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The restaurant industry has been undergoing some significant changes of late. One of the most prominent is its engagement in the zero-waste movement. Leaders in the sector have noted not just the potential to attract customers who are increasingly making purchasing decisions based on their environmental ethics. It’s also a more fiscally responsible approach to business, reducing overheads caused by unnecessary resource consumption.
Getty Images We’re sorry to report it’s pretty perfect Does the world need another luxury wine fridge? Maybe not. But it also never asked for fabregé eggs, and those are also pretty cool. So when Eater staff caught wind of a new wine fridge collaboration from Rocco (think, the Audi of wine fridge brands) and Las Jaras (the wine company of Joel Burt and comedian Eric Wareheim), we were eager to unpack the specs.
Working at a hotel is a lot of work even when there are only a small number of rooms. Ensuring the happiness of the guests and the cleanliness of the rooms is just the start of everything that needs to happen. It can be frustrating to get everything done, especially when you are trying to juggle all of your staff members and make sure that everything is handled on time and satisfactorily.
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.
The laundry room is a major hub of housekeeping operations, and highly efficient washers and dryers can save labor time and costs, while supporting sustainability initiatives. Founded in Germany in 1899, Miele, Inc. is one of the world’s most venerable manufacturers of commercial laundry equipment, with 125 years of experience in the European market and about 41 years in the U.S. market through Princeton, New Jersey-based Miele USA.
How do hoteliers manage expenses without compromising quality and still ensuring guest satisfaction? Hear from George Jordan , president, Oxford Hotels & Resorts; Ben Campbell , CEO, Hospitality America; Justin Jabara , president, Meyer Jabara Hotels; Barbara Purvis , president, Essex Hotel Management; Ravi Patel , president, Hawkeye Hotels; Ryan Alpert , EVP, sales. commercial strategy, GF Hotels & Resorts; Kerry Ranson , partner/president of operations, Raines; Jagdish Patel , VP, sh
This month, I am using an article authored by Erich Baum, Senior Vice President at HVS. Working at HVS for over 30 years, Erich has performed appraisal and consulting assignments in 47 of the 50 states, as well as Mexico and the Caribbean. Because of his range of experience, Erich focuses on the most complex jobs, including litigation-related assignments and atypical consulting work.
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This month, I am using an article authored by Erich Baum, Senior Vice President at HVS. Working at HVS for over 30 years, Erich has performed appraisal and consulting assignments in 47 of the 50 states, as well as Mexico and the Caribbean. Because of his range of experience, Erich focuses on the most complex jobs, including litigation-related assignments and atypical consulting work.
As 2024 draws to a close, hotel operators and revenue managers have an opportunity to maximize profits by leveraging year-end travel trends. NB: This is an article from Otelier Subscribe to our weekly newsletter and stay up to date Group business can be critical at this time of year, but in 2024 we’re not hosting the types of groups you might expect.
Hyatt announced today the opening of Hyatt Centric Santo Domingo, the first Hyatt Centric branded hotel in the Caribbean. Located within the stylish Ensanche Piantini neighborhood, this new lifestyle property welcomes savvy business and leisure travelers to explore the historical and modern sites in the Dominican Republic’s capital, from high-end shopping to upscale dining and entertainment, as well as the UNESCO World Heritage Site recognized Colonial Zone, renowned for its 16th-century archite
We explore how two general managers interact with their revenue managers and how their different approaches affect their teams and the overall performance of their hotels. NB: This is an article from Demand Calendar Subscribe to our weekly newsletter and stay up to date It’s a story of tradition versus innovation, control versus empowerment, and the significant impact these attitudes have on individuals and organizations.
Career development and advancement for women in the global business travel industry was at the forefront as GBTA WINiT celebrated a decade of commitment to helping women move forward in their careers yesterday at its annual Summit, Awards Ceremony and Gala held at the TWA Hotel at JFK Airport in New York City.
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.
Hoteliers running loyalty programs often use member rates as an incentive to attract more guests. NB: This is an article from Triptease Subscribe to our weekly newsletter and stay up to date However, with Online Travel Agents (OTAs) continuously undercutting hotels across all regions and offering highly popular loyalty schemes of their own, it’s becoming increasingly difficult to compete cost-effectively.
Hyatt Hotels Corporation (NYSE: H) today announced the opening of Hyatt Regency Huangshan Hengjiangwan, a modern getaway set amidst the beautiful Huangshan city in China. Nestled along the serene banks of the Hengjiang Wetland Park, this hotel offers an idyllic retreat for travelers seeking to explore the UNESCO World Heritage site of Huangshan and to immerse themselves in the rich cultural heritage of Huizhou’s mountains, rivers and valleys.
WASHINGTON—The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through October 19, 2024. U.S. Hotel PerformanceOctober 2024Percentage change from comparable week in 2023:Occupancy: 70.1 percent (up 1.6 percent)ADR: $169.85 (up 2.5 percent)RevPAR: $119.01 (up 4.2 percent) Among the Top 25 Markets, Tampa saw the largest occupancy lift (up 23.6 percent to 83.7 percent), due to continued displacement demand from Hurricane Milton.
From exceptional service to distinct design and unparalleled culinary experiences, the all-suite destination presents a world of beauty, wonder, and inspiration.
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.
Accor reported Q3 2024 results. While RevPAR growth is normalizing, the group continues to benefit from its diversification in terms of geography and segment. The group’s two divisions—Premium, Midscale, and Economy (PM&E) and Luxury & Lifestyle (L&L)—both posted good performances. During the third quarter of 2024, Accor opened 47 hotels, representing 8,000 rooms, i.e. net unit growth of 3.2 percent over the last 12 months.
The Brand’s Culture Lives Here Platform Grows with a New Content and Dining Series that Offers Exclusive Access to World-Class Chefs Shaping Culinary Culture.
PHOENIX, Arizona—BWH Hotels, the enterprise comprised of three hotel companies including WorldHotels, Best Western Hotels & Resorts, and SureStay Hotels, hosted its annual convention in Charlotte, North Carolina. With “Accelerate” as this year’s theme, nearly 3,000 attendees, including BWH Hotels’ hoteliers, operators, and partners from around the globe, came together to celebrate accomplishments and set the groundwork for the year ahead and beyond.
BWH Hotels, the leading hospitality enterprise comprised of three hotel companies including WorldHotels™, Best Western® Hotels & Resorts, and SureStay® Hotels, hosted its annual convention this week in Charlotte, North Carolina. With “Accelerate” as this year’s theme, nearly 3,000 attendees, including BWH Hotels’ hoteliers, operators, and partners from around the globe, came together to celebrate one another’s accomplishments and set the groundwork for a successful year ahead and beyond.
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.
WASHINGTON—AHLA Foundation announced the distribution of nearly one million dollars in scholarship funding for students at hospitality programs around the country. The Foundation awarded approximately $944,000 to 369 students who will be attending 88 different colleges and universities. AHLA Foundation awards two types of scholarships: self-nominated, in which students apply directly to compete for one of eight scholarships regardless of where they attend school; and school-nominated, which requ
Hampton by Hilton, in collaboration with Paris Hilton’s 11:11 Media, is adding a pop of pink and a dash of sparkle to its legendary waffle lineup with the Sparkling Strawberry Hampton Waffle by Paris Hilton. Guests can enjoy the new waffle during their stay at more than 2,400 hotels in the U.S. and Canada beginning October 24 and, for the first time ever, purchase the waffle mix with edible glitter online to recreate Hampton’s beloved breakfast experience at home.
London-based Corinthia Hotels has made its debut in North America with the opening of The Surrey, A Corinthia Hotel in New York’s Upper East Side. The 16-story building is owned by Reuben Brothers and had interiors by Martin Brudnizki of MBDS , The Surrey has been completely transformed to encompass 70 guestrooms, 30 suites and 14 private residences.
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.
hihotels by Hospitality International , a recognized leader in franchising conversion and new-build hotels for economy lodging, recently held its Southeast Regional Convention in Spring, TX. The event, part of a series of regional gatherings, brought together franchisees from Texas and surrounding areas. “This was a great opportunity to learn about updates for our brands and interact with the hihotels team and fellow franchisees,” said Sunny Patel, owner, Scottish Inns, Crosby, TX.
Property management systems (PMSs) have been around since the 1970s. Fifty years on, those early pioneers bear little resemblance to today’s cutting-edge PMSs, and now the rate of innovation seems faster than ever.
Can Cera is one of 6 Mallorca properties forming the IT Mallorca Unique Spaces collection, owned by Miguel Conde Moragues, above. This is a guy who thinks longterm. In 2022 he bought La Granja de Esporles, 20 kms from Palma. The main building dates to the 12th century. It’s been a museum since the 1950s and now he’s converting it to an immersive hotel – no front desk, and all inclusive.
They’re coming! The best 2024 Black Friday offers and discounts are landing in your email inbox soon. Chances are you will find one or more offers that will draw your attention and encourage you to make a purchase.
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.
The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through October 19. 13-19 October 2024 (percentage change from comparable week in 2023): Occupancy: 70.1% (+1.6) Average daily rate (ADR): $169.85 (+2.5%) Revenue per available room (RevPAR): $119.01 (+4.2%) Among the top 25 markets, Tampa saw the largest occupancy lift (+23.6% to 83.7%), due to continued displacement demand from Hurricane Milton.
Sustainability is a growing problem in the hotel industry. The hospitality sector alone produces 1% of total global carbon emissions each year, with hotels consuming eight times more resources, like water, than their surrounding local communities.
Hyatt Hotels has announced the opening of Hyatt Centric Santo Domingo, marking the debut of the Hyatt Centric brand in the Caribbean. The post Hyatt Centric debuts in Caribbean with Hyatt Centric Santo Domingo appeared first on Hotel Management Network.
Asia’s leading travel trade show concluded with remarkable success, hosting over 45,000 business appointments, attracting more than 18,500 attendees from 85 countries, and featuring 1,950 exhibitors. Additionally, over 1,400 high-quality buyers contributed to a dynamic business and networking environment. 160 top speakers shaped the future of travel at the ITB Asia Conference.
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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