Modern Restaurant Management
MAY 31, 2024
Union Square Hospitality Group Founder Danny Meyer returned to his alma mater Trinity College-Hartford to deliver their 198th commencement speech. In the address, Meyer said the most important question he asks himself every day is: “What could possibly go right?
EATER
MAY 31, 2024
Breaker Breaker on a recent warm afternoon. On a springtime visit to indoor-outdoor Breaker Breaker, Atlantans turned out in crop tops, statement sunglasses, and pops of color Welcome to Best Dressed , an Eater series where restaurant diners show and tell what they’re wearing out to dinner, from the small details to the splashy pieces — and how they approached getting dressed for each spot’s specific scene.
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Modern Restaurant Management
MAY 31, 2024
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news on summer restaurant employment, indecisiveness ordering, online ordering trends, and the world's best cities for food. Eating and Drinking Place Summer Employment Forecast According to the National Restaurant Association’s annual Eating and Drinking Place Summer Employment Forecast, restaurant operators will add 525,000 jobs for the summer season.
EATER
MAY 31, 2024
Noodles cook in a wok over a gas-powered flame. | Bob Henry / UCG / Universal Images Group via Getty Images | Grist Many chefs are asking what a future without an over-reliance on gas will mean for culinary traditions like wok cooking This story was originally published by Grist. The first thing you notice walking up to a dai pai dong, one of Hong Kong’s signature open-air street food stalls, is the smoke.
Speaker: David Worrell, CFO, Author & Speaker
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.
Modern Restaurant Management
MAY 31, 2024
In today's bustling restaurant industry, where every detail matters, technology has become an indispensable tool – especially in hiring and staffing. Artificial Intelligence (AI) has transformed the recruitment process, offering a new level of efficiency and automation. However, as restaurants embrace this, it's crucial to maintain a balance between technological advancement and human interaction, ensuring that the essence of hospitality isn't lost in the digital shuffle.
Revenue Hub
MAY 31, 2024
Seems that just about every day, a new article comes out somewhere featuring the the words “personalized” or “guest hospitality” in it, yet what follows, inevitably seems to be about some new tech or AI-powered solution that does not result in guests receiving a genuine sense of personalization. NB: This is an article from Kennedy Training Network Subscribe to our weekly newsletter and stay up to date When you search the definition on Google, the first result reads: “The action of designing or p
Hospitality Management Today brings together the best content for hospitality management professionals from the widest variety of industry thought leaders.
Revenue Hub
MAY 31, 2024
One key obstacle that travel and hospitality marketers face is identifying why people travel. Some travel only once a year for vacation, while others travel three times monthly for work. The people traveling for business will eventually — hopefully — also travel for vacation. NB: This is an excerpt from an article on Digiday Subscribe to our weekly newsletter and stay up to date Knowing the context of why someone is booking a trip is essential to guide that consumer through their purchase path s
Hospitality Net
MAY 31, 2024
The opening in Georgia’s Capital marks Accor’s rapid expansion across the region.
Revenue Hub
MAY 31, 2024
What sorts of journeys do today’s travelers dream about? Where would they like to go? What do they hope to do when they get there? How much are they willing to spend on it all? And what should industry stakeholders do to adapt to the traveler psychology of the moment? NB: This is an article from McKinsey & Co. Subscribe to our weekly newsletter and stay up to date To gauge what’s on the minds of current-day travelers, we surveyed more than 5,000 of them in February and March of this year.
Fast Casual
MAY 31, 2024
It's one thing to have a great solo concept, it's quite another to scale up that concept into a franchise. A panel at the Restaurant Franchising and Innovation Summit looked at how restaurants can scale up from start up to full growth mode.
Speaker: Jennifer Hill
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.
Revenue Hub
MAY 31, 2024
In the hotel industry but especially the luxury segment, the protection of guest data is crucial, yet the security of APIs and third-party Property Management Systems integrations is often alarmingly weak. API security is particularly neglected, with many interfaces poorly protected, exposing personal guest information to potential cyber-attacks. NB: This is an article from Shiji Subscribe to our weekly newsletter and stay up to date This critical oversight addresses the core issue of what luxur
Guides: Lodging Magazine
MAY 31, 2024
GERMANTOWN, Tennessee—McNeill Hotel Company announced renovations for two managed properties in Florida: the Home2 Suites by Hilton Destin and the Home2 Suites by Hilton Gainesville Medical Center. McNeill Hotel Company President Travis Murray announced the property improvement program. Renovations are already completed at the Home2 Suites Destin, which is nearby public beaches and recreational attractions.
Revenue Hub
MAY 31, 2024
SERP volatility describes the degree of fluctuation on search engine results pages for specific terms. When volatility is high, search results for a particular query change frequently. This volatility impacts website rankings and visibility as your content experiences a shift in its position within the SERPs. NB: This is an article from Marketing Insider Subscribe to our weekly newsletter and stay up to date Reasons for SERP volatility include search engine algorithm changes and increasing keywo
Nation's Restaurant News
MAY 31, 2024
The editors talk about recent news from McDonald's, Burger King, and Jack in the Box
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.
EHL Insights
MAY 31, 2024
Although technical skills such as accounting, financial analysis, and marketing are crucial for hospitality & tourism managers, soft skills play a vital role in excelling in this people-centric industry.
Hospitality Net
MAY 31, 2024
Red Jacket Resorts, one of the Mid Cape’s largest independent hotel brands featuring private beach access, is ushering in Summer 2024 along the Atlantic Ocean with a new look and feel thanks to a comprehensive $40 million renovation and an array of exciting activities and programming. Cape Cod’s best new destination encompasses Red Jacket Beach Resort, Riviera Beach Resort and Blue Water Resort, three of the collection’s five properties all located within a 1 mile stretch, debuting a collective
Nation's Restaurant News
MAY 31, 2024
The editors talk about recent news from McDonald's, Burger King, and Jack in the Box
Hospitality Net
MAY 31, 2024
Internationally recognized culinary innovator, author, educator, and humanitarian José Andrés has been announced as the opening keynote-session speaker for the second iteration of The Hospitality Show, produced by Questex and the American Hotel & Lodging Association (AHLA). Additional speakers and programming updates will be announced in the coming months.
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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.
7 Shifts
MAY 31, 2024
Let’s be honest - you’re a restaurant operator, not a marketing expert. You got into this business because of your passion for food and hospitality. But the revenue restaurants get from digital channels like their mobile apps and websites surpasses the 32% of revenue they generate onsite and 26% over the phone. However, with so much software on the market today, how do you know what to use and where to start?
Hospitality Net
MAY 31, 2024
The much-anticipated Sandbourne Santa Monica officially opens its doors, introducing a transformative hotel experience along the vibrant Ocean Avenue. This new beachfront masterpiece, designed by the acclaimed Icelandic architect Gulla Jónsdóttir, offers a unique 175-room coastal retreat that promises to revitalize the upscale hotel landscape in Santa Monica.
Fast Casual
MAY 31, 2024
It's one thing to have a great solo concept, it's quite another to scale up that concept into a franchise. A panel at the Restaurant Franchising and Innovation Summit looked at how restaurants can scale up from start up to full growth mode.
Hospitality Net
MAY 31, 2024
Award-winning hotel management company The Hotel Group ("THG"), an affiliate of Hotel Equities, in partnership with Hogback Development, is pleased to announce the opening of the Tru by Hilton Yakima, adding a vibrant hospitality option to the heart of Yakima, Washington. The hotel is co-owned by The Hotel Group and Hogback Development.
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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.
Fast Casual
MAY 31, 2024
The ultimate field guide to engaging and enabling every single crew member in your quick service restaurant organization—from cashiers to kitchen crew—at any scale
Hospitality Net
MAY 31, 2024
With the summer months fast approaching, sports fans are looking at the 2024 UEFA European Football Championship, which kicks off on Friday, 14 June. Set to take place across multiple locations in Germany, the annual football tournament is expected to affect hotel performance just as much as football fans across the continent. Utilizing Forward STAR data, the markets are already showing spikes in hotel bookings on and around the match dates.
Hotel Business
MAY 31, 2024
The U.S. hotel industry reported mixed performance results from the previous week but positive comparisons year-over-year (YOY), according to CoStar’s latest data through May 25. May 19-25 (percentage change from comparable week in 2023): Occupancy: 67.7% (+1.6%) ADR: $160.67 (+2.3%) RevPAR: $108.73 (+3.9%) Among the top 25 markets, Houston saw the highest YOY increases in occupancy (+20.9% to 74.1%) and RevPAR (+29.2% to $89.15).
Hospitality Net
MAY 31, 2024
Over the past couple of months, it has become increasingly clear that interest rates for hotel financing, and just about everything else, may stay higher for longer. As markets adjust to this expectation, many investors are realizing that they may not be able to delay deals until rates drop back down to so-called “normal” levels. There is mounting pressure for financing decisions that will need to be made in the coming months.
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.
Lodging Magazine
MAY 31, 2024
The Q1 2024 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) revealed that the total global pipeline hit an all-time high for room counts and highlighted an increase in full-service projects at the close of the first quarter. LE analysts reported that, in Q1, the total global pipeline stood at 15,366 projects/2,382,195 rooms, a 6 percent increase in projects, and a 3 percent increase in rooms year-over-year (YOY).
Hospitality Net
MAY 31, 2024
Cendyn, a global integrated hotel technology and services company, and Shiji, the global hospitality technology innovator, are empowering hoteliers to improve profitability with optimized rates and availability.
Hotel Business
MAY 31, 2024
Chatham Lodging Trust has acquired the recently opened, 148-room Home2 Suites by Hilton Phoenix Downtown for $43.3 million, or approximately $293,000 per room. The six-story hotel is located in downtown Phoenix and includes the historic Fuller Paint Company Building that houses the hotel’s public spaces, including a signature food & beverage outlet.
Hospitality Net
MAY 31, 2024
In an era of constant evolution, industries must continuously innovate to stay competitive. The hospitality sector is no exception, with hotel groups seeking new ways to enhance customer experience and operational efficiency.
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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