Hotel Business

MAY 29, 2024

Lodging Econometrics (LE) has released the latest on hotel development for the New York City market, prior to the NYU International Hospitality Industry Investment Conference. Of the top 50 markets in the U.S., Of the top 50 markets in the U.S., The market also was the leading market for construction starts in Q1 2024.

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Hotel Business

SEPTEMBER 12, 2024

Hotel Construction Pipeline Trend Report paints a picture of robust growth and strategic focus. With a significant concentration of projects scheduled to start in the next 12 months and early planning stages, particularly in the upscale and upper-midscale segments, the industry appears poised for substantial new supply growth.

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Modern Restaurant Management

JUNE 14, 2024

Costantino, Senior Content Marketing Manager and Host of The Pre-Shift Podcast at 7shifts, told Modern Restaurant Management magazine. "Changes in culture should include fostering an environment of regular recognition and constructive feedback. .

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Hotel Business

AUGUST 2, 2023

The markets with the most projects currently under construction at the Q2 close are New York with 47 projects/8,201 rooms and Phoenix with 29 projects/6,064 rooms. At Q2, the top 25 markets in the U.S. More than a quarter (26%) of the new hotels forecast to open between now and 2023 year-end are concentrated within 10 markets.

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Hotel Business

JUNE 18, 2024

Lodging Econometrics (LE) has released the Q1 hotel development data for the Charlotte market ahead of the Hospitality Industry Technology Exposition and Conference (HITEC). markets by project counts. Within the Charlotte market, at the close of the first quarter, hotels under construction stand at 11 projects/1,435 rooms.

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Horizon Hospitality

MAY 27, 2024

However, for these projects to pay off for clubs, they must not let member satisfaction slip during construction. If your private club renovation is about to break ground, consider the following: Generate Excitement with Members If you can muster up excitement among members, there will be far less grumbling about the construction mess.

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Hotel Business

OCTOBER 29, 2024

These top five markets combined account for 732 projects/88,904 rooms. markets stand out for their active under-construction hotel projects. Dallas, with 73 projects/8,708 rooms, has the most projects scheduled to start in the next 12 months. According to the Q3 2024 U.S. In Q3, five U.S.

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Hotel Business

JULY 18, 2024

The LCP Group LP , a vertically integrated, private real estate investment firm specializing in hospitality investing and lending, has originated construction financing for the Moxy Centennial Olympic Park, located in Atlanta’s downtown entertainment district. The hotel is scheduled to open during the second quarter of 2026.

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Hotel Business

APRIL 29, 2024

Construction Pipeline Trend Report from Lodging Econometrics (LE) reports that, at the close of the first quarter, the top five markets with the largest construction pipelines are led by Dallas with 185 projects/21,882 rooms, slightly below record-highs recorded at the end of Q4 2023. The recent U.S. In the top 25 U.S.

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Hotelogix

SEPTEMBER 12, 2024

  Constructive criticism and praise serve as a barometer for guest satisfaction and can guide management in making necessary adjustments to services, amenities, and operations. Marketing Insights  The aggregate data collected from review websites can offer profound marketing insights.

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Competitive Analysis Guest Satisfaction Customer Service Book 211

Hotel Business

AUGUST 30, 2023

In the Q2 ‘23 Global Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts state that the total global construction pipeline stands at 14,572 projects/2,310,238 rooms, up 3% year-over-year (YOY) by projects and 1% YOY by rooms. Following distantly is India with 480 projects/57,161 rooms, the U.K.

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Hotel Business

JANUARY 4, 2024

After first introducing an extended-stay concept—then known as Project ECHO—in March 2022 , Wyndham Hotels & Resorts has shared exclusively with Hotel Business the progress it has seen with its ECHO Suites Extended Stay by Wyndham brand, with several hotels under construction and the first openings expected in the coming months. “We’re

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Modern Restaurant Management

MAY 6, 2021

Construction of outdoor seating. equipment, accounting, training, legal, marketing). Documentation showing gross receipts (business tax returns 1120, 1120S, 1065, 1040 Schedule C, bank statements, externally or internally prepared Profit and Loss Statements, Point of Sale reports, and 1099-Ks). Business mortgage obligations.

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Hotel Business

FEBRUARY 27, 2023

The 16-story, 306-room hotel is scheduled to open in spring 2024 adjacent to Nashville Yards downtown. An official topping out ceremony was held late last week at the construction site of the new hotel. We are thrilled to partner with Hilton and Bell Construction to bring a new era of lifestyle hotel to Nashville.

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Boutique Hotel News

MARCH 9, 2023

Catherine Hilt, group senior manager of development at Ruby, said: “Within Rome’s market, which is demonstrating stable growth, affordable luxury is an over proportionately growing, albeit underserved, niche segment. The Rome hotel is scheduled to open in 2025. With our Lean Luxury concept, we aim to address this specific demand.

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EATER

OCTOBER 26, 2021

La Boqueria and its fellow markets are often crowded hot spots, but absolutely unmissable for visitors Barcelona’s markets draw crowds. Most stalls are run by families with deep knowledge about their products — products that are the foundation of the “market cuisine” sold at the many bars and small restaurants. to 8:30 p.m.

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7 Shifts

AUGUST 18, 2024

But the challenges don’t stop there—once open you have to focus on improving processes, managing labor schedules, and controlling restaurant costs. A restaurant expense is a recurring payment that generates revenue like utilities, rent, payroll, or marketing. Construction and renovation costs differ by location and contractor.

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Modern Restaurant Management

JUNE 11, 2024

Equally, it’s important for designers to honor the brand while guiding new locations to adapt to specific markets and trends, creating a distinct, unique experience that separates itself while keeping a hold on that connection. From there, you can maintain the look and feel, staying true to the owner’s vision.

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7 Shifts

MARCH 11, 2020

Other tools that will make your restaurant run smoothly are an employee scheduling tool (starting at $17.99/month You’ll likely need the help of legal counsel, a business strategist, accountant and bookkeeper, and marketing and PR consultants to set yourself up for success. month ) and a reservation management tool ($200+/month).

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Hotel Business

JANUARY 23, 2023

In the most recent Construction Pipeline Trend Report for the U.S. construction pipeline stood at 5,465 projects/650,626 rooms, up 14% by projects and 12% rooms year-over-year (YOY). In Q4, all stages of hotel construction in the U.S. construction pipeline at year-end ’22 appeared first on hotelbusiness.com.

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Boutique Hotel News

OCTOBER 27, 2022

The focus of the event, Sailing through the storm, involved six short presentations providing a state-of-the-market snapshot of debt finance, equity investor sentiment, valuations, operations, brand, and the distribution landscape. Combined, this means the senior lending market isn’t as competitive as it once was.

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Hotel Business

JANUARY 3, 2023

billion construction loan to complete Fontainebleau Las Vegas, the 67-story hotel, gaming, meeting and entertainment destination coming to the north end of the Las Vegas Strip. billion in financing in today’s market speaks to the widespread confidence in this project, and the team that’s come together to bring it to Las Vegas.”.

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Hotel Owner

OCTOBER 20, 2023

Octopi Property has enlisted Silverstone, a national firm of chartered building surveyors and project managers, to oversee the construction of a new, eco-friendly hotel named Cliffemount at Runswick Bay in North Yorkshire. Construction is scheduled to begin in late Spring 2024, subject to planning consent.

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Modern Restaurant Management

DECEMBER 29, 2023

It will continue to be a rapidly evolving area for growth for players who understand the game, but like all investments, will likely be subject to market conditions. Creative Growth Strategies Emerge Development pipelines were choked this year, due to long-time supply chain delays, high construction expense, and a lack of lending options.

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Hotel Business

NOVEMBER 20, 2024

hotel construction pipeline, with full-service projects—encompassing luxury, upper-upscale, upscale and casino properties—representing 2,295 projects and 349,812 rooms, or 37% and 48% of the total pipeline respectively. market, predominantly in the high-demand extended-stay category. Limited-service accounts for 81% of U.S.

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Hotel Owner

MARCH 25, 2024

Keeping an eye on trends within the spa and wellness industry and conducting your own market research will also positively influence your spa offerings. Construction and renovation: Execute the refurbishment plan, coordinating construction activities, sourcing materials, and overseeing installation of spa equipment and amenities.

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Hotel Business

APRIL 24, 2024

Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there are 6,065 projects with 702,990 rooms in the pipeline. Presently, there are 1,144 projects comprising 141,336 rooms under construction, marking a 9% increase in projects and a 1% increase in rooms YOY.

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Hotel Owner

MAY 5, 2023

Radisson Hotel Group has announced the signing of its first Prizeotel property in Dublin which is scheduled to open in Q1 2025 in Dublin. We believe Dublin Prizeotel will be well received by the tourist and corporate market in an area which is underserved by quality hotel offerings.

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Modern Restaurant Management

MAY 28, 2021

Top Marketer : Dan Farrell, Multi-units in MI. This expansion is part of the brand's established presence in the market and increases its off-premise capabilities. Highest Average Ticket Price : Michelle Constantino, Naperville, IL. Best New Store Launch : Angie Lacey, Nocatee, FL. flip'd by IHOP.

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7 Shifts

DECEMBER 3, 2019

Will the concept appeal to people in this market? While some of the contents of your previous business plan(s) may be applicable—such as your menu items and your branding—your location-based market analysis, operations plan, and financials section should be entirely different from previous plans. Why or why not? If so, when?

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Modern Restaurant Management

FEBRUARY 18, 2020

” Their answers touched on a variety of subjects including AI, virtual reality, virtual kitchens, staffing and retention, social media marketing, sustainability and third-party delivery. One great thing about the online delivery market is that it produces massive amounts of data. Store schedules and labor management.

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Hotel Owner

MARCH 25, 2024

By conducting a thorough market analysis and a SWOT assessment, hotel owners can identify areas for improvement and define specific, achievable goals. 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.

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Budgeting Communication Guest Satisfaction Marketing 98

Hotel Business

FEBRUARY 15, 2024

With remote work, flexible schedules and an increased desire for more home-like atmospheres, the extended-stay segment has experienced unprecedented growth in the U.S. hotel construction pipeline reached its highest level for projects with 5,964 projects and 693,963 rooms. construction pipeline. 1 603-431-8740, ext.

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Hospitality Net

JULY 8, 2024

Construction has already started and the property is scheduled to welcome its first guests in 2025.Conveniently Conveniently located for guests to explore Vienna, the new Bob W property provides excellent public transport links to the rest of the city, including the many historic and cultural attractions and business districts.

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Modern Restaurant Management

MARCH 11, 2020

.” Derek Jones, President of Smart Foodservice, commented, “The management team at Smart Foodservice very much looks forward to working with the team at US Foods in accelerating our growth in the attractive cash and carry foodservice market. Brands Join DDK. Two-Hens Growth Fueled by Accelerator Program.

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Hospitality Net

JUNE 19, 2024

Lodging Econometrics (LE) has released the Q1 hotel development data for the Charlotte, NC market ahead of the Hospitality Industry Technology Exposition and Conference (HITEC).The markets for the largest hotel construction pipeline by project count. markets for the largest hotel construction pipeline by project count.

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Modern Restaurant Management

APRIL 11, 2022

When issues are discussed constructively with input from those on the team, a stronger sense of cohesion can be achieved. Make time to bring the staff together, either at times when they aren’t scheduled for a shift or, if possible, before or after restaurant hours. Communicate Better.

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