This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Other promotions include: Lindsay Meadows has been promoted to SVP, accounting & procurement. Since joining HE in 2022, she has been instrumental in optimizing procurement strategies and vendor relationships. Brad Read s promotion to SVP, finance recognizes his contributions to strategic finance and commercial operations.
30, reported domestic RevPAR growth accelerated quarter-over-quarter, increasing by 15.2% Domestic RevPAR growth has surpassed 2019 levels for 16 consecutive months through Sept. The number of domestic franchise agreements awarded in the quarter increased by 38%, compared to the same period of the prior year.
Dinner parties became normal, and hosting a way to both gather your friends and show off your domestic skills. If you’re planning to host a group that wants to feast on caviar, king crab legs, or some other outrageously priced delicacy, it’s perfectly reasonable to ask attendees to chip in to procure these extravagant ingredients.
We have also got a larger potential deal space since the merger, and we have also been able to really harness the benefits of all what we call proprietary tools that were developed in Aimbridge across financial, commercial and procurement platforms. What trends are you seeing currently in the hospitality industry?
First-quarter 2023 domestic effective royalty rate increased 6 basis points to 4.99%, compared to the same period of 2022. Platform and procurement services fees increased 18% to $13.8 Domestic royalties increased 13% to $98.2 The total number of domestic hotels and rooms, as of March 31, 2023, increased 6.5%
Other promotions include: Lindsay Meadows has been promoted to SVP, accounting & procurement. Since joining HE in 2022, she has been instrumental in optimizing procurement strategies and vendor relationships. Brad Read s promotion to SVP, finance recognizes his contributions to strategic finance and commercial operations.
Domestic RevPAR increased 12.7% The growth of the company’s domestic upscale, extended-stay and midscale brands accelerated from Sept. Platform and procurement services increased 18% to $75.1 The company’s domestic effective royalty rate for the full-year ended Dec. Domestic RevPAR increased 12.7%
The poll was answered by 289 travel and procurement managers from around the world (64 per cent UK, 22 per cent Europe, 14 per cent rest of the world). We have blocked air options for domestic travel within our OBT. BTN Group’s executive vice president Louis Magliaro said: “We talk io corporate travel and procurement managers daily.
With 25 years of experience in corporate travel, MICE and procurement, Ahmed will work closely alongside Sofia Oragano, senior director of international sales, and Jacqueline Ang, director of supply chain, APAC. It marks the first time Synergy has both sales and supply chain representation in India.
Domestic RevPAR growth accelerated quarter-over-quarter, increasing by 20.4% The company’s total domestic pipeline as of Dec. The company’s total domestic pipeline as of Dec. Domestic systemwide RevPAR growth surpassed 2019 levels for 19 consecutive months through Dec. Domestic royalties totaled $434.3
Financial performance Platform and procurement services fees increased 8% to $15.5 Domestic RevPAR decreased 80 basis points and increased 140 basis points for the three- and nine-month periods ended Sept. Domestic effective royalty rate for both the three-month and nine-month periods ended Sept. 30, increased 13% from Sept.
Here is an overview: Social Distancing policies are expected by most people at different points throughout the process of procuring food at retail or restaurants, specifically while waiting in line to pay or to get into the establishment due to capacity management. Travel domestically (35 percent) versus travel internationally (18 percent).
As such, the vast majority of the Pakistani American diaspora are unable to procure their homeland’s national fruit easily. But, as I learned after I tasted the mangoes I’d procured through WhatsApp, I was wrong. Although the Pakistani mango has been approved for import to the U.S.
When it comes to favourable circumstances, we could definitely name a few: More room in the job market, making it easier to procure qualified staff. The same applies to Non-domestic travel. Something that before the crises could not be taking for granted. Closures of competition, sadly, many hotels businesses have had to pull the plug.
Flavored ices and frozen desserts have been coveted for thousands of years, across many cultures, by people who have gone to great lengths to procure them. Buy it on Bookshop or Amazon.
Domestic rooms pipeline as of Sept. 30 accelerated across its domestic and international portfolio from June 30. Platform and procurement services fees increased 4% to $16.2 Third-quarter domestic effective royalty rate increased 6 basis points to 5.05% compared to the same period of 2023. Global pipeline as of Sept.
year-over-year net increase in our more revenue-intense domestic rooms portfolio, a testament to the success of our growth strategy,” said Patrick Pacious, president/CEO, Choice. growth for domestic upscale, extended-stay and midscale rooms portfolio, compared to Dec. Increased domestic RevPAR by 4.5% from year-end 2023.
For this year’s Green Book purchasing report, Hotel Business spoke with Jocelyn Lurie , VP, procurement, Throughline by IIG ; Lori Patten , principal, Patten Purchasing LLC ; Nicole Schmidt , founder/CEO, Source ; and Eleanor Waddell , VP, strategic growth and business development, Avendra International.
We organize all of the trending information in your field so you don't have to. Join 11,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content