Thu.Oct 17, 2024

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Why you want to use a rolling forecast

eHotelier

Rolling forecasts are nothing new but I must point out that most hotels don’t use them, and they really should. It’s an incredibly useful tool that is literally worth its weight in gold.

Budgeting 298
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5 Advantages of Using Online Booking Systems in Hotels

Hotelogix

Online bookings have become a game changer in the hospitality industry. They allow guests to book rooms at their convenience at any time of the day, improving customer satisfaction. Apart from offering great ease to the guests, they provide valuable operational and financial benefits to the hoteliers. They minimize overbookings, streamline the reservation process, and drive revenue.

Book 130
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Hotel Marketing Tips & Tricks

Soft Inn

In today's competitive hospitality industry, effective marketing strategies are crucial for attracting guests and ensuring your hotel stands out. From online presence to guest engagement, every aspect plays a vital role in your marketing success. Let's give some 5 minutes of your time to have some overview on what are the tips & tricks that your hotel should know in order to understand the marketing strategy in the market for hospitality industry!

Marketing 130
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Important Hotel KPIs to track in the Hotel Industry

Hotelogix

Running a hotel isn't just about providing a great guest experience; it's also about understanding the numbers behind your operations. Key Performance Indicators (KPIs) play a crucial role in this process, acting as essential tools that can help hotel managers and owners gain insights into their property's performance. By monitoring the right KPIs for hotel staff and operations, you can identify strengths, uncover areas for improvement, and ultimately boost your hotel's succe

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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.

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Mondrian Hong Kong wins at AHEAD Asia 2024

eHotelier

Mondrian Hong Kong, the vibrant, art-inspired luxury hotel overlooking Victoria Harbour in Tsim Sha Tsui, has continued its impressive winning streak since opening its doors late last year by achieving two more titles at the AHEAD Asia Awards for Hospitality Experience and Design.

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More Trending

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Azul Hospitality expands managed hotel portfolio in Nevada

eHotelier

Azul Hospitality, a premier hospitality management platform providing innovative approaches to maximizing an asset's performance, announced today that the newly constructed Hyatt Place South Reno, located in Reno, Nevada, has opened and joined its portfolio of managed assets.

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The Connection Between Used Cooking Oil and Climate Change

Modern Restaurant Management

In the heart of every restaurant’s bustling kitchen lies an unexpected treasure: used cooking oil. Every crunchy french fry, mozzarella stick, and piece of crispy chicken generates cooking oil. But this oil’s journey doesn’t have to end when it leaves the fryer. Recycling your restaurant’s used cooking oil isn’t just a way to address your waste problems – it can help fight climate change.

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The Destination by Hyatt brand reaches new peaks with Cheyenne Mountain Resort in Colorado Springs

eHotelier

Hyatt Hotels Corporation welcomes Cheyenne Mountain Resort to the Destination by Hyatt brand, extending even more true-to-place experiences in new destinations for guests and World of Hyatt members.

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Brittain Grows Management Footprint With Provident Partnership

Lodging Magazine

Having long ago carved its niche within the South Carolina region with a number of full-service properties, Brittain Resorts & Hotels is expanding its management footprint with its sights set on further growth. The Myrtle Beach, South Carolina-based management firm—which was launched in 1943—recently partnered with Provident Hotels & Resorts to third-party manage its portfolio of eight hotels and resorts located throughout Florida.

Magazine 111
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Why Every Small Business Needs an HCM Solution: A Comprehensive Guide

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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Jonathan Morrow named Senior Managing Director at Walker & Dunlop

eHotelier

Walker & Dunlop, Inc. announced today its strategic move into Hospitality Investment Sales with the addition of Jonathan (Jay) Morrow as senior managing director.

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What Is the Point of Austin’s Fake AI Restaurant?

EATER

Ethos is a fake AI restaurant Instagram account in Austin sharing computer-generated images of and text about food and chefs, but it’s unclear who is behind the account and why the account exists or what it’s trying to say.

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Meng Wen Young appointed Associate Director of Marketing at Four Seasons Hotel Singapore

eHotelier

Meng Wen Young steps into the role of Associate Director of Marketing, having been promoted from Director of Sales and Catering.

Marketing 130
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How Generative AI and the Rise of the Travel Super App Will Revolutionize Trip Planning

Hospitality Net

A new wave of innovation in the travel industry is on the horizon, driven by advancements in generative AI. Research from Accenture reveals that nearly all travelers (97%) are looking for a comprehensive, all-in-one platform—a "super app"—that can streamline their travel experience. This demand stems from a growing frustration with current trip-planning tools, where users are often required to make separate bookings for flights, accommodations, and activities, creating a fragmented process.

Book 110
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Best Practices to Streamline Compensation Management: A Foundation for Growth

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.

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SCP Hilo Hotel announces Qurator Elite Certification

eHotelier

SCP Hilo Hotel is excited to announce its Elite Status certification from the Hawai‘i Tourism Authority (HTA) Qurator program, the highest possible ranking, acknowledging the company’s commitment to responsible tourism.

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Restaurant Safety: How Restaurateurs Can Improve their Risk Profiles

Modern Restaurant Management

The outlook for restaurants is complicated. The National Restaurant Association’s Restaurant Performance Index (RPI) demonstrates that a combination of inflation, consumers with less disposable income and rising labor costs have created a difficult market for restaurant owners. These issues have translated to the industry’s insurers as well – causing even more headaches for restaurant owners.

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SEO Success Story: Transforming a Hotel’s Online Presence

eHotelier

An iconic hotel in the heart of Key West, Florida, partnered with Cogwheel Marketing to revitalize its online presence. Facing limited visibility in organic search, we undertook a comprehensive SEO campaign that would transform the hotel’s digital footprint.

Marketing 100
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Four Seasons and AGC Equity Announce Four Seasons Resort Mykonos, Greece

Hospitality Net

Leading luxury hospitality company Four Seasons and Blue Iris Investments S.A, (’Blue Iris’), an investment vehicle of AGC Equity Partners (’AGC’), a global alternative asset investment firm, announce plans for a brand new beachside resort that will welcome its first guests in summer 2025.

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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

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Sonesta to franchise 114 hotels upon SVC sale

Hotel Business

Sonesta International Hotels Corporation intends to enter into new long-term franchise agreements for 114 hotels currently owned by Service Properties Trust (SVC). SVC will sell these hotels, which are currently managed by Sonesta, to reduce its leverage levels. The current Sonesta long-term management agreements are expected to be converted to long-term franchise agreements with Sonesta as the hotels are sold, which is anticipated to occur in 2025.

Pricing 105
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Dusit Hotels & Resorts Returns to India with the Soft Opening of dusitD2 Fagu

Hospitality Net

Dusit Hotels and Resorts, under Dusit International—one of Thailand’s leading hotel and property development companies—announces its return to India with the anticipated soft opening of dusitD2 Fagu. This luxurious retreat, set amidst the serene mountains of Fagu, near Shimla, is scheduled to open its doors in December 2024, offering an exceptional blend of Thai hospitality and local charm.

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This Week’s Comings & Goings

Lodging Magazine

Special Search International announced Jim Coffey has been promoted to senior vice president. Coffey will assume the expanded role within the firm’s digital strategy, which will include an updated CRM platform and the launch of the firm’s new website. Hapi announced the appointment of Jeff Bzdawka as president. Bzdawka most recently served as CEO of Knowland.

Magazine 102
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2025 Opening Planned for Six Senses Milan, Italy

Hospitality Net

Six Senses has signed hotel management agreements with Gruppo Statuto as part of an exciting new chapter in its Italian story. Six Senses Milan and Six Senses Lake Como will follow the debut opening of Six Senses Rome in 2023 in the restored Palazzo Salviati Cesi Mellini and the announcement of the upcoming Six Senses Antognolla in Umbria.

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Optimize Restaurant Operations With the Right Payroll & HCM Services

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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In His First Cookbook, Comedian Matteo Lane Wants You to Take Pasta Seriously

EATER

Lille Allen, Jesse Sparks The stand-up comedian became a social media standout for his whip-smart crowd work and casual cooking videos. Now, he’s taking over your dinner table. When Matteo Lane isn’t performing his distinct brand of scathing yet sincere stand-up, he’s busy eating pasta — and being opinionated about pasta. The Chicago-born, New York City-based comedian describes himself as an “Italian, Irish, Mexican homosexual,” and brings all of that cultural experience, plus a whole lot of hum

Book 102
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Palm House Opening in Palm Beach January 2025

Hospitality Net

Palm Beach is set to welcome its first new hotel in four years with the highly anticipated grand opening of Palm House this January, marking the debut U.S. property for London-based L+R Hotels’ prestigious Iconic Luxury Hotels collection. Designed as a modern retreat that marries Palm Beach’s enduring allure with contemporary luxury, Palm House offers a fresh take on relaxed exclusivity, blending classic charm with a playful wonderland-esque design.

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Is Making Your Own Curry Paste Worth It?

EATER

Lily Fossett It’s hard to beat the fragrance of freshly pounded lemongrass, galangal, and makrut lime when you’re making curry paste from scratch The rhythmic pounding of my late grandma’s century-old mortar and pestle is as familiar to me as any lullaby. The sound of stone against stone, reducing shallots, garlic, galangal, lemongrass, and Thai chilies into a paste and releasing the pungent fragrance of shrimp paste is almost a Proustian memory, something I can taste.

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2028 Opening Planned for Six Senses Lake Como, Italy

Hospitality Net

Six Senses has signed hotel management agreements with Gruppo Statuto as part of an exciting new chapter in its Italian story. Six Senses Milan and Six Senses Lake Como will follow the debut opening of Six Senses Rome in 2023 in the restored Palazzo Salviati Cesi Mellini and the announcement of the upcoming Six Senses Antognolla in Umbria. These two latest Italian signings also establish Gruppo Statuto as the leading Italian real estate group with a portfolio of international hotels, having acqu

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How to Navigate Revenue and Expense Management: Competitive Insights for Financial Success

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!