Modern Restaurant Management
MARCH 15, 2024
The most popular way to pay at restaurants is through card transactions, whether it's credit or debit. According to a PYMNTS study , 68 percent of consumers use their credit cards to purchase food at a restaurant, equating to $29.8 billion in sales in February 2022. While credit cards seem easy and simple for consumers, the payment method impacts a restaurant's bottom line more than guests realize.
EATER
MARCH 15, 2024
Photo illustration by Lille Allen; Bun B photographed by Bob Levey/Stringer via Getty; Beyoncé photographed by Mason Poole; barbecue images by Jason Fochtman/Houston Chronicle via Getty Images; Joel Villanueva/Getty; Gregory Smith/Getty; and razerbird/Getty [link]
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Modern Restaurant Management
MARCH 15, 2024
Tipping has gotten out of control, according to nearly three in four Americans who took part in WalletHub's Tipping Survey. Approximately 78 percent think automatic service charges should be banned. "More and more types of establishments are starting to ask for tips, and suggested tip amounts are growing higher, so it’s understandable that people are frustrated, especially when this issue comes alongside inflation,” said Cassandra Happe, WalletHub Analyst. “Tipping is s
Hotel Business
MARCH 15, 2024
Executives from CoStar, CBRE, Kalibri Labs and more forecast how hotels will perform this year, while owners and operators provide their thoughts on how each chain scale will do. The 2024 U.S. Industry Outlook originally ran as a supplement to the January 2024 issue of Hotel Business. Complete the form below to download the report. Name * First Last Company Name * Job Title * State * Phone * Email Address * Consent * I have read and agree to the Email Consent Policy.
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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Lodging Magazine
MARCH 15, 2024
ATLANTA, Georgia—The Hunter Hotel Investment Conference (HUNTER) announced featured speakers and new initiatives in this year’s programming. The additions to the 2024 schedule underscore HUNTER’s commitment to incorporating fresh topics and perspectives into its expanding attendee base. Among the speakers, HUNTER welcomes Cassie Kozyrkov, Google’s first chief decision scientist, to lead a session on artificial intelligence and its evolving impact on the hospitality industry.
Hospitality Management Today brings together the best content for hospitality management professionals from the widest variety of industry thought leaders.
Revenue Hub
MARCH 15, 2024
Overall, the arrival of Swift is positive for pricing in every hotel market we look at, although the level of variation from destination to destination can be quite extreme, for reasons we will discuss later. Given that this most mammoth of tours stops at an impressive 18 European cities for a combined total of 51 shows, we have condensed the analysis somewhat to show the effect Swift has on local markets.
EATER
MARCH 15, 2024
Lily Fossett DIY charcuterie can be yours, provided you don’t let humidity get in the way As someone who had previously only flirted with the idea of making sausages, I surprised myself when I came home at the start of February with a three-pound slab of pork belly and a $20 sausage stuffer. Perhaps it was a particularly celebratory Lunar New Year that enticed me to make my own fragrant and fatty slices of lap cheong to wok-toss into my favorite rice dishes.
Revenue Hub
MARCH 15, 2024
As of 2024, Google has announced that it will begin enforcing key EU regulations that require a website visitor’s consent to track them and serve personalised ads. The change means that for hotels to continue to track guest behaviour on their website and booking engine, hotels will be required to switch on Consent Mode – a feature provided by most major cookie consent solutions.
EATER
MARCH 15, 2024
Piquette, a natural wine category that was once the industry's cool fad, is now practically endangered. How did it rise and fall so quickly?
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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.
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Hospitality Net
MARCH 15, 2024
The DoubleTree by Hilton Hartford and The Revel Apartments, a premier mixed-use development, today celebrated its grand opening with a ribbon-cutting ceremony. The ceremony was attended by distinguished guests, including Ned Lamont, Governor of Connecticut; Arunan Arulampalam, Mayor of Hartford; and William Fortier, Senior Vice President - Development, Americas, Hilton.
Revenue Hub
MARCH 15, 2024
Hoteliers and revenue managers rely on effective hotel price monitoring to optimize revenue and maximize profitability. By understanding market trends, demand patterns, and competitor pricing strategies, hoteliers can adjust their pricing strategies in real time to attract more guests and maintain a competitive edge in the industry. NB: This is an article from eZee Absolute Subscribe to our weekly newsletter and stay up to date On the flip side, for travelers, monitoring hotel prices can mean th
Hospitality Net
MARCH 15, 2024
Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a new Vivanta hotel in Madhya Pradesh’s ancient pilgrim city of Ujjain. The hotel is a Greenfield project.
Hotel Business
MARCH 15, 2024
Berkadia has negotiated the sale of the 103-key SpringHill Suites Tampa Brandon. Managing Director Michael Weinberg and Associate Director Kyle Sahlsten of Berkadia Orlando and Tampa led the transaction on behalf of the seller, Florida-based Impact Properties. The property was sold to a joint venture between Florida-based Sonari Capital Partners and Ark Development.
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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.
Hospitality Net
MARCH 15, 2024
Choice Hotels International, Inc. (NYSE: CHH) one of the world’s largest hotel franchisors, has over 400 hotels in the path of the total solar eclipse taking place on April 8 that are being booked at an increased rate of 800% compared to the same date last year. The total eclipse will be visible along a narrow track stretching from Texas to Maine. More than 20% of American travelers say they are likely to take a trip to experience next month’s total eclipse, according to the State of the America
Lodging Magazine
MARCH 15, 2024
What initially inspired you to get into the hospitality business? I stumbled into the hospitality industry by accident. What was supposed to be just a high school job turned into a lifelong passion for the industry. I started in housekeeping when I was 15 and was blessed with other opportunities to work in each department of the hotel and food and beverage.
Hospitality Net
MARCH 15, 2024
Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a Taj hotel in Indore, Madhya Pradesh. The hotel is a Greenfield project and will be one of the largest convention facilities in Central India.
Nation's Restaurant News
MARCH 15, 2024
Hear more about this week’s biggest restaurant news stories
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.
Hospitality Net
MARCH 15, 2024
At EHL Passugg, a pivotal experience awaits hotel management students in their 4th semester—the Concept Week, a highlight in their academic journey. This immersive undertaking serves as a paramount opportunity for students to apply their acquired knowledge in a practical setting. The primary objective is to collaboratively conceive and execute an F&B pop-up concept.
SAS
MARCH 15, 2024
Growing up involves a long process of discovering more about ourselves and the world around us. Looking back at our younger selves' decisions and thought processes can leave a sense of laughter, embarrassment, growth or even pride. Thinking about how far you’ve come as a person can be rewarding. For [.
Hospitality Net
MARCH 15, 2024
In the competitive hospitality industry, the value of a brand partnership extends far beyond mere association. Hotel owners increasingly recognize the importance of enhancing guest satisfaction and operational efficiency and ensuring these critical elements are intricately woven into the financial fabric of their brand agreements. An innovative approach to this is negotiating clauses that allow for reduced fees and introduce potential penalties for the brand should guest satisfaction dip below a
Lodging Magazine
MARCH 15, 2024
NORWALK, Connecticut—HEI Hotels & Resorts added the DoubleTree by Hilton Atlanta-Roswell and DoubleTree by Hilton Atlanta–Alpharetta to its portfolio, bringing the total number of hotels managed in the metropolitan Atlanta market to 14. The 174-key DoubleTree by Hilton Atlanta-Roswell is located off Turner McDonald Parkway, within three miles of office parks, dining, and downtown Roswell.
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
Hospitality Net
MARCH 15, 2024
In Chinese culture, the dragon represents strength and good luck, which is fitting as Lunar New Year brought performance growth to China hotels once more during the important holiday period.
Lodging Magazine
MARCH 15, 2024
WASHINGTON—U.S. hotel performance increased from the previous week but declined year over year, according to CoStar’s latest data through March 9, 2024. U.S. Hotel Performance March 3-9, 2024 Percentage change from comparable week in 2023:Occupancy: 63.2 percent (down 2.2 percent)ADR: $156.96 (down 0.6 percent)RevPAR: $99.17 (down 2.8 percent) Among the Top 25 Markets, Minneapolis reported the largest year-over-year increases in each of the three key performance metrics: occupancy (up 25.1
Hospitality Net
MARCH 15, 2024
Did you know that 39% of greenhouse gas emissions on the planet come from buildings? And over half of the materials that go into landfills in the U.S. come from construction? These are just a few of the insights shared by Jon Buerge, Chief Development Officer at Urban Villages, on The NINE dot ARTS Podcast. And Jon isn’t the only leader I’ve spoken with who is increasingly aware of the environmental impacts of real estate development.
Hotel Management Network
MARCH 15, 2024
CampusX, a hotel and student accommodation services provider, has chosen Mews, a cloud-based hospitality platform, to power its portfolio. The post Italy’s CampusX adopts Mews hospitality platform appeared first on Hotel Management Network.
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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.
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