March, 2023

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8 hotel marketing priorities for 2023

eHotelier

The sooner you identify and plan for the major trends and changes in the industry, the better chance you'll have to improve your guests' experience, drive direct bookings, and succeed in 2023.

Marketing 315
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State of the Industry and More Restaurant Research

Modern Restaurant Management

In a State of the Restaurant industry report, the Natiional Restaurant Association sees a return to normal with predicted sales growth in 2023. Other top research lists how impactful the Super Bowl was for restaurants, the state of gift cards and top pizza cities. A Return to Normal The National Restaurant Association released its 2023 State of the Restaurant Industry report, which examines key factors impacting the industry including the current state of the economy, operations, workforce, and

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Lord, We Are Doing the Double Down Again

EATER

The Double Down. | KFC KFC is bringing back its breadless fried chicken sandwich, and it’s 2010 all over again The Double Down was meant to sound like a prank. KFC first announced the sandwich, featuring bacon, cheese, and sauce held between two fried chicken filets, on April Fool’s Day in 2010. It was real and went on to become legendary in its absurdity and decadence.

Pricing 145
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Raines acquires HP Hotels

Hotel Business

Raines , a fully integrated hotel development, management and investment company, has acquired HP Hotels , a full-service, third-party hotel management company, resulting in operational expansion throughout the Southeast and Southwestern U.S. The financial terms of the transaction are not being publicly disclosed. “Assets alone will not get Raines to where it needs to be as a company,” said Grey Raines, managing partner, Raines.

Marketing 124
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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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.

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How Hotels Can Differentiate Themselves From Short-Term Rentals and Gain Market Share

Lodging Magazine

Years ago, low interest rates inspired many people to buy homes and turn them into short-term rentals through platforms like Airbnb. As the short-term rental model rose in popularity, it created extra competition for hotels. Now that people are traveling more post-COVID, how can hotels differentiate themselves from short-term rentals and regain market share?

Marketing 118

More Trending

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Bernard Hartzenberg appointed Executive Chef at Shinta Mani Wild

eHotelier

David Steyn, General Manager of Shinta Mani Wild has announced the appointment of Bernard Hartzenberg as Executive Chef for the all-inclusive luxury tented camp in the jungle of the South Cardamom National Park in Cambodia.

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What Do Guests Think About Dynamic Pricing?

Modern Restaurant Management

Dynamic pricing would add friction to the guest experience, according to Capterra’s 2023 Dynamic Pricing in Restaurants. Sixty-five percent of consumers say dynamic pricing would make the decision of where and when to eat more difficult; 63 percent say it would make it harder to budget their restaurant spending. The research indicates consumer sentiment on dynamic pricing is overwhelmingly negative, and that most customers are unlikely to utilize it in a way that benefits restaurants.

Pricing 198
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I’ve Had It With Stunt Ice Cream Flavors

EATER

Carrot cake and strawberry shortcake are perfectly lovely ice cream flavors. But ranch? Not so much. | Van Leeuwen The latest wave of pop culture-inspired collaborations leaves me with one question: What if we didn’t? Too often in human history (and in Jurassic Park ), we ask ourselves, “Can we?” when the real question worth asking is, “Should we?” Little else embodies this sentiment better than what is currently the bane of my existence as a person with taste buds: the latest wave of attention-

Marketing 125
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Hospitality sector faces £7.3bn increase in energy bills

Hotel Owner

Recent analysis conducted by UKHospitality shows that energy costs for the hospitality sector are set to be £12bn higher than prior to the energy crisis. The government is set to introduce the Energy Bill Discount Scheme from tomorrow (1 April) which will replace the current Energy Bill Relief Scheme while providing discounts to eligible non-domestic businesses.

Pricing 119
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Food & Beverage Industry Report 2024

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.

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How to use Artificial Intelligence in the Hospitality Industry

Revfine

As computer technology has advanced, artificial intelligence has become more reliable, enhancing its standing within the business world. Indeed, hospitality companies are increasingly using AI to carry out customer service tasks, which are especially important within hotels and resorts. In this article, you get a closer look in which way artificial intelligence is revolutionising the The post How to use Artificial Intelligence in the Hospitality Industry appeared first on Revfine.com.

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Starting Young

Lodging Magazine

What initially inspired you to get into the hospitality business? Having the opportunity to make people feel home away from home. At a young age I knew the hospitality industry was the career path for me. Coming from Caribbean roots hospitality has always been more than a driver for a growing economy, it’s also been a cultural bridge. Hospitality allows us all to share and learn from each other mending the gaps in our differences. […] The post Starting Young appeared first on LODGING Magaz

Magazine 115
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Why hotels benefit from a proactive approach to reputation management

eHotelier

It’s now possible for hotels to use digital communications technology to intercept guest requests and reviews as they appear. Hoteliers can use this technology to shape their reputation rather than allowing third-party review sites to define them.

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SEO for Bars and Restaurants

Modern Restaurant Management

If you run a bar or restaurant, you already know how important it is to have an online presence. But having a website or social media page isn't enough anymore. In today's competitive market, you must ensure your business can be easily found online. That's where SEO (Search Engine Optimization) comes in. Here are ten reasons why your bar and restaurant needs SEO: Boost Your Online Visibility Put your business on the map with SEO!

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Why Every Small Business Needs an HCM Solution: A Comprehensive Guide

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.

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How Cookie Jars Capture American Kitsch

EATER

Cookie jars from CB2, BBC Ice Cream x Todd James, Supreme x Pillsbury, World Market, Hazy Mae, Williams-Sonoma, and Modigliani. | Lille Allen/Eater The cookie jar continues to be a vessel for cheeky self expression, if not for cookies themselves Recipes, money, written affirmations, and receipts. That’s what Hazy Mae keeps in her ceramic cookie jars.

Pricing 121
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Hospitality needs to inspire the next generation to thrive

Hotel Owner

The last few years have certainly been challenging for the Hospitality sector and with rising utility bills, a cost-of-living crisis, supply chain issues and staff shortages, it doesn’t appear as though the next 12 months will prove to be that much easier. However, with a challenge comes opportunity, and for hospitality leaders with a ‘glass half-full’ approach, there is certainly much to gain during 2023 – particularly when it comes to inspiring the next generation of talent.

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HB Exclusive: Wyndham partners with Minor League Baseball

Hotel Business

Wyndham Hotels & Resorts has stepped up to the plate and entered into a new multi-season partnership with Minor League Baseball. The deal makes Wyndham the Official Hotel Partner of Minor League Baseball (MiLB) with its loyalty program, Wyndham Rewards, becoming MiLB’s Official Hotel Loyalty Partner. “It could not be a better match of a partnership for Wyndham Rewards and our everyday traveler,” Dana Rosenberg, SVP, marketing, Wyndham Hotels & Resorts, told Hotel Business.

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AI Plus: Is A Hybrid Model the Way Forward?

Lodging Magazine

AI, or artificial intelligence, is all the talk these days. It is quickly becoming part of how we do business. For hoteliers, the question is how to leverage AI for the best results. The post-COVID travel boom combined with labor shortages has created a staffing crisis in the industry. Further, more customers want to be able to reach you on any channel—email, voice, text, social media, and chat.

Magazine 115
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Best Practices to Streamline Compensation Management: A Foundation for Growth

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.

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What is the optimal distribution mix in a hotel?

eHotelier

Every hotel has an optimal distribution channel mix – meaning that channels are selected and managed in such a way that they will drive optimal profitability for the hotel in the long run.

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How to Analyze Restaurant Financial Statements and Identify Growth Opportunities

Modern Restaurant Management

Restaurant financial statements are an untapped source of potential growth. After all, they are made up of data, and you can use data to drive improvement. How do you determine which data to look for to optimize your statements? How to Analyze Different Restaurant Financial Statements To help you make the most of your restaurant financial statements, let’s break down how you should approach a few different types.

Document 195
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The 5 Questions to Ask to Get a Better Restaurant Meal

EATER

Photo-illustration by Eater Or, how to dine out like an absolute pro The world of dining and drinking is an obstacle course wrapped in a labyrinth wrapped in a logic puzzle — it’s full of pitfalls, gray areas, and bewildering questions that really shouldn’t even be questions (How do I find the bathroom?) and yet, somehow, are. Fortunately, your friends at Eater are here to help: Life Coach is a series of simple guides to the arcane rituals of modern dining.

Server 119
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Motel One sees revenues surge to €639m

Hotel Owner

International hotel group, Motel One, has revealed its FY22 revenues surged to €639m (£ 561.9m), up €238m (£209m) in 2021, thanks to the addition of eight new hotels to its portfolio. Last year, the Motel One Group revealed its best quarterly result in the company’s history, with 2022 Q3 results showing a revenue increase of nearly 40% from pre-Covid (2019) to €202m (£177m).

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Business Automation in Hospitality: A New World

Dive into the transformative potential of business automation within the hospitality sector. This comprehensive overview showcases how innovative technologies can streamline operations, reduce costs, and elevate guest satisfaction. Discover the advantages of integrating systems like automated check-ins, CRM, and energy management to not only save on expenses but also to provide a seamless and personalized guest experience.

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8 restaurant tech trends you can’t Ignore in 2023

Fast Casual

Jenifer Kern highlights eight trends that restaurant operators need to embrace in a rapidly progressing digital world where efficiency is no longer an easy equation.

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Moxy Williamsburg Opens, Becomes the Brand’s First Hotel in Brooklyn

Lodging Magazine

Moxy Williamsburg debuts as the brand’s first hotel in Brooklyn with interiors by BASILE Studio in collaboration with Lightstone Design Studio and four new dining and drinking venues from Bar Lab Hospitality. Williamsburg is a fitting location for Lightstone’s collection of Moxy Hotels, part of Marriott Bonvoy’s portfolio of hotel brands. “Moxy embraces being bold through authentic self-expression and Moxy Williamsburg is the perfect place for free-spirited travelers to live in the moment and do

Magazine 115
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How to increase direct bookings through personalization with Juanjo Rodriguez

eHotelier

In this episode, we discuss how to use personalisation on your website to increase direct booking conversion. My guest is Juanjo Rodriguez, founder and CEO of technology company The Hotels Network.

Book 289
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Protect Your Restaurants from Invoice Fraud through Technology

Modern Restaurant Management

In this time of economic insecurity, payments fraud has the potential to hit businesses harder than ever before. Currently, the average US business is losing $300,000 to payments fraud each year according to the latest Financial Census , a study which surveyed 2,750 senior finance executives across the globe – 15 percent of whom work in the retail, catering and leisure industry.

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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.