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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.
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.
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
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.
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.
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!
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.
What are the types of travelers and how do you get your hotel ready for them? When it comes to hotels, there are universal elements that every guest seeks: a clean environment, friendly and attentive staff, inviting common areas, and convenient access to food and drinks. Guests also appreciate knowing there’s someone available to address their questions and concerns.
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Hospitality Management Today brings together the best content for hospitality management professionals from the widest variety of industry thought leaders.
What are the types of travelers and how do you get your hotel ready for them? When it comes to hotels, there are universal elements that every guest seeks: a clean environment, friendly and attentive staff, inviting common areas, and convenient access to food and drinks. Guests also appreciate knowing there’s someone available to address their questions and concerns.
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.
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.
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
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.
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.
Of course, the value of amazing guest experience isn’t only in future bookings off the back of great reviews; it adds a price premium, too. Professional services network PwC found that if a hotel offered a superior experience, customers would pay 14% more for their stay and be more willing to try additional products and services.
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.
Sustainability cannot be an afterthought for luxury hotels operating today. According to research conducted by Deloitte, one in two consumers are worried or anxious about climate change. Many hotels within the UK’s luxury hotel sector have begun responding to the concerns of their customers, with brands of all sizes implementing green solutions. One such venue is Grantley Hall, a luxury five-star hotel and wellness retreat, that has successfully balanced its sustainability drive with preserving
Walker & Dunlop, Inc. announced today its strategic move into Hospitality Investment Sales with the addition of Jonathan (Jay) Morrow as senior managing director.
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.
From fish spatulas to paring knives to bench scrapers, these are the must-have kitchen tools recommended by culinary school teachers across the country Every time I see a meat tenderizer, I think of my mother. Specifically of the way in which she, as someone wary of emotional vulnerability yet full of affection (classic boomer combo), decided to make Austrian pork schnitzel her love language — and the meat tenderizer her translator.
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.
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.
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.
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.
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.
Welcome to STAAH’s Weekly Hotel Industry Quiz! At STAAH, we believe that staying sharp and informed is key to thriving in the ever-evolving hospitality world. Whether you’re a seasoned hotelier or just starting out in the industry, this quiz will test your knowledge and keep you on top of industry trends. Join us every week for a new set of questions!
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.
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.
The Boutique Lifestyle Lodging Association (BLLA) recently revealed the 2024 BLLA Awards winners. Now in its 14th year, the BLLA Awards continue to honor the most daring and innovative achievements in the global boutique hospitality industry, recognizing the world’s finest hotels, visionaries and partners. 2024 award winners included: • In the Best Boutique Hotel Under 50 Rooms category, Hotel 1928 in Waco, TX, claimed the top prize.
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.
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.
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.
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.
Most people don’t associate outbound sales strategies with the hospitality industry. The focus tends to be on inbound calls — guests reaching out with specific needs. NB: This is an article from Revinate Subscribe to our weekly newsletter and stay up to date But what if your reservations team could proactively drive bookings and fill your rooms more consistently?
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.
As the holiday season approaches, hotels are gearing up for a surge in travel demand. But not all travelers book their stays months in advance. NB: This is an article from RateGain Subscribe to our weekly newsletter and stay up to date Many spontaneous bookers wait until the last minute, making quick decisions just days before their trip. This is where last-minute deals shine, offering hotels a way to fill rooms faster, gain more exposure, and stay competitive on pricing.
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.
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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