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Given how cognizant younger generations are of climate issues, ensuring your hotel has features that align with their environmental ethics can be engaging. Not to mention, it offers significant benefits to your business.
Restaurant operators have long grappled with the question, "Should I hire for soft or hard skills?" and for good reason. In an industry where technical precision is essential, seamless service depends on more than just executing tasks. After nearly 30 years of supporting thousands of restaurant operators and HR leaders, first as the Director of HR for Potbelly Sandwich Works and now as the CEO of Restaurant HR Group, I’ve seen firsthand what truly makes a restaurant rise to the top
What is Average Room Rate (ARR)? Average Room Rate (ARR) is one of the essential indicators in the hospitality industry, helping you measure the average price paid per room over a set timeframe. To calculate ARR, simply divide your total room revenue by the number of rooms sold: ARR = Total Room Revenue / Number of Rooms Sold For example, if a hotel generates $75,000 in room revenue from selling 250 rooms in a month, the ARR would be: ARR = 75,000 / 250 = 300 In this case, the average room rate
Azul Hospitality Group, a premier hospitality management platform providing innovative approaches to maximizing an asset's performance, announced today that the Woodlark Hotel has officially joined its distinguished portfolio of hospitality assets.
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.
Auberge Resorts Collection, the award-winning portfolio of one-of-a-kind luxury hotels, resorts, and residences, is pleased to announce that Collegio alla Querce, Auberge Resorts Collection, will be accepting reservations beginning March 2nd, 2025.
Danny Meyer’s Union Square Hospitality Group is taking the View at New York Marriott Marquis at 1535 Broadway
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Hospitality Management Today brings together the best content for hospitality management professionals from the widest variety of industry thought leaders.
One of Asia Pacific’s most credentialed hotel executives, Marcus Hanna, has been appointed as Chief Operating Officer of the rapidly growing La Vie Hotels and Resorts group. Hanna brings over 25 years of high-level experience to his role at La Vie.
Why didn’t anyone think of this earlier? | 7UP 7UP’s new Shirley Temple soda is more than a novelty These days most soda innovations are horrifying novelties , your Oreo Cokes and Flamin’ Hot Mountain Dews — things that people want to drink out of perverse curiosity, not desire. But this “holiday season,” 7UP seems to have cracked the code and given people something they actually want, even if we had never named it before: a Shirley Temple in a can.
This white paper by EZ-Chow explores the transformative impact of self-service kiosks on Quick Service Restaurants (QSRs), particularly during peak hours. It outlines how these innovative solutions address common challenges such as long queues, order inaccuracies, and operational inefficiencies, enhancing customer experience & operations.
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.
The World Travel & Tourism Council (WTTC), in collaboration with the Kingdom of Saudi Arabia’s Ministry of Tourism, today launched a new report revealing the stark impact of the pandemic on woman and youth employment within the global Travel & Tourism sector.
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Hoteliers must find innovative ways to enhance guest experiences and increase revenue. One strategy gaining traction is the implementation of vouchers. Often overlooked, vouchers can be a game-changer for hotels, providing not only an additional revenue stream but also a powerful tool to build brand loyalty and expand guest reach. What is Vouchers? A voucher is a prepaid certificate that allows the recipient to redeem it for a specific service or value at your hotel.
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.
Yes, again. Besides, the holidays aren’t going to cook themselves. Unless you have been living off-the-grid (good for you, honestly), you probably caught wind of yet another (relentlessly advertised) Amazon Prime Day’s savings event. That’s right, folks: the retail behemoth’s summer blowout sale has a two-day fall counterpart, and it’s filled with just as many deals on things that absolutely no one needs to be buying from Amazon (are the live “skittles” shrimp … OK?
I want to explore this crossroads by telling the stories of two commercial managers – one who still trusts his instincts and another who has fully embraced data. NB: This is an article from Demand Calendar Subscribe to our weekly newsletter and stay up to date Through their stories, we’ll see how both approaches shape the way they run their hotels and the impact it has on their success.
Lille Allen/Eater The recipe on the back of a bag of Botan Calrose rice is both uncomplicated and delicious Calrose rice is my favorite varietal of rice. Maybe it’s my California pride — the rice was initially developed in the state and still grows here — or the sticky nature of the medium-grain rice that makes each bite so satisfying. Whatever the case, my pantry is incomplete without a bag of Botan’s calrose, ready to be turned into porridge, kimbap, fried rice, and more.
Hotel forecasting plays a vital role in strategic decision-making, shaping both the short and long-term success of a property or portfolio. NB: This is an article from STR Subscribe to our weekly newsletter and stay up to date By understanding the key components and dynamics of accurate forecasting, hoteliers can implement more effective strategies, optimizing efficiency and maximizing profitability.
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.
bis, the pioneer of accessible high-quality and affordable accommodation, is delighted to announce the opening of ibis Tbilisi Airport, the first international hotel located in the immediate vicinity of Tbilisi International Airport. The 72-room newly built hotel is located only a five-minute walk away from Georgia’s largest airport, making it the ideal stay for travellers, transit passengers, and flight crews visiting the capital.
Rate parity has been a hot topic in the hotel industry, especially after the recent agreement between South Africa’s Competition Commission and Booking.com to remove rate parity clauses. NB: This is an article from Profitroom Subscribe to our weekly newsletter and stay up to date Rate parity required hotels to offer the same room rates and terms across all distribution channels, limiting their ability to differentiate prices.
Marriott International Inc. has revealed that it will bring the City Express by Marriott brand into the U.S. & Canada, marking the company’s entry into the affordable midscale transient segment in the region. Previously referred to as Project Mid-T by Marriott, this brand expansion is part of the company’s continued focus on strengthening its presence in the affordable midscale segment and offering regionally relevant lodging options for every trip purpose and every price point,
The hotel shoulder season – those quieter months between the peak and off-peak travel periods – presents a unique opportunity for hotels to increase revenue while navigating a slower pace. NB: This is an article from Tripleseat Subscribe to our weekly newsletter and stay up to date Although foot traffic and bookings might dip during this time, it’s far from a dead zone.
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.
Boutique hotels, known for their unique charm and local character, offer guests something that cookie-cutter chain hotels cannot. These smaller, independent properties have the freedom to design spaces that reflect the culture of their surroundings, provide highly personalized service, and create memorable experiences. Unlike most franchised hotels, owners and operators of boutique properties often have more flexibility in the technology they use.
Online Travel Agency (OTA) partnerships are an essential part of most hotels’ business mix, with OTA bookings sometimes accounting for half of all transient reservations. NB: This is an article from TCRM Subscribe to our weekly newsletter and stay up to date This is especially true for independent hotels that lack the distribution support of a major brand.
Slightly more favorable development conditions, the slow return of business travel, and explosive growth within the midscale, extended-stay segment were among the key topics discussed during yesterday’s General Session to get The Lodging Conference started. The panel—which took place before a standing-room-only audience—was entitled “Owners, Investors, and Operators: Opportunities, Challenges, and Trends.
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.
Located in the heart of Ekpan Warri’s business district, Protea Hotel by Marriott Delta is just a 15-minute drive from Osubi Airport and strategically located near the region’s oil and gas hub. The hotel features 69 contemporary guestrooms and three well-equipped conference rooms suited to both intimate business meetings and large corporate events.Culinary offerings include Delta Restaurant, an all-day restaurant serving up an array of local and international cuisines, as well as a lobby and poo
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Hilton Riyadh Olaya, situated in the heart of the capital’s cultural and business district on King Fahd Road, officially opens its doors in Saudi Arabia. Offering towering views over Riyadh, the hotel blends premium hospitality with design and is in close proximity to key business hubs within the city.
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