise Expansion. announced a strategic plan to support the continued expansion of its business. The plan is centered around four key initiatives, which include: New restaurant development in the U.S.; Benihana National Corp. Select U.S. acquisitions; U.S. franchise development; and.