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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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Rising Gas Prices Could Force Food Banks to Scale Back Their Critically Important Work

EATER

New York City’s City Harvest is one of several organizations experiencing rising costs due to high fuel prices. Amid supply chain challenges and rising food costs, fuel price spikes are yet another headache for food banks If you’re like basically everybody else in America right now, you’re feeling a serious pinch at the gas pump.

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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. .

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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. This trend is what’s driving the growth of Modern Market Eatery, which was founded in 2009 on the principle that fast food can still be nutritious and flavorful.

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Apple Hospitality REIT acquires Las Vegas SpringHill Suites

Hotel Business

The attractive purchase price is just under a 10.7x The hotel opened in October 2009 and is located adjacent to the newly expanded Las Vegas Convention Center. A Motto by Hilton to be developed in downtown Nashville for an anticipated total purchase price of approximately $96.7 multiple on the trailing 12-month hotel EBITDA.

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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. The attractive purchase price is just under a 10.7x multiple on trailing twelve-month hotel EBITDA.

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Hotel Market Shows Continued Resilience with Focus on Luxury

Revenue Hub

Three years later, upscale properties are now leading a rebound, having enjoyed a renaissance built on steady room rates, distinctive accommodations and an affluent market that is less price sensitive in an inflationary economy. The luxury segment is expected to remain robust amid the broader economic slowdown. hotels reached 62.8%