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The increased use of glucagon-like peptide-1 (GLP-1) medications such as Ozempic and Wegovy is providing profit opportunities for restaurants and other industries, according to Circana's The Ripple Effect of GLP-1s, Today and In the Future. The report revealed how users exhibit shifting purchasing habits over time, with weight-loss users making fewer food and beverage purchases during the first three months of use, and returning closer to benchmark levels by the end of the first year of use.
ATLANTA, GeorgiaOfficials of Woodworth Core Group (WCG), a leading provider of customized lodging research, valuation and advisory services, announced that Timothy J. Dick, PhD, has joined the firm in their Atlanta office as executive vice president. WCG Principal R. Mark Woodworth stated, We continue to focus on providing seasoned expertise to our clients.
Volunteers receive donations for fire victims at the Pasadena Community Job Center in Pasadena, California, on January 14, 2025. | Photo by Zoe Meyers/AFP via Getty Images Graza, Gelsons, HexClad, and more brands are providing cookware, meals, and donations As the Los Angeles wildfires continue to burn, the resilience of Angelenos and the folks who love them has also shown up in full force via GoFundMes , local restaurants food aid efforts, and myriad other donation opportunities.
IHG Hotels & Resorts (IHG) marks an extraordinary milestone with its 50th anniversary in Greater China. From opening its first property in 1975 to operating 800 hotels today, IHG has played a pivotal role in driving industry growth, enhancing guest experiences, and supporting the regions economic development. Looking to the future, IHG reaffirms its unwavering commitment to Greater China by leveraging global expertise and local insights to create enriching and rewarding experiences.
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.
St. Louis, MO/IL ranked first in the top 25 markets with year-over-year (YOY) meeting and events growth at 125.8%, according to December monthly data findings released by Knowland by Cendyn. Nashville came in second with growth at 28%. However, the bigger story is Louisville, KY, which led in secondary markets with 135.6% YOY growth and topped the secondary market list for the eighth time in 2024.
A very warm welcome from everyone at Mews to the team and customers of Clarity Hospitality Software Solutions. Its a fantastic way to begin another year of incredible growth, and we cant wait to see how everyone works together to deliver remarkable hospitality across New Zealand, the UK and beyond.
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A very warm welcome from everyone at Mews to the team and customers of Clarity Hospitality Software Solutions. Its a fantastic way to begin another year of incredible growth, and we cant wait to see how everyone works together to deliver remarkable hospitality across New Zealand, the UK and beyond.
Hilton (NYSE: HLT) and Peloton (NASDAQ: PTON) are making it easier than ever for travelers to sustain fitness routines and goals while on the road. Through Hiltons Connected Room Experience (CREx) guests can now access a complimentary collection of Pelotons on-demand fitness content on their in-room TVs. Designed as an introduction to Pelotons Instructor-led classes, this seamless offering allows travelers to stick to their wellness routinesor try new oneswhile on the road.
Scotland saw hotel transaction volumes (sales of 1m+) reach 431m in 2024, up 38% on 2023 and considerably higher than the 10-year average of 282m, according to Savills. Overall, Scotland accounted for circa 7.50% of all UK hotel deals last year, the highest total outside of London. Savills also noted that Edinburgh hotel deals made up 251m, representing 58% of the Scottish total.
Jeff Todd, chief development officer for Launch Entertainment, shares a look at his career, his achievements and industry trends ahead of his appearance at Restaurant Franchising & Innovation Summit 2025.
UK hotel transaction activity had a resurgence in 2024, with deal volumes tripling and returning to pre-pandemic levels at approximately 6.4bn, according to Christie and Cos latest Business Outlook report. The business property adviser said that this rise was principally linked to portfolios and to London making up 40% of transaction volume. In addition, Christie and Co saw an 11% rise in deals agreed and 20% increase in completions in 2024, compared with the year prior.
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.
This is the 7.3-metre twisted Shimenawa rope, the worlds biggest-ever, that weighs, they say, eight tons. It hangs over your head when you’re in the private dining room of the newest restaurant, Smokefire, at Emirates Palace Mandarin Oriental in Abu Dhabi. Oh wow, how did they get it from its birthplace, at Nawawaseya in Toyama, to here? What did they believe that it would be?
The Marcliffe hotel has reopened after it closed to implement new systems and focus on service excellence following the results of a survey. The hotel closed for two weeks from 516 January 2025 to implement new systems and deliver tailored training. Following the recent announcement of a multi-million-pound investment, the hotel produced a survey which aimed to solicit feedback on what guests wanted to see in the future.
Naturopathy is an alternative medicine that focuses on a holistic approach to health and wellness. It is founded on the principle that the human body possesses a natural capacity for healing and focuses on identifying the underlying causes of health issues instead of merely addressing the symptoms. It blends traditional healing practices with modern scientific knowledge to support natural healing and well-being.
The Applegarth Villa and Restaurant in Windermere has been brought to market for offers in the region of 3,995,000. The five-star luxury hotel and restaurant is an iconic building that is steeped in history. It is considered a trophy asset within the region with its bespoke interior design, and structural integrity, and sits in ample grounds with exclusive parking for guests.
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.
Under the leadership of founder and CEO Michael Struck, Ruby continues its expansion across Europe by introducing its first Hungarian property. This mixed-use conversion will feature a Ruby Hotel with 181 stylish rooms, alongside retail and gastronomic outlets, as well as a food and cultural market. The new hotel will be spread across four floors of the building.
Accor, a world-leading hospitality group with over 5,600 properties across more than 110 countries, is pleased to announce the Group has taken over the management of The Grand Tarabya, a historic property nestled in Istanbuls upscale Tarabya neighborhood along the Bosphorus Strait. Effective Dec. 31, 2024, The Grand Tarabya marks Accors 38th property in Istanbul, reinforcing the Groups continued expansion in key cities across Europe and the Middle East, as well as the destinations growing reputa
Avion Hospitality is to manage the newly rebranded Hotel Savoy Kansas City, a part of Hilton's Tapestry Collection, in Missouri, US. The post Avion Hospitality takes over management of Hotel Savoy Kansas City in US appeared first on Hotel Management Network.
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.
ORLANDO, FL - Orlando just got more magical! Villatel Orlando Resort has announced that its grand opening will take place on March 3rd, 2025. Featuring 270 villas with immersive themed rooms, a collection of 256 apartments, a water park, and elevated resort experiences, this first-of-its-kind destination is a dream retreat for guests and groups of all sizes and agesand a truly unique entrant to Orlandos hospitality market.
FBD Hotels and Resorts has signed an agreement to acquire the historic Grand Hotel in Malahide, North Dublin, Ireland. The post FBD Hotels and Resorts to acquire Grand Hotel in Malahide, Ireland, for $56m appeared first on Hotel Management Network.
One year after acquiring the "Palace des Neiges" in Courchevel 1850, Monte-Carlo Socit des Bains de Mer (S.B.M.) Group reveals the name of its ambitious hotel project: "Monte Carlo One - Courchevel." This is the first variant of its new international brand, "Monte-Carlo One - Hotels & Residences", dedicated to developing hotels and residences. This historic investment for the Group outside the Principality illustrates the companys new international momentum and its ambition to develop new growth
Indian hotel chain Lemon Tree Hotels has signed a new property, Lemon Tree Hotel in Valsad, Gujarat, in India. The post Lemon Tree Hotel in Valsad, India, to open in 2029 appeared first on Hotel Management Network.
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.
As we close the chapter on a transformative 2024 and step into 2025, Newport Hospitality Group continues to lead the charge in redefining operational excellence. Our mission is clear, to empower our general managers and directors of sales with the tools they need to deliver exceptional guest experiences. By leveraging innovative systems, we aim to streamline processes, enhance performance, and allow our leaders to focus on what truly mattersour guests.
Stirling Hospitality Advisors, Radisson Hotel Group and BB Holding have partnered to bring Radisson RED hotel on Marjan Island, UAE, in 2027. The post First franchised Radisson RED hotel in UAE to open in 2027 appeared first on Hotel Management Network.
During the pandemic, residential and commercial property prices in the central business districts (CBDs) of large metropolitan areas (MSAs) declined while prices generally increased in suburban areas. Many businesses located in CBDs that were dependent on residents, commuters, and tourists either ceased operations or relocated to the suburbs, often within the same MSA.
The Hilton Garden Inn hotel brand has debuted in Greece with the opening of its first property on Syggrou Avenue in Athens. The post Hilton Garden Inn hotel brand debuts in Greece appeared first on Hotel Management Network.
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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