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In the modern dining landscape, where convenience and customer experience are paramount, restaurants increasingly rely on electronic payment systems to facilitate transactions. However, behind the scenes, interchange fees play a crucial yet often overlooked factor in shaping these establishments' financial health. These fees, charged by credit card companies to process transactions, can profoundly impact restaurants of all sizes.
Burnout and alcoholism are hospitality's double-edged sword and fighting them is all about reclaiming control and balance. Are are some tips from a survivor.
Westholme Wagyu has joined forces with renowned Sydney-based hospitality group Applejack to present three events across Sydney in October and November. The restaurant series, Flavour and Forage, will take place at Bopp & Tone on Sunday 27th October, The Butler on Wednesday 30th October, and Rafi, Urban Surf on Thursday 14th November. The chefs will have independent creative control over their dishes, allowing for the creating of three bespoke menus that aligns with their restaurant’s cuisine
Chopin Vodka is entirely family-owned and operated “There’s so much written about wonderful wines, and scotches, and tequilas, and rums, and not very much about vodkas,” says Tad Dorda, founder and CEO of Poland’s Chopin Vodka. “Why don’t we start talking about the biggest distilled spirit in the world?” The process of making vodka starts, of course, with the humble potato.
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.
An historic cobblestone path welcomes visitors to Prefecture 48. Facing the street on one side of the entrance is Dear Florence, a patisserie led by a multi-award-winning pastry chef. On the other side of the impressive timber door is Ibushi, a buzzing robata-style grill with low lighting that promises good music all night long. These are just two of six Japanese-inspired venues which Azabu Group has opened under one heritage-listed roof.
Sabre Hospitality, a division of Sabre Corporation, a leading software and technology provider that powers the global travel industry, is now the primary reservation platform for LOTTE HOTELS & RESORTS.
Byron Bay has welcomed new seafood destination Byron Bay Oyster Bar & Seafood Restaurant, which landed at Hotel Marvell last week. The venue was inspired by oyster-driven concepts found in New England and New York, and has delivered a unique seafood-led experience to both locals and visitors of the picturesque area. There’s no doubt oysters form a significant part of dining here, and no expense has been spared.
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Byron Bay has welcomed new seafood destination Byron Bay Oyster Bar & Seafood Restaurant, which landed at Hotel Marvell last week. The venue was inspired by oyster-driven concepts found in New England and New York, and has delivered a unique seafood-led experience to both locals and visitors of the picturesque area. There’s no doubt oysters form a significant part of dining here, and no expense has been spared.
SABA Hospitality is excited to announce the launch of its revamped Digital Compendium module, a significant enhancement designed to elevate the guest experience in the hospitality industry.
In the ever-evolving world of hospitality, Guy Ivesha, CEO and founder of the innovative workspace and lifestyle concept Maslow’s, is pioneering a new approach to how we think about work, wellness, and luxury. With traditional boundaries between professional and personal life continuing to blur, Maslow’s offers a fresh, hospitality-led model that blends coworking spaces with the atmosphere and amenities of a boutique hotel.
Ever since World Mental Health Day was first established in 1992, industries across the globe have embraced the occasion to raise awareness and foster open discussions about mental well-being. Every year, on 10 October, organisations dedicate time to addressing the importance of mental health—and the hospitality sector is no exception. With its high-pressure work environment and constant customer interaction, hospitality is one of the industries where mental health challenges are particularly p
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.
Tribute Portfolio, part of Marriott Bonvoy’s global portfolio of over 30 extraordinary hotel brands, today announced the opening of The Link Seoul, a Tribute Portfolio Hotel in the dynamic district of Sindorim in Seoul.
Jason Rusk gave the keynote address at the Fast Casual Executive Summit in Denver Aug. 13. Rusk spoke about the rapidly evolving world of fast-casuals, and how innovation is paving the way for great things in the industry.
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.
STAAH, a leading software provider for hotel distribution and guest acquisition, and Welcome Pickups, a forever-free software that automates guest pickups and transfers, are excited to announce a strategic partnership to enhance the guest experience for connected properties. The partnership enhances STAAH ’s value proposition by providing hotels with a trusted, globally recognised transfer service that more than two million travelers worldwide already love.
Crowne Plaza Shanghai Xiayang Lake and Crowne Plaza Shanghai Anting of IHG Hotels & Resorts (IHG) shined as the designated hotels for the 2024 Tour of Shanghai New Cities.
Where Google started as a simple search engine, Guestline started as a PMS. Fast-forward 20 years and both have diversified to a portfolio of complimenting and integrated solutions to drive and power businesses and experiences. As part of the Access Hospitality family, Guestline is today much more than a PMS; it provides hoteliers with a multitude of ways to reignite hospitality and inspire organisational change.
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.
Villa Le Corail, A Gran Meliá Hotel, the five-star seafront sanctuary on Vietnam’s central coast, has embarked on a meaningful project that will restore, rehabilitate and regenerate Nha Trang Bay’s coral reefs for many years to come.
ATLANTA, Georgia—Peachtree Group announced that its credit team has surpassed $1 billion in loan originations year-to-date, marking a milestone and setting a new benchmark for the firm’s performance. The firm anticipates that its credit team will surpass $1.75 billion in loan originations in 2024. “While the Federal Reserve has lowered rates to provide some relief to the overall economy, the commercial real estate sector will continue to face significant headwinds over the next few years,”
Rising above the steel-blue waters of the Caspian Sea, Kempinski Residences Bayil Bay will become the most coveted address in the Azerbaijani capital when it opens in 2025. Behind a modern, undulating façade inspired by the gentle movements of the waves, this architectural marvel will be home to 37 elegantly appointed private residences, providing a stylish base for owners and investors looking for a home in Baku.
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.
During a Fireside Chat at The Lodging Conference, Marriott International president and CEO Anthony Capuano shared his experiences at the helm of the company for the last several years, offering details on everything from the COVID crisis to the devastating wildfires in Maui last year and more. Interviewed by Greg Dickhens, managing partner, Trinity Investments, Capuano—who celebrated 30 years with Marriott in February— shared a wide range of insights with the nearly 3,000 attendees.
Accor, a global leader in hospitality, has announced a landmark signing to introduce its flagship premium brand, Pullman, to the heart of Tokyo’s upscale Ginza district. The signing of Pullman Tokyo Ginza further enhances Accor’s premium offerings in the country. The hotel is set to open in late 2027, offering a blend of modern comfort, immersive design, and pioneering experiences tailored to both business and leisure travellers.
Small Luxury Hotels of the World (SLH), renowned for its characterful portfolio of luxury boutique hotels, today announced a revamped, newly named loyalty programme, SLH Club, and an eagerly anticipated mobile app featuring new customer magazine, Swoon by SLH.
Mercure, a locally-inspired brand from Accor, announces its debut in Oman with the soft opening of Mercure Muscat. The hotel captures the essence of local exploration and authentic Omani hospitality.
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.
Master Planning, a 99 Ha large-scale estate in Indonesia, is a complex and ambitious undertaking requiring careful consideration, planning and financial backing.
A high-profile Sydney restaurant group will face the Fair Work Ombudsman in court over accusations of underpayments. It’s alleged two workers were underpaid while working at Metisse restaurant, which was formerly operated by Metisse Bar and Restaurant Group Pty Ltd. The company’s sole director is chef and restaurateur Opel Khan, who told Good Food last week he was bowing out of the restaurant sector for the most part, closing Bistronomie in Surry Hills as well as Acqua E Farina, leav
Newport is proud to announce the acquisition of management responsibilities for the Wingate by Wyndham Altoona Downtown/Medical Center and Microtel by Wyndham Altoona, effective October 1, 2024. This strategic addition to Newport’s portfolio reflects the company’s commitment to delivering unparalleled hospitality experiences and investing in properties that offer value to both business and leisure travelers.
Buxton Crescent, the luxury Peak District hotel with a spa and wellness centre, has appointed Stephen Ewing as deputy general manager. Ewin will be supporting general manager Deirdre Billing at the 81-bedroom Buxton Crescent hotel and spa, as well as the nearby sister property The Old Hall Hotel. He will work with the existing management team to develop all operational aspects of the property across the spa, F&B and Front of House whilst supporting Billing and her vision for the hotel.
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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