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Restaurant industry challenges are pushing operators to be more creative and efficient with many opting for more multifunctional spaces – especially in a fast-casual setting. To learn how these layouts can help maxmize efficiency while still providing optimal guest experience, Modern Restaurant Management (MRM) magazine received insights from Aleksandra Kaplan, partner at Swan Dive Design Studio.
RIU Hotels & Resorts has partnered with Upgrade to offer Flex Pay, giving travelers the ability to spread the cost of their vacation over time. Were excited to offer this new flexible payment option to our U.S. users on our website, said Juan Campins, VP, digital channels, RIU Hotels & Resorts. With Flex Pay were able to help travelers pay for their stay on their own timeline, making our offerings accessible to more people.
Grupo Mirgor and Spanish hotel company Meli Hotels International have announced their alliance to develop a five-star hotel project in the city of Ushuaia, which will operate under the Gran Meli luxury brand. The initiative is part of the diversification strategy of the Argentinean company Mirgor and its commitment to the expansion of the productive matrix of Tierra del Fuego, and furthermore, it is aligned with the strategic commitment of Meli Hotels International to promote the most qualitativ
WASHINGTONThe U.S. hotel industry reported positive year-over-year performance comparisons, according to CoStars latest data through Dec. 21, 2024. Growth was elevated due to the Hannukah calendar shift and the compressed business travel period between Thanksgiving and Christmas. As expected, actual levels were significantly lower than the prior week because of the seasonal slowdown.
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.
Ah, the thrill of hotel marketing! It’s hosting a never-ending partyplenty of coffee, a dash of hustle, and the occasional surprise guest who keeps you on your toes. As we march into 2025, you as a hotelier and accommodation owner have a unique opportunity to refresh your marketing strategies and win over a new generation of travelers. So, lets roll up our sleeves and dive into the marketing techniques that will make your hotel the talk of the town in 2025.
A 150-unit, five-floor, all-suites property in Parsippany, New Jersey, has been converted by NewcrestImage and is operating under the Homewood Suites by Hilton brand. The company acquired the hotel in June 2022 under the Sonesta ES Suites brand. We dont just see properties as they are but rather as what they can be, said Mehul Patel, managing partner and CEO of NewcrestImage.
MIAMI, FloridaDriftwood Capital has secured $62.5 million in total refinancing for the Wylie Hotel Atlanta and Sheraton Pittsburgh Hotel at Station Square, two full-service hospitality assets in the central business districts of Atlanta, Georgia, and Pittsburgh, Pennsylvania. Funds managed by affiliates of Fortress Investment Group have provided a 36-month, $28.5 million loan at a competitive interest rate to refinance the Wylie Hotel Atlanta.
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MIAMI, FloridaDriftwood Capital has secured $62.5 million in total refinancing for the Wylie Hotel Atlanta and Sheraton Pittsburgh Hotel at Station Square, two full-service hospitality assets in the central business districts of Atlanta, Georgia, and Pittsburgh, Pennsylvania. Funds managed by affiliates of Fortress Investment Group have provided a 36-month, $28.5 million loan at a competitive interest rate to refinance the Wylie Hotel Atlanta.
Mike Stasko, the president of Sunny Street Cafe discusses how the restaurant franchise is navigating the challenges of rising egg prices while maintaining its commitment to quality and customer value.
Shangri-La Group ("Shangri-La" or "the Group") is proud to announce that Shangri-La Phnom Penh, a highly anticipated new waterfront landmark has opened its doors on 28 December 2024, marking its debut in Cambodia. The opening of this exquisite property heralds will enable both local and international travellers to experience Shangri-Las signature Asian hospitality in the heart of the nations capital.
Sonesta International Hotels Corporation has opened the Sonesta Essential Ames, a 75-room, upper-midscale hotel in Ames, IA. The hotel is near US-30 and convenient to Iowa State University, many national companies, Jack Trice Stadium and James H. Andrew Railroad Museum. The Sonesta Essential Hotels brand is proud to grow its presence with the opening of Sonesta Essential Ames, said Keith Pierce, EVP/president, franchise and development, Sonesta.
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.
As the hotel sector moves into the mainstream as an asset class, many investors are entering it for the first time. It is important to offer advice tailored not to the sector, but to the hotel segment they are investing into.
Transitioning from the structured environment of the Royal Engineers to the dynamic hospitality industry might seem like a leap across disciplines, but for Lee Pickersgill, Energy Manager at Valor Hospitality, it was a natural evolution of his skills. Over a career spanning nearly three decades in the military, Pickersgill honed a unique blend of technical expertise, leadership, and adaptabilityqualities he now leverages to revolutionise energy usage across Valors portfolio of hotels.
Introduction to Omnichannel Transactions In today’s retail landscape, providing a seamless customer experience across multiple channelssuch as in-store, online, and mobileis paramount. This approach, omnichannel retailing, ensures that a consumer’s shopping journey is smooth and uninterrupted regardless of the channel used. To achieve this, businesses rely heavily on efficient payment platforms that support transactions across these various points of engagement.
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.
97% of consumers look at online reviews before making purchase decisions. Thats a lot of eyes on your reviews, and crucially, your restaurant's responses! Let's talk about why and how you should respond to keep and gain the most customers.
Running a pizzeria isnt just about serving great food; its about managing a complex operation where every second counts. So why stick to an analog cash register or a generic POS system that can’t keep up? With a specialized POS system tailored for pizza shops, you get more than just order processing. You get a specialized POS system that does everything an average POS system does, from processing orders to handling inventory, ultimately creating a smoother workflow.
97% of consumers look at online reviews before making purchase decisions. Thats a lot of eyes on your reviews, and crucially, your restaurant's responses! Let's talk about why and how you should respond to keep and gain the most customers.
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.
Ever wondered how a simple slip of paper could make or break your restaurants operations? When it comes to the restaurant business, providing exceptional dining experiences requires accuracy and efficiency. One of the most essential tools for achieving these goals is the Kitchen Order Ticket, commonly known as KOT. Whether in a small caf or a high-end restaurant, KOTs ensure that the customers order is accurately communicated to the kitchen, minimizing errors and maximizing efficiency.
New Year, New YouWith Treatments, Hiit Workouts, Non-Alcoholic Cocktail Flights, Mixology Masterclasses and Mocktail Flights On Offer Situated in the heart of Londons dynamic Bankside neighbourhood, Hilton London Bankside is embracing urban wellness with a month of offerings that give guests the chance to try something new in 2025. Initiatives include free weekly HIIT exercise classes, relaxation treatments by Renew at Hilton London Bankside, alongside non-alcoholic mixology masterclasses and a
Ever had to explain to a unhappy customer why their order took so long? Or worse, why their favorite dish is out of stock? These situations can tarnish your reputation, and lets be honest, theyre completely avoidable. This is where understanding the advantages of a POS system in restaurants becomes crucial. What if you could automate time-consuming tasks, speed up operations, and even boost customer loyalty, all with one system?
Across the distinctive destinations of Capella Hotel Group, the Year of the Snake heralds a season of meaningful reunions and cultural discovery from 28 January to 12 February 2025. Discover an auspicious stay atPatina Maldives, Fari Islands, and all destinations acrossCapella Hotels and Resorts, twice-winner of Worlds Best Hotel Brand by Travel + Leisure.From intimate family gatherings to immersive artistic pursuits,Capella Moments specially curated experiences for the occasion that are complim
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.
Low Wood Bay Resort and Spa in the North West has completed a 457,000 expansion , enhancing its luxury offerings and creating 10 new jobs. The spa now features an outdoor Upper Deck with an 18-meter infinity pool, private seating, fire pits, and views of Windermere, designed with Mason Gillibrand Architects and Unique Pool Design. The investment aims to elevate the guest experience, now supported by a 45-member team.
Hospitality company Indian Hotels Company (IHCL) has revealed plans for a new resort in Gwalior, Madhya Pradesh, under its Gateway brand. The post IHCL to open new Gateway resort in Gwalior, India appeared first on Hotel Management Network.
Low Wood Bay Resort and Spa in the North West has completed a 457,000 expansion project to upgrade its facilities and enhance its luxury offer. The resort, which recently became the first in the region to attain the Good Spa Guides highest Five Bubble Luxury rating, has expanded its spa with the addition of industry leading outdoor amenities, plus the creation of 10 new jobs.
The THA has reported a positive tourism outlook for Pattaya, Chonburi, forecasting hotel occupancy rate of 80-85% during the high season. The post THA forecasts hotel occupancy in Pattaya, Thailand to be 80%-85% appeared first on Hotel Management Network.
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.
IoH Midlands treasurer and former head of Professional Development at the IoH, Alistair Sandall FIH, has been appointed the new executive secretary of the Master Innholders. Sandall succeeds Wallace Vincent MBA FIH, who retires after a distinguished tenure of eight years in the role. He brings a wide range of experience in hospitality, having worked across the industry both in the UK and abroad.
Major global elections, volatile financial markets, extreme weather events, and sophisticated and costly cyberattacks are increasing operational risks across every industry. Generative AI (GenAI) is redefining how industries navigate this uncertainty and transforming potential risks into powerful opportunities. Organizations across industries are increasingly invested in GenAI for instance, last [.
Travelodge, the budget hotel brand which operates over 600 hotels across the UK, Ireland and Spain, has continued its Spanish expansion with the completed acquisition of a hotel in Barcelona – the 6th and final hotel acquired as part of the previously reported deal agreed with Louvre Hotels Group earlier this year. Travelodge Barcelona Cornella Fira is a 138-room hotel that Travelodge will operate on a long-leasehold basis.
ITC Hotels has announced the launch of the new 81-room Welcomhotel in Delhi, marking an expansion of its presence in India's capital city. The post ITC Hotels expands in Delhi with new 81-room Welcomhotel appeared first on Hotel Management Network.
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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