Fri.Jan 26, 2024

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How To Stay Open When The Power Is Out 

Modern Restaurant Management

When the lights go out, equipment stops running, chefs can’t cook and customers can’t dine. Quite simply, when restaurants lose electricity, revenues stop. And, with power outages lasting on average seven hours, this could create devastating losses for businesses in an industry already operating on thin margins. Between the product waste from refrigerated food expiring in two to four hours and the inability to keep generating income from a kitchen shutdown, power outages have the pot

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The Vegas Strip’s Newest Casino Charged $21 for Six Nacho Chips — And #Nachogate Was Born

EATER

When one sports bar came under fire for a pitiful plate of nachos, social media users united under the banner of what a good plate of nachos looks like

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ALIS Forward Development Panel Points To Longer Stays, Wellness As Key Guest Trends

Lodging Magazine

LODGING is live from ALIS 2024, brought to you by Choice Hotels. Access more of our live coverage here. Remote work, longer stays, wellness and the demand for cutting-edge technology were among the top consumer trends cited by a quartet of female development executives as driving both demand and design within the newest generation of hotels. In a panel entitled “Forward @ ALIS: Part 1 – Development Disruptors”—which was moderated by John Lancaster, VP, emerging markets, Choice […] The post

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When Did Taprooms Start to Look So… Nice?

EATER

Craft beer taprooms, once only industrial extensions of breweries, have gotten a makeover. Here's why they're now bright, airy and sleek.

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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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Anthony Capuano, Marriott International at ALIS 2024

Lodging Magazine

LODGING is live from ALIS 2024, brought to you by Choice Hotels. Access more of our live coverage here. Dennis Nessler sat down with Anthony Capuano, president and CEO of Marriott International at ALIS 2024 in Los Angeles. The post Anthony Capuano, Marriott International at ALIS 2024 appeared first on LODGING Magazine.

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Hotels Under Pressure as OTA Competition for Guests Explodes

Revenue Hub

The battle for direct bookings has entered a new phase as online travel agents (OTA) ramp up efforts to establish ownership of hotel guests and their booking journeys, a new report from hospitality technology specialist SHR Group reveals. Subscribe to our weekly newsletter and stay up to date While OTAs and hotels have a mutually beneficial relationship, the Hotel Industry Trends Report 2024 exposes for the first time the way a recent influx of marketing spend from OTAs is fast reducing hote

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World Sustainable Travel & Hospitality Awards and The Sustainable Hospitality Alliance forge landmark partnership to drive net positive tourism

Hospitality Net

World Sustainable Travel & Hospitality Awards (WSTHA) and The Sustainable Hospitality Alliance (The Alliance) have unveiled a landmark partnership to recognise the torch bearers of sustainable tourism. The Alliance will help steer the WSTHA programme, including serving on its new Advisory Board. The announcement, made at Fitur 2024, comes ahead of the inaugural WSTHA Ceremony in Belize on 27 September 2024.

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Mastering Guest Retention: The Key to Long Term Success

Revenue Hub

In the competitive world of hospitality, acquiring new guests is undoubtedly important. However, the true marker of success and sustainability lies in a hotel’s ability to retain guests. Retention not only signifies guest satisfaction but also leads to more stable revenue streams and enhanced brand reputation. In this article, we explore effective strategies for guest retention.

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Meliá Adds a New Hotel Every Two Weeks and Strengthens Its Portfolio in the Luxury Segment

Hospitality Net

Meliá Hotels International, the leading hotel chain in Spain, has announced a strong push for its international expansion, as revealed today at Fitur - the Madrid Tourism Fair - by its President and CEO, Gabriel Escarrer. He stated, ’The future of our company involves becoming larger and better managers, which means adding a minimum of one hotel every two weeks.

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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 Risk of Undervaluing Your Hotel Brand

Revenue Hub

We have to admit that the hotel world is complex, absorbing and very fast-paced. There is a fierce debate about the best solutions and complex tools that will allow a residual improvement in revenue to be achieved – what we sometimes call “fairy dust”. NB: This is an article from Guestcentric Subscribe to our weekly newsletter and stay up to date Personally, I find myself thinking more and more about a fundamental aspect of the business – which has the potential to define the commercial success

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StepStone Hospitality Assumes Management of Homewood Suites Pittsburgh – Southpointe

Hospitality Net

StepStone Hospitality announces the newest addition to its management portfolio, the 148-key Homewood Suites Pittsburgh – Southpointe. With a strong history of successful hotel operations, StepStone Hospitality is poised to bring its expertise to this premium extended-stay property, located at 3000 Horizon Vue Dr, Canonsburg, PA 15317.

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Beyond Apologies: 7 Keys to Service Recovery After a Mistake

Revenue Hub

In a world where customer expectations are constantly rising, and social media can amplify experiences, service recovery has become an essential art for any company aiming to maintain customer loyalty. NB: This is an article from EHL Subscribe to our weekly newsletter and stay up to date Mistakes are now magnified (and even go viral), consumers have hundreds of alternative options, and errors come at a higher cost.

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Why Every Pizzeria Should Start A Ghost Kitchen in 2024

Adora POS

Explore the potential of ghost kitchens for pizzerias in 2024 with our insightful blog. Learn how this innovative concept can revolutionize your pizza business by maximizing efficiency and tapping into new markets with minimal overhead. Discover the advantages of running a virtual kitchen alongside your existing operations, using Adora's technology for data-driven success.

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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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Booking.com Reveals the Year’s Most Welcoming Destinations and the Traveller Review Awards 2024 Recipients

Hospitality Net

Booking.com, global leader in connecting travelers with the widest choice of incredible places to stay, great things to do, and transport options, such as flights, car rentals and taxis, is announcing the recipients of its 12th annual Traveller Review Awards. Based on more than 309 million verified customer reviews, and in recognition of delivering consistently excellent service and hospitality, a record 1.48 million travel partners are receiving a Booking.com Traveller Review Award 2024.

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The Old Stocks Inn brought to market for £3m

Hotel Owner

The Old Stocks Inn in has been brought to market with offers in excess of £3m sought. The Grade II listed refurbished boutique hotel is located in the market square of Stow-on-the-Wold. The “beautifully restored” hotel comprises 16 ensuite bedrooms, an award-winning restaurant, bar, cocktail lounge, private dining room, split level garden patio with outdoor seating, car park and staff house.

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Hotel strategy: Examples to boost your business

Hospitality Net

A hotel strategy is a detailed plan that outlines the approach a hotel or hospitality business will take to achieve its goals and objectives.

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Robots, AI ruled CES 2024

Smart Brief Hospitality

The theme of this year’s tech show was “All On,” a play on words that tells me that anything with an on button is getting its moment at the annual gathering of consumer electronics companies, and CES 2024 didn’t disappoint. Robots were on, interoperability was on, every home appliance was on and listening, and your car’s on button could be pushed from the comfort of your couch via smartphone.

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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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IHCL Demonstrates Sustained Portfolio Expansion in 2023

Hospitality Net

Indian Hotels Company (IHCL), India’s largest hospitality company, marks yet another year of accelerated portfolio expansion in 2023 with 32 new hotels signed and 18 new hotels opened. Reinforcing its position as a leader in the hospitality landscape, IHCL’s portfolio at 285 hotels includes an industry leading pipeline of 85 hotels.

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Knowland, Amadeus Data Finds Group Business Performance Growth

Lodging Magazine

ARLINGTON, Virginia—Knowland and Amadeus presented the metrics from the companies’ Hospitality Group and Business Performance Index. The fourth quarter of 2023 demonstrated that group business in 10 of the top U.S. markets has recovered 110 percent compared to the same time in 2019. Group bookings are calculated using occupancy and average daily rate (ADR).

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Do You Know How Double-Entry Accounting Works?

Hospitality Net

The concept of double-entry accounting has been around for over five centuries. In 1494 an Italian monk named Luca Pacioli who was also an accomplished mathematician devised a process for keeping buying and selling among fifth century merchants equitable who did business with each other.

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NRN editors talk Chipotle’s marketing to Gen Z, Applebee’s Date Night Pass, and America’s Favorite Chains

Nation's Restaurant News

Plus, hear from Bonchon’s new CEO, Suzie Tsai.

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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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Dubai’s first fitness & recovery hotel to open in February

Hospitality Net

The inaugural SIRO One Za’abeel hotel by Kerzner International is set to open its doors in February. This marks the debut of Kerzner’s new fitness and wellness-focused brand, making it a first-of-its-kind globally. Starting February 1, the hotel’s state-of-the-art fitness and recovery labs will be operational, with accommodations available to guests from February 12.

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CoStar: U.S. Hotel Performance Decreases, Comparisons Remain Mixed

Lodging Magazine

WASHINGTON—U.S. hotel performance decreased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through Jan. 20, 2024. U.S. Hotel Performance January 14-20, 2024 Percentage change from comparable week in 2023:Occupancy: 52.2 percent (down 3.8 percent)ADR: $142.27 (up 1.6 percent)RevPAR: $74.31 (down 2.2 percent) Among the Top 25 Markets, Seattle saw the largest year-over-year occupancy increase (up 9.6 percent to 54.1 percent).

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IHCL Expands Its Presence in Ayodhya - Signs Its Third Hotel in the Holy Town

Hospitality Net

Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a third hotel in Ayodhya, Uttar Pradesh. The brownfield project will be branded as an IHCL SeleQtions hotel.

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Baywood purchases Philly-area hotel from MCR

Hotel Business

Hunter Hotel Advisors has arranged the sale of the Residence Inn Philadelphia Langhorne. MCR Hotels sold the property to Baywood Hotels. Located in the Bucks County Business Park, the 100-key hotel is located less than one mile from various corporate demand generators, including Almo Distributing, Nordon Food Service Equipment, Metals USA Plates and Shapes, McCaffrey’s Food Markets Corporate Office and Blue by ADT.

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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.