eHotelier
APRIL 25, 2024
A boon for some, a bane for others, short-term rentals, with Airbnb leading the way and absorbing the biggest blows, will undoubtedly remain an important part of the hospitality landscape in one form or another.
Modern Restaurant Management
APRIL 25, 2024
Steering through the maze of health inspections might seem tricky. There's a lot to consider — especially when it comes to your commercial refrigeration and ice machines. But fear not! This friendly guide is here to shed light on the best practices to keep your coolers and ice makers sparkling clean. It's not just about acing health inspections, but also about winning the trust of your customers by letting them know their health and enjoyment are your number one priority.
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MEWS
APRIL 25, 2024
What are the main front desk duties? The front desk serves is responsible for welcoming visitors, answering questions, and addressing any issues that may arise during their stay. It's essential that they always prioritize guest needs and anticipate their preferences to ensure a pleasant experience.
EATER
APRIL 25, 2024
The Angostura Colada, a Piña Colada with Angostura bitters in place of rum, is a modern classic cocktail that’s traveled around the world.
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.
SiteMinder
APRIL 25, 2024
With every passing year, revenue management is playing a more central role at hotels as they navigate a landscape now locked in a permanent state of change. Particularly in recent years, when hotels have at times been forced to confront a reality without cash flow, revenue management has been thrust to the forefront of every hotelier’s mind. Revenue managers, as a result, have been tasked with the critical role of delivering effective pricing and distribution strategies amid evolving trends and
EATER
APRIL 25, 2024
Unfrosted is an absurd take on the invention of Pop-Tarts. | John P. Johnson / Netflix Seinfeld and Spike Feresten explain why the story of the Pop-Tart called for an absurdist approach There is a real story about how Pop-Tarts were invented: In 1964, the breakfast food company Kellogg’s (which now operates as Kellanova) approached William Post to develop a breakfast toaster pastry, knowing that its competitor company Post — no relation to William — was working on a similar product called Countr
Hospitality Management Today brings together the best content for hospitality management professionals from the widest variety of industry thought leaders.
STAAH
APRIL 25, 2024
Purvi Ramani, deeply rooted in Delhi, finds herself drawn to the city’s myriad charms and ceaseless energy, offering a tapestry of cultural diversity and contemporary living. In this blog, she unveils her 10 reasons why Delhi remains an enduring source of inspiration and fascination for her. 1. Serene Beauty | Things to do in Delhi In the heart of bustling Delhi, discover serene sanctuaries where nature’s tranquility prevails.
Revenue Hub
APRIL 25, 2024
For over 20 years, hotels have been competing with OTA’s for direct bookings. The OTA’s are winning, and frankly, it’s not a close fight. NB: This is an article from gcommerce Subscribe to our weekly newsletter and stay up to date As hospitality digital marketing has progressed, so have the strategies and tactics used by hotels and OTAs to win customers.
Hotel Business
APRIL 25, 2024
Wyndham Hotels & Resorts , for the first quarter ended March 31, reported that global RevPAR grew 1% in constant currency and ancillary revenues grew 8% compared to the first quarter of 2023. The company’s development pipeline consists of nearly 2,000 hotels and approximately 243,000 rooms, an all-time record for the latter. “We’re thrilled to announce another strong quarter of progress in our executions, openings, franchisee retention and net room growth around the world,” said Geoff
Revenue Hub
APRIL 25, 2024
We are delighted to welcome XLR8 RMS as an Expert Partner In this “ Who Are We ” interview we are joined by Natasha Pereira , Sales Director Through our conversation you will hear more about XLR8 and their solution, looking at the backstory to their formation, geographical focus and typical client profile. We also touch on how XLR8 leverages Artificial Intelligence to empower hoteliers with essential tools to streamline operations.
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.
Lodging Magazine
APRIL 25, 2024
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there were 6,065 projects with 702,990 rooms in the pipeline. This new all-time high represents a 9 percent year-over-year (YOY) increase in projects and a 7 percent YOY increase in rooms compared to last year. The details can be seen directly within the stages of the pipeline, which all saw YOY growth […] The post Lodging Econometrics: U.S.
Revenue Hub
APRIL 25, 2024
In a recent conversation I had with an asset manager who was underwriting a hotel in the metro Atlanta area, it was determined that for each incremental 50k of profit achieved, the hotel asset value went up approximately 600k. Imagine if your revenue team fully understood this. NB: This is an article from Revenue Generation Subscribe to our weekly newsletter and stay up to date Hotel asset management and revenue optimization are two critical components of a successful hotel operation, each playi
SiteMinder
APRIL 25, 2024
Barcelona, Spain – Spanish hotel bookings have jumped 34% ahead of the upcoming Labor Day holiday, compared to the same period last year. This is according to the latest figures from SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels. Compared to 2022, hotel booking momentum has grown 55%, as travellers take the opportunity to secure a five-day weekend.
Hotel Management Network
APRIL 25, 2024
Hilton Worldwide Holdings has reported a net income of $268m in the first quarter (Q1) of 2024, marking a 28.22% rise from $209m in the same quarter of 2023, benefitting from a rise in overseas travel. The post Hilton’s Q1 profit rises on international travel rebound appeared first on Hotel Management Network.
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.
Lodging Magazine
APRIL 25, 2024
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended March 31, 2024. Highlights include: “We’re thrilled to announce another strong quarter of progress in our executions, openings, franchisee retention, and net room growth around the world,” said Geoff Ballotti, president and CEO. “Increased interest from hotel owners in our brands has propelled our development pipeline to a record 243,000 rooms, marking an impressive 8 percent increase.
Hospitality Net
APRIL 25, 2024
Mews Unfold 2024 takes place on 29th May at Amsterdam’s stunning Muziekgebouw. It’s a day of hospitality innovation, designed to inspire hoteliers in the pursuit of remarkable hospitality.
Modern Restaurant Management
APRIL 25, 2024
As the weather warms and patios come alive, restaurants across the country are gearing up for a summer of outdoor dining. The pent-up demand for al fresco experiences is palpable, and smart operators are taking strategic steps to make the most of this lucrative opportunity. According to data from Tock, nearly a third of restaurants in Tock’s network have the space needed to serve guests outdoors, with 33 percent having an existing space.
Hospitality Net
APRIL 25, 2024
The Kingdom of Saudi Arabia is expected to deliver 320,000 new hotel rooms – with a development cost of US$37.8 billion – by 2030 as part of its unprecedented investment in infrastructure, tourism transformation and real estate, according to industry data released ahead of the Future Hospitality Summit Saudi Arabia, 29 April to 1 May.
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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.
Synergy Suite
APRIL 25, 2024
The American Business Awards® Announces Winners, SynergySuite amongst Honorees Lehi, Utah, USA – April 25th, 2024 – SynergySuite proudly announces its recognition as the winner of two bronze Stevie® Awards in the Company of the Year categories for Food & Beverage – Medium and Hospitality & Leisure – Medium in The 22nd Annual American Business Awards®.
Hospitality Net
APRIL 25, 2024
The leading global hospitality and travel technologies provider HotelRunner has been selected as Booking.com’s Premier Connectivity Partner for 2024. HotelRunner has proudly received this significant accolade from Booking.com for the 10th consecutive time, solidifying its position as a trusted partner on one of the world’s foremost digital travel platforms.
EHL Insights
APRIL 25, 2024
In recent years, the topic of well-being has become increasingly ubiquitous. A report by McKinsey (2024) finds, surprisingly, that millennials and Gen Z are spending more on health and wellness than older consumers. According to the Global Wellness Institute (2023), the wellness economy reached $5.6 trillion in 2023 and is forecast to soar to $8.5 trillion by 2027.
Hospitality Net
APRIL 25, 2024
Marriott International, Inc. announced it has signed an agreement with NEOM to open its second Ritz-Carlton Reserve in Saudi Arabia. Anticipated to open in Trojena, a year-round mountain destination located in the northwest region of the country, the property will offer a complete escape into a private world of luxury.
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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.
Hotel Business
APRIL 25, 2024
Choice Hotels International Inc. has published its 2023 Environmental, Social and Governance Report. The report details Choice’s latest initiatives to drive sustainability across its portfolio of hotels. This includes new and expanded requirements to help reduce utility usage and identify savings through its revamped Room to be Green verification program.
Hospitality Net
APRIL 25, 2024
Condé Nast Traveller US, UK, Spain, India, and Middle East jointly announce their annual Hot List, crafted by our global team of editors, who spent the past year visiting and vetting the honorees. This carefully curated list is CNT’s most diverse yet, unveiling the hotels, restaurants, and cruises around the globe that redefine the standards of hospitality through their service, design, and point of view.
Lodging Magazine
APRIL 25, 2024
CHICAGO—Hyatt Hotels Corporation announced that World of Hyatt is offering members access to earn and redeem at a collection of more than 700 boutique and luxury hotels and villas around the globe with Mr & Mrs Smith. From glamping stays and wellness retreats to palazzos, ski resorts, and more, members can earn and redeem World of Hyatt points when they book through Hyatt channels.
Hospitality Net
APRIL 25, 2024
STR’s global "bubble chart" update for the four weeks ending 6 April 2024 shows 60% of markets with year-over-year growth in revenue per available room (RevPAR). That volume was noticeably less than the 77% of markets with growth in our last update, showing more of the world has reached a normalization period.
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.
EHL Insights
APRIL 25, 2024
In less than two decades, short-term rentals have thoroughly transformed the hospitality industry, wresting 15% market share from hotels. From a feel-good pioneer of the sharing economy to a $100bn behemoth, Airbed and Breakfast, better known as Airbnb , has revolutionized hospitality from its beginnings in 2007 — creating a whole new market in the process.
Hospitality Net
APRIL 25, 2024
Capella at Galaxy Macau sets a new standard of luxury in the destination, providing a curated collection of authentic cultural experiences.
Hotel Business
APRIL 25, 2024
Bruce Wardinski , chairman/CEO, Playa Hotels & Resorts N.V. , has received the Lifetime Achievement Award at the Caribbean Hotel & Resort Investment Summit (CHRIS) and Hotel Opportunities Latin America (HOLA). The award ceremony took place at the Loews Coral Gables Hotel in Coral Gables, FL. Jeff Higley, president, The BHN Group, coordinator of the conferences, praised Wardinski’s more than four decades of commitment to the hospitality space. “Bruce has carved a niche in the
Hospitality Net
APRIL 25, 2024
Choice Hotels International, Inc. (NYSE: CHH), one of the world’s largest lodging franchisors, today published its 2023 Environmental, Social, and Governance Report. The report details Choice’s latest initiatives to drive sustainability across its portfolio of hotels. This includes new and expanded requirements to help reduce utility usage and identify savings through its revamped Room to be Green verification program.
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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