This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The restaurant industry is fighting a tough battle. Rising costs are not the only financial hazard facing the food service business, as recent studies show that slip and fall cases cost the industry $2 billion a year. However, there are several ways businesses can help reduce risk, financial exposure, and legal complications. Focus on Smart Construction When designing new restaurant spaces, be aware of the need for adequate drainage systems to avoid unwanted water runoff, which can freeze during
When it comes to hotel distribution, there’s an ongoing debate about the value of bookings from Online Travel Agencies (OTAs) versus direct bookings. NB: This is an article from TCRM Subscribe to our weekly newsletter and stay up to date While it’s true that direct bookings are nearly always more profitable due to lower distribution costs, the notion that OTA bookings represent a failure to a direct booking growth strategy is a misconception.
TORONTO, Canada, and McLEAN, Virginia—Hilton and JM Hospitality Inc. announced the opening of Spark by Hilton Toronto Markham, marking the brand’s entry into the Canadian market. Situated in the tech and business hub just 28 kilometers north of Toronto, the opening of the first Spark in Canada signals a milestone for the premium economy brand. Spark by Hilton Toronto Markham joins eight other Spark hotels in various stages of development across Canada, highlighting the brand’s […] Th
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.
Yesterday, over one thousand hotel owners, workers, and small business owners, as part of the newly formed Protect NYC Tourism Coalition, rallied on the steps of City Hall to fight against the City Council’s so-called “Safe Hotels” bill. The Coalition has also sent a letter asking the City Council to reject the bill, Int.991, as it threatens the sustainability of New York City’s hotel and tourism businesses and puts the livelihoods of thousands of dedicated workers at risk.
Renaissance Orlando Resort and Spa has opened in the Disney Springs Resort Area in Lake Buena Vista, FL, following a $25-million renovation and rebranding from the B Resort & Spa. The property is managed by Davidson Hospitality Group. The full-service resort features 394 guestrooms; more than 25,000 sq. ft. of indoor and outdoor meeting space; a zero-entry pool and hot tub; and signature farm-to-table restaurant, American Kitchen Bar & Grill.
Puerto Rico’s premier beach resort reveals first details on the highly-anticipated upcoming unveiling of a series of transformative upgrades, including elegant new rooms and suites, innovative dining concepts, expanded menu of offerings, and more.
104
104
Sign up to get articles personalized to your interests!
Hospitality Management Today brings together the best content for hospitality management professionals from the widest variety of industry thought leaders.
Puerto Rico’s premier beach resort reveals first details on the highly-anticipated upcoming unveiling of a series of transformative upgrades, including elegant new rooms and suites, innovative dining concepts, expanded menu of offerings, and more.
Open Pricing provides you with the ability to yield room types based on demand. It’s a further evolution from the traditional best available rate (BAR) strategy, which was formulated in the 1990s and was seen as an evolution of seasonal rates. NB: This is an article from Duetto Subscribe to our weekly newsletter and stay up to date All prices in a BAR concept are fixed modifiers off each other, either at a dollar mark or as a percentage discount.
The hotel star rating system is a method around the world to give travelers insight into a hotel’s amenities, service level, and overall quality. This system can vary slightly from one country to the next but always provides a guide for determining the standards of a hotel. This article delves into the hotel star rating system, how it operates, the criteria used for determining ratings, who rates the hotels, and helpful steps hoteliers can take to check and improve their hotel’s st
Remember when hotel supply prices changed once in a blue moon, rather than every payment cycle? Ah, yes, those were the days – controlling your hotel’s profit margin was simpler then. NB: This is an article from Canary Technologies Subscribe to our weekly newsletter and stay up to date Historically, revenue management departments were the money-making experts, but today, you’ll need to deploy a multi-faceted approach across all departments to remain profitable.
The hotel star rating system is a method around the world to give travelers insight into a hotel’s amenities, service level, and overall quality. This system can vary slightly from one country to the next but always provides a guide for determining the standards of a hotel. This article delves into the hotel star rating system, how it operates, the criteria used for determining ratings, who rates the hotels, and helpful steps hoteliers can take to check and improve their hotel’s st
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.
Hand-painted frescoed walls. A treasure trove of 18th- and 19th-century French and Thai furniture. An Olympic-size swimming pool surrounded by centuries-old trees, shaded winding paths, and an organic vegetable garden. Plus, an indoor and outdoor sauna, yoga classes, and breakfast served until 2 pm. At the newly opened Elizabeth Country House, situated within a historic villa with a notable history, rest and relaxation take center stage.
The Nittany Lion Inn at Penn State University, a joint partnership with Rockbridge and Scholar Hotels , recently reopened after a complete refresh with new restaurants and decor. The Georgian colonial-style building, which originally opened in 1931, has long been a gathering place for major university events, from pre-game gatherings and post-win celebrations to weddings, corporate events and reunions over its nearly 100-year history.
Reading Time: < 1 minute US: The 30-acre upscale development Ariva Luxury Residences has been named as the official luxury apartments of American football team Las Vegas Raiders. Ariva Luxury Residences debuted in 2023 along Las Vegas Boulevard South. Featuring a mix of one, two and three-bedroom apartments across 754 units, the site also offers four pools, two spas, a fitness centre, yoga and cycle studio, basketball and sand volleyball courts, nine indoor/outdoor resident lounges, an eve
In the competitive world of luxury hospitality, The Ranch at Laguna Beach stands out as a beacon of innovation, community connection, and unbridled creativity. What was once a run-down resort with a rich but fading legacy has been transformed into an incredible resort. This remarkable journey is a testament to the vision and dedication of Kurt Bjorkman, COO of The Ranch at Laguna Beach, and his team.
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.
Barceló Group hotel arm Barceló Hotel Group has adopted Tealium's real-time CDP to improve CX by utilising first-party data more effectively. The post Barceló Hotel enhances CX with Tealium and Amazon Ads integrations appeared first on Hotel Management Network.
Leading hotel management company Remington Hospitality, in collaboration with end-to-end architecture, design, and development firm Premier, as well as Pure Wellness, a leading provider of turnkey antiviral, antimicrobial, and hypoallergenic hospitality solutions, is proud to announce the comprehensive renovation of the Houston Marriott Sugar Land.
The U.S. hotel industry reported lower performance results than the previous week, according to CoStar’s latest data through Sept. 7. September 1-7 (percentage change from comparable week in 2023): Occupancy: 57.8% (-4.2%) ADR: $149.67 (-1.0%) RevPAR: $86.48 (-5.2%) Among the top 25 markets, Houston saw the highest year-over-year increases in occupancy (+8.0% to 57.1%) and RevPAR (+18.5% to $65.62).
In this week’s episode of the Hotel Moment podcast, Shannon Knapp, President and CEO of The Leading Hotels of the World, joins Karen Stephens, Revinate CMO, to offer a comprehensive perspective on what goes into creating a luxury experience and why that experience means nothing without the right technology and staff that knows how to use it. Shannon also provides historical context around how hoteliers have approached luxury in the past, and why guests have assumed leadership in luxury experienc
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.
ORLANDO, Florida—Located in the Disney Springs Resort Area in Lake Buena Vista, Florida, Renaissance Orlando Resort and Spa is open for accommodations, meetings and events, spa, and dining experiences. The full-service resort has 394 guestrooms, more than 25,000 square feet of indoor and outdoor meeting space, a zero-entry pool and hot tub, and a farm-to-table restaurant called American Kitchen Bar & Grill.
Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a Vivanta and a Ginger hotel in Mahindra World City (MWC), Chennai. These greenfield projects will be developed on a 3-acre land parcel near the Kolavai Lake, in the heart of the integrated business city.
LAS VEGAS, Nevada—MGM Resorts International signed a power purchase agreement with Escape Solar LLC that will more than double its access to clean solar electricity. The agreement will help the company grow closer to its goal of procuring 100 percent renewable electricity in North America by 2030. MGM Resorts currently uses solar power for 90 percent of the total daytime needs at 11 of its Las Vegas Strip properties.
Hard work leads to success. Right? That’s what most people think, but career advancement may depend more on who you know and how you optimize your personal connections. In today’s competitive job market, mentoring and networking are no longer just supplemental supports for career growth, they’re essential.
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.
WASHINGTON—The U.S. hotel industry reported lower performance results than the previous week, according to CoStar’s latest data through Sept. 7, 2024. U.S. Hotel PerformanceSeptember 1-7, 2024 Percentage change from comparable week in 2023:Occupancy: 57.8 percent (down 4.2 percent)ADR: $149.67 (down 1.0 percent)RevPAR: $86.48 (down 5.2 percent) Among the Top 25 Markets, Houston saw the highest year-over-year increases in occupancy (up 8.0 percent to 57.1 percent) and RevPAR (up 18.5 percent to $
This October, The Feathers, in the heart of historic Woodstock, reopens following a multi-million pound renovation. Interiors have been reimagined, providing a contemporary twist on the Grade II listed building while maintaining the building’s captivating charm. The reopening brings with it The Nest; a distinguished new brasserie and The Aviary Bar; poised to become a local hotspot with an impressive wine list and cocktail menu.
JLL’s Hotels & Hospitality group has secured acquisition financing for the Residence Inn Seattle East/Redmond, a 180-room hotel located in Redmond, WA. Working on behalf of the new owner, Clearview Hotel Capital LLC , JLL secured a five-year, fixed-rate loan through a low-cost, life insurance-based lending group offering highly favorable financing terms.
Fairmas, a leading provider of financial planning, controlling, and management reporting solutions for the hospitality industry, is excited to announce the opening of its new office in Italy. This expansion marks a significant milestone for Fairmas as it continues to grow and strengthen its global footprint.
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.
The joint venture between Smith Hill Capital , the commercial real estate debt investment management business of the Procaccianti Companies , and Bain Capital’s Special Situations team originated a first mortgage financing for the Embassy Suites by Hilton Nashville Airport. The first mortgage has a total available balance of $57 million. The 305-key property is close to Nashville International Airport, downtown Nashville and One Century Place Conference Center.
This report delves into the intense rivalry between Singapore and Hong Kong, two of Asia’s most influential hotel markets, each vying for dominance in the post-pandemic era. Singapore, now leading the region with occupancy rates surpassing 83% in early 2024, is capitalising on its ability to attract major international events.
London, UK, 13 September 2024 : Luxury soft brand Elegant Hotel Collection , enhances its global presence through a new partnership with sales and marketing company Discover the World, engaging 60 sales offices globally. The new agreement bolsters the luxury representation services provided by Elegant Hotel Collection, a global soft brand uniquely positioned to drive significant value to independent luxury hotels worldwide.
EHL IntroWeek is designed to help you transition seamlessly into your new environment, ensuring you feel supported and connected from day one. This invaluable week provides insights into academic expectations, social opportunities, and vital local information that will serve you throughout your studies.
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
We organize all of the trending information in your field so you don't have to. Join 11,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
151 
Let's personalize your content