Fri.Mar 01, 2024

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Blending in with the Plant-Based Trend

Modern Restaurant Management

To promote sustainability and help reduce meat consumption, Mush Foods introduced 50Cut, a mushroom mycelium blend to the US market for chef use in meat, poultry, and fish dishes. To learn more, Modern Restaurant Management (MRM) magazine reached out to Mush Foods Culinary Director AJ Schaller. What factors have fueled the increased use of mushrooms in unique ways?

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What can hospitality learn from airlines?

MEWS

The utilization mindset Running a profitable airline is hard. In 2023, the industry’s net profit margin was less than three percent. This requires an ambitious approach to utilization, and it’s definitely something hospitality can learn from.

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Panera Is Not Exempted From California’s Fast Food Minimum Wage Law After All

EATER

A spokesperson for Gov.

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Boosting Customer Loyalty: Chatbots are New Travel Tech MVP

Revenue Hub

Customer loyalty has become a cornerstone of success in the fast-paced world of travel technology. Adopting innovative tools becomes imperative as businesses vie for an edge in customer engagement and retention. Chatbots stand out as the new MVP in enhancing customer loyalty programs. NB: This is an article from Switchfly Subscribe to our weekly newsletter and stay up to date Chatbots are transforming the travel industry’s approach to loyalty and rewards programs by streamlining customer s

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

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.

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Is It Time for a Michelin Guide to Texas?

EATER

Texas restaurants have scooped up major accolades from the James Beard Awards and beyond in the last decade, but chefs have mixed feelings about a theoretical Michelin Guide to Texas.

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In the Canary Islands, It’s Not Sobremesa Without a Barraquito

EATER

Barraquito is a Canary Islands’ cocktail made with coffee, milk and Licor 43 that has become a staple of sombremasa as a post-meal drink.

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Accor and Courbet sign a Sofitel Legend in Prague

Hospitality Net

Accor, a world leading hospitality group, and Courbet, chaired by Jean-François Ott, today announced an agreement that will see Accor assume management of The Mozart Prague hotel. Following an extensive renovation, the renowned hotel will join the prestigious Sofitel Legend brand, a collection of historic luxury hotels combining exceptional heritage and authentic service.

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Kachka’s Legacy Surpasses the Eastern European Culinary Renaissance It Started

EATER

Kachka turns 10 this spring, and Eastern European food in America has never been better. So to celebrate, the restaurant will host some of the trailblazers in the genre from around the country.

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Using Technology to Improve Hotel Guest Experience in 2024

Revenue Hub

Pre-Covid, most guest-facing tech was seen as more of a nice-to-have than a must-have despite its numerous benefits. Many brands were beginning to offer more of it, but it rarely represented a unique selling proposition (USP) that guests would actively seek out.‍ NB: This is an article from Canary Technologies Subscribe to our weekly newsletter and stay up to date Take online check-in as an example.

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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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ibis Jakarta Raden Saleh Debuts in Central Jakarta

Hospitality Net

THE WORLD’S LEADING ECONOMY BRAND EXPANDS ITS PORTFOLIO OF CONTEMPORARY HOTELS IN THE LIVELY CAPITAL OF INDONESIA.

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NRN editors discuss CAVA, Applebee’s, IHOP, and that viral Wendy’s pricing comment

Nation's Restaurant News

Plus, hear from Benson Lau, the founder and director of business development at Fluffy Fluffy

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IHG Hotels & Resorts Selects Canary Technologies as an Approved Vendor for Digital Tipping

Hospitality Net

Canary Technologies, the #1-rated Guest Experience Platform, today announced that it has been selected by IHG Hotels & Resorts as an approved vendor to provide its Digital Tipping solution. This collaboration is a major milestone to improve employee recognition and enhance the guest experience at IHG hotels worldwide.

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Rio Las Vegas joins World of Hyatt

Hotel Business

Rio Hotel & Casino in Las Vegas has joined Hyatt Hotels Corporation’s World of Hyatt loyalty program. Members can now earn and redeem points for qualifying stays at the Hyatt-affiliated hotel, which is in the midst of a multi-phased, $340 million transformation. Phase one of the hotel’s two-phase renovation is expected to be completed in fall 2024, when the reimagined all-suite hotel will move into Hyatt’s Independent Collection under the Destination by Hyatt brand.

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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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Use TravelAds automated bidding to eliminate guesswork and stay competitive

Hospitality Net

As digital media experts in the travel space, we know that getting your target audience’s attention is more complex than ever, with the variety of resources they turn to and the multiple ways that travelers engage with advertising across different channels along their purchasing journey. That’s why we’re consistently bringing hotel advertisers first-party data insights, advice, and new features like TravelAds Sponsored Listings automated bidding.

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Walker & Dunlop arranges $103M refinancing for Casa Cipriani

Hotel Business

Walker & Dunlop Inc. ‘s Capital Markets team has arranged a $103-million commercial mortgage-backed security (CMBS) loan with Citigroup , J.P. Morgan and Argentic to facilitate the refinancing of Casa Cipriani, a boutique hotel, private members club and event space in New York City. The Walker & Dunlop New York Capital Markets team, led by Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz and Sean Bastian, served as exclusive advisors to clients Cipriani , Midtown Equiti

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Airbnb welcomes EU agreement on new STR rules

Hospitality Net

Airbnb welcomes the European Parliament vote on a new EU short-term rental regulation that will make rules more clear, simple and easy to follow, while giving authorities access to the information they need to enforce fair and proportionate rules.

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AHLA Hosts Second Annual Responsible Stay Summit

Lodging Magazine

WASHINGTON—The American Hotel & Lodging Association (AHLA) brought together hotel and sustainability leaders in Washington to discuss the hotel industry’s commitment to programs regarding environmental sustainability at the second annual Responsible Stay Summit. AHLA member companies are incorporating environmental goals into their business models.

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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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Hotels advance sustainability goals at second annual Responsible Stay Summit

Hospitality Net

The American Hotel & Lodging Association (AHLA) yesterday brought together hotel and sustainability leaders in Washington to highlight the hotel industry’s continued commitment and expanding set of programs regarding environmental sustainability at the second annual Responsible Stay Summit.

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3 things you must understand about generative AI

SAS

Most people associate generative AI (GenAI) with large language models (LLMs). While LLMs focus specifically on generating text, GenAI encompasses a wider range of content generation tasks beyond just language, including images, music and more. Broadly speaking, GenAI uses machine learning algorithms to analyze and learn from existing data sets [.

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Innovation in Wellness: Four Ways The Purist Embraces a Holistic Approach to Wellness

Hospitality Net

As a recognized leader in hospitality wellness, Accor understands the vital role that hospitality plays in enhancing physical and mental well-being. Today, as we embark on a journey of transformative wellness with our guests, we also acknowledge how profoundly wellness initiatives can positively impact business growth for our hotels and owners. Poised to revolutionize the wellbeing journey, our newest well-being concept, The Purist, invites guests to embrace a holistic approach to wellness and d

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CoStar: U.S. Hotel Performance Reflects Mixed Results

Lodging Magazine

WASHINGTON—U.S. hotel performance showed mixed results over the previous week, according to CoStar’s latest data through Feb. 24, 2024. U.S. Hotel Performance February 18-24, 2024 Percentage change from comparable week in 2023:Occupancy: 62.0 percent (down 3.3 percent)ADR: $156.62 (up 0.3 percent)RevPAR: $97.12 (down 2.9 percent) Among the Top 25 Markets, Minneapolis reported the largest year-over-year occupancy increase (up 4.5 percent to 47.8 percent).

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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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What luxury travellers want, and how to attract them

Hospitality Net

The global luxury travel market is huge, not in the number of guests with substantial buying power but the astonishing level of buying power that these luxury travellers have. The good news for hoteliers targeting those top 5% of guests is that they seem to spending more every year. The global Luxury tourism market had an estimated total revenue of USD 1,308.15 billion in 2022, and is projected to be worth USD 3,023.78 billion by 2032.

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Ashford Trust Signs Agreement to Sell Hilton Boston Back Bay

Lodging Magazine

DALLAS—Ashford Hospitality Trust, Inc. announced that it has signed a definitive agreement to sell the 390-room Hilton Boston Back Bay in Boston, Massachusetts, for $171 million ($438,000 per key). The sale is expected to be completed in March and is subject to normal closing conditions. The company provides no assurances that the sale will be completed on these terms or at all.

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Dusit Hotels’ Exciting ITB Berlin Showcase: New Destinations, Brands, and Dusit Thani Bangkok Updates

Hospitality Net

Hot on the heels of opening 10 hotels last year, including its first properties in Greece, Japan, and Nepal, Dusit’s expansion continues apace. Two new luxury brands, new destinations, and a returning landmark ensure the distinctive Dusit experiences just keep coming.

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Extended Stay America hotel opens in South Carolina

Hotel Business

Extended Stay America has opened the Extended Stay America Premier Suites in Duncan, SC. VMV Capital developed and will manage the property. The four-floor, 88-room, newly constructed Extended Stay America Premier Suites Duncan features free WiFi, complimentary healthy breakfast, premium cable, a fitness room, on-site guest laundry and the brand’s signature spacious lobby with additional vending options.

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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.