eHotelier
APRIL 24, 2024
Effective revenue management is driven by a clear sense of purpose. It's about understanding not just how to optimize prices and manage inventory, but why these actions matter in a larger context — a context that includes genuine customer satisfaction and enduring business success.
Modern Restaurant Management
APRIL 24, 2024
Reviews and ratings are decisive factors for 91 percent of diners with 64 percent focusing on reviews less than a month old, according to a report from RightResponse AI. Additionally, 71 percent said that they “changed their mind and decided not to go to a restaurant” based upon negative reviews. “People read reviews, are influenced by reviews, and are very influenced by negative reviews,” George Swetlitz, co-founder of RightResponse AI, told Modern Restaurant Management
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EATER
APRIL 24, 2024
Indian bartenders are reshaping what was once a holdover from British rule into a celebration of homegrown flavors, ingredients and a burgeoning cocktail culture.
eHotelier
APRIL 24, 2024
Leading hotel group Choice Hotels Asia-Pac has welcomed the newest addition to its flagship Comfort brand, with Comfort Inn Serenity Bathurst joining the portfolio.
Speaker: David Worrell, CFO, Author & Speaker
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.
EATER
APRIL 24, 2024
Dilek Baykara There’s a lot you can do! Just don’t eat them raw. Whether they’re growing in a forest or being sold at a farmers market, fiddlehead ferns are natural head-turners. While their visual appeal can be chalked up to their novelty — bright green and tightly coiled, they look like they’d be right at home in a UFO’s window box — the explanation is much more complex.
eHotelier
APRIL 24, 2024
Schwartz Family Company has acquired a prized Blue Mountains resort to strengthen its position as the region’s premier leisure and conference provider.
Hospitality Management Today brings together the best content for hospitality management professionals from the widest variety of industry thought leaders.
eHotelier
APRIL 24, 2024
First Hospitality, a national hotel operating, management, and development company, announces the appointment of Nadia Panasyuk to vice president of revenue strategy. Panasyuk joins the First Hospitality commercial strategy team bringing more than 20 years of hospitality experience in lifestyle, full-service, and independent properties.
Revenue Hub
APRIL 24, 2024
When thinking about a hotel’s current technology capabilities, what comes to mind? Innovation? Long-term growth potential? Guest personalization? Open API architecture? Intuitive design? All of these are essential for operating in today’s competitive landscape. NB: This is an article from Amadeus Subscribe to our weekly newsletter and stay up to date Technology upgrades are proving to be top of mind this year, as hoteliers using legacy software or those with major gaps in functionality are incre
eHotelier
APRIL 24, 2024
Premier, an end-to-end architecture, design, procurement, project management, and development firm, is pleased to announce that Corina Heizer has been appointed as the firm's new Vice President of Procurement.
Revenue Hub
APRIL 24, 2024
“Optimising presence in metasearch engines” is the desire of all hotels, which in layman’s language translates into a twofold desire: to increase sales generated from metasearch targets and increase profitability by reducing costs… in other words, to make the channel more efficient. NB: This is an article from mirai , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date In order to tackle this “meta search engine optimisation” you need: Knowledge of the metasearch fu
Speaker: Jennifer Hill
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.
eHotelier
APRIL 24, 2024
S Hotels and Resorts PCL, the global hospitality company from Singha Estate PCL, is proud to announce that its acclaimed beachfront properties in Thailand and the Maldives have successfully achieved Green Globe™ Certification for the second consecutive year. This marks another significant milestone in a comprehensive, three-pillared integrated global sustainability strategy which will see the company elevating its guest experiences through sustainable initiatives, such as Marine Discovery Centre
Revenue Hub
APRIL 24, 2024
Efficient hotel pricing strategy is a must-have for today’s hoteliers to increase their overall profitability. Hotel revenue managers should understand various aspects including distribution mix, demand forecast, competition pricing and consumers’ buying trends, etc. to manage pricing more effectively and to increase hotel profit. NB: This is an article from BEONx , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date Let’s analyze some of the important components to
eHotelier
APRIL 24, 2024
IHG Hotels & Resorts is celebrating the significant achievements of its upper luxury portfolio today following the announcement of three of the industry’s most coveted awards selected by leading travel editors. A collective showcase of the crème de la crème of the global hospitality industry, Condé Nast Traveler Hot List, AFAR’s Best New Hotels of 2024 and the Travel + Leisure ‘It List’ have awarded nine notable titles to properties within IHG’s Luxury & Lifestyle portfolio, now the seco
Lodging Magazine
APRIL 24, 2024
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include: The post Hilton Reports Q1 2024 Results appeared first on LODGING Magazine.
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.
eHotelier
APRIL 24, 2024
In the realm of hospitality, the dynamics between order value, tip amounts, and service charge levels play a crucial role in determining the overall income of service staff. The traditional model of manual order taking and payment processing often leaves room for inefficiencies and missed opportunities for upselling and enhancing the guest experience.
Lodging Magazine
APRIL 24, 2024
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel situated near ski trails, training facilities, and year-round outdoor amenities. Berkadia South Florida’s Managing Directors Michael Weinberg and Scott Wadler, along with their team members Alec Fox and Edmund Aramayo, arranged the five-year, fixed-rate CMBS loan through Goldman Sachs Bank USA. “The hotel, with its extensive meeting space co
eHotelier
APRIL 24, 2024
Travellers from Britain are the world’s biggest early birds when it comes to making holiday plans for 2025, according to Sabre booking data. Seemingly keen to escape chilly British weather and ensure they have a trip to look forward to next year, more Brits than any other nation have already booked their 2025 getaway.
Hospitality Net
APRIL 24, 2024
In a recent conversation I had with an asset manager who was underwriting a hotel in the metro Atlanta area, it was determined that for each incremental 50k of profit achieved, the hotel asset value went up approximately 600k. Imagine if your revenue team fully understood this.
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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.
eHotelier
APRIL 24, 2024
A seamless guest journey from pre-stay to post-stay, previously only available in Native App, now accessible via Web App.
Hospitality Net
APRIL 24, 2024
It’s a daily occurrence to see mentions of Artificial Intelligence (AI) throughout multiple industries, including the hotel space. And why not? AI systems can effortlessly perform tasks associated with the cognitive functions of humans, and rather than reducing jobs, AI applications seek to enhance employment opportunities.
Hotel Owner
APRIL 24, 2024
Gillian Mylles has been appointed as the new general manager of The Resident Edinburgh ahead of its opening. The hotel, featuring 164 rooms, underwent redevelopment from a 1960s establishment into a modern property. Operated by Resident Hotels, this Upper Upscale hotel is the sixth within the group’s portfolio. Mylles, with extensive experience in leading hotel groups in the UK, expressed excitement about the hotel’s focus on guest experience and sustainability.
Hospitality Net
APRIL 24, 2024
Premier, an end-to-end architecture, design, procurement, project management, and development firm, is pleased to announce that Corina Heizer has been appointed as the firm’s new Vice President of Procurement. With more than 15 years of interior design experience and 11 years of procurement expertise, Heizer will oversee the daily operations of the Procurement team, and will be responsible for managing the department’s Procurement Associates.
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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.
Sculpture Hospitality
APRIL 24, 2024
Toronto, ON, April 23, 2024 -- Sculpture Hospitality has been named as a top franchise in Entrepreneur’s prestigious, and fiercely contested, Low-Cost Franchise category.
Hospitality Net
APRIL 24, 2024
Mews, the industry-leading hospitality cloud and winner of Best property management system at the HotelTechAwards 2024, has been chosen by Weekender to power their portfolio of hotels across the northeast of the US.
Lodging Magazine
APRIL 24, 2024
ARLINGTON, Virginia—Knowland and Amadeus presented the metrics from the companies’ Hospitality Group and Business Performance Index. Beginning with the first quarter of 2024, the Index focuses on year-over-year (YOY) performance. This first report shows the group health index is 102.3 percent YOY and six of the top 25 U.S. markets have achieved 110 percent compared to the same time in 2023.
Hospitality Net
APRIL 24, 2024
Safemark, the foremost provider of electronic safes to the global hospitality industry, is excited to unveil its exclusive partnership with Indel B to distribute their minibar line in the United States and Canada. This collaboration coincides with the debut of Indel B’s newest product line, the Fridom Collection, which establishes a fresh benchmark for elegance and functionality in hotel minibars.
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.
EHL Insights
APRIL 24, 2024
In the second article in this three-part series exploring luxury hotels and how a ‘sense of place’ help differentiate a luxury hotel and build loyalty, Suzanne Godfrey, consultant and lecturer in luxury and luxury hospitality, examines how the brand’s identity can elevate the hotel experience and create a unique sense of place.
Hospitality Net
APRIL 24, 2024
Nobu, the renowned luxury lifestyle brand known for its iconic 41 hotels, 77 restaurants, and 12 residences, proudly announces the signing of Nobu Hotel and Restaurant East Cairo, in a continuing collaboration with Egypt’s leading real estate developer, SODIC. The signing, which took place at Nobu Fifty Seven in New York, marks Nobu and SODIC’s third venture in Egypt, following the unveiling of Nobu Hotel, Restaurant, and Residences in both West Cairo and North Coast Egypt last summer.
Hotel Business
APRIL 24, 2024
Hilton Worldwide Holdings Inc. , for the first quarter ended March 31, reported that system-wide comparable RevPAR increased 2%, on a currency neutral basis, compared to the same period in 2023. Net income for the period was $268 million. “We are pleased to report a strong first quarter with bottom-line results meaningfully exceeding our expectations, further demonstrating the power of our resilient, fee-based business model and strong development story,” said Christopher J.
Hospitality Net
APRIL 24, 2024
Diving deep into the impacts of a growing trend first explored in our Further Forecast 2024, Design Hotels announces the launch of "Neuroaesthetics — Design for the Mind", a new cultural study on neuroaesthetics, uncovering how aesthetics, culture, and technology impact our brains, bodies, and behaviors. Researched and developed by neuroaesthetics studio Kinda Studios and created in partnership with FSB Franz Schneider Brakel, the study collates insights across science, technology, and the arts,
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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