Thu.Apr 25, 2024

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The impact of Airbnb short-term rentals on rural and urban communities

eHotelier

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.

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How to Pass Health Inspections: Ice Machines and Refrigeration

Modern Restaurant Management

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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The Angostura Colada Has Been Saluted, Ripped Off and Reinvented

EATER

The Angostura Colada, a Piña Colada with Angostura bitters in place of rum, is a modern classic cocktail that’s traveled around the world.

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How to improve front desk operations in the hotel industry

MEWS

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.

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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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Jerry Seinfeld on the Unreality of ‘Unfrosted’

EATER

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

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Elevated Revenue Performance and Increased ADR: 5 Case Studies

Revenue Hub

Below you will find brief introductions and links to 5 case studies which can help hoteliers looking to optimize revenue, develop sophisticated pricing strategies, refine revenue management strategies, streamline operations, or seize opportunities in times traditionally considered off-peak. NB: These case studies are from Atomize , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date The Arcade Hotel Are you striving to navigate the complexities of the current hospit

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Wyndham reaches pipeline room record in Q1

Hotel Business

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

Marketing 105
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The Battle for Direct Bookings

Revenue Hub

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.

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Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth

Lodging Magazine

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.

Magazine 105
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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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XLR8 RMS “Who Are We”: In Conversation with Natasha Pereira

Revenue Hub

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.

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Spain’s Labor Day holiday triggers 34% jump in hotel bookings

SiteMinder

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.

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The Symbiotic Relationship of Hotel Asset Management and Revenue Optimization

Revenue Hub

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

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Hilton’s Q1 profit rises on international travel rebound  

Hotel Management Network

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.

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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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10 Reasons Why I Love Delhi, India

STAAH

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.

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Wyndham Hotels & Resorts Reports Q1 2024 Results

Lodging Magazine

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.

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Shaping Hospitality’s Future with Hotel Oderberger, Flexkeeping and GauVendi

Hospitality Net

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.

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Outdoor Dining Boom: How Restaurants Can Capitalize on the Al Fresco Opportunity

Modern Restaurant Management

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.

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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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KSA unleashes massive hospitality expansion – and a wealth of investment opportunities – as tourism spending nears US$40 billion

Hospitality Net

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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SynergySuite Honored with Bronze Stevie® Awards in 2024 American Business Awards®

Synergy Suite

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®.

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HotelRunner named Booking.com’s Premier Connectivity Partner for an impressive 10th time

Hospitality Net

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.

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Enhancing hotel guests’ well-being: Academic insights for hoteliers

EHL Insights

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.

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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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Marriott International Signs Agreement With NEOM to Bring the Ritz-Carlton Reserve to Trojena, the Mountains of NEOM

Hospitality Net

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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Choice’s ESG report highlights sustainability initiatives

Hotel Business

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.

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Condé Nast Traveller Announces Its Global 2024 Hot List

Hospitality Net

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.

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World of Hyatt Platform Adds More Than 700 Properties From Mr & Mrs Smith

Lodging Magazine

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.

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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.