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Guest expectations in hospitality industry, today, is higher than ever and there are several factors behind this. Technology plays a huge role in making them more aware and connected than before. Delivering on and exceeding customer expectations therefore is paramount to a hotel’s success in increasing customer loyalty. When you can have a large percentage of repeat or loyal customers, it acts as a firm revenue foundation.
Purchasing commercial ice and refrigeration equipment can be a significant financial burden on your business. The high upfront costs, ongoing maintenance expenses, and potential equipment obsolescence can quickly eat into your budget. However, there is a more cost-effective solution: leasing. Overcoming High Initial Costs One of the primary challenges in purchasing commercial ice and refrigeration equipment is the upfront cost.
Hotel ancillary services allow hoteliers to boost their average daily spending and make each reservation more valuable. Encouraging guests to purchase added services can also improve their experience at your hotel.
Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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.
Jakob Lyman/Eater Eater’s stainless steel cookware collaboration with Heritage Steel is now available for purchase on Amazon Nearly four years ago, as Eater’s restaurant-obsessed editors began to really explore our home kitchens — some of us, admittedly, for the first time ever — Eater at Home was born. The section, devoted to cooking, shopping, and at-home entertaining, celebrates the kitchen as a site of curiosity and the place to recreate some of the most exciting aspects of restaurant dining
Lošinj Hotels & Villas is delighted to announce the appointment of Sara Brenner as the General Manager of the five-star Small Luxury Hotels of the World member Boutique Hotel Alhambra & The Historic Villason Lošinj Island in Croatia.
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Lošinj Hotels & Villas is delighted to announce the appointment of Sara Brenner as the General Manager of the five-star Small Luxury Hotels of the World member Boutique Hotel Alhambra & The Historic Villason Lošinj Island in Croatia.
WASHINGTON—A recent increase in U.S. hotel labor costs reflects a normalizing business mix and significant gains in group demand, according to September year-to-date P&L data from CoStar. U.S. Hotel Performance September 2023 YTD Per-Available-Room Metrics (Percentage change from September 2022 YTD)GOPPAR: $75.74 (up 6.2 percent)TRevPAR: $208.34 (up 8.6 percent)EBITDA PAR: $52.95 (up 5.1 percent)LPAR (Labor Costs): $69.36 (up 13.1 percent) “September labor costs were higher than the summer m
The Ritz-Carlton, Half Moon Bay has appointed Rosie Karakan as Director of Sales and Marketing. Karakan has a robust history in the hospitality industry, bringing over 20 years of experience to the Forbes Five-Star resort.
The Stay Hotels Group has won two awards at the Seven Stars Luxury Hospitality and Lifestyle Awards in an award ceremony that took place on 28 October at the Wyndham Grand Crete Mirabello Bay, Greece.
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.
McNeill Investment Group named Annie Mulvanny as its new vice president, investments and asset manager. Mulvanny will contribute to the current expansion of the firm’s investment management platform. KSL Resorts announced the addition of Frank Rodgers as global sales director. Overseeing leisure sales, the wholesale market, consortia, and tour groups, Rodgers will play a role in the company’s overall sales strategy.
The number of destinations offering Digital Nomad Visas has risen significantly over recent years, with almost half now offering visas for at least one year.
Kelly Marshall Featured in ‘For the Culture,’ Rahanna Bisseret Martinez’s recipe is topped with an irresistible streusel-like canela ginger crumble Featuring conversations with more than 60 Black food professionals who range from chefs to recipe developers to farm managers, Klancy Miller’s cookbook For the Culture feels like the most engaging party you’ve ever attended.
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.
Expected to open in summer 2024, Patmos Aktis, a Luxury Collection Resort & Spa, Greece will bring The Luxury Collection to the peaceful island of Patmos.
Hotel supply grew a meager 0.5% in 2022 and is forecasted to grow just 1% on average for the next three years, according to a CBRE June report. Meanwhile, demand is expected to exceed supply with some projections showing demand increased as high as 2%.
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.
In this interview, we speak with Dr. Ravi Mehrotra, the president and co-founder of IDeaS. As the son of an electrical engineer and avid chess player, he became interested in technology and how it can be applied to modeling real-world scenarios to help improve decision-making ability. With his friend Sanjay Nagalia, he The post Interview with President and Co-founder Dr.
Leading global hotel brand, BWH Hotels (BWH) pledges its commitment to environmental and social responsibility through the launch of its new Earth, People and Community (EPC) initiative. Recognising the importance for the hospitality industry to take the lead on establishing sustainable programs that meet evolving guest expectations, the EPC program offers hotels practical, cost saving solutions to drive sustainable development.
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
Premier , an end-to-end architecture, design, procurement, project management and development firm, has named Aimee Sanborn SVP, adaptive-reuse & mixed-use, spearheading the company’s expansion into the adaptive-reuse and mixed-use segments nationally. The move supports the company’s commitment to supporting developers and existing building owners with the redevelopment of underperforming assets.
The brand’s first hotel in the region is a tranquil green escape from Singapore’s bustling Orchard Road, with its curated collection of restaurants and bars, signature spa and stunning rooftop pool.
Unifocus has been awarded the title of the “World’s Best Workforce Management Solutions Provider” for 2023 by the World Travel Tech Awards. The company is also celebrating its 25th anniversary. “With a quarter-century of pioneering workforce management technology and counting, our commitment to innovation ensures that our tools set the industry benchmark,” said Moneesh Arora, CEO, Unifocus.
There are over 7 million listings worldwide on Airbnb, and every minute, over 100 five-star reviews are submitted to the platform1. But what’s the best way to discover the right accommodation for you if not by starting with the ones that people love the most?
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.
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