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Adopting cryptocurrency should align with your overall business goals and strategies. It’s not a one-size-fits-all solution, but with the right approach, it can be a significant addition to your hotel’s payment options.
There is fierce competition among resort owners, and each resort strives to increase revenue. To make people aware of your resort, you must make sure you promote your resort accordingly. By promoting your resort, you can attract more guests.
Acclaimed culinary figure Clayton Wells has officially joined Public as the hospitality group continues to recruit some of the industry’s most talented chefs. Wells was the force behind Sydney fine diner Automata until its closure last year , with the chef saying he was “looking forward to challenging myself the way I have co-owning and operating Automata” after seven years.
BHN speaks to Equinox Hotels ’ CEO Chris Norton, and Shafi Syed, global head of development and acquisitions, to learn more about how guest needs are influencing brand value, identity, and offerings, the intersection of technology and luxury hospitality, and how Equinox is navigating development challenges. Filmed at the International Hospitality Investment Forum ( IHIF ) at the InterContinental Berlin.
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.
Top review sites continually make massive efforts to reduce the number of fake or malicious reviews and hoteliers and guests can also play a role in attempting to curb this ongoing problem.
Glamping is a hot trend today. Operating a campsite is no easy job - there are tons of steps and guidelines to follow. Plus, you need a license now. But, the revenue it brings is certainly irresistible. This brings up the question, would you get a glamping license?
We always make sure our pastas are made fresh at The Dolphin Hotel. You can use dried pasta, but the difference between fresh and dried is night and day. The fresh pasta soaks up more of the flavour, thickens the sauce easier, and has a much better mouthfeel. We use confit garlic in 90 per cent of our pasta dishes as it takes away the issue of burning and making the dish acrid.
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We always make sure our pastas are made fresh at The Dolphin Hotel. You can use dried pasta, but the difference between fresh and dried is night and day. The fresh pasta soaks up more of the flavour, thickens the sauce easier, and has a much better mouthfeel. We use confit garlic in 90 per cent of our pasta dishes as it takes away the issue of burning and making the dish acrid.
In February 2023, our Revenue Management Solutions (RMS) data analytics team advised on the benefits of attracting and keeping frequent diners. According to our Q1 2023 survey , frequent users were not just visiting QSRs; they planned to keep visiting. These raring-to-dine customers were twice as likely as other respondents to increase their future visits.
By shifting the focus to the contribution, which is the revenue minus the cost of customer acquisition cost (CAC), hotel executives can achieve a higher level of profitability and efficiency.
UK: Irish hotel operator Dalata Hotel Group has acquired the long leasehold interest of the Apex Hotel London Wall from Apex Hotels Limited for £53.4 million. 107 years remain on the lease and the transaction is expected to complete in early July 2023. Apex Hotel London Wall offers 89 bedrooms and suites, a gym, ground floor lobby and a restaurant and bar.
Acclaimed culinary talent Shayne Mansfield has taken over the Jana kitchen as head chef. The restaurant opened inside the new QT Newcastle hotel last year, with Mansfield part of a new chapter for the local produce-led eatery. Mansfield’s approach to cooking largely evolves around sustainability and waste-minimising practices, which he has integrated across a revised menu.
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.
By now, loyalty programs have shifted from a “nice-to-have” to a “need-to-have” for restaurants looking to retain customers and drive revenue amid record inflation figures and increased prices. In fact, research from Accenture found that more than 90 percent of companies have some sort of loyalty program. Although the development and implementation of loyalty programs have become increasingly popular, they still have a widespread reputation as generic, focusing more on ma
A strong hotel brand identity plays a key role in attracting customers and building customer loyalty in this highly competitive hospitality industry. This blog presents key factors involved in creating a compelling hotel brand identity that will help you resonate with your target audience and set you apart from the competition. Define Your Hotel’s USP: The first step in creating a strong hotel brand identity is identifying your unique selling proposition (USP).
Johann Vanier has joined The Langham team after working across Michelin-starred venues in France, and more recently at Sydney’s Public Dining Room and De Toni Patisserie. Vanier will be showcasing his French roots with the new Taste of France afternoon tea experience set to launch on 1 June. Held in the venue’s Palm Court, the afternoon tea will feature four sweet and savoury desserts starring local Australian produce with skilful French techniques.
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.
Summer hiring is in full swing, and many restaurants are struggling to navigate one of their busiest seasons of the year while dealing with ongoing labor shortages and a volatile economy. Turbulent times call for creative solutions, so focusing on efficiencies and making investments in your staff are the best areas to tackle when it comes to running a restaurant this summer.
Introducing the next generation of BOOK ME BOB, a revolutionary hospitality-focused Artificial Intelligence Digital Assistant platform that integrates ChatGPT to empower operators. Integrating ChatGPT functionality with proven industry-focused digital solutions, customer-centric AI experiences and decades of expertise, and you get the newest solution in the growing Myma.
UK: Marking the ninth hotel in the city of London for Hyatt , the 204-room Regency London Blackfriars has opened. Housed in a Grade II-listed building on the former grounds of King Henry VIII’s Bridewell Palace, Hyatt Regency London Blackfriars has been designed by THDP. It features 204 rooms and suites, three food and beverage venues, a fitness centre and three meeting and event spaces.
There is fierce competition among resort owners, and each resort strives to increase revenue. To make people aware of your resort, you must make sure you promote your resort accordingly. By promoting your resort, you can attract more guests.
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.
Now that temperatures have officially warmed up, consumers are more eager than ever to dine outside and on-premise. Although restaurant operators are no strangers to this shift in behavior, what they may be overlooking is the chance to leverage one of summer’s biggest revenue driving celebrations – Father’s Day. According to the National Retail Federation , consumers spent approximately $20 billion in 2022 on this annual day dedicated to Dad and it was celebrated by nearly 76 p
Beyond providing a cozy bed, hotels should now prioritize mental health and community, an increaslingly important part of the modern hospitality industry.
Hostel data and analytics can be powerful tools for enhancing revenue. Collecting and analyzing guest data, such as booking patterns and market trends, gives hostels valuable insights. It can inform pricing strategies and marketing opportunities while improving operations. Guest data reveals more about the customer journey and how to reach your guests.
Spain: Hospitality company IHG Hotels & Resorts has signed the Kimpton Los Monteros Marbella, housed in the former Hotel Los Monterros Spa & Golf Resort. Kimpton Los Monteros Marbella will be operated by IHG under a hotel management agreement with Monterotel SL, owned by the JV of Bain Capital and Stoneweg which acquired the Hotel Los Monterros Spa & Golf Resort in 2022.
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 number of cooks and chefs employed in the U.S. has reaches an all-time high, according to a Chef's Pencil's report based on the latest Occupational Employment and Wage Statistics data released by the Bureau of Labor Statistics at the end of April 2023. Key takeaways include: Employment in the Food Preparation and Serving category is down seven percent compared to pre-pandemic levels, and recovery is very uneven within the professional groups.
UNWTO has partnered with Les Roches Global Hospitality Management School to support tourism startups in embracing innovation and accelerating their shift to greater sustainability.
The Fair Work Ombudsman has faced the former operator of a Melbourne juice and coffee bar in court for a second time after the business refused to issue $14,000 in JobKeeper payments to an employee. A compliance notice was first issued to Rika Foods North Melbourne Pty Ltd in November 2021 by Fair Work inspectors after the affected worker requested assistance.
USA: Hospitality owner, developer and operator Dovetail + Co has launched its second Wayfinder property , located in Honolulu at Ala Wai Boulevard in Waikiki. Wayfinder Waikiki, managed by Springboard Hospitality, features 228 rooms, three F&B venues, and a 70-foot saltwater pool. The interiors of the property have been led by Honolulu-based design studio, The Vanguard Theory.
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.
Now that temperatures have officially warmed up, consumers are more eager than ever to dine outside and on-premise. Although restaurant operators are no strangers to this shift in behavior, what they may be overlooking is the chance to leverage one of summer’s biggest revenue driving celebrations – Father’s Day. According to the National Retail Federation , consumers spent approximately $20 billion in 2022 on this annual day dedicated to Dad and it was celebrated by nearly 76 p
Hyatt Hotels Corporation (NYSE: H) announced today the opening of Hyatt Regency London Blackfriars. Marking a key milestone in Hyatt’s strategic brand growth in the UK capital, the 204-room hotel is the 14th property in the country, demonstrating the United Kingdom as a priority growth market within Hyatt’s diverse and evolving brand portfolio. In the last five years, Hyatt has increased its brand presence in the UK from five to 13 properties, with six of those based in London.
The tomatillo ( Physalis ixocarpa ) is an indigenous ingredient used widely in Mexican cuisine. It’s now beginning to appear in the Australian market and its arrival is a welcome sight. The ingredient is much-loved in other parts of the world, but has remained relatively unknown in Australia until now. Domesticated by the Aztecs in the eighth century, tomatillos are a small green fruit encased in a papery husk.
APAC: Bed and mattress brand Emma – The Sleep Company has revealed it will open two dedicated sleep hotels in Sydney, Australia and Taipei, Taiwan. The Emma Sleep Hotel in Sydney features 10 custom designed suites to promote quality sleep. Amenities include sleep assistance packs, an evening turndown service, a room service menu offering guided meditation or a bedtime story, as well as Emma mattresses and beds.
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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