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Traditional hotel management agreements old news in 2024 - Insights - Insights Here are the top four market trends owners and developers should watch in the new year.
Restaurants, cafes, and clubs will soon have to specify the origins of seafood on menus, with the government announcing new measures for the industry. The decision was made last week after a meeting of Consumer Affairs Ministers that has resulted in the introduction of the Australian-Imported-Mixed (AIM) model, which ensures consumers will know whether the seafood they’re eating is from Australia or overseas.
There is more to success in the competitive restaurant business than just great food and service. Cultivating a positive brand image, building customer affinity and differentiating from the competition are essential components of any forward-thinking business strategy. That’s where public relations comes in. PR is all about boosting brand awareness, building positive consumer relationships and maintaining/enhancing your restaurant’s reputation.
Online Travel Agents for hotels or OTAs serve as important distribution channels for hotels. They play a pivotal role in marketing and selling rooms. OTAs are online platforms or websites that sell hotel rooms to customers. They are game-changers when it comes to reaching customers across regions. An excellent marketing strategy incorporates OTAs to boost sales and revenue.
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.
Newly opened Ophelia’s Nashville strives to create a classic Italian cafe vibe while fitting into a vibrant urban streetscape. Located in the heart of the city’s evolving financial district, the 2,700-square-foot neo-Italian establishment reused the existing retail area at the base of the historic L&C Building. Completed by Architect of Record and General Contractor The Bradley Projects and Certified Construction Services, the project uses carefully curated materials including ru
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Newly opened Ophelia’s Nashville strives to create a classic Italian cafe vibe while fitting into a vibrant urban streetscape. Located in the heart of the city’s evolving financial district, the 2,700-square-foot neo-Italian establishment reused the existing retail area at the base of the historic L&C Building. Completed by Architect of Record and General Contractor The Bradley Projects and Certified Construction Services, the project uses carefully curated materials including ru
If you haven't yet embraced hotel digital transformation, now's the time. The benefits range from enhancing the guest experience to making the operational processes smoother and more streamlined. The more you can incorporate digital tools into your business, the better for everyone involved.
By investing in a data-driven POS platform, restaurant operators can address labor challenges, fine-tune their stock management, design promotions based on current trends, reduce human error and more. Recent findings reveal that researching a new POS for implementation after 2023 is a priority for 43 percent of restaurants , with 29 percent hoping to upgrade their POS for better omnichannel integrations.
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.
After the success of the Bar Red pop-up for Negroni Month back in September, Sydney’s The Dolphin has announced it will become a permanent fixture for the venue. The bar-inside-a-bar concept will be located in the venue’s former Wine Room, and will be held every Thursday to Saturday evening. The Bar Red menu will feature a range of tipples including a Tiramisu Negroni, Banofee Pie Old Fashioned, Wild Strawberry Americano, Raspberry Beret Negroni, and Delfino Sgroppino Spritz.
A quality cost segregation study looks at all of the real property improvements associated with your golf course, golf resort or golf community and reclassifies much of that property into shorter tax-lived 5 and 15-year property.
Grey Goose The Sliv Queen herself on boring kitchenware, easy martinis, and whether or not her iconic cooking show will ever make a comeback In her more than 20 years in the public eye, Paris Hilton has been a lot of things. Among them, a notorious party girl, a fragrance mogul, and the original influencer. But now she’s establishing herself in an entirely different lane: your home kitchen.
The hotel business is an ever-evolving industry. That’s why as a hotelier, it’s crucial to always be striving for a better guest experience. Keep ahead of the game by adopting the newest technological developments. Keyless entry has already replaced traditional keys and plastic key cards in many hotels around the world.
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.
The historic Dry Dock pub in Sydney’s Balmain reopens to the public today after undergoing an extensive renovation. The heritage-listed venue was acquired by James Ingram and Mike Everett of newly formed group Peninsula Hospitality back in 2021, with the pair aiming to restore the establishment to its former glory. H&E Architects, CWF Constructions, and Bianca Isgro worked together to transform the pub while honouring its roots, creating a space that has room for 330 patrons.
2024 is shaping up to be a year of substantial and exciting change—and the best way for hoteliers to take advantage of that change is to start thinking now about what’s likely to come in the year ahead.
Lille Allen/Eater Some people apparently don’t have anything better to do than criticize the ‘Great British Bake Off’ judge for simply existing Just because humanity has evolved enough to develop the internet doesn’t mean we’re responsible enough to have it. The vitriol of Great British Bake Off clickbait (further) proves that. It came for GBBO when it switched from the BBC to Channel 4, losing Mary Berry and original hosts Sue and Mel in the process.
As in every other industry, Artificial Intelligence has many hospitality recruiters on the edge of their seats. How can this technology be utilized? How will this technology change the industry? Will it replace certain roles? Our recruiting team has already discovered ways to leverage AI to research markets, build prospective candidate lists, efficiently catalogue candidate resumes, and streamline mundane administrative tasks.
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.
After a three-year closure, the Southern Gold Coast’s much-loved Kirra Beach Hotel has reopened this week. The opening comes after the announcement back in September that revealed the pub will be part of the new Kirra Point precinct. The Kirra Beach Hotel is located on the ground floor, corner position on Marine Parade and Miles Street and hosts a beer garden, bistro, public and sports bar, kids area, and boutique bottle shop.
Atomize, today announced that the Atomize Revenue Management Software is one of the first RMSs now available on Oracle Cloud Marketplace and can be integrated with Oracle Cloud Infrastructure via Oracle Hospitality Integration Platform (OHIP). This integration enables hotels using Opera Cloud to leverage Atomize’s AI-driven pricing technology for enhanced revenue management.
Justin Sullivan/Getty Images Starbucks, McDonald’s is coming for you By all accounts, McDonald’s is doing just fine. The fast food behemoth’s sales have been great , with price increases adding to its bottom line. But McDonald’s is also. McDonald’s. It’s just there. Aside from some collaborations with celebrities and the occasional introduction of a new sandwich or sauce, it mostly serves as the unchanging standard against which all other fast food is measured.
It’s a very interesting time to run a serviced apartment or aparthotel brand. This type of blended accommodation sits right in the sweet spot of the demand for longer, more flexible stays and the emergence of technology that enables streamlined operations.
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.
Sydney wine bar Beau has released a new menu just in time for summer. Nomad Group opened the Surry Hills venue last year, which is a sibling concept to flagship Sydney restaurant Nomad. Now, Group Executive Chef Jacqui Challinor has worked alongside Head Chef Troy Spencer to launch new plates and mark a fresh chapter for Beau. “My food starts from the classics.
LODGING brings you the first installment of our three-part Ownership Series, providing owner perspectives on various hot topics and industry trends. We speak with J&P Asset Management about best practices and trends in the extended-stay segment. Look for the second article next month, offering advice on the conversion process. The third installment will focus on development and guest service trends in the leisure market.
Zipporah Films In “Menus-Plaisirs — Les Troisgros,” Frederick Wiseman turns his attention to fine dining at three-Michelin-starred restaurant Troisgros None of the cinematic tropes that have come to define today’s food documentaries — sweeping pans, glistening surfaces, a climactic symphony of strings — are present in Menus-Plaisirs — Les Troisgros , a spellbinding new four-hour documentary about the three-starred Michelin restaurant Troisgros.
There are many factors that drive the bottom line for restaurants and properly managing maintenance is chief among them. Maintenance impacts multiple critical aspects of restaurant management and operations. Restaurant maintenance ensures technical difficulties don’t compromise food production and quality. Proper maintenance is also essential to customer satisfaction, retention, and word-of-mouth reputation building.
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.
Running a hospitality business comes with plenty of challenges, particularly after the pandemic and in the midst of a cost-of-living crisis. But there are many venues across the country that have survived myriad ups and downs to cement themselves as foundational establishments in the communities they operate within. But just how have they done it? Hospitality speaks to Almay Jordaan from Neighbourhood Wine, Yanan Zhou from Oriental Teahouse, and Simon Tebbs and Tom Deadman from Bistro Moncur abo
Unlike building security, cybersecurity is an area where criminals are continually finding new technological means to their ends. Thus, hotel operators must stay up to date on best practices to fend off data theft. “Cyber threats are continuously evolving,” said Brian Cornell, chief information officer at Concord Hospitality, which manages nearly 150 hotels.
With themes from outer space to “a tiki bar in hell,” today’s tropical bars are shedding the appropriative iconography of earlier eras to immerse us in entirely new, weirder worlds.
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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