Fri.Apr 05, 2024

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Optimizing Your Restaurant Merch Game

Modern Restaurant Management

Merch might a somewhat newer term in a restaurant owner's lexicon, but having a focused merchandising effort can connect a person to a brand as well as be a great way to build awareness and put buts in seats. While someone might want to express their admiration by wearing or displaying brand merch, it's important for those brands to create products that will not simply collect dust in a corner.

Marketing 202
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Should Momofuku Own the Term ‘Chili Crunch’?

EATER

Jars of Homiah and Momofuku chili crunches alongside other popular chile crisp brands. | Louiie Victa How the company acquired the “chile crunch” trademark to begin with — and why it’s sending cease-and-desist letters to small businesses using both spellings of the phrase Chile crisp — an infused chile oil condiment layered with crispy fried ingredients, with roots in Asian cuisines — is beloved across cultures, inspiring dozens of entrepreneurs to launch their own brands and at least one standa

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8 Signals Your Hotel Pricing Needs Adjustment

Revfine

Recent studies reveal that prices perceived as unfair trigger discomfort in consumers, leading to reduced purchases, complaints, and negative reviews. Conversely, fair prices activate pleasure centers, enhancing customer satisfaction.[1] This underscores the importance of finding the sweet spot for your hotel's room prices: the perfect balance between attracting (happy) guests and maximizing revenue.

Pricing 127
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This Is What Space Tastes Like

EATER

Photo illustration by Monica Burton; see below for full credits Food brands like Jeni’s, Torani, and even Celsius are getting in on the space craze with new flavors, just in time for the eclipse If I could, against all odds, not only make it to space but also somehow take off my astronaut helmet and stick my tongue out while floating among the stars, I can’t imagine that it would taste great, if it tasted like anything at all.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Brand CEOs Identify Top Challenges, Industry Disruptors During AAHOA Panel

Lodging Magazine

As a handful of major brand CEOs assembled during AAHOACON ’24 to weigh in on key industry issues, a major focal point was increased operating costs and their impact on margins. Speaking during the opening general session, the executives identified a number of ongoing challenges and potential industry disruptors, including increased government regulation, as well as the continued emergence of artificial intelligence.

Magazine 114

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Knowland: St. Louis Leads Meetings and Events Growth for March

Lodging Magazine

ARLINGTON, Virginia—Knowland reported that the St. Louis, Missouri-Illinois market led the top 25 markets in March for meetings and events growth with 24.3 percent year-over-year growth. Las Vegas came in second with 20.9 percent growth. National associations and education groups led in four of the five top markets. This data is sourced from Knowland’s sales intelligence platform and designed to help hoteliers protect and grow their revenue base.

Events 109
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Hospitality is a Work of Heart: Accor’s Bold, New Employee Value Proposition

Hospitality Net

At Accor, people are at the heart of everything we do, and being a Heartist® is all about the art of connecting with others in an authentic way. Our renewed employee promise celebrates individuality, fosters growth, ignites purpose-driven work, and values every team member’s contribution.

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Two Sonesta Essential Hotels Open in West Virginia and Texas

Lodging Magazine

NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the opening of two new upper-midscale Sonesta Essential hotels in March. Sonesta Essential Morgantown is a 57-room hotel located at 15 Lawless Road in Morgantown, West Virginia, and Sonesta Essential Gonzales is a 52-room hotel located at 2019 Water Street in Gonzales, Texas. “The opening of two new Sonesta Essential hotels showcases the continued growth of one of Sonesta’s newest brands,” said Keith Pierce, EVP and preside

Magazine 105
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Accor signs agreement for a new Sofitel hotel in India: Sofitel Jaipur Jawahar Circle

Hospitality Net

Accor, a world-leading hospitality group, is proud to announce the signing of a partnership agreement with EBU Estate Developers Private Limited for the development of a Sofitel hotel in India, the Sofitel Jaipur Jawahar Circle. This new-build luxury hotel is scheduled to open its doors in 2028 and promises to redefine hospitality in the vibrant city of Jaipur.

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Food & Beverage Industry Report 2024

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.

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Can insurers use AI to earn trust while preparing for the future?

SAS

There's a lot to gain for insurers that move fast enough to adopt promising applications of trustworthy AI. The post Can insurers use AI to earn trust while preparing for the future? appeared first on SAS Blogs.

Blog 69
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Cheval Collection Joins Global Hotel Alliance

Hospitality Net

Global Hotel Alliance (GHA), the world’s largest alliance of independent hotel brands which this year marks its 20th anniversary, is expanding its award-winning loyalty programme, GHA DISCOVERY, to include luxury serviced apartments in London, Edinburgh and Dubai with Cheval Collection.

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SiteMinder: Solar eclipse boosts occupancy across U.S.

Hotel Business

U.S. cities on the path of Monday’s total solar eclipse will experience an influx of visitors this Sunday, April 7 and Monday, April 8, according to data from SiteMinder. One standout performer is Evansville, IN, where hotels are set to witness a more than fivefold increase in arrivals (505%) over the two dates, compared to the same period last year.

Book 64
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Kimpton Hotels & Restaurants set to open its first boutique hotel in the Dominican Republic early this summer in partnership with Iberostar Group

Hospitality Net

Kimpton Hotels & Restaurants, part of IHG Hotels & Resorts’ luxury and lifestyle portfolio, announced today it will open a new boutique luxury hotel in the bustling urban destination of Santo Domingo. Marking the brand’s first property in the Dominican Republic, Kimpton Las Mercedes will complement its picturesque and historic surroundings while serving as an ideal launch point for exploration.

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Why Every Small Business Needs an HCM Solution: A Comprehensive Guide

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.

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Trim Waste in the Kitchen

Lodging Magazine

When hoteliers aim to enhance sustainability, energy and water conservation typically come to mind first, as those are the most well-trodden paths to both operational savings and environmental stewardship. But food waste reduction brings those same benefits and has become much easier to achieve in a systematic way thanks to specialized tech tools from companies such as Beaverton, Oregon-based Leanpath and Utrecht, The Netherlands-based Orbisk.

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Marina Bay Sands’ multi-billion dollar expansion enters final phase of design enhancements

Hospitality Net

Luxury hotel tower, state-of-the-art entertainment arena and additional premium MICE space to deliver new economic, employment and visitorship contributions to Singapore.

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Rebel Hotel Company launches Rebel Hotels West Coast

Hotel Business

Independent hospitality management firm Rebel Hotel Company has launched Rebel Hotels West Coast to establish a presence on the West Coast. To lead the expansion, the company has added Mark LeBlanc as managing director, West Coast operations. “Mark’s unparalleled experience and industry insights make him the perfect leader to spearhead our expansion into the dynamic West Coast hospitality market,” said Brian Sparacino, president/CEO, Rebel Hotel Company. “His proven track recor

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MGallery reveals a new chapter with the launch of its new global campaign

Hospitality Net

A cool breeze while climbing a sacred mountain. Smooth clay between one’s fingers. An unusual tea beneath a grand English clock. The quintessence of an exclusive evening in the heart of a chapel. The endless ocean and the shifting of waves in the wee hours of the morning. These are the moments MGallery makes unforgettable in its new brand campaign.

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Best Practices to Streamline Compensation Management: A Foundation for Growth

Speaker: Joe Sharpe and James Carlson

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.

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Matthews Southwest Hospitality adds Eric Friend

Hotel Business

Texas-based Matthews Southwest Hospitality LLC has named Eric Friend as VP, development and acquisitions. In this role, Friend supports the company’s hospitality division through the development and acquisition of new hotels and resorts throughout North America, with a focus on expanding the Canvas Hotel brand. “We have known Eric for many years and are delighted to have him on our leadership team,” said Mike Garcia, president, Matthews Southwest Hospitality.

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The future of hotel distribution channels: Seizing opportunity in channel disruption

Hospitality Net

The hotel distribution channel landscape is undergoing a seismic shift. Online travel agencies (OTAs) that once leveled the playing field for independent properties now dominate, their economic muscle squeezing hotel margins. Metasearch engines commoditize the search experience, making standalone properties indistinguishable. Meanwhile, the growth in alternative lodging threatens hotels’ grip on the accommodations sector.

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CoStar: U.S. Hotel Performance Decreases With Easter Holiday

Lodging Magazine

WASHINGTON—As expected ahead of the Easter holiday, U.S. hotel performance decreased from the previous week, according to CoStar’s latest data through March 30, 2024. U.S. Hotel Performance March 24-30, 2024 Percentage change from comparable week in 2023:Occupancy: 62.3 percent (down 5.6 percent)ADR: $157.14 (down 0.7 percent)RevPAR: $97.83 (down 6.3 percent) Among the Top 25 Markets, New York City reported the largest year-over-year increases in each of the three key performance metrics:

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The Travel Leader Podcast: Growing Self-Awareness with Stephanie Smith

Hospitality Net

On the latest episode of The Travel Leader Podcast Rachel Vandenberg asked about Stephanie’s story which is one of self-reflection, growth and pushing boundaries.

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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

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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St. Louis leads in meetings growth in March

Hotel Business

The St. Louis-IL market led the top 25 markets in March for meetings and events growth with a year-over-year (YOY) increase of 24.3%, according to data from Knowland. Las Vegas came in second with 20.9% growth. National association and education groups led in four of the five top markets. This data is sourced from Knowland’s sales intelligence platform and designed to help hoteliers protect and grow their revenue base, according to the company.

Events 59
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Travel on Airbnb generated $85B in economic activity in the US

Hospitality Net

In 2023, Airbnb guests traveled to more than 100,000 cities and towns around the world making it the most dispersed year of travel ever on the platform. In the US, nearly 600 cities and towns welcomed their first guest, demonstrating that travel on Airbnb continues to be a popular way for people to experience new places.

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Radisson Collection debuts in India with Srinagar luxury hotel

Hotel Management Network

The opening in Srinagar strengthens Radisson’s position as a leading player in India, with over 165 hotels in operation and development. The post Radisson Collection debuts in India with Srinagar luxury hotel appeared first on Hotel Management Network.

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Anglo American Hotel Florence, Curio Collection by Hilton Opens in the Heart of the Tuscan Capital

Hospitality Net

With design inspired by artistic movements of the early 1900s, Curio Collection by Hilton makes its debut in Florence.

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Optimize Restaurant Operations With the Right Payroll & HCM Services

Running a restaurant involves juggling numerous tasks, but payroll and HR shouldn’t add to the stress. Our guide, "A Buyer’s Guide to Payroll & HCM Services," is tailored for the restaurant industry to help you choose the best provider. Efficient payroll services ensure timely, accurate payments, crucial for maintaining staff morale. Compliance support helps navigate labor laws and avoid costly fines.