Modern Restaurant Management

JANUARY 9, 2024

Restaurant owners should work to forecast their busy and slow seasons and use these projections to determine whether they are likely to need capital as they transition into their busy season. This can be especially true going into the holidays. Banks have been reducing exposure to small businesses ever since the pandemic, and now with higher interest rates putting pressure on bank deposits and greater regulatory scrutiny, banks are reducing their loan books even more.

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Pricing Budgeting Marketing Catering 193

MEWS

JANUARY 9, 2024

What can you do with a property credit? Hotels can enhance the guest experience and encourage added spending thanks to on-property credits. It's an excellent way to offer better services to loyalty program members and promote extra services to diverse guests.

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EATER

JANUARY 9, 2024

When a brewhouse from California’s legendary Russian River Brewing Co. went up for sale, London-based brewer Pete Brown knew he must have it. There were only a few continents and oceans in the way.

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MEWS

JANUARY 9, 2024

Mews has been named the Best Property Management System at the 2024 HotelTechAwards. It feels pretty good to type that. Right now, we're experiencing a heady mix of pride and excitement, and we’d love a minute of your time to tell you why.

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Property Management 130

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.

Accounting

Modern Restaurant Management

JANUARY 9, 2024

The foodservice industry is poised for some significant shifts in the new year as a result of changing consumer demand and rising trends being seen across the industry, but that said, there are simple, effective solutions for how operators and restaurants can stay ahead of these shifts. Prioritizing Healthy Living Wellness remains at the forefront of consumer lifestyle trends and continues to have a large impact on how people choose where and why to spend their capital.

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Catering Customer Service Marketing 110

EATER

JANUARY 9, 2024

Alison Roman photo Dave Pedley/Getty Images for SXSW; First Bloom produce photos via Facebook. Photo-illustration by Lille Allen/Eater The latest extension of the food personality’s brand is a curated corner store in Bloomville, New York. But what is she selling, exactly? A three-and-a-half hour drive from Brooklyn, and an hour-and-24-minute drive from Hudson, is Bloomville, New York — a hamlet in the Western Catskills with a population of 173 according to the 2020 census, down from 213 in 2010.

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Pricing Blog Book Accounting 113

STAAH

JANUARY 9, 2024

Booking.com, Agoda and regional OTAs maintain stronghold. Big jump in direct bookings via STAAH SwiftBook, GDS makes a comeback. Global hotel technology giant, STAAH, has revealed the top channels across its network of 19,000+ properties in the Southeast Asian region, including Malaysia, Thailand, Indonesia, Philippines and Singapore. Malaysia Top Channel 2023 Malaysia In Malaysia , Booking.com took over the top spot from Agoda, which slipped to the number two spot.

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Book Business Development 110

Fast Casual

JANUARY 9, 2024

Stephanie Lind, founder of Elohi Marketing Strategies, reveals how consumer concerns over personal health and food waste should impact fast casual brands' menu strategies.

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Marketing 106

Hotel Business

JANUARY 9, 2024

Concord Hospitality has received investments into its operating company from Whitman Peterson and The Aztec Group , two of Concord’s long-term real-estate partners. “Concord Hospitality has had the good fortune of partnering with both Whitman Peterson and The Aztec Group for many years,” said Mark Laport, CEO/president, Concord Hospitality. “Over the course of our longstanding relationships, both partners have been instrumental in molding Concord’s strategic direction.

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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.

Service Management

Hospitality Net

JANUARY 9, 2024

Hilton (NYSE: HLT) today announced LivSmart Studios by Hilton as the official name of its new studio apartment-style, extended-stay hotel brand. Created for the long-stay guest who never stopped traveling, even throughout the pandemic, LivSmart Studios has received tremendous interest from owners and developers in just six months and currently boasts more than 350 deals in various stages of negotiation.

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7 Shifts

JANUARY 9, 2024

New Jersey generally follows federal tip law standards, but the state does forge its own path in some key areas. The consequences for failing to meet these standards can be stiff: one prominent restaurant owner failed to pay more than $715k in payroll taxes and ended up pleading guilty on two counts, both of which could have landed the restaurateur in jail and came with a five-figure fine.

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Server Definition Accounting Marketing 88

Revenue Hub

JANUARY 9, 2024

The buzzword of the year is AI. According to Trootech, the present AI market stand October 2023 is worth over 300 billion EUR, and AI has become the number one priority for 83% of businesses around the globe. NB: This is an article from berner+becker , one of our Expert Partners Revenue management has always been a critical aspect of the hospitality and travel industry, it involves optimizing pricing and distribution strategies to maximize revenue, considering various factors such as demand, com

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Pricing Article Definition Catering 99

Hospitality Net

JANUARY 9, 2024

The Ascott Limited (Ascott), a lodging business unit wholly owned by CapitaLand Investment (CLI) and CapitaLand Wellness Fund (C-WELL), have jointly acquired a freehold lodging property in Singapore. Ascott and C-WELL each holds a 50% stake in the lodging property.

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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.

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Revenue Hub

JANUARY 9, 2024

In the world of hotel revenue management, change is the only constant. NB: This is an article from Topline Revenue , one of our Expert Partners What worked yesterday may not work today, and what you’re doing today might not work tomorrow. It’s time to face the cold, hard truth: Traditional revenue management is outdated. Subscribe to our weekly newsletter and stay up to date A New Era Demands New Strategies As hoteliers and revenue managers, you’ve witnessed the landscape evolve dramatically ove

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Pricing Article Marketing Book 99

Hotel Owner

JANUARY 9, 2024

The director of marketing communications at Pan Pacific London, Michelle Whittemore, has joined Eastern City Business Improvement District (EC BID) as a non-executive board member. In her role, Whittemore will work alongside the BID’s executive team to help facilitate the strategic decision-making process. Regarding the appointment, she said: “I am incredibly excited to be joining the EC BID board.

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Hospitality Net

JANUARY 9, 2024

Building on the success of the brand in the region, the 110-key new-build hotel will open its doors in 2024, offering a world-class hospitality experience to guests visiting the city.

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Hotel Owner

JANUARY 9, 2024

In November 2023, UK hotels recorded a 76.8% occupancy rate and an average daily rate of £146.76, surpassing 2022 figures but declining from October’s 79.2% occupancy and £150.70 ADR. London experienced a drop from 81.9% to 80.8% occupancy and £228.04 to £223.87 ADR. Nationally, revenue per available room (REVPAR) decreased from £119.25 to £112.77, while London saw a decline from £186.73 to £180.81.

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Marketing 98

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.

Presentation

Hospitality Net

JANUARY 9, 2024

(SAN DIEGO) January 9, 2024 — For the sixth consecutive year, Cloudbeds has been recognized as one of the industry’s top technology providers by Hotel Tech Report, solidifying its legacy as a leading platform powering more reservations and happier guests for lodging businesses worldwide. The 2024 HotelTechAwards honors Cloudbeds with 5 total awards: Best Hotel Management Software, Property Management System Finalist, Channel Manager Finalist, Top 10 People’s Choice, and Overall 10 Best Places to

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Reservations Property Management 96

Hotel Owner

JANUARY 9, 2024

Hotels in the UK saw occupancy rates of 76.8% and average daily rates (ADR) £146.76 in November 2023, outperforming the same period in 2022 according to data from Hotstats and RSM. Despite this, both categories declined compared with October where occupancy rates were at 79.2% and ADR was at £150.70. In London, occupancy fell from 81.9% to 80.8% while the ADR of occupied rooms fell from £228.04 to £223.87.

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Budgeting 97

SAS

JANUARY 9, 2024

Where can you meet an iconic Silicon Valley reporter, a best-selling business book author, an experienced AI policy executive, a chief decision scientist from Google and a YouTube hot sauce sensation? All in one place? At our upcoming SAS Innovate event in Las Vegas, of course. SAS Innovate is the [.

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Hotel Owner

JANUARY 9, 2024

Bespoke Hotels, a collection of almost 90 independent hotels across the length of the British Isles, has unveiled its plans to strengthen its existing portfolio with a series of development projects over the next 12 months. With a pipeline of openings and refurbishments set to take place, the company has confirmed the following plans: ● The opening of Bailiffgate Hotel in Alnwick in summer 2024. ● Full takeover of Lumley Castle Hotel, County Durham, which includes a soft refurbishment in the com

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Events Marketing 97

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

Pricing

Hospitality Net

JANUARY 9, 2024

There’s been a lot of buzz over the past few years about the explosion of big data. And that explosion has created a new world of data-driven hospitality, where the convergence of hotel marketer data, analytics, and guest expectations for personalized communications and service are redefining the way hotels connect with their guests. Read on to discover five pivotal reasons why data is now the heartbeat of modern hotels.

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Hotel Owner

JANUARY 9, 2024

Dabton House, the new luxury hotel in Dumfries and Galloway, is celebrating a “successful” four months since its opening. Having hosted its first wedding in August 2023, Dabton House welcomed a number of family groups, sporting parties and corporate retreats in the coming months. The venue has attributed its early success to the South of Scotland’s status as an emerging “must-visit” location, having received recognition as one of Lonely Planet’s ‘Best in Travel destinations for 2023’ and Rough

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Presentation 96

Hospitality Net

JANUARY 9, 2024

The SureStay by Best Western San Francisco Marina District has opened its doors in San Francisco California, and invites travelers to experience one of the newest hotel brands in the industry - SureStay® Hotels, comprised of four distinctive brands offering traditional and longer stay travelers’ comfort and value while away from home.

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Hotel Owner

JANUARY 9, 2024

Driftwood Hotel, a clifftop hotel in Cornwall, has been brought to market for an undisclosed sum. The New-England inspired hotel features 14 rooms, a restaurant and a three-bedroom owner’s house, along with landscaped gardens and grounds of around five acres that lead down to a private beach. The site is perched along the South West Coastal Path and provides sea views over Gerrans Bay and the hotel’s private beach.

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Marketing 94

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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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