Fri.May 10, 2024

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The Rise of Global Fusion on QSR Menus

Modern Restaurant Management

There is an opportunity for QSRs to attract new customers by integrating bold, exotic flavors and ethnic cuisines into LTOs and menus. Eighty three percent of Gen Z is excited for new food and beverage trends with 25 percent expecting to dine out more this year, according to a recent Datassential report. This is coupled with the global ethnic food market projected to grow by approximately eight percent from 2023 to 2023.

Marketing 180
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A New Cookbook Brings the Beloved Recipes of ‘Stardew Valley’ to Life

EATER

Evi Abeler You can now finally make your very own Pink Cake irl There are few video games that have developed the kind of loyal, deeply devoted fan base of Stardew Valley. Released in 2016 by ConcernedApe, the cozy farm simulator game is widely considered to be among the best in that genre, and players spend countless hours growing vegetables, raising cows and sheep, fishing for rare specimens, mining minerals, and generally tending their in-game farms.

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Difference Between Customer Rewards and Customer Loyalty?

Revenue Hub

Businesses are of course increasingly focusing on not just attracting customers but retaining them over the long term. This has led to the proliferation of rewards and loyalty programs, each designed with specific objectives in mind. NB: This is an article from Switchfly Subscribe to our weekly newsletter and stay up to date Understanding the distinction and synergies between these programs is crucial for businesses aiming to foster a loyal customer base.

Article 109
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Your Kitchen Needs a First Aid Kit

EATER

Allie Sullberg We asked chefs how they stay safe in the kitchen, and what to do — and not to do — in case of emergencies I didn’t always keep burn cream in the kitchen. For the longest time it was in the bathroom, with the bandages and ibuprofen and Pepto Bismol. But it turns out that the kitchen is where I’m most likely to get burned in my house, whether it’s from touching a cast-iron skillet I forgot was still hot, getting splattered with frying oil, or hitting the side of the oven with my arm

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

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.

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Understanding the Hotel Compset and Why You Must Develop One

Revenue Hub

Consumers want to find the best value and guest experience for their money. They are already analyzing room rates, special packages, services, amenities, and more. Knowing this information can significantly impact how you position your property, attract more business, and ultimately, drive revenue. NB: This is an article from Tripleseat Subscribe to our weekly newsletter and stay up to date Here’s a closer look at how to define your competitor set and leverage this knowledge to strategize to bec

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Boost Hotel Revenue with Better Online Reputation Management

Revenue Hub

It’s now a fact of the digital era that the better your reviews, the higher up you’ll appear in search results, across Google, review sites, and OTA and metasearch. So, given the important role that online reviews play in the booking process, it is unsurprising that there is also a direct correlation between online reputation and hotel revenue. NB: This is an article from Lighthouse (formerly OTA Insight) Subscribe to our weekly newsletter and stay up to date This is backed up by another piece o

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Newport Hospitality Group Advances Three Individuals to Vice President Roles

Hospitality Net

Newport Hospitality Group (NHG) proudly announces the promotion of three exceptional individuals to the role of Vice President, as unveiled during the company’s recent Leadership Conference, "Together We Thrive,” held in Richmond, Virginia. These appointments reflect Newport’s commitment to nurturing talent from within and fostering a culture of growth and development.

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Creating Memorable Guest Experiences: Personalization with Storytelling

Revenue Hub

Guest experience encompasses the overall satisfaction a guest encounters throughout their journey with the brand. It starts even before booking and extends beyond departure. It includes the emotions triggered and feelings that result from the interaction with people (i.e., employees), the physical environment – the ambience and multi-sensory elements; as well as the tangible and intangible aspects.

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Hyatt Reports First Quarter 2024 Results

Hospitality Net

Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) reported first quarter 2024 results.

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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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Placemakr expands in Texas with four new properties

Hotel Business

Placemakr, a flexible-use hospitality and multi-family operator, will expand across Texas with four new property launches, bringing the company’s total operations to more than 800 units in the state. The expansion includes the acquisition of Placemakr Downtown Austin, formerly named 3Waller, a 259-unit property in downtown Austin, marking the sixth property acquisition for Placemakr.

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Cvent CONNECT 2024 to Feature Emmy Award-Winner, Daytime Talk Show Host and Queer Eye Culture Expert Karamo as Keynote Speaker

Hospitality Net

Cvent, an industry-leading meetings, events and hospitality technology provider, has announced that Karamo – daytime talk show host and Queer Eye culture expert – will deliver a keynote speaker address for its customer and industry conference, Cvent CONNECT. The conference will take place from June 10-13, 2024, at the Henry B. González Convention Center in San Antonio, Texas and online.

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CoStar: Mixed Results Continue for U.S. Hotel Performance

Lodging Magazine

WASHINGTON—U.S. hotel performance showed mixed results from the previous week, according to CoStar’s latest data through May 4, 2024. U.S. hotel performance showed lower results from the week ending April 27, 2024. U.S. Hotel Performance April 28- May 4, 2024 Percentage change from comparable week in 2023:Occupancy: 64.4 percent (down 0.8 percent)ADR: $159.97 (up 1.3 percent)RevPAR: $103.09 (up 0.5 percent) Among the Top 25 Markets, Seattle reported the highest year-over-year increase in occupan

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European Hotel Investor Compass 2024

Hospitality Net

Cushman & Wakefield’s Hotel Investor Compass survey canvasses the views of 60 major investors active across the region, who collectively invested €18 billion between 2019 and 2023 in hotels and have an average fund size of €233 million available for hotel investment in 2024.

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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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Knowland: Nashville Leads Meetings and Events Volume in April

Lodging Magazine

ARLINGTON, Virginia—Knowland reported that Nashville saw an uptick in meetings and events in April, growing 38.0 percent year-over-year (YOY). Las Vegas continued a steady climb with 22.8 percent YOY growth. This data is sourced from Knowland’s sales intelligence platform. Overall meeting volume growth was flat for the industry at a 1.3 percent increase YOY.

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Retirement of Carmen Riu

Hospitality Net

RIU’s CEO, Carmen Riu, has taken the decision to retire before the summer of this year, when she will leave her executive and institutional representation roles at RIU Hotels & Resorts. She currently shares her position with her brother Luis Riu, who will now continue as the company’s sole CEO.

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The George Hotel Opens in Georgetown, South Carolina

Lodging Magazine

CHARLESTON, South Carolina—The Indigo Road Hospitality Group has opened The George Hotel, a 56-key boutique property in Georgetown, South Carolina. The George represents milestones for both The Indigo Road and the city of Georgetown—it is the first hotel to open and operate on the city’s Front Street in more than 50 years, as well as The Indigo Road’s first property to open in the company’s home state of South Carolina.

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Ovolo Hotels and TRESemmé Unveil World’s First Hair Service Menu

Hospitality Net

Ovolo Hotels is thrilled to announce a nationwide partnership with renowned hair care brand Tresemmé, launching the world’s first Hair Service Menu. Rolling out across the designer hotel collection in Sydney (Woolloomooloo), Melbourne (South Yarra), Canberra (Nishi) and Brisbane (The Valley) from Friday 10th May 2024, the complimentary menu which will allow guests to order bespoke, professional products directly to their room upon arrival.

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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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Compensation Declaration: Why the Growth of Management Company Fees Slowed in 2023

Lodging Magazine

Prior research conducted by CBRE Hotels Research revealed that hotel management companies were rewarded handsomely as the U.S. lodging industry recovered from the COVID-19 pandemic. An analysis performed by CBRE in April 2023 found that total hotel revenue increased by 153 percent from 2020 to 2022, while gross operating profits (GOP) grew by 437 percent.

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Fairmont Le Montreux Palace Unveils Completion of First Phase in Extensive Renovation Project

Hospitality Net

Fairmont Le Montreux Palace, an iconic Belle Époque landmark since 1906, proudly announces the successful completion of the first phase of its extensive renovation project. This phase, featuring the refurbishment of 60 lake view rooms and enhancements to a third of its lake-facing facade, marks a significant milestone in the hotel’s journey towards redefining luxury hospitality.

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NRN editors continue to talk about quarterly earnings from Texas Roadhouse, El Pollo Loco, Bloomin’ Brands, and more restaurant companies

Nation's Restaurant News

This week hear from leaders at Dave’s Hot Chicken, Newk’s Eatery, and Union Square Hospitality Group

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Agilysys POS Platform Approved For Marriott International Properties In U.S. And Canada

Hospitality Net

Agilysys, Inc. (NASDAQ: AGYS), a leading global provider of hospitality software solutions and services, today announced Marriott International has selected the Agilysys point-of-sale platform InfoGenesis as an option for hotels in its portfolio across the U.S. and Canada.

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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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Knowland: Nashville records highest meetings growth in April

Hotel Business

Nashville saw an uptick in meetings and events in April, growing 38% year-over-year (YOY), according to data from Knowland. Las Vegas continued a steady climb with 22.8% YOY growth. This data is sourced from Knowland’s sales intelligence platform and designed to help hoteliers protect and grow their revenue base. Overall meeting volume growth was flat for the industry at a 1.3% increase YOY.

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Cornell Research: Successful Service Branding: Lessons for Hospitality Managers

Hospitality Net

Hospitality brands today face a brutally competitive environment characterized by a “sea of sameness” that threatens to drive all brands in a race to the bottom.1 However, little empirical information exists on how to best manage service brands in general and hospitality brands in particular. We have long understood successful goods branding, but we have not studied how successful services branding differs from that of goods branding.

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Sonesta opens hotels in Wyoming and Michigan

Hotel Business

Sonesta International Hotels Corporation has opened Red Lion Gillette in Gillette, WY, and Sonesta Grand Rapids in Grand Rapids, MI. Red Lion Gillette is a 159-room, select-service value hotel, while Sonesta Grand Rapids Airport is a 183-room upscale property. “We are excited to open the first Sonesta hotels in Gillette, WY, and Grand Rapids, MI,” said Norman Leslie, cofounder, Lodging Opportunity Fund and Legendary Capital , a private hotel real estate investment trust based in Fargo, ND with h

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The George Hotel, Operated by The Indigo Road Hospitality Group, Opens on Historic Front Street in Georgetown, SC

Hospitality Net

The Indigo Road Hospitality Group has opened The George Hotel, a 56-key boutique property in historic Georgetown, SC. The George represents major milestones for both The Indigo Road and the city of Georgetown — it is the first hotel to open and operate on the city’s historic Front Street in more than 50 years, as well as The Indigo Road’s first property to open in the company’s home state of South Carolina.

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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.