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In a statement issued online and sent to members, TheFork has announced it will be discontinuing operations in Australia from 31 March 2024. The statement revealed that TheFork’s local website and app will no longer be active from 31 March in Australia, but will remain fully operational until that date. It also told account members that they have until 31 March to redeem their Yums points and any not used before the date will automatically expire.
Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. Read the first part, here. For the second part, click here. QSRs Shift Focus from Slow-Paced Dining to Swift, Transactional Experiences Quick Service Restaurants (QSRs) are reimagining their dining spaces to prioritize speed, convenience, and personalization over traditional, slow-paced dining experiences.
Ever wondered how hotels effortlessly manage bookings and keep everything in sync? The secret lies in two powerful tools – hotel booking engines and channel managers. While the Property Management System (PMS) also plays a vital role in this choreography, our focus in this blog post will be exclusively on the dynamic duo of booking engines and channel managers as they team up to streamline the booking process, maximize room occupancy, and elevate overall guest satisfaction.
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.
Knowing how to manage hotel group business is a significant step toward your property's success that can positively affect your bottom line. With so many moving parts, choosing a modern property management system will let you easily manage and automate the necessary processes.
Restaurant owners should work to forecast their busy and slow seasons and use these projections to determine whether they are likely to need capital as they transition into their busy season. This can be especially true going into the holidays. Banks have been reducing exposure to small businesses ever since the pandemic, and now with higher interest rates putting pressure on bank deposits and greater regulatory scrutiny, banks are reducing their loan books even more.
When a brewhouse from California’s legendary Russian River Brewing Co. went up for sale, London-based brewer Pete Brown knew he must have it. There were only a few continents and oceans in the way.
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When a brewhouse from California’s legendary Russian River Brewing Co. went up for sale, London-based brewer Pete Brown knew he must have it. There were only a few continents and oceans in the way.
dailypoint™ is proud to announce its recent achievement as the second-best Loyalty Program for Independents globally, as recognized by Hotel Tech Report in the prestigious 2024 HotelTechAwards. This accolade reflects the company's unwavering commitment to excellence in the hotel industry.
What can you do with a property credit? Hotels can enhance the guest experience and encourage added spending thanks to on-property credits. It's an excellent way to offer better services to loyalty program members and promote extra services to diverse guests.
Efficiency is paramount when it comes to your drive-thru service. This crucial aspect significantly influences the financial success of your Quick-Serve Restaurant (QSR) and plays a pivotal role in thriving within a competitive market. With drive-thru sales constituting approximately 70 percent of fast food revenue , worth billions monthly, the speed at which customers navigate your drive-thru not only impacts satisfaction but also determines overall profitability.
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.
Once again, hotelkit has a reason to celebrate with the recognition at the international Hotel Tech Report Awards (HTR Awards). The platform has secured the top position among over 200 hotel technology systems across five categories: Best Staff Collaboration Software, Best Housekeeping Software, Best Employee Engagement Software, Best Hotel Maintenance Software, and Best Hotel Operations Platform.
Mews has been named the Best Property Management System at the 2024 HotelTechAwards. It feels pretty good to type that. Right now, we're experiencing a heady mix of pride and excitement, and we’d love a minute of your time to tell you why.
It doesn’t matter if you have been in the restaurant industry for a decade or are just starting out, running a successful restaurant can be a stressful task. Management takes on multiple jobs throughout the restaurant including hiring, marketing, maintaining the budget, operations and keeping customers and staff happy. When working in a restaurant, management must utilize a variety of skills to run a successful business.
Claire McCracken The 20th century brought dinner parties to the masses, along with some truly unhinged entertaining advice People have gathered together for feasts and other food-centric celebrations since time immemorial, but until about the 20th century, the formal dinner party was largely reserved for royalty and those who could afford to feed lots of guests — and had enough servants to ensure that they were all appropriately taken care of.
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.
Cendyn’s CRS once again ranks #1 in the Central Reservations Systems category on Hotel Tech Report and won the title 'Best Hotel Reservations Systems of 2024’.
It’s no secret that the restaurant industry struggles to retain workers. Many restaurant owners have simply accepted this as a fact of life and figured out ways to cope with a revolving door of employees. However, the most competitive restaurateurs understand that creating staff loyalty is not only good for business but essential for growth. Here are eight ways restaurants can instill loyalty in teams and reduce turnover: Start on the Right Foot Keep Pay Competitive Celebrate Staff Achievements
Well, it’s finally happening. After years of banter, Google began testing a feature called Tracking Protection on Jan. 4. This feature is designed to limit cross-site tracking via third-party cookies. It will be rolled out initially to 1% of all Chrome users, about 30 million people globally, with all users [.
Shutterstock The supplements are just the latest in a parade of products that insist they can heal your gut, reduce gastrointestinal discomfort, and make you an all-around healthier person. But do they work? Even if you don’t spend hours scrolling TikTok like the rest of us, you have almost certainly encountered Bloom Nutrition. The company, founded in 2019 by Mari Llwellyn and her husband Greg Lavecchia , is known for its powdered greens products that promise to infuse your body with nutrients,
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.
For the sixth consecutive year, Cloudbeds has been recognized as one of the industry’s top technology providers by Hotel Tech Report, solidifying its legacy as a leading platform powering more reservations and happier guests for lodging businesses worldwide.
ARLINGTON, Virginia—Knowland released the top market performance numbers for December, citing San Diego as having the highest meeting volume improvement with 29.2 percent year-over-year (YOY) growth. Coming in second was San Francisco, where event volume increased 21.5 percent. San Diego’s healthcare event business segment doubled, and its pharmaceutical/biotechnology events tripled from last year.
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.
The 5-star Barcelona hotel increases guest spend by two-thirds since upgrading and streamlining its mobile ordering capabilities with IRIS’ hospitality app.
DALLAS—G6 Hospitality renewed and expanded its efforts to combat human trafficking and raise awareness around the issue. This month, G6 Hospitality will launch a new version of its training, “The Room Next Door,” a program the company developed to help hotel teams identify the signs of human trafficking in the lodging industry. The training, required at every Motel 6 and Studio 6 location, is aimed at building awareness of the signs and response protocol for […] The post G6 Hospitality Ren
Alison Roman photo Dave Pedley/Getty Images for SXSW; First Bloom produce photos via Facebook. Photo-illustration by Lille Allen/Eater The latest extension of the food personality’s brand is a curated corner store in Bloomville, New York. But what is she selling, exactly? A three-and-a-half hour drive from Brooklyn, and an hour-and-24-minute drive from Hudson, is Bloomville, New York — a hamlet in the Western Catskills with a population of 173 according to the 2020 census, down from 213 in 2010.
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.
Hilton has unveiled LivSmart Studios by Hilton as the official name of its new studio apartment-style, extended-stay hotel brand. Created for the long-stay guest who never stopped traveling, even throughout the pandemic, the brand that was given the working title of Project H3 has received tremendous interest from owners and developers in just six months and currently boasts more than 350 deals in various stages of negotiation, according to the company.
Stephanie Lind, founder of Elohi Marketing Strategies, reveals how consumer concerns over personal health and food waste should impact fast casual brands' menu strategies.
LODGING brings you the third installment of our three-part Ownership Series, providing owner perspectives on various hot topics and industry trends. We speak with Jai Motwani of Hotel Motel Inc. on development and guest service trends in the leisure market. Jai Motwani’s family roots in the South Florida hotel industry have served him well. Back in the 1980s, his father foresaw that the state was poised to become a world-class leisure destination and moved the family […] The post Working t
The photo from the Facebook Marketplace post seems to have been taken on the same rooftop as the Calvin Klein ad | Kate Krupa One lucky person may soon become the owner of the sweat-drenched couch Jeremy Allen White put his butt on in that Calvin Klein ad Last week, Calvin Klein unveiled a sultry underwear ad starring The Bear’s Jeremy Allen White parkouring around a Manhattan rooftop in his bulging white shorts to the tune of “You Don’t Own Me” before collapsing, spent and sweaty, on a couch as
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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