Hospitality Net

JULY 26, 2023

With flights to key corporate destinations mostly full and hotel rates stubbornly high, corporate travel and procurement leaders are faced with a uniquely challenging environment as negotiations with suppliers for 2024 business travel volume start this quarter.

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Hospitality Net

JANUARY 23, 2024

To create a successful brand is to see a gap in the market – an opportunity to bring disruption with a new solution or build upon what currently exists in a meaningful way. Business is, at its core, about problem-solving. To be a good entrepreneur is to be a good problem solver.

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Hotel Business

JANUARY 14, 2025

Other promotions include: Lindsay Meadows has been promoted to SVP, accounting & procurement. Since joining HE in 2022, she has been instrumental in optimizing procurement strategies and vendor relationships.

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Procurement Guest Satisfaction Accounting Marketing 59

Modern Restaurant Management

APRIL 18, 2024

The global restaurant fryers market is projected to grow at a CAGR of 5.6 The market sales are on course to increase from US$ 495.6 Million by 2033, according to Future Market Insights. This can cause delays in the procurement process and could raise expenses for restaurant owners. Million in 2023 to US$ 854.6

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Marketing Procurement Budgeting Pricing 117

Hospitality Net

FEBRUARY 6, 2024

FutureLog, the leading provider of innovative cloud-based procure-to-pay solutions for the hospitality industry since 1999, is pleased to announce the expansion of its international business development team. million products.

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Procurement Business Development Marketing 98

Hotel Business

JANUARY 9, 2025

” Swon and Eric Anton, investment specialists in the companys Manhattan office, exclusively marketed the property on behalf of the private seller, with Swon procuring the buyer. The post Marcus & Millichap brokers two-hotel sale appeared first on hotelbusiness.com.

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Hotel Owner

OCTOBER 12, 2022

The London market has come back more strongly than anyone anticipated, while some hotels in the more staycation-driven regions have struggled to get back to the unique levels achieved last year during the summer – but even then, they have still done well. Many of these are due to end this time next year.

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Hotel Business

JANUARY 22, 2025

Reeco , an AI-driven procure-to-pay platform for the hospitality industry, has named James Hansen VP, business development. Hansens career includes experience in sales, marketing, operations and finance within the hospitality industry.

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Procurement Business Development Marketing 59

Hotel Business

NOVEMBER 27, 2024

Marcus & Millichap’s Bina Dhanji and Skyler Cooper of the Miller-Gomes Hotel Team exclusively marketed the property on behalf of the seller, an out-of-state limited liability company. The buyer, an out-of-state limited liability company, was procured by Chris Gomes. Congratulations to all parties involved,” said Dhanji.

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Modern Restaurant Management

JULY 14, 2022

As a Content Marketing Professional and restaurant advocate, I always think about how my work is hopefully making it to even one of those restaurant owners. You can unlock the power of your restaurant data with the help of solutions such as procurement and supply chain technology. Am I writing about the right solutions?

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Modern Restaurant Management

FEBRUARY 21, 2022

Future Market Insights reports that overall Plant Based Burgers sales revenue will surpass US$ 2.7 In this blog we shall discuss, what’s the market scope of the vegan restaurant industry, what are the key challenges faced by vegan restaurant owners, and what is their approach to address those issues? percent in 2021.

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Modern Restaurant Management

JANUARY 23, 2024

In fact, according to the Business Research Company’s 2023 Food and Beverages Global Market Report, the global industry’s market size grew over 7.3 Given its expanding market share, it’s become increasingly critical for businesses to plan for and be aware of some of the industry’s greatest risks of disruption.

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Hotel Business

DECEMBER 9, 2024

Previously marketed multiple times by another nationally recognized company, our team successfully procured an in-state private buyer who presented highly competitive terms. Listed on the National Register of Historic Places since 1982, the hotel retains its traditional ornate and classical revival exterior. The post Hu.

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Procurement Presentation Marketing 59

Modern Restaurant Management

SEPTEMBER 10, 2024

The Challenges of Procuring Liquor Liability Insurance The inherent risks associated with selling alcohol make obtaining the right insurance coverage both essential and expensive. As the liquor liability market continues to face substantial losses, many policyholders encounter significant coverage challenges.

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Hospitality Net

OCTOBER 23, 2024

Cost containment within the hospitality industry serves as a cornerstone for sustaining profitability and ensuring smooth operations, particularly when faced with volatile and uncertain market climates. Focusing solely on immediate trims can bind choices for the future, jeopardising the potential for meaningful and sustainable innovation.

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Procurement Cost Reduction Guest Satisfaction Marketing 52

7 Shifts

NOVEMBER 25, 2024

Will Harmon is a marketing associate at BlueCart , an online and mobile ordering, inventory, and operations platform for the hospitality industry. When he’s not busy being a social media guru and creating content, you can find him learning about procurement practices and up and coming restaurant trends.

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Hotel Owner

JUNE 14, 2024

That said, improvements in three key areas of sales, revenue, and procurement, can often be a driver for positive change and profitability. Procurement – Strategic sourcing for enhanced profitability Savvy financial management is a key driver of sustainable success at any hotel, venue, or hospitality setting.

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Hospitality Net

OCTOBER 22, 2024

BirchStreet Systems, a leading global SaaS provider and network for Hospitality procure-to-pay (P2P) and F&B services, today announced the appointment of Phil Beck as EVP & General Manager of its BirchStreet Pay business.

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Modern Restaurant Management

JUNE 9, 2023

Conduct Market Research Market research helps you define your business purpose. Carrying out sufficiently detailed market research with relevant data will help you define your niche and the ideal customer. They have to adhere to a set of common guidelines to ensure their business hits the ground running.

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Finance & Development : Lodging Magazine

JULY 10, 2023

JLL Capital Markets announced that it arranged the sale of Home2Suites by Hilton, a 103-key hotel in Blacksburg, Virginia, and the sale of the Residence Inn Tuscaloosa, a 111-key hotel in Tuscaloosa, Alabama. JLL represented the seller, KM Hotels, and procured the buyer, Mission Hill Hospitality. WASHINGTON, D.C.—JLL

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Marketing Procurement Magazine 59

Revenue Hub

DECEMBER 15, 2023

With tight margins to work with in a highly competitive market, it is important for hotel operators to streamline their practices to stay profitable and keep overhead costs low. Procurement: How to Use It to Your Advantage? If an operator is short in their DOH, then they can react sooner to prevent running out of product.

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Modern Restaurant Management

JULY 18, 2022

Staying competitive within your geographic market is vital, especially as the nation struggles with inflation and rising fuel costs. As a franchise brand with dedicated distributors, vendors, and a healthy list of secondary sources to procure tier-one ingredients to run our poke model, our distribution worries are less than the status quo.

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Procurement Customer Service Pricing Marketing 197

Lodging Magazine

NOVEMBER 15, 2022

Several of the industry’s top purchasing agents spoke with LODGING about how they are approaching the current market, […]. The post Prowess in Purchasing: Top Agents Share Their Approaches to Today’s Market Challenges appeared first on LODGING Magazine.

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Modern Restaurant Management

JULY 16, 2021

UberEats uses its search data to identify unmet demand for different cuisine types in its markets, and works with local restaurants to create delivery-exclusive menus. Independent drivers, though, should be advised to procure their own coverage. Some mom and pop establishments have partnered with delivery apps like Uber Eats to do so.

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Modern Restaurant Management

MARCH 11, 2020

This edition of MRM News Bites features a double dose from US Foods, SpotOn Transact, DoorDash Kitchens, Virtual Restaurant Consulting, Tripleseat and Gather, wagamama, Toast, The Gluten Intolerance Group, Instawork and StaffMate Online, Procurant and Yellofin, Sift, 7shifts, ParTech, Revel Systems and Como, Kabbage, Bluecrew and Cuboh.

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Modern Restaurant Management

DECEMBER 28, 2020

And three, above all, we see the need for digital marketing automation continuing and growing into 2021 and beyond. Companies rushed to market with new digital solutions out of necessity and customers were satisfied with the initial products. Now brands are trying to balance speed to market and operational readiness.

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Modern Restaurant Management

AUGUST 22, 2024

With guests searching for value, how can local restaurants compete and thrive in such a competitive market and build trust withconsumers who are more cautious about price and safety than ever? "Value When restaurants are saving time and money in ordering and procuring from their vendors, they can reinvest that time in their customers.

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Information Procurement Pricing Customer Service 161

Modern Restaurant Management

MARCH 16, 2022

There are third-party time and attendance solutions in the market today that make this extremely easy and transparent. For operators in the restaurant industry, facing all too familiar workforce pressures in 2022, greater retention should be this year’s focus.

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Procurement Accounting Scheduling Reservations 215

Hotel Business

JANUARY 3, 2023

We continue to seek hotels in prime markets with barriers to new entry and multiple demand generators that help protect against occasional market fluctuations. We were able to procure very attractive debt for the project that allowed EHP to acquire and renovate the property within a favorable timeline.”.

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Hotel Business

APRIL 17, 2024

The report noted numerous post-pandemic trends which contributed to increased bookings and usage of the GDS, including a stronger SME corporate market; larger TMCs dominating the market; and growth in third-party GDS self-booking tools and home-working leisure travel agencies.

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Modern Restaurant Management

MAY 26, 2022

The size of your restaurant may at times determine how close you can work with a source provider with smaller businesses needing the one-stop foodservice distributor and larger restaurant chains able to have procurement teams specialized in each category.

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Hotel Business

APRIL 1, 2024

We are launching the CoralTree Residence Collection because we recognized an opportunity in the market,” said Tom Luersen, president, CoralTree Hospitality. With our company’s deep roots in vacation rental management, we knew we’d be able to meet the demand and provide customized and enhanced support in this space.

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Hotel Business

JANUARY 15, 2025

In addition to overseeing hotel operations, his role expands to include sales and marketing, risk management and guest contact. He also oversees operations for Millennium Technology Group, procurement and merchandising. Rosen Hotels & Resorts has promoted key executives, including Josh Rosen , who was elevated to EVP, operations.

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Larry Mogelonsky

DECEMBER 16, 2024

Much of these projects came online right as the GFC hit, so the next phase of construction along the intracoastal didnt get properly underway until the market recovered nearly a decade later. Despite the tumult circa 2008 to 2012 for developers, Miami offers several inescapable advantages that make demand resistant to secular downturns.

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Revenue Hub

DECEMBER 8, 2023

In fact, the global hotel industry is expected to reach a market value of $870 billion by the end of 2023, with the luxury hotel market estimated at $115.8 For example, AI can help procurement software compare environmentally friendly and diverse-owned hotel suppliers and monitor outcomes when investing in these businesses.

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Hotel Owner

JUNE 27, 2023

Accor is set to present its medium-term ambitions for sustainable growth at its latest Capital Markets Day, noting it will “take full advantage” of the strengths of its two new divisions created in January 2023.

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Procurement Presentation Marketing 105

Modern Restaurant Management

FEBRUARY 13, 2023

When the values of your business are clear to you and clearly defined in your business plan, marketing materials, etc, they’ll be clear to everyone else as well. With more locations, financial risk is not only mitigated, but procurement of costlier items also goes down.

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