Modern Restaurant Management

MAY 21, 2021

Make sure to account for architectural fees in your budget. An architect can help guide you through building selection and design, while also sorting through the inevitable code issues that arise during restaurant design and construction. Make sure to include these costs in your budget. What is the construction schedule?

Scheduling 203

Scheduling Training Budgeting Accounting 203

Modern Restaurant Management

MAY 12, 2020

Pitfall #2: Underestimating construction expenses. Protect against these stressors by ensuring you have a reasonable budget that includes the flexibility to deal with unexpected construction expenses without sacrificing quality. Pitfall #3: Not Hiring local construction professionals. What are the inspection wait times?

Sanitation 173

Sanitation Pricing Server Budgeting 173

Hospitality Net

SEPTEMBER 10, 2024

The dual openings reflect continued demand for the Red Roof economy lodging brand and underscore the company’s unwavering commitment to a quality experience and great value for budget-conscious travelers.

Budgeting 98

Budgeting 98

Hospitality Net

AUGUST 19, 2024

Each year, HVS researches and compiles development costs from our database of actual hotel construction budgets. This source provides the basis for our illustrated total development costs per room and per product type.

Budgeting 104

Budgeting 104

Hotel Owner

MARCH 4, 2025

The site has been acquired, and construction will begin in spring 2025, with the opening planned for late 2026. We have evolved and created a budget product that is attractive to both travellers and investors, elevating it to a new level. The newest project, A&O Heidelberg, will feature 118 rooms in a five-story building.

Budgeting 52

Budgeting Book 52

Modern Restaurant Management

JUNE 11, 2024

Additionally, maintaining a keen eye on cost is key to mitigating unforeseen circumstances, balancing landlord incentives with owner budget while navigating escalating building and FF&E costs. How do you maintain brand integrity through design? Our design needed to be durable to handle the large thru-put of Resorts World guests.

Budgeting 35

Budgeting Scheduling Communication Magazine 35

Hotel Owner

DECEMBER 6, 2022

The hotel will be developed to Travelodge’s new budget luxe premium look and feel design, the group’s “most radical transformation to date”. Construction will be undertaken by Marshalls Construction and commenced last month.

Budgeting 105

Budgeting Accounting 105

Modern Restaurant Management

SEPTEMBER 23, 2022

Similarly, the interior lighting choices required subtlety to create a mood for patrons, while providing enough task lighting for bartenders to work efficiently.

Budgeting 167

Budgeting 167

Hotel Owner

NOVEMBER 22, 2024

Reporting to Whitbread’s head of construction (London and South), Murphy will lead the delivery of the newbuild Premier Inn and hub by Premier Inn hotels within the capital and the wider south-east. Starting his career in property agency, Murphy rose up the ranks of “leading” global property consultancies before joining Whitbread.

Budgeting 52

Budgeting Marketing 52

Hospitality Net

MAY 2, 2023

It was purchased in June 2021 by co-owners Steve Resch, of Resch Property Group and Resch Construction, and Chad Sprigler, of The Sprigler Company, both based in New Albany. With a total development budget of $29 million, renovation and new construction will begin in late Spring 2023.

Budgeting 98

Budgeting 98

Serviced Apartments

OCTOBER 31, 2024

Reading Time: 7 minutes UK: UK Chancellor Rachel Reeves MP has delivered a Labour Budget for the first time in 14 years as the government warned of “difficult” decisions to “restore economic stability” and plug a £22 billion black hole in public finances that was estimated by the Office for Budget Responsibility [OBR].

Budgeting 52

Budgeting Travel and Tourism Property Development Accounting 52

Larry Mogelonsky

JANUARY 27, 2025

This isnt to say that they dont care about constructing great properties (their reputation depends on it!) Taken together, its these sorts of in-room experiences combined with enhanced amenities on premises that allow a hotel to grow nightly rates and generate strong returns.

Events 130

Events Guest Satisfaction Maintenance Information 130

Modern Restaurant Management

OCTOBER 17, 2022

Determining the best loan for your business depends on your return on investment, budget, timelines, and qualifications, but comparing and selecting the best small business loan is simpler than you think. Business owners with a three-year or longer business history and credit scores above 700 are most likely to qualify for one of these loans.

Budgeting 203

Budgeting Article 203

Modern Restaurant Management

NOVEMBER 6, 2023

It fluctuates daily, driven by factors such as local events, traffic and construction, and weather conditions. With highly accurate demand forecasts, restaurants can create optimized labor plans, budgets, and schedules, freeing up managers to spend more time training employees — and serving customers. #2:

Scheduling 201

Scheduling Budgeting Training Customer Service 201

Hotel Owner

OCTOBER 3, 2024

The 693-bedroom hotel, which will be one of London’s largest budget hotels when it opens, will be operated under the hub by Premier Inn brand. The £200m+ investment, which includes construction and related costs, underlines the company’s commitment to the hub by Premier Inn brand.

Budgeting 98

Budgeting Marketing 98

7 Shifts

MARCH 11, 2020

Don’t forget to budget for training, installation, and support costs. Utilities Budget 5% of your operating budget for utilities. We recommend setting aside a marketing budget of at least $1,000 to launch your restaurant. Renovations Budget for more than you think you’ll need for your renovations.

Budgeting 141

Budgeting Scheduling Training Bookkeeping 141

Hospitality Net

JULY 28, 2023

Each year, HVS researches and compiles development costs from our database of actual hotel construction budgets. This source provides the basis for our illustrated total development costs per room/per product type.

Budgeting 83

Budgeting 83

Modern Restaurant Management

JULY 16, 2024

Cost conscious consumers are looking for budget-friendly options. The higher land costs combined with higher construction costs have led to huge upfront capital requirements. There is a high demand for dining experiences and consumers are now putting more of their budget towards eating out.

Budgeting 100

Budgeting Marketing Magazine 100

Hotel Owner

OCTOBER 16, 2023

Budget operator EasyHotel reported a significant revenue increase in the first half of the year, with a 45% rise in Revenue Per Available Room (RevPAR) across its properties. Their offerings focus on quality, budget-friendly, and eco-friendly accommodations, making them attractive to a wider audience.

Budgeting 98

Budgeting Catering Pricing Marketing 98

Modern Restaurant Management

AUGUST 11, 2022

Build It By Design gave Sansa an eight-to-ten-week timeline for construction and stuck to it. The size of this project was 2500 square feet and was completed in 10 months with a budget of $600,000. This helped Sansa get started on a solution as quickly as possible to keep the project moving.

Scheduling 179

Scheduling Budgeting 179

Hotel Owner

NOVEMBER 29, 2024

Excuses Are Holding You Back It’s easy for the common excuses to slip out and whilst they are often comforting they are not constructive such as: “We’re a people hotel.” We don’t have the budget.” Let tech handle admin so your team can focus on guests. We’re too busy.” Tech is a time-saver, not a time-suck. “Our

Guest Satisfaction 72

Guest Satisfaction Budgeting Communication Information 72

Hotel Owner

DECEMBER 20, 2023

Recent data from CoStar has found that the construction of hotels in the UK has slowed but is still being propped up by projects which were delayed by the pandemic. The UK currently has around 22,500 hotel rooms under construction and expected to enter the market by the end of 2026, with most due to open next year.

Budgeting 98

Budgeting Marketing Presentation Pricing 98

Hotel Owner

DECEMBER 15, 2022

Travelodge has announced it is set to open a new site in Rotherham, with construction underway on the town’s first branded hotel. Rotherham Travelodge, a 69-room hotel, will be the group’s 36th hotel in Yorkshire as well as the county’s first new-build, budget-luxe Travelodge hotel. . It is scheduled to open in 2024.

Budgeting 104

Budgeting Scheduling 104

eZee Absolute

DECEMBER 7, 2023

Myth #2: Revenue management is only for mathematics enthusiasts When we talk about aspects like pricing, revenue, or budgeting, many think that it is the job of someone who has a strong grip on mathematics. And this makes the budget players feel that they need a humongous amount of money to reap its benefits. That’s not all.

Budgeting 98

Budgeting Pricing Blog Information 98

Hotel Owner

SEPTEMBER 19, 2023

A new Ibis Styles hotel is under construction in Burton-Upon-Trent. The construction of the hotel started in May 2023 and is expected to open in the second half of 2024 under a franchise agreement. Hospitality group Accor has announced the signing of two new hotels in the UK under Ibis and Ibis Styles brands.

Budgeting 97

Budgeting Marketing 97

Revenue Hub

MAY 1, 2024

Commonly included in the proposal are: Company name and information Purpose for the RFP Dates Attendees Guest room types Number of rooms needed Amenities Concessions Transportation Conference rooms and meeting spaces Event venues Budget Deadline for response 2.

Events 109

Events Article Budgeting Reservations 109

Larry Mogelonsky

MAY 27, 2024

In mid-2009, Veit took on a larger role for the Oetker Collection, acting as the Director of Spa Development for seven years where he helped manage new resort spa constructions as well as the design of multi-night wellness packages and a variety of onsite programs to meet guest needs.

Book 130

Book Budgeting Reservations Accounting 130

Hotel Owner

MARCH 25, 2024

When embarking on the spa refurbishment process, you must consider a range of different factors and carefully plan, coordinate and execute the following steps: Planning and budgeting: Define the scope of the refurbishment project, establish a budget, and create a timeline for completion.

Budgeting 98

Budgeting Training Scheduling Catering 98

7 Shifts

AUGUST 18, 2024

For example, you may choose to lease and not incur construction costs The cost ranges are only guidelines and your cost will differ The suggested expense to sales percentages are only recommendations Some costs will be both startup and operating costs. Construction and renovation costs differ by location and contractor.

POS Systems 148

POS Systems Scheduling Budgeting Pricing 148

Hotel Owner

MARCH 25, 2024

A meticulously crafted plan serves as the roadmap for the refurbishment, working out timelines, budget allocations, and resource requirements. Whether the aim is to modernise facilities, reposition the hotel in the market, or enhance accessibility, clarity in objectives guides decision-making throughout the project lifecycle.

Budgeting 98

Budgeting Communication Guest Satisfaction Marketing 98

Hotel Business

JULY 24, 2024

Having broken ground on this location in West Jordan, UT, in June 2023, the 126-suite hotel was constructed in just over 12 months and offers modernized suites with fully equipped kitchens and technological enhancements that improve the overall extended stay experience, the company reports.

Budgeting 59

Budgeting Scheduling Catering Marketing 59

Hotel Owner

JULY 11, 2024

Hotel and leisure construction will see a 14% rise in 2024 after a significant slump of 23% last year, according to a new report by Glenigan, a provider of construction project sales leads, industry data, analysis, forecasting and company intelligence.

Budgeting 52

Budgeting Scheduling Marketing 52

Service that Sells

JANUARY 3, 2023

You’ve probably already started on the New Year’s resolutions you made for your personal life – go the gym, cut the carbs, stick to the family budget, and so on. Give constructive feedback frequently. But have you thought about personal resolutions that can affect your restaurant? Learn key restaurant phrases in Spanish. That’s you.

Communication 82

Communication Blog Budgeting Training 82

Serviced Apartments

JULY 26, 2024

LivAway Suites caters to construction workers, travelling medical professionals, the military, displaced families, digital nomads, and others seeking intermediate to long-term accommodations. Our budget savings on this project are evidence of that.”

Budgeting 52

Budgeting Scheduling Catering Marketing 52

EATER

JUNE 13, 2023

What has changed is the culture around the humble picnic: thanks to inflation’s impact on both personal budgets and menu prices, along with subliminal social conditioning by certain aesthetics popular on TikTok (see: coastal cowgirl , cottagecore) the picnic in 2023 sits at the intersection of fashion and practicality.

Budgeting 97

Budgeting Pricing 97

Hotel Owner

DECEMBER 18, 2023

I have brought over 30 years of property and construction experience to my role as development director at Queensway Group – who owns Point A Hotels – having joined this spring. Dublin has a strong tourist economy, and the demand for budget boutique accommodation there is unmatched.

Travel and Tourism 98

Travel and Tourism Budgeting 98

Hotel Owner

FEBRUARY 15, 2023

in the year to December 2022 – which was the highest rate since the constructed historical estimate of 11.4% She added: “This can be avoided if the chancellor takes action at the Budget, to tackle the root causes of inflation in hospitality, allowing the sector to help reduce inflation. in the year to December 2022, to 9.4%

Pricing 98

Pricing Budgeting Marketing 98