Tue.Jan 30, 2024

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True leadership transcends organizational charts

eHotelier

In the pursuit of leadership, the fulfillment derived from empowering others surpasses personal achievements. It becomes a journey of shared victories, collective growth, and the satisfaction of knowing that you played a role in someone else's success.

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Growing a Restaurant Strategically – The Keys Are Alignment, Timing and Control

Modern Restaurant Management

Ambitious restaurateurs often want to expand quickly to capitalize on initial success. However, rapid growth without an intentional strategy frequently erodes quality, culture and profits over time. Sustainable restaurant expansion requires balancing excitement with patience and perspective. There’s an art to scaling any small business intelligently.

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Unlocking hotel success: Essential hotel reports you need

Hotelogix

As a hotelier, monitoring your hotel's performance is paramount to ensuring smooth operations and maximizing revenue. In this context, reports are critical as they provide key insights into your hotel's operations, from housekeeping to finance, marketing, and guest preferences. In this blog, we will look at a few important reports that you must always have access to.

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2024 Outlook: Glass Half Full? 

Modern Restaurant Management

It’s a common assumption that past performance is the best predictor of future behavior, but the last few years have been anything but common. Quick-service restaurants (QSRs) rode the wave of unprecedented consumer behavior shifts and the successes and challenges it brought along. So, what can the QSR industry expect in 2024? Looking back at last quarter’s performance suggests the glass is proverbially half full.

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

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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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Can you believe it? 3 tips for disclosing and consuming AI-generated content

SAS

Let me ask: did you believe Facebook CEO Mark Zuckerberg really boasted about the company’s power in a 2019 video, saying, “Imagine this for a second: One man, with total control of billions of people’s stolen data, all their secrets, their lives, their futures.” The video of Zuckerberg purportedly saying [.] Can you believe it?

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More Trending

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‘The Zuni Cafe Cookbook’ Is a Master Class in California Cuisine

EATER

Lille Allen/Eater Judy Rodgers’s 2002 classic is a 500-page testament to the enduring importance of little details Let’s imagine for a second that Judy Rodgers had a perfectly ordinary senior year at Ladue High School, just outside of St. Louis, eating supermarket vegetables and pizza covered in processed cheese. Afterward, she would have gone to Stanford to study art history and then to law school and a distinguished career in the foreign service, because Rodgers, in addition to being a planner

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Rylie Johnson appointed Corporate Director of Business Development and Strategic Partnerships at HRI Hospitality

eHotelier

HRI Hospitality ("HRI"), announces the appointment of Rylie Johnson as the Corporate Director of Business Development and Strategic Partnerships, a newly established position within HRI.

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It’s OK to Say “Mocktail”

EATER

Using "mocktail" to describe a nonalcoholic cocktail has long been criticized by bartenders and drinkers, but it's time to change that.

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Tim Cordon appointed COO Middle East at Radisson Hotel Group in Dubai

eHotelier

Tim Cordon's role at Radisson Hotel Group (RHG) has been broadened to encompass the South East Asia Pacific (SEAP) region in addition to his existing responsibilities in the Middle East and Africa (MEA). Cordon, who operates out of Dubai, has been a key figure in RHG's growth and success in the MEA region. His new role aims to replicate this success in the SEAP region, which currently includes over 60 hotels in operation or in development.

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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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Four Financial Changes That Impact the Hospitality Industry’s ‘New Normal’

Lodging Magazine

In 2019, the United States enjoyed the unprecedented 11th year of economic growth since the “Great Recession.” Economists predicted an economic downturn; the only question was what would be the cause? Few anticipated that the trigger would be a worldwide pandemic, the likes of which had not been seen since 1918. Around the world, governments used different approaches to stem the spread into and within their countries.

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AI set to revolutionise Travel & Tourism, says latest WTTC report

eHotelier

Major new reports from the World Travel & Tourism Council (WTTC) and Microsoft highlight the transformative power of AI (Artificial Intelligence) for Travel & Tourism, marking a commitment to a digital future with unparalleled customer experiences.

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Marriott selects Oracle as cloud platform for multiple chain scales

Hotel Business

Marriott International has selected Oracle Hospitality OPERA Cloud Property Management System (PMS) and Sales and Event Management as a hospitality cloud platform for luxury, premium, select-service and midscale properties. “Oracle OPERA Cloud provides an integrated hospitality platform that enables companies, like Marriott, to deliver exceptional guest experiences while supporting increased efficiency and revenue growth across their operations,” said Alex Alt, EVP/GM, Oracle Hospitality.

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VisitBritain CEO Patricia Yates speech at ‘Showcase Britain’

eHotelier

National tourism agency VisitBritain is gearing up to welcome more than 120 international travel buyers for a series of educational visits across Britain, as part of its flagship ‘Showcase Britain 2024’ trade event.

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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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Hilton expands on?property messaging

Hotel Business

To support the growing need for frictionless travel and introduce easier ways for guests to engage with hotel teams, Hilton is expanding its mobile messaging platform to its more than 7,000 Hilton properties worldwide by the end of the year. The system, developed in partnership with Kipsu , will enable messaging via the Hilton Honors app, SMS, WhatsApp and other messaging channels.

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Bob W expands in the Nordics with two more properties in Finland

eHotelier

Tech-led serviced apartment brand Bob W has announced two more properties in Finland, as it continues to strengthen its foothold in Europe.

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AI Won’t Solve Yelp’s Problems

EATER

Tero Vesalainen/Shutterstock The restaurant review site is adding large language model-written summaries. They probably won’t make it any better. On January 30, Yelp announced that it too had succumbed to the allures of large language models, aka “AI.” In a press release , chief product officer Craig Saldanha says the review website is adding 20 new updates, including “AI-powered business summaries that make it even easier to find a business that fits your needs with a quick glance.

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InterContinental Auckland reimagines luxury hospitality in the City of Sails

Hospitality Net

InterContinental Hotels & Resorts, part of the IHG Hotels & Resorts luxury and lifestyle portfolio, has made its debut in New Zealand’s largest city with the opening of InterContinental Auckland. Gracing the city’s waterfront at the halo address of One Queen Street, InterContinental Auckland anchors the one billion dollar (NZD) Commercial Bay lifestyle precinct, which houses the city’s latest upscale office, retail, social, and dining hub.

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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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Changing Hotel Marketing Landscape and How to Prepare

Revenue Hub

Capturing travelers’ attention will become even more important in 2024. With restrictions to third-party data and new AI tools, lodging operators must familiarize themselves with the different hotel market trends and strategies to stand out from the crowd. NB: This is an article from Cloudbeds , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date Here, we look at how the travel landscape is evolving and the latest trends to shape your marketing strategies this yea

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Hotels will pay historic wages, generate record level of tax revenue in 2024

Hospitality Net

Hotels are projected to pay a record amount of wages and generate a record level of tax revenue in 2024, according to the American Hotel & Lodging Association’s 2024 State of the Hotel Industry report.

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LE: Latin American construction projects up 11%

Hotel Business

According to the Q4 2023 Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE), projects and room counts in the region’s total construction pipeline each increased by 11% each year-over-year (YOY) to stand at 594 projects and 97,679 rooms at the close of the quarter. At Q4, projects currently in the under construction stage account for nearly half of the projects and rooms in Latin America’s total pipeline.

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Commercial Strategy Platform: Linking Revenue, Sales and Marketing

Revenue Hub

A commercial strategy platform uses data from revenue, sales and marketing to identify the correlating data trends to provide insight relevant to each discipline. However, the platform analyzes the data for each department’s needs and then displays the data in a manner relevant for each of the three teams. NB: This is an article from LodgIQ , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date Removes department bias A commercial strategy platform removes department

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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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Nearly 50 percent of Meeting Planners Dissatisfied with Costs, According to 2024 State of the Meetings Industry Report

Hospitality Net

Today, Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, and ConferenceDirect, a full-service global meetings solution company, announced the results of their annual report, 2024 State of the Meetings Industry. The collaboration reveals insights to help industry professionals understand what meeting planners and event managers expect and will prioritize in 2024.

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How Hotels Benefit from Consortia and TMCs

Revenue Hub

A Consortia is an organization made up of independent travel agents and agencies joined to increase their buying power, commissions, and amenities which they can provide clients worldwide. Examples include ABC Global Services, CCRA, CTM/Radius, THOR, and Virtuoso. NB: This is an article from TCRM Subscribe to our weekly newsletter and stay up to date A Travel Management Company (TMC) manages a company’s complete business travel requirements.

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Hotel Bookings: A Comprehensive Guide to Instagram Ads

STAAH

For hotels, leveraging Instagram ads is not just about showcasing the aesthetics but a strategic approach to drive direct bookings. In this article, we will explore effective strategies to boost your hotel’s presence on Instagram, comprising both essential tactics and creative methods. Before we talk about Instagram Ads let’s talk about a few essentials to make your property’s page stand out and try tips to grab attention.

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Is Your Sales and Catering Team Leading or Following?

Hospitality Net

Today, we’re talking about.The rise of non-professional meeting planners. Sales and Catering Teams are having a moment right now.Meetings are back, but not the way they were before. One major shift is that meeting planners aren’t just meeting planners. They are office admins, business owners, and team leads. They plan meetings.They just don’t do it for a living.

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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.