Fri.Sep 13, 2024

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How the Humble Michelada Became a Booming Side Hustle

EATER

The Michelada, the classic Mexican cocktail made with beer, hot sauce and spices, has become a booming side hustle across the U.S.

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How to Turn OTA Exposure into Direct Bookings

Revenue Hub

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.

Book 108
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Protect NYC Tourism Coalition rallies against City Council’s catastrophic hotel bill

Hospitality Net

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.

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Drive Profits With an Open Pricing Revenue Management Strategy

Revenue Hub

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.

Pricing 101
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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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Unveiling of Transformative Multi-Million Dollar Upgrades at Award-Winning Wyndham Grand Rio Mar Rainforest Beach & Golf Resort

Hospitality Net

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.

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More Trending

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Guide on Hotel Star Rating System. How does it work for Hotels?

Hotelogix

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

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Las Vegas Raiders names Ariva as official luxury apartment partner

Serviced Apartments

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

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Guide on Hotel Star Rating System. How does it work for Hotels?

Hotelogix

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

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An Interview with BLLA Award Winner, Kurt Bjorkman of The Ranch at Laguna Beach

Hospitality Net

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.

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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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The Nittany Lion Inn reopens after renovation

Hotel Business

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.

Events 98
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Guests define what luxury means today

Hospitality Net

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

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Strategies to Optimize Your Hotel Profit Margins

Revenue Hub

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.

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IHCL Strengthens Its Presence in Chennai, Signs Two Hotels in the City

Hospitality Net

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.

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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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Barceló Hotel enhances CX with Tealium and Amazon Ads integrations

Hotel Management Network

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.

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Mentoring & networking: Building relationships for career development

Hospitality Net

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.

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Renaissance Orlando Resort and Spa Opens After Renovation

Guides: Lodging Magazine

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.

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Woodstock Welcomes a New Cultural Destination: The Feathers Reimagined

Hospitality Net

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.

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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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MGM Resorts Signs Agreement to Double Solar Electricity Access

Lodging Magazine

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.

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Houston Marriott Sugar Land Undergoes Major Renovation

Hospitality Net

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.

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CoStar: U.S. Hotel Performance Lowers From Previous Week

Lodging Magazine

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 $

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Elizabeth Country House: Where a Familial History Finds a New Lineage

Hospitality Net

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.

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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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Renaissance Orlando Resort and Spa opens

Hotel Business

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.

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BTS from IntroWeek at EHL

Hospitality Net

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.

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JLL arranges acquisition financing for Seattle-area Residence Inn

Hotel Business

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.

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Price Matching: OTAs are doing it, should you?

Hospitality Net

Expedia has heavily invested in its ARM (Automatic Rate Match) tool to ensure it offers the best prices and wins bookings on its platform. With billion-dollar budgets and countless hours spent researching guest behavior, Expedia sets a clear example. The fact that they prioritize rate matching sends a strong signal that hotels should seriously consider doing the same.

Pricing 95
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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.