eHotelier
AUGUST 8, 2024
By focusing on driving direct bookings, you can boost your revenue, strengthen your relationship with guests, and maintain full control over their experience.
Soft Inn
AUGUST 8, 2024
In my previous blog, I shared about Malaysia E-Invoicing: What Hoteliers Need to Know about this significant update. With the introduction of this system in August 2024, businesses, including hotels, must now issue and manage invoices electronically in three different phases. But how does this shift affect internal operations, especially regarding staff handling hotel bookings and seeking reimbursements?
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Modern Restaurant Management
AUGUST 8, 2024
Latino small business owners, particularly in the restaurant industry, are emerging as one of the most dynamic and rapidly expanding business owners across the US. In fact, according to our Verizon Business Latino Small Business Survey , 78 percent of the Latino businesses surveyed stated that their businesses are in a better place today than a year ago, and an even greater percentage (88 percent) believe their business will be in a better place a year from now.
MEWS
AUGUST 8, 2024
What is a hotel budget? A hotel budget is essentially your financial roadmap, aligning with your hotel’s strategic goals to guide how you’ll spend and generate money throughout a specific period (typically a fiscal year). It’s not just a tool for the finance department; it influences decision-making across all levels of your operation and determines how resources are allocated during the budgeted timeframe.
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
AUGUST 8, 2024
Dosa Kitchen’s ready-made batter | Lille Allen/Eater With its dosa batter, Dosa Kitchen hopes to educate people about everything dosas can do. But why do Americans still need an education? Open the fridge in many South Indian homes, and you’ll probably find a tub of dosa batter bubbling with fermentation. Perhaps it’s homemade, or it could be from the number of brands selling premixed batter in South Asian markets across the country.
eHotelier
AUGUST 8, 2024
Hyatt Hotels Corporation announced today that a Hyatt affiliate has entered into a management agreement with PT Central Sudirman Development, for the first Andaz hotel in Jakarta, Indonesia.
Hospitality Management Today brings together the best content for hospitality management professionals from the widest variety of industry thought leaders.
eHotelier
AUGUST 8, 2024
Marriott International, Inc. recently announced that it has signed an agreement with Zhong An Commercial Group, part of China New City Group, to bring the W Hotels brand to Hangzhou.
EATER
AUGUST 8, 2024
From Middle East Bakery to Manny’s, this Italian American pickled condiment is one of the only things Chicagoans can agree on
eHotelier
AUGUST 8, 2024
Baillie Lodges award-winning flagship property Southern Ocean Lodge has named esteemed tourism industry leader Robyn Bautovich as General Manager.
EATER
AUGUST 8, 2024
With flavored lattes and colorful energy drinks, these tiny, idiosyncratic drive-thrus are a staple of Washington State.
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
AUGUST 8, 2024
With over three decades of distinguished experience in luxury hospitality, van Frank brings a wealth of expertise in boutique resort management and a proven track record of success in remote and prestigious destinations worldwide.
Hospitality Net
AUGUST 8, 2024
- Dusit International, one of Thailand’s leading hotel and property development companies, has signed a property management agreement with King Square Development Co., Ltd, a Bangkok-based real estate company established by Saha Group and Tokyu Corporation, and King Square Suites Co., Ltd. to manage Dusit Suites Kingsquare, Bangkok and KingsQuare Residence - an upscale hotel and luxury residential project slated to open in 2026.
eHotelier
AUGUST 8, 2024
Four Seasons Resort Punta Mita, the five-star oceanfront resort nestled in the Mexican Riviera Nayarit, invites guests to celebrate Día de Los Muertos with its annual Catrina Fest, a celebration of this timeless Mexican tradition with culinary events, cocktails, music, and culture.
Lodging Magazine
AUGUST 8, 2024
CHICAGO—Hyatt Hotels Corporation reported second quarter 2024 results. Highlights include: Mark S. Hoplamazian, president and CEO of Hyatt, said, “We posted solid second quarter results demonstrating our differentiated positioning and continued momentum. System-wide RevPAR grew by 4.7 percent and net rooms growth was 4.6 percent, generating record gross fee revenue of $275 million in the quarter.
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.
Hospitality Net
AUGUST 8, 2024
Cornerstone Hospitality, renowned for its exceptional hotel management and development expertise, has marked another milestone with The Sessions Hotel in Bristol, VA, being named Marriott’s Hotel of the Year for Distinctive Premium Brands. This distinguished category includes esteemed brands such as Westin, Le Meridien, Autograph Collection, Design Hotels, Renaissance Hotels, Gaylord Hotels, and Tribute Portfolio.
Lodging Magazine
AUGUST 8, 2024
Revenue management in the hotel industry has become a science over the last few years with pricing strategies that increasingly factor in supply/demand fluctuations and the development of automated revenue management systems (RMSs). The progress has resulted in a rate adjustment approach that is both more efficient and highly personalized, based on multiple data sources from guest demographics to current market conditions.
Hospitality Net
AUGUST 8, 2024
Visual Matrix, a leading provider of advanced technology solutions for the hospitality industry, has increased the growth of its MOP technology 440 percent since Visual Matrix acquired the technology in November 2021. MOP is now used at more than 1,000 hotels representing than 33 brands in the industry, including Wyndham, Hilton, Marriott, IHG, and more.
Lodging Magazine
AUGUST 8, 2024
ALEXANDRIA, Virginia—The Global Business Travel Association (GBTA) and Cvent released a new study titled, “The Future Is Now: Technology Transformation in Corporate Travel.” According to the study, the industry is poised to allow technology to transform and accelerate business travel. Based on a survey of business travel professionals in North America and Europe, the report reveals that while 88 percent of travel management company respondents, 74 percent of suppliers, and 59 percent
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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.
Hotel Business
AUGUST 8, 2024
Choice Hotels International Inc. , for the second quarter, reported $435.2 million in total revenues, a quarterly record and a 2% increase vs. the same period in 2023. Net income for the quarter rose 3% to $87.1 million. “Choice Hotels generated another quarter of record financial performance amid a normalizing domestic RevPAR environment, demonstrating the strength of our versatile business model and proven growth strategy,” said Patrick Pacious, president/CEO, Choice Hotels Interna
Hospitality Net
AUGUST 8, 2024
Who says you can’t have it all? SLS is ready to make a serious splash with the upcoming debut of its first all-inclusive resort, SLS Playa Mujeres, set on Mexico’s spectacular Yucatán Peninsula. Opening November 15, 2024, the resort will bring SLS’s subversive spirit and immersive extravagance to life at an unprecedented scale, refining all-inclusive travel and emerging as a glittering destination brimming with world-class dining, entertainment and wellness experiences.
Hotel Management Network
AUGUST 8, 2024
Hilton Worldwide Holdings has announced a net income of $422m for the second quarter (Q2) of 2024, reflecting a 2.17% increase from $413m in the same period of 2023. The post Hilton profit grows to $422m in Q2 2024 appeared first on Hotel Management Network.
Hospitality Net
AUGUST 8, 2024
Lüm Hotel is thrilled to announce its grand reopening, inviting travelers and locals alike to experience its fresh, modern accommodations and elevated amenities. Centrally situated at ground zero for all types of entertainment, the Lüm Hotel sits immediately adjacent to the brand new multi-billion-dollar Intuit Dome, across the street from Hollywood Park (home to Sofi Stadium, You Tube Theater, parks, trails, and 500,000 square feet of initial offerings of local businesses and eateries) and is a
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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.
Guides: Lodging Magazine
AUGUST 8, 2024
HILTON HEAD ISLAND, South Carolina—Sonesta Resort Hilton Head Island recently completed phase one of a resort renovation program, showing its 340 redesigned guestrooms during a ribbon-cutting celebration. Inspired by the island’s nature, guestrooms now have several upgrades and enhancements. “We are thrilled to officially unveil our newly renovated guestrooms just in time for the peak summer season,” said Bob Cosgrove, general manager of Sonesta Resort Hilton Head Island. “We a
Hospitality Net
AUGUST 8, 2024
As the capital of Spain, Madrid holds a prominent position as a cultural, economic and political hub in Europe. Its rich history, vibrant arts scene, world-renowned culinary offerings as well as its many corporate head offices and financial institutions attract a diverse range of visitors, including both leisure travellers and business professionals.
eHotelier
AUGUST 8, 2024
Casetta Firenze, located in the Chianti region of Tuscany, announces a new Executive Retreats program for companies and their leadership teams to recharge, refocus, and rejuvenate in the Italian countryside.
Hospitality Net
AUGUST 8, 2024
Hard Rock International announces development plans for REVERB by Hard Rock® Pensacola to break ground in 2026 and open in 2029. REVERB by Hard Rock® is a unique hotel brand designed to be an energetic cultural hub for connection, creation and inspiration among music fans, locals and travelers alike. This will mark the company’s sixth REVERB property joining the portfolio, with Atlanta and Hamburg, and Kalamazoo, Tampa, and Scottsdale also being developed.
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.
Nation's Restaurant News
AUGUST 8, 2024
Mahesh Sadarangani and Andi Trindle Mersch of Philz Coffee on the Extra Serving podcast
Hospitality Net
AUGUST 8, 2024
An offshoot of the well-established Potter Handy firm, The Reddy Law Firm is quickly becoming known for its aggressive pursuit of claims under the California Unruh Civil Rights Act and the California Disabled Persons Act. These lawsuits, often referencing the Americans with Disabilities Act (ADA), are primarily filed by serial plaintiffs who challenge businesses on a variety of accessibility issues, from parking and entrances to sales counters.
Lodging Magazine
AUGUST 8, 2024
Hotels face many hurdles to economic growth, but the toughest one might be finding enough employees to power that growth. America’s hotels are doing all they can to create good jobs and retain employees. Average hotel wages are near a record high, and hotels are offering more benefits and workplace flexibility than ever before. So why is it still so difficult for hotels to maintain and expand their staff?
Hospitality Net
AUGUST 8, 2024
We hear the word ‘personalization’ being thrown around a lot of hospitality these days. And rightfully so, as there’s a ton that hotels can and should be doing to enhance the guest experience. What I caution from the start, though, is that this is an arms race; if every hospitality brand is gunning for improved market share or ADR growth by ramping up their personalization, then you can’t rest on your laurels.
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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