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Business agility is a requirement for survival and growth in today’s market competition. Along the same lines, modern data management practices are at the core of gaining the much-desired agility for any organization to respond timely to changes in markets or operational challenges. Effective data management empowers an organization toward improved decision-making, rationalization of processes and innovation.
BizCover has crunched more than a year’s worth of Google searches to find out Australia’s most in-demand cuisines. Japanese is the most popular cuisine across every state except for South Australia, which favours Italian. Overall, Japanese and Indian were the two most-searched-for cuisines, followed by Italian, American, Chinese, Turkish, Thai, Vietnamese, English, and Spanish.
Google’s I/O Conference on May 14th proves they’re taking generative AI seriously. In addition to the introduction of Gemini this year, they’ve also developed a range of AI features that will be integrated into standard Google searches. With Google committing to the AI project, the technology is likely to advance quickly and will present significant opportunities for business owners who are able to get ahead of the curve.
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.
State-of-the-art booking engines for hotels can equip your arsenal with the insights and foresight you need to ensure that your offerings are in line with the expectations of the potential guests.
Sydney restaurant Alegre has debuted a new menu that’s the work of owner/chef Rasel Zaman and sous chefs Alvaro Valenzuela and Ivan Castillejos. The trio have focused on infusing Mexican and native Australian flavours into dishes that reference the food they grew up eating back home in Mexico. “Growing up in Tlalpan, Mexico City, I cherished the countless hours spent cooking with my grandfather and mother,” says Castillejos. “We focused on traditional Mexican dishes such
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Sydney restaurant Alegre has debuted a new menu that’s the work of owner/chef Rasel Zaman and sous chefs Alvaro Valenzuela and Ivan Castillejos. The trio have focused on infusing Mexican and native Australian flavours into dishes that reference the food they grew up eating back home in Mexico. “Growing up in Tlalpan, Mexico City, I cherished the countless hours spent cooking with my grandfather and mother,” says Castillejos. “We focused on traditional Mexican dishes such
Personalization is key to successful loyalty programs, according to the 2024 Paytronix Loyalty Trends Report. "Top performers are personalizing and using data to segment their customer database," Kristin Lynch, Senior Director of Restaurant Strategy for Paytronix Systems. "They are differentiating, delivering an emotional connection and recognizing their most valuable customers." Lynch has more than 20 years’ experience managing large CPG and retail brands in marketing and
By combining modern technology with an analytical mindset, you can refine your operations, target high-performing markets, and realign your offering with consumer demands to achieve sustained revenue growth.
New figures from CreditorWatch’s June Business Risk Index paint a grim forecast for hospitality operators, with 1 in 11 businesses predicted to fail in the next 12 months. The business failure rate has increased by 8.8 per cent across all industries in the last year, but the figures relating to the hospitality sector are particularly harsh. The hospitality business failure rate is forecasted to rise from 7.5 per cent to 9.1 per cent.
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.
Across America, today's fast-paced restaurant work environment, burnout has become a critical issue that large corporate restaurants and mom and pop shops share in common. These organizations must address the burnout environment to maintain a healthy and productive workforce. Managers play a pivotal role in either fostering a positive service industry culture or contributing to burnout.
The Michelin Guide to Texas, from the international restaurant, the international restaurant review system that awards restaurants with stars, is coming to Texas for the first time ever in 2024, with star ratings for restaurants in Austin, San Antonio, Houston, Dallas, and Fort Worth.
Allara Global is the official training partner of Food & Beverage Media Solotel is not just serving up exceptional experiences for guests, but also investing heavily in the growth and development of its staff. Their innovative approach to training and development is not only boosting employee satisfaction and retention but also setting a new benchmark for the industry.
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.
In the fast-paced world of fast food, integrating Artificial Intelligence (AI) has been a topic of heated discussion, especially with giant brands adopting (…or, ahem, dropping) this new technology to enhance customer experience and operational efficiency. According to a National Restaurant Association report , 16 percent of restaurant operators plan to invest in AI integration (including voice recognition) in 2024, and 60 percent are looking for technology to enhance customer experiences
For many hotels, meetings and event spaces can contribute up to 60 percent of overall revenue. This makes it particularly surprising then that many hoteliers still are not leveraging these areas strategically, resulting in missed opportunities and limiting business growth.
In today’s dynamic world of cloud computing and enterprise solutions, Oracle has established itself as a leader by integrating advanced technologies to boost business operations across various industries. Let’s look at the applications of Oracle Hospitality, Oracle Cloud Infrastructure, and Fusion within the broader framework of Oracle’s enterprise solutions, and highlight how these platforms deliver robust, AI-enhanced functionalities, driving efficiency and growth in the hospitality industry a
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.
LODGING Editor-in-Chief Dennis Nessler and a trio of hotel executives discuss the increasing role of data in the procurement process and its overall impact. The group also addressed ongoing trends and current conditions within the lodging industry procurement landscape, and offered their projections for the future. The post Data Driven Purchasing appeared first on LODGING Magazine.
(Originally as a LinkedIn article by Adam Mogelonsky posted on June 30, 2024) What is this dog's breakfast that you see here? I've been reluctant to post some of the longevity meals I eat at home because my plating is certifiably atrocious, but many people have requested so here goes. The idea of #foodasmedicine isn’t new, but it’s going through a huge upswing in appreciation as we start to reinforce the concept with scientific evidence.
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.
What is a contact-free hotel? A contact-free hotel uses technology to streamline the guest experience, reducing the need for face-to-face interactions. The goal is to provide a seamless and efficient stay, catering to the growing preference for self-service.
San Miguel de Allende in Mexico is renowned for its breathtaking vistas, and at its cultural heart lies NUMU Boutique Hotel, which opened just last year and is home to the only rooftop pool in the downtown area.
Hotel forecasting, also known as hotel demand forecasting, is a strategic process that predicts future demand for hotel rooms and services based on historical data, market trends, and various influencing factors. It is an essential practice for hoteliers and revenue managers to optimize pricing, maximize occupancy, and enhance overall profitability.
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.
A Hawthorn institution is back in business after a 15-year hiatus, with The Beehive officially reopening on Barkers Road under new owners Julien Moussi and Tony Pantano. “The Beehive was always our local, and a pub that felt like home,” says Moussi. “It’s pretty special to be reigniting that sense of connection for so many, while embracing a new wave of people to make it their own.” Guests can expect a refreshed interior, with the 300-seater undergoing a transformation th
A class action lawsuit centers on the alleged dangers of kava and kratom, two ingredients used in a drink purported to boost “vitality,” “chill vibes” and “relaxation.
The World Travel & Tourism Council (WTTC) has announced its latest round of high-profile speakers for its upcoming Global Summit, featuring top leaders from the world’s leading Travel & Tourism businesses.
In an era marked by inflation and supply chain disruptions, restaurants face the formidable challenge of maintaining profit margins while food costs soar. The confluence of these economic pressures demands innovative approaches to menu planning, cost control, and supplier negotiations. Here, we explore the impact of these factors on food prices and offer practical strategies to help restaurants navigate this turbulent landscape.
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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