Tue.Jul 16, 2024

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Revenue growth management in food service: What you should think about

eHotelier

By combining modern technology with an analytical mindset, you can refine your operations, target high-performing markets, and realign your offering with consumer demands to achieve sustained revenue growth.

Marketing 278
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1 in 11 hospitality businesses forecast to fail in next year

Hospitality Magazine

New figures from CreditorWatch’s June Business Risk Index paint a grim forecast for hospitality operators, with 1 in 11 businesses predicted to fail in the next 12 months. The business failure rate has increased by 8.8 per cent across all industries in the last year, but the figures relating to the hospitality sector are particularly harsh. The hospitality business failure rate is forecasted to rise from 7.5 per cent to 9.1 per cent.

Pricing 237
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Loyalty Innovation Has Evolved to Focus More on the Customer

Modern Restaurant Management

Personalization is key to successful loyalty programs, according to the 2024 Paytronix Loyalty Trends Report. "Top performers are personalizing and using data to segment their customer database," Kristin Lynch, Senior Director of Restaurant Strategy for Paytronix Systems. "They are differentiating, delivering an emotional connection and recognizing their most valuable customers." Lynch has more than 20 years’ experience managing large CPG and retail brands in marketing and

Marketing 197
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Hotel rack rates: What they are and the best strategies | Mews

MEWS

What are rack rates in hotels? Rack rates are essentially the starting point for a hotel room’s pricing — think of it as the highest price before any discounts or special promotions kick in. Sometimes you'll hear it called the walk-in rate or retail rate. This is the baseline from which you begin any rate negotiations or apply discounts.

Pricing 130
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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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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Mytico

Hospitality Magazine

Drinking coffee has become a daily ritual many people delight themselves with. The trend has increased in recent decades, as has the expectations of customers. Barista-quality espresso has even become one of the prerequisites for staying in a hotel or visiting a new restaurant. People search for an extraordinary coffee experience wherever they go. Franke Coffee Systems always keeps up with the latest trends and respond with innovative solutions that go beyond industry standards.

Magazine 130

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Hoshizaki

Hospitality Magazine

Hoshizaki is a proud provider of complete commercial refrigeration solutions and ice makers, showcasing an expansive selection to meet diverse business needs. Hoshizaki ice machines are popular in bars, restaurants, and hotels, and are an essential for bar and kitchen teams. Ice makers include Cubers, Flakers, Nugget, and Crescent models, which are suitable for a wide range of purposes.

Catering 130
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KGH opens restaurant- a 24-hour outlet in Dubai’s JLT as Indian food drives UAE’s $20 bn F&B sector

eHotelier

Kings Group Hospitality, one of the fastest-growing food service providers in the Middle East and Far East, has opened its 12th outlet – Amritsr Restaurant, a groundbreaking addition to the UAE’s dynamic US$19.98 billion food and beverage industry.

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Miele

Hospitality Magazine

MasterLine is a powerful, durable, and efficient dishwasher. It is designed to rise to the challenges of commercial dishwashing and promises to reduce your workload in the hustle and bustle of day-to-day work life. Modern Miele technologies, intuitive touch controls, and cycle times of only six minutes* produce outstanding results and streamline processes.

Magazine 130
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Staypineapple chooses Mews to surprise and delight guests across the US

eHotelier

Mews, the industry-leading hospitality cloud that has more than tripled its customer base in the United States over the last year, has now been chosen by Staypineapple to power its growing portfolio of hotels.

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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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Aristarco

Hospitality Magazine

Achieve unparalleled cleanliness and efficiency with the Aristarco range of dishwashers from Stoddart. Designed to cater to diverse establishment needs, Aristarco warewashing solutions ensure impeccable performance and superior hygiene. Undercounter glasswashers and dishwashers: ideal for small spaces Aristarco’s undercounter glasswashers and dishwashers are perfect for cafés and bars with limited space.

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Centara helps international holidaymakers to uncover iconic attractions and hidden gems in Thailand and beyond

eHotelier

With its year-round tropical climate, spectacular natural scenery and famously warm and friendly people, Thailand is a dream destination for many international holidaymakers.

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Sushi Machines

Hospitality Magazine

The ASM545CE Multi Nigiri Machine is an advanced sushi-making device designed to streamline the production of nigiri sushi. Engineered by Autec, a leader in sushi robotics, the machine combines efficiency with precision to deliver consistent, high-quality nigiri. The ASM545CE can produce up to 2,000 pieces per hour, significantly increasing output while maintaining the traditional hand-pressed quality.

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Rory Coote appointed Corporate Director of Learning & Development at Rotana

eHotelier

Rotana has announced the appointment of Rory Coote as corporate director of learning and development. Coote brings 12 years of experience to his new role at Rotana.

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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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Unox

Hospitality Magazine

The culinary world is witnessing a game-changing innovation with the introduction of SPEED-X and EVEREO®, a powerful combination that promises to redefine kitchen operations and food service. SPEED-X , the world’s first combi speed oven. SPEED-X , has garnered multiple prestigious awards for its groundbreaking design and technology. The intelligent oven merges air, steam, microwaves, and a fully automatic self-cleaning system, offering unparalleled versatility and efficiency.

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How to make your hotel a wellness tourism hub

eHotelier

According to the Global Wellness Institute, wellness tourism was worth $651 billion globally in 2022, and is forecast to grow to a massive $1.4 trillion by 2027.

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The Michelin Guide Is Coming to Texas for the First Time

EATER

The Michelin Guide to Texas, from the international restaurant, the international restaurant review system that awards restaurants with stars, is coming to Texas for the first time ever in 2024, with star ratings for restaurants in Austin, San Antonio, Houston, Dallas, and Fort Worth.

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Hotel Guest segmentation: 5 basic tips to boost conversions

eHotelier

Understanding your guests is key to standing out as a hotel. But with diverse demographics and travel styles, a one-size-fits-all approach simply won't cut it.

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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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Restaurant Deal Landscape for Mid-Year 2024

Modern Restaurant Management

Headlines have been filled with a number of restaurant-related transactions this year with well-known names including MOD Pizza, Carrols Restaurant Group, Fogo de Chao, Ruth’s Chris and Pollo Tropical. To gain perspective on current deal activity in the restaurant sector, Modern Restaurant Management (MRM) magazine reached out to Nixon Peabody Corporate Transactions associates Robert Pethick and Anthony Bova.

Pricing 110
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Erik Grazetti appointed Director of Sales & Marketing at The St. Regis Chicago

eHotelier

The St. Regis Chicago, the Windy City's newest luxury hotel, announces the appointment of Erik Grazetti as Director of Sales & Marketing.

Marketing 130
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Feel Free Was Supposed to Be a Risk-Free Alcohol Alternative. For Some, It Became an Addiction.

EATER

A class action lawsuit centers on the alleged dangers of kava and kratom, two ingredients used in a drink purported to boost “vitality,” “chill vibes” and “relaxation.

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Navigating the Complex World of Conversational AI – Part 2

eHotelier

As the hospitality industry continues to evolve, Artificial Intelligence has emerged as a powerful tool that allows hoteliers to unlock new levels of efficiency. Not all AI is created equal, and what works for one industry may not work for another.

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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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Restaurant RE Trends for Mid-Year 2024

Modern Restaurant Management

To get more insights on the current status of the restaurant real estate market, Modern Restaurant Management (MRM) magazine reached out to Satya Guduru , CEO at Janapriya Upscale USA. What kind of properties are currently in demand and what trends are you seeing? What markets are doing well and why and what ones are not doing so well? Cost conscious consumers are looking for budget-friendly options.

Budgeting 100
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J.D. Power: 2024 NAGSI Study Shows Travelers Are Paying More for Hotel Rooms

Lodging Magazine

TROY, Michigan—With an average daily rate (ADR) for a U.S. hotel room of $158.45 in May 2024—the second-highest month ever behind $159.01 in October 2023 —virtually every traveler in every hotel price bracket is paying more for a hotel room. According to the J.D. Power 2024 North America Hotel Guest Satisfaction Index (NAGSI) Study, travelers’ perceived value for those higher prices greatly depends on how well the hotel delivers on their expectations.

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Let the Freezer Transform Your Tofu

EATER

Subin Yang Turn tofu from bouncy and soft to porous and spongy in one easy step The first time I froze tofu was more incidental than intentional. Having accidentally doubled a grocery order, I put some blocks of extra firm tofu in the freezer, as is in their plastic packaging. After I took the tofu out and thawed it, I found that it had transformed.

Book 107
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A Long-Term Solution to Short-Term Rentals

Lodging Magazine

Last month, we saw a powerful example of the American Hotel & Lodging Association’s advocacy influence and reach as we secured an important policy victory that ensures fair treatment for hotels in Hawaii, a major U.S. tourist destination that’s critical to the health of our industry. As our members know, AHLA is constantly monitoring states across the country for policies that discriminate against hotels in favor of short-term rental properties.

Magazine 110
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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.