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Agave prices fall as demand stabilises

Hospitality Magazine

As agave prices in Mexico continue to fall and demand for premium-and-above tequila moderates in the United States, alcohol market analysts IWSR says brand owners have an opportunity to improve product quality at lower price points.

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North York Moors boutique hotel on the market for £1.15m

Hotel Owner

The George and Dragon Hotel, a boutique hotel in the North Yorkshire town of Kirkbymoorside which is now on the market, has seen its price reduced to £1.15m. The business is on the market as Alison and David have made the decision to retire. The George and Dragon has been owned by Alison and David Nicholas since 2006.

Marketing 105
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Hotel Market Shows Continued Resilience with Focus on Luxury

Revenue Hub

The hospitality sector, in particular, is sensitive to current challenges in the broader economy: rising interest rates, higher inflation and a tight labor market. Room prices are up, with the average daily rate 14% higher than in 2019 at $151 and revenue per available room (RevPAR) 8% higher at $95. hotels reached 62.8%

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How To Boost Your Revenues With The Right Menu Pricing Strategies

The Restaurant Times

You need to carefully price your restaurant menu to make it to the top and earn as much as possible. While it’s understandable that you want to make a profit, being overly aggressive with your menu pricing can drive the customer away. It is about the right balance when applying your pricing strategies. .

Pricing 59
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Top Three Reasons Why Multi-Unit Operators Should be Looking at Fast Casual Brands to Expand their Portfolio in the Restaurant Industry

Modern Restaurant Management

That doesn’t mean they are trading in their filet mignon for a fast-food burger, but rather they are looking for a more culinary-driven menu at a lower price point. Modern Market has always designed efficient restaurants under the 3,000 sq ft threshold.

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Apple Hospitality REIT acquires central Las Vegas SpringHill Suites

Serviced Apartments

Located at 2989 Paradise Road, the SpringHill Suites Las Vegas Convention Center opened in October 2009, adjacent to the Las Vegas Convention Center. It features more than 10,000 square feet of flexible indoor and outdoor meeting space, a rooftop pool, fitness centre, a 24/7 market and onsite restaurant, and a seven-storey carpark.

Pricing 52
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The Arch Deluxe Was a Hell of a Burger. It Was Also McDonald’s Most Expensive Flop.

EATER

It was also the biggest marketing flop in McDonald’s history, with the brand spending an estimated $200 million to advertise a sandwich that very few people — especially not sophisticated urbanites — wanted to order. In 1995, the Arch Deluxe debuted in test markets in Canada and in May 1996, it was added to U.S.

Marketing 113