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Hospitality employees’ stress levels during the COVID-19 pandemic and their later career trajectories may depend on both their experiences in the workplace and personal traits. New research explores how workplace experiences during the pandemic affected these employees’ subsequent career choices.
Most independent hoteliers are used to juggling more with less dedicated resources, but effective revenue management—and the tools that enable it—should not be written off as exclusively a "big brand" or "large hotel" concern. What Is a Revenue Management System? Among the technologies typically used by hoteliers, revenue management systems (RMS) are uniquely positioned to The post 6 Ways Revenue Management Systems Help Hoteliers Do More with Less appeared first on Revfine.com.
IHG® Hotels & Resorts, one of the world’s leading hotel companies, has announced the signing of a management agreement with Siddhya Hotels & Resorts Pvt Ltd. for the development of Holiday Inn Resort Kufri. Set to open in 2026, the signing aligns with IHG’s expansion strategy in India and build on its commitment to provide diverse and exceptional hospitality experiences across leisure destinations in the country.
In 2020, the number of establishments in the food and beverage industry was estimated to be 23.1 million worldwide, and in 2023, there were about 749,404 restaurants in the United States alone. These figures prove how tough the competition is in this industry and how important it is to devise unconventional tactics and extraordinary strategies to stay ahead.
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.
Re’Joy Suites (“Re’Joy”), Southeast Asia’s most advanced postpartum centre providing advanced care for mothers immediately after childbirth with a blend of Traditional Chinese Medicine (“TCM”) and modern healthcare in a luxury spa and hotel setting in Singapore, has been unveiled by the Joyre Group (“Joyre” or the “Group”).
U.S. RevPAR rose 2% year over year (YoY) after declining in March (-2%). That loss then gain pattern can be partly attributed to the Easter calendar shift, which is why it is helpful to look at the two months together. Combining both March and April, RevPAR was flat (-0.1%), which represents a downward shift from January and February with RevPAR up more than 1%.
The InterContinental Mark Hopkins San Francisco is pleased to announce that Robert (Bob) Bracy is their new Director of Food and Beverage.
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Hospitality Management Today brings together the best content for hospitality management professionals from the widest variety of industry thought leaders.
On June 11, 2024, the United States House of Representatives passed HR 6543, the so-called “No Hidden FEES Act of 2023” which introduces federal regulations aimed at enhancing transparency and fairness in the advertising of hotel room and short-term lodging prices. A critical component of this Act is its preemption clause, found in Section 4(a), which establishes a national standard prohibiting states from enforcing any laws that conflict with the federal mandate.
Sun Siyam Resorts is proud to announce the promotion of Sara Siyam from Creative Director to Director of Marketing, effective May 1, 2024. With an impressive tenure at Sun Siyam Resorts since 2017, Sara has demonstrated exceptional leadership and creativity, driving brand development and innovative creative strategies.
What first comes to mind when you mention accreditations to faculty, education specialists and university management? A huge amount of work? A necessary evil? Rigor? Regulatory requirement?
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 new 191 premium room facility will arise from an extensive retro-fit and transformation of Hamilton’s tallest building at 42-48 Ward Street - the current Mistry Centre, within the Centre Place shopping mall. Mistry Centre will ultimately comprise of two levels of underground parking, three levels of office and retail and 13 levels of hotel. Work is already underway on the $100m project, with the facility set for its grand opening in 2026.
The World Travel & Tourism Council (WTTC) 2024 Economic Impact Research (EIR) has revealed Türkiye’s Travel & Tourism sector broke all records last year, reaching new milestones across four key metrics.
Guillaume Paupy, above, is a long-time Hyatt hand and he is currently MD of Andaz Tokyo and the recently-opened Hotel Toronomon Hills, which is Unbound Collection by Hyatt. It’s an interesting duo, by Mori, who over several decades have been buying up yesterday’s houses to form a new area of Tokyo, Toronomon Hills. The two hotels are essentially above Toronomon metro.
Sabre Corporation, a leading software and technology provider that powers the global travel industry, today announced a new agreement with esteemed Maldivian owned and founded hospitality group Sun Siyam Resorts. The company, which has over 30 years of experience, owning and managing five affordable luxury private island properties in the Maldives and a boutique beach retreat on the East Coast of Sri Lanka, has selected a comprehensive suite of solutions from Sabre Hospitality’s SynXis, the lead
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