Mon.Nov 11, 2024

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What are CAP rates and how to use them

eHotelier

Remember the golden rule, the lower the cap rate the higher the purchase price paid and at the same time the lower the expected returns on that investment in the future because the price paid was higher.

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Sushil Aryal takes the lead at MOD. Dining

Hospitality Magazine

The Art Gallery of New South Wales’ (AGNSW) MOD. Dining has appointed Sushil Aryal to run the kitchen, taking over from Claton Wells’ two year spell. In his last role, Aryal led the kitchen at Miss Pearl Bar + Dining, an Asian fusion restaurant in Melbourne’s Southbank. He began his culinary career at Bondi institution Brown Sugar alongside chef Neil Gottheiner, before working at Cumulus Inc, Spice Temple, Vue Du Monde and Cutler and Co, and Moon Under Water at The Builders Arms Hotel with Josh

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How to Register a Hotel in Malaysia: Complete Step-by-Step Guide

Soft Inn

Are you thinking of starting a hotel in Malaysia? With a thriving tourism industry, Malaysia is an exciting place to run a hospitality business. But before you open your doors to guests, you will need to complete the hotel registration process. Hence, this guide aims to simplify the process, providing a step-by-step approach to ensure your hotel's registration is smooth and hassle-free.

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From shoestring concept to hatted restaurant: The Zin House story

Hospitality Magazine

When Kim Currie and David Lowe opened The Zin House on the Lowe Family Wine’s 1000-acre estate in Mudgee, it was because the property already had a building which “lent itself beautifully to a restaurant”. Although the structure already existed, it needed substantial work and the pair painted internally and externally, landscaped gardens, and recycled their own furnishings.

Training 147
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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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New culinary concept at Kimpton Everly Hollywood’s Ever Bar

eHotelier

Introducing Written Hand, the newest culinary pop-up at Ever Bar in the Kimpton Everly Hollywood, which transforms the beloved bar and lounge into a Mediterranean-inspired hotspot right in the heart of the city.

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More Trending

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Abhishek Sharma appointed General Manager at Aloha On The Ganges, Rishikesh

eHotelier

Leisure Hotels Group (LHG), North India's leading experiential resort chain and the largest in Uttarakhand is pleased to announce the appointment of Abhishek Sharma as the new Resort Manager of its flagship resort.

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November 2024: Latest News from the Malaysia Hotel Industry

Soft Inn

The Malaysian hotel industry continues to evolve in November 2024 with key updates. Here's a look at what's happening in the Malaysian hotel sector this month.

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Sheraton Hotels & Resorts launch ‘Gatherings by Sheraton’ program in Greater China

eHotelier

Sheraton Hotels and Resorts, part of Marriott Bonvoy’s global portfolio of more than 30 extraordinary hotel brands, recently launched the ‘Gatherings by Sheraton’ brand program in Greater China.

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AI and Robotic Revolution: A Glimpse into the Future of the Restaurant Industry

Modern Restaurant Management

Imagine this: It’s the year 2035. You walk into your favorite restaurant, but there’s no human host to greet you at the door. Instead, you're welcomed by Tao, a sleek robot host programmed to seat you efficiently based on your preferences, even remembering your favorite booth from past visits. You take your seat at a table embedded with a touchscreen menu.

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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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Sojern and Cloudbeds announce new integration at World Travel Market 2024

eHotelier

Sojern, the leading digital marketing platform built for travel, and Cloudbeds, the premier hospitality management software platform, have today announced a new partnership to bring two leaders together within the hotel technology space, just ahead of the World Travel Market in London.

Marketing 130
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CBRE: Commercial Real Estate Lending Improved in Q3 2024

Finance & Development : Lodging Magazine

DALLAS, Texas—The commercial real estate lending market experienced continued improvement in the third quarter of 2024, marked by an increase in acquisition financing and issuance across all asset classes, including large office transactions, according to the latest research from CBRE. The CBRE Lending Momentum Index, which tracks the pace of CBRE-originated commercial loan closings in the United States, rose by 13 percent from Q2 2024 and 15 percent year-over-year, reflecting improved lending a

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HotelREZ Hotels and Resorts wins Corporate Travel Business Champion of the Year at Annual Cvent Excellence Awards

eHotelier

HotelREZ Hotels and Resorts received top honours this week at the industry-leading technology conference, Cvent CONNECT Europe, during the annual Cvent Excellence Awards. Winners were announced during a live in-person ceremony in London at the Hilton London Metropole.

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JMBM’s Real Estate Practice Receives National Tier 1 Ranking in 2025 Edition of “Best Law Firms”

Hospitality Net

Jeffer Mangels Butler & Mitchell LLP (JMBM) is pleased to announce that its Real Estate (including its Hospitality Transactions) practice has received the highest possible designation of National Tier 1 in the 2025 edition of U.S. News and World Report – Best Lawyers® “Best Law Firms.

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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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Istanbul’s heritage meets modernity at the new Casa Foscolo Hotel

eHotelier

Nestled in the center of Istanbul’s second most historic neighborhood, the new Casa Foscolo Hotel stands as a testament to the timeless legacy of the city’s rich heritage.

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Rendezvous Hotel Perth Scarborough’s Summer Glow Up

Hospitality Net

Perth’s first and only beachside hotel high rise, Rendezvous Perth Scarborough is getting a summer glow-up thanks to a multi-million-dollar investment by owners, Far East Orchard. The rolling two-year refurbishment program will see 330 hotel rooms refreshed; upgrades to the hotel’s front entrance and conference space with additional works planned for the hotel’s iconic swimming pool, and public areas.

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Meetings Industry Association announces 2024 miaList

eHotelier

The winners securing a place on the Meetings Industry Association’s (MIA) prestigious miaList 2024 were revealed last night, at a celebratory event held in Liverpool.

Events 130
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The Future of Hotel Budgeting: Automation and Data-Driven Upselling

Hospitality Net

Ahh, budget season… a time every hotelier knows all too well. It’s that annual crunch when departments scramble to justify their numbers, and finance teams work around the clock, pulling their hair out trying to predict next year’s revenue.

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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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Guest loyalty in 2025: Moving from points to relationships

eHotelier

Guest loyalty is highly relevant for revenue in hospitality. But it is evolving. The same techniques that were focused on points and programs are not the only way.

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High Hotels Seeing Workforce Efficiencies Soar with Service Optimization Software from OpsTechPro

Hospitality Net

The strength of a business partnership lies in the ability to adapt, innovate, and evolve together. Such is the case for High Hotels, a Lancaster, Penn.-based hotel management company that has been working alongside asset management and service optimization software company OpsTechPro for more than five years to automate its back-of-house workforce communications.

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Tiphaine Lacombe appointed Hotel Manager at Le Sereno

eHotelier

Le Sereno, the iconic luxury beachfront hotel in Saint Barthélemy, is pleased to announce the appointment of Tiphaine Lacombe as the new Hotel Manager.

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Turn Guest Feedback into Insights that Elevate Guest Experience

Revenue Hub

As the number of guest review platforms continues to grow, guest feedback and satisfaction scores have become valuable resources for improving operations and enhancing the guest experience. NB: This is an article from Otelier Subscribe to our weekly newsletter and stay up to date Hotels that actively monitor and act on feedback from guests are better positioned to elevate service quality and exceed guest expectations.

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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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The Best Food Gifts Under $50 (That Aren’t Necessarily Food)

EATER

Asparagus candles, tea sets, olive napkins, and more utterly delightful gifts for everyone. Holiday gifting has a sweet spot: where you’re not pinching pennies to fit within the White Elephant’s meager spending limit, but also not splurging so much that the shopping becomes stressful (i.e., the pressure to get someone their very first stand mixer ).

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Wayne Topley of Cedar Court Hotels on navigating leadership in times of crisis

Hotel Owner

At the helm of Cedar Court Hotels, a leading hospitality group in Yorkshire, Wayne Topley has faced challenges few could have anticipated when he assumed the role of managing director. Only months into his tenure, Topley encountered the unprecedented disruption of Covid-19, which shuttered the hotel industry worldwide and forced leaders across sectors to pivot.

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Mastering the New Search Landscape: Optimise for Voice & AI

Revenue Hub

As Artificial Intelligence (AI) technology rapidly advances, it’s becoming increasingly important that hoteliers optimise their websites for voice search to attract more guests. NB: This is an article from 80 Days Subscribe to our weekly newsletter and stay up to date In this article, we’ll delve into the key Search Engine Optimisation (SEO) strategies to enhance your hotel’s visibility for voice-based searches.

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2025 travel & wellness trends according to the experts

Hospitality Net

The landscape of travel, spa, and wellness is always transforming with technological advancements, changing consumer preferences, and shifting global paradigms.

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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.