Fri.Sep 27, 2024

article thumbnail

HB Exclusive: Greysteel arranges $19.4M refi

Hotel Business

Greysteel , a national commercial real estate investment services firm, arranged the $19.4 million refinancing of a dual-branded Home2 Suites by Hilton Brunswick and Hilton Garden Inn Brunswick in Brunswick, GA. The 175-key hospitality property, originally constructed in 2019, is located off Interstate 95, near the Port of Brunswick and the city’s downtown area.

Marketing 100
article thumbnail

Hotel No-Shows: What Is It and Key Reduction Strategies

Revenue Hub

So, what exactly is a no-show? It’s when a guest books a room but simply doesn’t turn up without canceling. It’s like planning a dinner party and half your guests don’t show up – frustrating, right? NB: This is an article from eZee Absolute Subscribe to our weekly newsletter and stay up to date Imagine this happening every day, and you’ll start to see why it’s a big deal for hotels.

Book 96
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The UN Pact For The Future – And Its Impact On The Hospitality Sector

Hospitality Net

The UN just introduced its Pact for the Future, and we examine [with the help of ai] its potential impact on the hospitality sector, primarily through its focus on sustainable development, climate action, technological innovation, and social inclusivity.

93
article thumbnail

‘The Substance’ Is One of the Best Food Movies in Years

EATER

Courtesy of MUBI In this satirical body horror film starring Demi Moore, each meal — along with the very act of cooking — becomes an expression of violence Not long after Elisabeth Sparkle’s 50th birthday, her boss, a boor named Harvey, delivers some bad news to her over a plate of shrimp: He’s giving her the pink slip. An Oscar-winning actress, Elisabeth (Demi Moore) has spent the second chapter of her career hosting a morning aerobics show.

article thumbnail

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.

article thumbnail

How Innovative Business Models in Gastronomy lead to social impact

Hospitality Net

The gastronomic industry is undergoing a revolution, as entrepreneurs redefine how food businesses operate by intertwining culinary art with social impact. Instead of merely serving delicious meals, pioneers like The Melting Pot Foundation, Thought for Food, and Comida para Todos have transformed restaurants and food systems into platforms for community empowerment, social responsibility, and innovation.

91

More Trending

article thumbnail

Second Gentleman Doug Emhoff Goes to Whataburger With Beto O’Rourke in Texas

EATER

Second Gentleman Doug Emhoff ordered Whataburger burgers with Beto O’Rourke during a Texas campaign in Austin for Vice President Kamala Harris’s 2024 presidential campaign.

90
article thumbnail

Yes, every RM has a number!!! What’s yours?

Hospitality Net

Everyone’s got a type, right? Whether it’s your favorite flavor of ice cream, your go-to book genre, or. favorite number! You got one? One that makes you smile, cringe.maybe you are even the one that add them to figure out their numerology.

Book 83
article thumbnail

White Sox Fans Came for the Losses, Stayed for the Milkshakes

EATER

The milkshake, sold at Guaranteed Rate Field, became something for fans, media, and players to latch onto as the team marched toward the record for most losses by a Major League Baseball team.

86
article thumbnail

Today’s news in brief – 27/9/24

Hotel Owner

Sam Nazarian, founder of Sbe, has announced the launch of a new wellness-focused hotel brand, The Estate Hotels and Residences , partnering with Tony Robbins, Marc Anthony, and Richard Attias. The project aims to create the world’s largest network of longevity-focused resorts and residences. By 2030, 15 hotels and 10 urban longevity centres will be built globally, starting with four sites in 2026.

Pricing 82
article thumbnail

Grow Big, Pay Smart: How To Unlock Efficiency In Payroll Management

Speaker: Joe Sharpe and James Carlson

Running a small business is no small feat. Payroll management, in particular, can be one of the most time-consuming and complex parts of that equation. Yet, businesses that crack the code on streamlining these processes often discover not just savings, but new avenues for growth. Our expert speakers will share actionable insights and real-world examples of how businesses have reduced overhead and improved payroll efficiency.

article thumbnail

Gran Meliá Nha Trang – Renamed As Villa Le Corail – Unveils Exclusive Gran Ocean Villa Collection

Hospitality Net

Villa Le Corail, A Gran Meliá Hotel is the first resort in Southeast Asia under Gran Meliá Hotels & Resorts, the most luxurious brand by Meliá Hotels International. This haven of luxury represents the best of Spanish sophistication and heartfelt Vietnamese hospitality. Ever since it opened its doors in summer 2023, this seafront sanctuary at Fairy Mountain Bay has delighted guests with its lavish seaside villas, world-class services including its "Exceptional Experiences" and Michelin-pedigree r

81
article thumbnail

Bespoke Hotels acquires four new properties

Hotel Owner

Bespoke Hotels has announced the acquisition of four properties from the Coast and Country Hotel Collection. These hotels are the Caledonian Hotel in Fort William, the Great Western Hotel in Oban, The Pitlochry Hydro Hotel, and the Marine Hotel in Llandudno. Bespoke stated that each hotel boasts a “distinctive charm” and prime location, strengthening its presence in key tourist destinations.

article thumbnail

Making a Case for Investing in Your Hotel Reservation Sales Team

Revenue Hub

Independent hotels often face unique challenges. Chief among them is distribution. Without the brand recognition and resources of larger chains, independent hotels must find creative and effective ways to not only attract and retain guests, but to convert these guests from “lookers to bookers”. NB: This is an article from TCRM Subscribe to our weekly newsletter and stay up to date One of the most overlooked yet crucial aspects of this distribution strategy is the performance of the in-house rese

article thumbnail

In Argentina, the Tart, Bracing Cynar Julep Was Bound to Be a Classic

EATER

The combination of mint, lemon, grapefruit and artichoke amaro, served tall, is a time stamp of the country’s cocktail—and sociopolitical—history.

86
article thumbnail

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

article thumbnail

IHG Leads Business Travel Decarbonization Discussion at Climate Week NYC

Hospitality Net

IHG Hotels & Resorts and the GBTA Foundation, the charitable arm of the Global Business Travel Association (GBTA), brought together some of travel’s biggest sustainability leaders yesterday during 2024 Climate Week NYC to spark dialogue about the decarbonization of business travel. In collaboration with co-hosts IDEO, Accenture, American Express Global Business Travel, Delta Air Lines and Hertz, the event challenged attendees to explore tensions and collaborative approaches inherent in balancing

Events 76
article thumbnail

Experienced hotel operator snaps up The Chequers in Berkshire

Hotel Owner

The Chequers Hotel in Newbury, Berkshire, has been sold to MZaman Holdings Group, who add the property to its existing portfolio of nine UK hotels. While the hotel has been sold for an undisclosed sum, the transaction was completed off a guide price of £2.65m. Originally built in the late 18th Century, with later additions in the mid-19th Century, The Chequers Hotel is located close to the centre of Newbury town centre and features 56 bedrooms, a bar and restaurant, and an external rear terrace

Pricing 75
article thumbnail

World’s first 3D-printed hotel takes shape in Texas

Hospitality Net

El Cosmico, a hotel and campground in Marfa, Texas, is expanding with the world’s first 3D-printed hotel, using cutting-edge technology from Austin-based ICON and Bjarke Ingels Group. The project includes 43 new hotel units and 18 residential homes, all built using ICON’s massive Vulcan 3D printer, which extrudes a special cement-based material called Lavacrete.

70
article thumbnail

Club Quarters unveils extensive refurb of two London hotels

Hotel Owner

Club Quarters, the hotel brand and management company, has unveiled the extensive renovations of Club Quarters, St. Paul’s and Club Quarters, London City. Club Quarters has integrated its core brand pillars of “service, design, and experience” into every aspect of these renovations. Both of these hotels have been reimagined through a total of 468 modernised guest rooms, updated public spaces, and a Club Lounge.

71
article thumbnail

Business Automation in Hospitality: A New World

Dive into the transformative potential of business automation within the hospitality sector. This comprehensive overview showcases how innovative technologies can streamline operations, reduce costs, and elevate guest satisfaction. Discover the advantages of integrating systems like automated check-ins, CRM, and energy management to not only save on expenses but also to provide a seamless and personalized guest experience.

article thumbnail

AI in Hospitality: The Future is Now, Not "If," but "When"

Hospitality Net

The hospitality industry, like many others, stands at the threshold of a significant transformation. Artificial Intelligence (AI) is no longer a futuristic concept; it’s becoming a reality that hotels must embrace to stay competitive.

65
article thumbnail

Sbe to launch new wellness hotel brand

Hotel Owner

US hospitality firm Sbe has announced that its founder Sam Nazarian will launch a new wellness hotel brand called The Estate Hotels and Residences. Nazarian will partner with businessman Tony Robbins, global musician Marc Anthony and international strategist Richard Attias to launch the world’s “biggest network” of longevity-focused resorts and residential projects, driven by a commitment to functional and preventive medicine.

article thumbnail

Counting the Cost: How Much Are Guests Willing to Pay for Contactless Hotel Services?

Hospitality Net

“Contactless service is being widely adopted by the hotel industry”, explain the researchers, “to provide the safest possible experience while maintaining good service quality”. By deploying contactless technologies at every stage of the customer journey, hotels can remove the need for physical contact from all major hospitality service encounters.

60
article thumbnail

Cycas expands senior operational team

Hotel Owner

Cycas Hospitality, the European hotel management company, has announced key appointments within the organisation’s eight-strong Senior Operational leadership team, led by COOs Keith Griffiths and Julia Harnischfeger. Martin Coombes joins Cycas Hospitality as VP of Operations for the UK, Ireland and the Netherlands, overseeing the operational performance of the company’s growing portfolio across the regions, ensuring that all properties continue to deliver the company’s industry-leading reputatio

article thumbnail

Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

article thumbnail

Texas to welcome world’s first 3D-printed hotel

Hotel Management Network

A 3D-printed hotel project, said to be a world-first, is taking shape in Marfa, a city in the US state of Texas. The post Texas to welcome world’s first 3D-printed hotel appeared first on Hotel Management Network.

59
article thumbnail

UK hotels welcome occupancy boost in August amid Taylor Swift tour

Hotel Owner

The UK hotel industry has welcomed a strong end to the summer, with occupancy and average daily room rates up in August against last year, partly buoyed by the Taylor Swift Eras tour. According to the latest RSM Hotels Tracker, occupancy in UK hotels rose from 78.9% to 81.3% in August year-on-year, albeit still slightly behind pre-pandemic levels of 83.3%.

63
article thumbnail

IHG signs franchise deal for first Garner hotel in Türkiye

Hotel Management Network

IHG Hotels & Resorts has entered a franchise agreement with FRT Turizm, supported by AB Consulting's Ahmet Bilgin, to develop its first Garner hotel in Türkiye. The post IHG signs franchise deal for first Garner hotel in Türkiye appeared first on Hotel Management Network.

59
article thumbnail

Journey to net zero: Challenges and solutions in hotel sustainability

EHL Insights

‘Net-zero hotels’ are something no one had heard of ten years ago, but now an increasing number are redirecting their efforts to reduce their carbon footprint and achieve this gold standard in hospitality sustainability. While this is an encouraging step - you might call it a breath of fresh air - the wider environmental challenges facing the hotel sector remain stark.

59
article thumbnail

Top 5 Ways to Optimize Your Loyalty Strategy

Speaker: Lauren Barash, Vice President, Brand Marketing

In an ever-evolving industry, building and retaining loyal customers is critical to the success of any restaurant business. Join Lauren Barash, VP of Brand Marketing at Full Course, as she delves into the world of restaurant loyalty programs, and reveals the top five essential strategies to optimize your approach! This webinar will explore: Loyalty trends and what you should be focusing on 📊 Actionable insights and ideas to help you develop the most powerful and effective loyalty program