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Optimizing length of stay (LOS) as a primary KPI not only boosts immediate revenues but also builds a loyal guest base, ensuring long-term business success.
The 100 per cent gluten-free Mexican eatery Hotel Nacional has swung open its doors on Hardware Lane in the Melbourne CBD. The five-level rooftop bar and restaurant is located in the former Campari House space and is the work of the operators behind Earlwood’s Repeat Offender and St Kilda’s Rufio. “We wanted to create a venue unlike anything else in the city.
IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, today celebrates its exceptional luxury and lifestyle growth in Mexico, Latin America and the Caribbean (MLAC). Already one of the largest luxury and lifestyle portfolios in the world, this expansion underscores IHG’s strategic focus, significant investment, and ambitious growth plans in the region for this important segment.
I’m an avid thrifter. I’ve visited almost every thrift store in my town — more than once. At checkout, I’m often handed a punch card alongside my receipt. We’re all familiar with punch cards; spend $100, get $10 free! But we’re also all familiar with the concept of forgetfulness. By the time I’ve purchased enough to get me to the $100 threshold (which for me, doesn’t take long), the long-forgotten punch card has already made its way to a trash can
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.
Hyatt Hotels Corporation highlighted today that its pipeline has grown by nearly 85 percent since 2017, reaching a record 129,000 rooms. This significant growth highlights the strong preference of hotel owners and the strength of the Hyatt brand. Hyatt’s commitment to creating the preferred portfolio for high-end guests has resulted in doubling luxury rooms, tripling resort rooms, and quintupling lifestyle rooms since 2017.
Home-style dishes at Phayawi. | Phayawi Chuleton steak on a buzzy parrilla, tasting menus at Noma co-founder Claus Meyer’s famed restaurant, beef skewers and stuffed fried potatoes at quintessential street vendors, and more of La Paz’s best meals La Paz is firing on all cylinders. The Bolivian capital, which sits pretty at 12,000 feet above sea level, lays out a spread of street foods like rellenos de papas (meat-stuffed fried potato balls) and jawitas (cheese-stuffed pastries sprinkled with spi
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Home-style dishes at Phayawi. | Phayawi Chuleton steak on a buzzy parrilla, tasting menus at Noma co-founder Claus Meyer’s famed restaurant, beef skewers and stuffed fried potatoes at quintessential street vendors, and more of La Paz’s best meals La Paz is firing on all cylinders. The Bolivian capital, which sits pretty at 12,000 feet above sea level, lays out a spread of street foods like rellenos de papas (meat-stuffed fried potato balls) and jawitas (cheese-stuffed pastries sprinkled with spi
Singapore-based hospitality company, Furama Hotels International (FHI) is poised to debut its eponymous hotel brand in Australia this winter, announcing the arrival of the Furama Darling Harbour in Sydney on 1 July 2024.
It’s weird, but it works. | Taco Bell The chain’s latest menu gimmicks are improbably good After a decade or so of writing about food, I am relatively immune to a fast-food gimmick. I no longer trust that a chain’s decision to make a sandwich that uses fried chicken instead of buns, a la the KFC Double Down , is actually going to be good. The key exception to this rule is Taco Bell, a chain that always seems to stick the landing when it comes to an absurd culinary mash-up.
Samana Developers, a leading real estate developer in Dubai, has partnered with Oracle to commence digital transformation. The partnership will enable the developer to leverage Oracle's cutting-edge digital solutions, offering improved operational efficiency, enhanced decision-making, and integrated business processes. Oracle will digitize the existing technology setup to modernize into an innovative PropTech corporation.
Potts Point in Sydney’s inner-east is set to welcome new Italian restaurant and bar Hamilton on 11 June. The new venue is the work of restauranteur Hamilton Kings, who is also behind Honkas Bar + Eats, Pizza Autentico, Chilterns Catering, and Bondi Social. Hamilton will open in the former Honkas Bar + Eats space on Roslyn Street which has undergone renovations for the new opening.
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.
Imagine interviewing a perfectly qualified candidate for a hard-to-fill hospitality position at your company. Now imagine they ask, “Why should I want to work for your company?”. Would you be able to provide a compelling answer? While not many candidates would be bold enough to ask that question, companies trying to attract the best talent should make the answer obvious to any candidate who applies.
Sesh Mafia has expanded its footprint in Perth’s CBD with the launch of a new eatery. Papi Katsu is now open on St Georges Terrace in Brookfield Place with a swish dining room that has space for 120 guests. The restaurant has also been fitted out with three 20-pax private dining spaces and an omakase counter, which is set to launch in the coming months.
Lille Allen In Vertamae Smart-Grosvenor’s 1970 classic, liberation went hand in hand with intuition There are a lot of terms for thoughtful cooking: “intuition,” “Old World,” “cooking with love.” Vertamae Smart-Grosvenor’s was the best. She called it “vibration cooking.” This was also the title of her first cookbook, published in 1970, and she describes vibration cooking in the book’s second, very often quoted paragraph: “And when I cook, I never measure or weigh anything.
Lovage or Levisticum officinale is part of the Apiaceae family which also includes carrot, celery, coriander, and dill. The perennial herb is believed to have originated in the Middle East before spreading across South-East Asia, North and South America, and Europe. Today, it is widely cultivated across the world for its edible leaves, roots, and seeds.
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.
STAAH bridges its growing base of 20,000+ customers to travelers across Asia, thanks to the company’s latest partnership and integration with Klook, Asia’s leading platform for experiences and travel services. Asia’s travel recovery is back on track, with the travel market expected to grow over 5% resulting in a market volume projection of US$402 billion by 2028, a majority of which will be hotel transactions.
On national holidays, the combination of pineapple ice cream, pipeño and a variety of liqueurs is served by the pitcher, glass or as the diminutive Réplica (“Aftershock”).
Industries must adapt and innovate to stay competitive in an ever-evolving digital landscape. The food service sector is no exception. We sat down with Aris Gysel, a key figure in McDonald’s Switzerland, to discuss his experience steering the digital transformation of McDonald’s restaurants. In this interview, Aris shares his insights on digital ordering systems, the challenges of implementation, and the impact on customer experience and staff roles.
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.
Distant Relatives serves up Central Texas BBQ inspired by the African diaspora Distant Relatives, “the grand, illustrious, smallest barbecue trailer” in Austin, Texas, serves up Central Texas barbecue inspired by the African diaspora with dishes such as black-eyed peas and barbecue jumbled rice. “I’m African American, so a lot of what we do here is inspired by familial dishes,” says pitmaster and owner Damien Brockway.
Convening at the Marriott Marquis in New York City, the 46th Annual NYU International Hospitality Industry Investment Conference is themed “Driving Alpha” to express a positive outlook on the hospitality industry, tempered by recognizing ongoing challenges. In his opening remarks today, Jonathan Tisch, CEO of Loews Hotels, noted, “We face challenges like everybody else, pressure on the bottom line, inflation, worker shortages, expenses, rising taxes—all come together in the hotel industry. … But
Hyatt Hotels Corporation has revealed that its pipeline has grown by nearly 85% since 2017, reaching a record 129,000 rooms. The company said it has doubled its luxury rooms, tripled its resort rooms and quintupled its lifestyle rooms since 2017. “Hyatt’s ability to lead the industry in net rooms growth for seven years is a result of our unique approach to development,” said Mark Hoplamazian, president/CEO, Hyatt. “We strategically expand our portfolio of brands, intentionally select
MCLEAN, Virginia—With nearly 350 existing lifestyle hotels and another 350 expected to join the portfolio by 2028, Hilton is set to double its presence in the lifestyle category in the next four years. The recent addition of Graduate Hotels and NoMad to Hilton’s portfolio, coupled with increasing guest and owner demand, has positioned the company to accelerate lifestyle category growth.
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.
RIU Hotels & Resorts returns to Mauritius with a bang with two new hotels in the foothills of the famous Le Morne Brabant. Riu Palace Mauritius is the first RIU Palace hotel opening in this destination. It is a four-star superior Adults Only hotel with the new and exclusive Elite Club service. The four-star Riu Turquoise, in turn, is a hotel ideal for a family holiday thanks to its wide variety of services and dining options.
With nearly 350 existing lifestyle hotels and another 350 expected to join the portfolio by 2028, Hilton is set to double its presence in the fast-growing lifestyle category in the next four years. The company has appointed Kevin Osterhaus as president, global lifestyle brands to steward the growth, design and development of the Canopy by Hilton, Curio Collection by Hilton, Graduate by Hilton, Motto by Hilton, Tapestry Collection by Hilton and Tempo by Hilton brands.
Radisson Hotel Group is delighted to announce its debut in Sardinia with the opening of Veridia Resort Sardinia, a member of Radisson Individuals. Situated in the picturesque Chia region of Southern Sardinia, less than an hour from Cagliari, the resort is set to transform premium travel in the area with its blend of natural beauty and sophisticated elegance.
Hospitality industry leader Richard Holtzman has joined The Athens Group (Athens Group), a full-service real estate development company specializing in the creation of luxury resorts and urban hotels, branded and non-branded luxury residences, home sites and communities, as well as golf courses, spas and related recreational amenities. With over four decades of experience and leadership, Holtzman will serve as a principal and vice president of hospitality.
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.
Accor, a world-leading hospitality group, today announces the upcoming opening of Mercure Sofia, the first hotel under the midscale brand in Bulgaria. Expected to open in the autumn of 2024, the new hotel will be located in Manastirski Livadi one of the most sought-after areas of the capital. The hotel boasts convenient access to various landmarks and attractions in the city, offering guests the opportunity to discover Bulgarian culture.
Premier Inn is seeking an additional 30% more rooms in Ireland as it responds to high demand and an undersupply of branded hotel rooms The company has revised its medium-term growth target to 5,000 bedrooms in Ireland and has released an updated list of target locations where it wishes to operate a hotel across the country. These include additional sites across Dublin City Centre, five new locations in Outer Dublin as well as eleven towns and cities across Ireland.
Hyatt Hotels Corporation (NYSE:H) announced the opening of Park Hyatt Changsha, marking the debut of the Park Hyatt brand in the heart of central China’s Hunan capital. A part of Changsha’s prestigious International Finance Square (IFS), the hotel occupies the uppermost floors of the 1,000-foot-tall Tower Two skyscraper, the capital’s tallest building.
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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