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The rising demand for business travel is not necessarily easy for the industry to handle. Here are just some of the issues travel and hospitality providers are grappling with at the moment.
Acclaimed chef Josh Niland has closed the doors of two Sydney stores. Charcoal Fish in Rose Bay and Fish Butchery’s Paddington location both ceased trading on 31 March. A spokesperson told Nine the reason for Charcoal Fish’s departure was due to “the variable seasonality of that location”, with the store’s Instagram bio reading “closed.
Restaurant operators have faced stiff headwinds since 2020, with a near-constant swirl of inflation, supply chain and labor challenges. But if last year was any indicator, restaurant operators are on the road to relief in 2024. According to September 2023 numbers from the National Restaurant Association , 49 percent of restaurants reported year-over-year increases in same-store sales.
The former operators of three Din Tai Fung restaurants in Sydney and Melbourne have been penalised $4 million in court by Fair Work for underpaying workers and falsifying records. It’s the second-highest penalty ever secured by the Fair Work Ombudsman with Justice Anna Katzmann describing the case as serious and calculated. “[They] deliberately deprived the employees of their legislated entitlements and contrived to disguise their wrongdoing through the creation of a false set of rec
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Fairfield by Marriott, announces its debut in Europe with the opening of Fairfield by Marriott Copenhagen Nordhavn. Situated in Copenhagen’s vibrant North Harbour district, the opening marks a momentous milestone for the trusted brand and its continued global growth. Fairfield by Marriott is the second largest brand within Marriott Bonvoy’s global portfolio with a footprint of over 1,290 open hotels and a healthy pipeline of over 450 properties globally, including 17 additional hotels predicted
Tomekah George Wonder’s big idea for food delivery is to own every aspect of the process, from recipe development to the moment it ends up at your door A few weeks ago, chef JJ Johnson launched a new restaurant concept in downtown Brooklyn. It’s called Bankside, with a menu that includes peel-and-eat shrimp, clam chowder, crispy cod sandwiches, and a lobster roll.
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Tomekah George Wonder’s big idea for food delivery is to own every aspect of the process, from recipe development to the moment it ends up at your door A few weeks ago, chef JJ Johnson launched a new restaurant concept in downtown Brooklyn. It’s called Bankside, with a menu that includes peel-and-eat shrimp, clam chowder, crispy cod sandwiches, and a lobster roll.
TFE Hotels has put their stamp in Docklands… quite literally… with the rebranding of the 273-room Vibe Hotel Melbourne Docklands, which officially welcomed its first guests, Aucklanders Lindy Catchpole and Roberta Donjeany yesterday afternoon.
Adelaide pub Eight Dragons has been acquired by Victorian publican John Upham and Shogroup’s James Wynn. The pair have secured a 37-year leasehold of the Chinatown venue and have already commenced a multi-million dollar renovation of the pub, which will see the installation of a new public bar, food concept, and 175sqm gaming room. “We see the market, and this asset class in particular, brimming with opportunity right now,” says Wynne.
First Hospitality, a national hotel operating, management, and development company, announces the appointment of Matt Schuster as chief financial officer. Schuster brings a wealth of expertise in hospitality finance and investment to this position.
Asian street food eatery Bang Bang is slated to open a new location in Melbourne’s Hampton on 17 April. The opening follows Bang Bang’s flagship location in Melbourne’s Mordialloc. Bang Bang’s menu will feature a range of Asian street food dishes taking inspiration from areas such as Southeast Asia, Japan, Korea, and India. The menu will be split up into sections of bites, raw dishes, gua bao, small plates, large, plates and sides plus a dessert offering.
Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.
Marriott International is thrilled to announce the promotion of Sera Cawanibuka-Seruvatu to the esteemed position of Market Director of Marketing – Fiji & Samoa, effective from April 1, 2024.
As agave prices in Mexico continue to fall and demand for premium-and-above tequila moderates in the United States, alcohol market analysts IWSR says brand owners have an opportunity to improve product quality at lower price points. Agave prices in Mexico hit a record MXP32/kg 18 months ago, but by February 2024 they had plunged to MXP5/kg, and prices are set to keep falling thanks to the large number of plants that have gone into the ground in recent years.
Sabre Corporation, a leading software and technology provider that powers the global travel industry today announced a new agreement with Japanese hotel chain Onko Chishin. The company, which prides itself on immersing guests in the local experience, will be using SynXis Booking Engine and SynXis Retailing to propel its hotels into the future of hospitality retailing, along with a raft of additional Sabre technology solutions.
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Expedia Group has revealed new data highlighting the impact of its advertising tools in boosting travel partners’ visibility on Expedia Group brands and increasing partner revenue during popular cultural events.
Help. | Marc Ensenyat/Airbnb An Airbnb experience is offering diners the chance to spend the night at the restaurant-turned-museum In the mid-2000s, Ferran Adrià’s restaurant El Bulli reigned supreme among the pioneers of modernist cuisine. When the restaurant, which is partly responsible for putting gelees and foams and spherified things on pretentious menus everywhere, closed in 2011, Adrià turned it into El Bulli 1846, a museum that was “designed to be the ideal ecosystem for creativity,” as
The U.S. hospitality industry has made significant strides within the past year, and the pace only continues to grow despite challenges. The AHLA recently predicted the demand for hotel jobs will outpace overall market job growth over the next five years, but at the same time, two-thirds of hotels are still experiencing staffing shortages. CBRE reported that the commercial real estate lending market demonstrated signs of stabilization at the end of 2023 even though transaction […] The post
Driven by a diverse and exciting ecosystem of passionate, ambitious, and often young entrepreneurs, the Food & Beverage (F&B) sector is a highly competitive environment full of immense challenges and exciting opportunities. Expert Market’s 2024 industry report, sponsored by Toast, is informed by a survey of 522 U.S. food and beverage professionals, from restaurant owners to food service managers, providing insights into the real-time challenges and opportunities within the industry.
The international and innovative hotel brand, YOTEL, welcomes guests to its highly anticipated opening of YOTEL Geneva Lake, featuring Switzerland’s first Nordic-inspired gastronomy destination.
Planning a vacation can be overwhelming, but Google Maps is rolling out new features to streamline the process, making it easier for travelers to find inspiration, share recommendations, and get a real sense of a place before they even pack their bags. NB: This is an article from RateGain Subscribe to our weekly newsletter and stay up to date Discover the Best with Updated Lists Google Maps is enhancing its platform to offer trusted recommendations through curated lists from top sites and the Go
Mirroring its identity as a fortress built near the water, Arabella Beach Hotel, Vignette Collection gives a glimpse into Kuwait’s rich heritage to capture the breath-taking allure of the region.
There’s a common myth that TikTok is full of teenagers participating in dance challenges and other viral crazes. While this does exist, a growing number of people use TikTok as a place of community and a platform for connection. NB: This is an article from Cloudbeds , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date TikTok’s algorithm makes it easy to find other users and brands with similar values and interests — and increasingly attracts broad demographics.
Managing HR tasks like payroll, compliance, and employee data can overwhelm small businesses. That’s where a Human Capital Management (HCM) solution comes in. Our eBook, Why Every Small Business Needs an HCM Solution: A Comprehensive Guide , shows how an HCM system automates tedious processes, ensuring your business stays compliant and efficient. You’ll learn how to simplify payroll, eliminate costly errors, and empower your employees with self-service tools.
An urban oasis overlooking Liberty Square, Verno House Budapest, Vignette Collection presents a 50-room hotel evoking the idea of 19th century Budapest - the notion that one can only truly appreciate all the modern attributes of a city if there is a nurturing, natural environment for them to escape to from time to time.
If you’re a regular reader of our informational articles on hospitality marketing, chances are you caught our previous piece on Gmail and Yahoo’s new sender requirements. If not, feel free to hit that link; it’s a convenient primer on the latest updates for crafting emailed communication, with handy, “news-you-can-use” tips for increasing open rates and engagement.
UK: Voting is now open for three categories of the Serviced Apartment Awards, with the winners due to be revealed on 23 May 2024 at Leonardo Royal Hotel London Tower Bridge. Every year, a handful of SAA categories are voted for online by readers of Serviced Apartment News. In addition to Rising Star and Inspiration Inspiration, new for 2024 is Team of the Year.
Following its annual investor conference, Driftwood Capital, a leading vertically integrated commercial real estate firm, is proud to announce its hotel development pipeline has now exceeded $1 billion in projected value. This robust portfolio includes $800 million worth of strategically pursued projects either under construction or scheduled to break ground in 2024, showcasing Driftwood Capital’s robust and strategic growth in the hospitality sector.
Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.
Nira Caledonia , one of many properties in the portfolio of Shanti Hospitality , exists to provide a sanctuary for worldly, well-travelled guests who enjoy a relaxed atmosphere. Encompassing hotels, restaurants, and other leisure investments, Shanti Hospitality spans four continents with a truly global team contributing to its ongoing success. At Nira Caledonia, a 27-room boutique hotel located in the heart of Edinburgh, there’s a constant drive towards excellence when it comes to traveller exp
InnSpire, the leading provider of innovative hospitality technology solutions that help drive seamless, world-class guest experiences for some of the world’s most iconic hotels and brands, announces the global rollout of its transformative InnSpire.ONE AI platform, which is reshaping the landscape of luxury hotels worldwide. InnSpire.ONE AI represents a monumental leap forward in hotel operations, offering an integrated ecosystem that enhances communication, delivers personalized guest interacti
As the old saying goes, “You wait ages for a bus and then two [or possibly three]come along at once.” This saying can be updated to reflect life in our increasingly digital world: "You wait ages for a genuine disruptive technology and then two [or possibly three]arrive simultaneously." This phrase [.
IHG Hotels & Resorts is celebrating the launch of its inaugural Vignette Collection hotel in the UK. The Halyard Liverpool, Vignette Collection is the first of 12 properties around the world which will to join IHG’s newest luxury & lifestyle brand in 2024.
In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a
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