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Navigating the complex world of hotel acquisitions requires not just a keen business acumen but also a deep understanding of the unique facets of the hospitality industry. By focusing on these industry-specific elements, potential buyers can ensure a strategic, informed and value-driven acquisition process.
To reduce menu confusion and minimize price sensitivity, Ori’Zaba’s Scratch Mexican Grill recently rolled-out a rengineered and easier-to-read menu. The fast-casual Mexican chain's legacy menu had complicated triple-tier pricing that was thought to psychologically drive more mid-tier buying behavior, but the complex product suite of 80-plus items made fresh daily, plus thousands of permutations in choices, also lent itself to a visually crowded menu as well as one that was challe
Eater’s new guidebooks to Los Angeles and New York. | Nat Belkov; Los Angeles illustrations by Clay Hickson; New York illustrations by Naomi Otsu Our new travel guides cover two of the country’s biggest dining destinations For nearly two decades, Eater’s core mission has been to cover the world’s biggest food cities, tracking the biggest openings, reporting on restaurants big and small, and recommending where to eat based on our deep expertise.
How to maximize hotel efficiency? Maximizing efficiency leads to reduced costs and better guest experience. It shows how well hotels use resources, including time, labor, materials and capital. The trick is to maximize output – equivalent to guest satisfaction and revenue – while minimizing input like costs and time.
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.
What is discount pricing? Discount pricing is a strategy in which you offer your hotel rooms at a lower price to draw guests, boost demand, increase sales volume, or decrease perishable inventory. This pricing strategy can be applied temporarily for promotional purposes or over an extended period to help position your hotel.
Resolute Road Hospitality, wrapped up its annual Leadership Conference at its corporate headquarters in Boise, Idaho. The conference brought together General Managers and the Corporate Sales Team to explore and collaborate on various topics essential to the company's growth and success.
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Resolute Road Hospitality, wrapped up its annual Leadership Conference at its corporate headquarters in Boise, Idaho. The conference brought together General Managers and the Corporate Sales Team to explore and collaborate on various topics essential to the company's growth and success.
Natalie Nelson Some people never stopped baking. Others just want to show off their crumb shots. When you open your TikTok “For You” page, it might feel like you’ve entered a time warp back to 2020, when, during the most uncertain days of the pandemic, many folks began baking their own naturally leavened bread as a sort of emotional survival mechanism.
Hilton Prague has been honoured as the Czech Republic’s Leading Hotel by World Travel Awards Europe for the third consecutive year, marking the hotel’s continued excellence in hospitality. Organised by World Travel Awards (WTA), one of the travel’s industry most prestigious awards programmes, the 2024 Europe Gala Ceremony took place in Berlin on March 6th.
art’otel, the contemporary lifestyle hotel brand owned by PPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts and is made famous since 1989 by the success of its Park Plaza properties, is pleased to announce art’otel Rome Piazza Sallustio, its flagship European hotel set to open in the first half of 2024. art’otel Rome Piazza Sallustio, a new premium lifestyle hotel with art and gastronomy at its core, lands in the heart of the I
Duetto, the leader in cloud-based Revenue Strategy solutions, and Amadeus, a leading global travel industry technology partner, today announce an expansion to their strategic relationship. The evolution will provide Duetto customers with seamless access to data from Amadeus' Demand360+® and RevenueStrategy360+® solutions directly within the Duetto platform, enabling hoteliers to make smarter, data-driven decisions to optimize their business.
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.
Scandic has signed a long-term lease agreement with property developer SRV for a new 144-room Scandic Go in Oulu, Finland. The hotel will be centrally located in northern Finland’s largest city and is expected to open during the second half of 2025.
IRIS, a global market leader in digital F&B ordering, guest directory and concierge solutions for hotels and restaurants, has been selected by Kimpton Overland Hotel Atlanta Airport, to elevate its room service operations with mobile dining, offering guests a more convenient and expedited F&B ordering experience.
Minor Hotels, a global hospitality group operating more than 540 hotels in 56 countries, is introducing Avani Hotels & Resorts to the Netherlands in Q2 of this year. The rebranded 163-key Avani Museum Quarter Amsterdam will provide a contemporary canal-side experience, blending Dutch art and history for business and leisure travellers.
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.
At the end of the Indiana Jones classic Raiders of the Lost Ark, an older man struggles to push a cart carrying a large wooden box down a warehouse hallway. This iconic scene takes place in an enormous space filled with other large wooden boxes stacked to the sky. The [.
Hilton announced the opening of Hilton Saigon in the vibrant financial and residential hub of Ho Chi Minh City. This marks the debut of its award-winning flagship brand — and first hotel — in the city. A centrepiece in the heart of the metropolis with impressive views, Hilton Saigon embodies the essence of the locality, powered by a passion for service and hospitality.
Hyatt Hotels Corporation has revealed that the Andaz brand is expected to make its debut in Florida in the fourth quarter with the opening of the Andaz Miami Beach following the renovation and rebrand of The Confidante Miami Beach. The new hotel, which is owned by Sunstone Hotel Investors Inc. , will feature a barrier-free, redesigned lobby, two reconceptualized pools and an outdoor recreation experience, as well as three dining experiences with the hotel’s new culinary provider, José Andrés Gro
South Coast Winery Resort & Spa, an iconic winery resort in the heart of Temecula Valley wine country, has announced culinary professional Jonathan Alcala as its new executive chef.
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.
Recent research commissioned by the AHLA Foundation , the charitable arm of the American Hotel and Lodging Association (AHLA), projects robust demand for hotel industry jobs over the next five years, outpacing overall market job growth. The AHLA Foundation asked Lightcast , a labor market analytic firm, for data on demographic and growth trends that would help identify and map career pathways in the hotel and lodging industry.
OTH Hotels Resorts (OTH), has appointed James Hansen as the company's new Chief Development Officer. Hansen brings nearly 25 years of executive level industry leadership experience to his newly minted position at OTH, where he will work directly with CEO Todd Felsen to power the company's aggressive growth strategy and long-term domestic and international expansion plans.
Hotels undergoing management transitions are commonplace throughout the industry, particularly in the wake of the pandemic, but seamless transitions are quite a bit harder to come by. That’s where Charlestowne Hotels feels it has a leg up thanks to an experienced management team and thorough process designed specifically to limit disruptions at the property level.
Method Co. welcomes newest location of popular extended-stay hotel concept, featuring 33 fully-furnished accommodations along with luxury guest amenities, including outdoor pool & lounge, state-of-the-art fitness center, and forthcoming cafe.
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.
Connecting with potential guests using immersive, experiential advertising can build a hotel’s brand recognition and customer base. An accomplished experiential marketing agency knows how to push the boundaries of traditional advertising to generate brand awareness and customer loyalty using creative, innovative services. NB: This is an article from Travelboom Subscribe to our weekly newsletter and stay up to date Millennials now outnumber everyone else; this crowd loves to travel, and they
There are great articles out there talking about customer service during the stay. But they failed to address the customer service provided before potential customers turn into guests. Without perfect customer service at that stage, your chances of getting more reservations decrease significantly. NB: This is an article from Asksuite Subscribe to our weekly newsletter and stay up to date Keep in mind that every new guest creates expectations around the services of your brand and takes past expe
IRIS, a global market leader in digital F&B ordering, guest directory and concierge solutions for hotels and restaurants, has been selected by Kimpton Overland Hotel Atlanta Airport, to elevate its room service operations with mobile dining, offering guests a more convenient and expedited F&B ordering experience.
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 the fast-paced hotel industry, understanding the preferences of travelers from various regions is key to thriving in a competitive market. China, with its vast and diverse culture, represents a significant market for hotels seeking to attract global guests. In this blog post, we will explore strategies for hotels to attract Chinese travelers and discuss how hotels can provide a memorable experience that goes beyond just a place to stay.
Following a property-wide renovation, luxury lifestyle hotel Andaz Miami Beach is slated to open in late 2024, with reimagined spaces, programming and a new culinary collaboration with Jose Andrés Group.
The United States District Court in the Eastern District of Texas handed down a summary judgement decision, vacating the National Labor Relations Board’s 2023 Joint Employer Rule. The decision also denied the defendants’ motion to transfer the case to the D.C. Circuit Court. The decision means the Joint Employer Standards reverts to the NLRB’s 2020 Final Rule, which codified a long-established “direct and immediate” joint employer standard and provided clear and sta
The American Hotel & Lodging Association (AHLA) and Questex announced today that registration is now open for this year’s The Hospitality Show (The Show), which will be held in San Antonio, Texas, from Oct. 28-30 at the Henry B. González Convention Center.
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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