Hospitality Net

MAY 16, 2024

F&B is increasingly a cost centre for hotels, steadily losing profitability since 2018. In 2018, hotels’ F&B profit margin stood at an average of 32%, but fast-forward five years and this fell 10 percentage points to 22%. But there’s hope! Hoteliers should look beyond just the menu and decor to create a compelling F&B offering.

Marketing 80

Marketing 80

Hospitality Net

DECEMBER 12, 2023

As of year-end 2022, the average hotel in CBRE’s Trends® in the Hotel Industry survey sample had surpassed its 2018 total revenue figure by 1.5%. fewer room nights in 2022 than it did in 2018. This was achieved even though the average hotel had rented 8.2%

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Modern Restaurant Management

APRIL 8, 2020

Along with the governmental programs developed specifically to address coronavirus-related financial hardship, the CARES Act also contains various tax provisions that could provide significant tax benefits to restaurants and other hospitality businesses. While TCJA limited NOLs to 80 percent of income, the CARES Act removes this limitation.

Multi-Unit Operations 209

Multi-Unit Operations Accounting Document Information 209

Serviced Apartments

FEBRUARY 13, 2024

Finland: Helsinki-based, tech-powered hospitality operator Bob W has announced the completion of a €40 million Series B funding round. This funding enables us to further develop our technology, recruit top talent, and reinforce Bob W as Europe’s most loved hospitality brand,” he added. The company also offsets emissions of each stay.

Customer Service 52

Customer Service Procurement Information Marketing 52

Hospitality Net

SEPTEMBER 15, 2023

billion in 2018 to $33.4 Revenue from the global events and meetings industry, as reported by Research Dive, is projected to increase from $23.9 billion by this year.

Events 82

Events 82

Hospitality Net

APRIL 9, 2024

The hospitality industry continues to witness a significant shift towards personalized guest experiences and enhanced loyalty programs. According to Forbes, loyalty programs are evolving beyond the traditional one-size-fits-all model, catering to individual purchasing behaviors (Fromm, 2024).

Catering 64

Catering 64

Hospitality Net

JANUARY 10, 2024

Cendyn, a catalyst for digital transformation in the hospitality industry, has secured the top award for “Best Hotel Reservations System” (CRS) at the 2024 Hotel Tech Awards. The win marks Cendyn’s seventh consecutive victory in this important category where the honor has been awarded every year since 2018.

Reservations 70

Reservations 70

Hotel Business

OCTOBER 25, 2023

First launched in 2018, voco hotels is one of IHG’s fastest-growing brands with more than 100 properties signed and opened globally. The hotel is scheduled to open its doors in early 2024 in partnership with Cliste Hospitality. voco Belfast will feature 120 rooms and enjoys a prime location in the city center.

Scheduling 64

Scheduling Definition Communication Marketing 64

Hospitality Net

OCTOBER 3, 2023

Located centrally in the "Vulcano," built in 2018 and an architectural highlight and urban landmark in the emerging Altstetten district, the hotel will undergo extensive modernization measures as part of the rebranding.

Scheduling 94

Scheduling 94

Boutique Hotel News

MARCH 6, 2023

Judi Blakeburn , brand director, Another Place , Watergate Bay and Beach Retreats [FC] With a career spent in hospitality marketing, Blakeburn is an expert on both the sector and the role of marketing in medium-sized businesses, and is a passionate advocate of the importance of brand and marketing at board level.

Travel and Tourism 254

Travel and Tourism Marketing Catering Business Development 254

Hospitality Net

JUNE 26, 2023

We take a look at what makes the Australian tourism sector so unique, and how online travel agencies (OTAs) do their part to help support local hospitality entrepreneurs big and small. Almost 10 million international visitors traveled to Australia from 2018 to 2019 and they spent AU$44.6 billion, a 5% increase on the previous year.

Travel and Tourism 74

Travel and Tourism Accounting Marketing 74

Hospitality Net

JANUARY 30, 2024

The Nichols Partnership and BMC Investments, in collaboration with Vision Hospitality Group, announce the anticipated debut of the Moxy Boulder located in Boulder, Colorado. The long-anticipated Moxy Boulder is slated to open early in the second quarter of 2024 and will mark the first hotel to open in Boulder since 2018.

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Hospitality Net

MARCH 22, 2024

A: Being the first female General Manager at the Palace Hotel, and previously the first female Hotel Manager in 2017 and 2018, is a profound honor for me.

Housekeeping 57

Housekeeping 57

Hotel Owner

JANUARY 24, 2023

As the hospitality industry finds itself in the crux of an economic crisis, the need to offer guests truly incredible experiences that are supported by ever-evolving best practices has never been more essential. In today’s financial climate, opportunities for innovation can feel few and far between.

Marketing 103

Marketing Training Events 103

Hospitality Net

JULY 13, 2023

Clarion Pointe, a midscale select-service brand founded in 2018 and franchised by Choice Hotels International, Inc. NYSE: CHH), is continuing its expansion with 60 hotels open and more than 50 hotels in the pipeline.

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Hospitality Net

JANUARY 25, 2024

Total international visitor arrivals to the Greater Bay Area (GBA) are forecasted to recover to the pre-pandemic level at close to 130 million by the end of 2024, and the total number of inbound visitor arrivals to Hong Kong to recover to the 2018 level of 65 million by 2025.

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Hospitality Net

APRIL 12, 2023

In 2022, the hotel transaction activity in Spain reached €3Bn; a level only exceeded in 2017 and 2018 (record years). The total volume was 21% above 2021, despite the economic and political concerns.

Marketing 83

Marketing 83

Hospitality Net

JANUARY 11, 2024

The Group has grown its business by nearly 50% since the launch of its transformation plan in 2018. Radisson Hotel Group wrapped up 2023 with exceptional growth, adding over 30,000 keys to its international portfolio of 10 leading brands through openings and signings.

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Hospitality Net

DECEMBER 21, 2023

Radisson Hotel Group has seen rapid growth of the Radisson Collection brand since its launch in 2018 as a luxury lifestyle brand of individual hotels with distinct character.

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Hospitality Net

MARCH 21, 2024

Hyatt celebrates its global RiseHY program, designed to connect young people with long-term careers in hospitality. Since the program’s introduction in 2018, more than 5,700 Opportunity Youth* have joined Hyatt or a Hyatt hotel.

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EATER

JUNE 10, 2022

James Beard Foundation CEO Clare Reichenbach speaks at the 2018 James Beard Media Awards. The voting process also changed, with two tiers of judges and levels of judging designed to cast a wider net to find potential nominees. Noam Galai/Getty Images. Want to watch?

Accounting 90

Accounting Events 90

Hospitality Net

JANUARY 9, 2024

The hotel transaction activity in Europe surpassed €10bn during the first 9 months of 2023, (-10% YOY) 26% below the 5-year average (2018-2022). Despite the sector’s strong operational rebound, the European hotel investment market has been impacted by unprecedented increases in financing costs and economic and geopolitical challenges.

Marketing 59

Marketing 59

Hospitality Net

APRIL 19, 2023

Today, Scandic is launching a new communication concept, “Your friend in town”, along with the company’s first international advertising campaign since 2018. The concept is based on local knowledge and the personal service Scandic delivers at 270 hotels at 130 destinations and aims to create a more emotional brand for Scandic.

Communication 56

Communication 56

Hospitality Net

MAY 12, 2023

Following SALT of Palmar’s successful launch in 2018, Design Hotels is excited to welcome the property to its portfolio as a new Member Hotel and as the brand’s first destination in Mauritius.

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Serviced Apartments

OCTOBER 17, 2022

Beyond the initial travel rush, growth of the hospitality sector is on a positive and sustainable trajectory.”. With the acquisition of Oakwood, it has achieved a healthy net room growth of 15 per cent. In 2018, Ascott acquired TAUZIA Hotel Management (TAUZIA). . Accelerating growth through strategic mergers and acquisitions.

Catering 52

Catering Presentation Marketing Events 52

Social Hospitality

FEBRUARY 13, 2024

Snapchat In 2018, Snapchat released an ad for a game that asked whether they would rather “slap Rihanna” or “punch Chris Brown.” Author Bio: Kaylani Mills is a seasoned influencer marketing expert and digital content creator at Net Influencer. ” Rihanna promptly expressed her disappointment on Instagram.

Marketing 52

Marketing Download Reservations Accounting 52

Smart Brief Hospitality

AUGUST 31, 2023

Tom Burns, managing director for acquisitions at EOS Hospitality , projects an increase in property transactions in the near future and says his company will continue to “focus on transactions where we can create positive outcomes for the parties involved.” 2018 , on the other hand , was an extremely frustrating year.

Marketing 52

Marketing Pricing Events 52

Smart Brief Hospitality

AUGUST 31, 2023

Tom Burns, managing director for acquisitions at EOS Hospitality , projects an increase in property transactions in the near future and says his company will continue to “focus on transactions where we can create positive outcomes for the parties involved.” 2018 , on the other hand , was an extremely frustrating year.

Marketing 52

Marketing Pricing Events 52

Hotel Business

DECEMBER 5, 2022

Deitemeyer, president/CEO, Aimbridge Hospitality.” Apple Hospitality REIT is committed to building on our longstanding commitment to sustainability across our investment and asset management strategies to reduce our environmental impact,” said Justin Knight, CEO, Apple Hospitality REIT Inc. “We

Communication 52

Communication Events 52

Modern Restaurant Management

DECEMBER 16, 2019

While restaurant sales were lower for November of 2018, November of 2019 did not include the same holiday headwinds. Net growth in number of chain restaurant locations was 1.6 percent sales growth, December of 2018 was tied for the strongest month last year, which means a tough comparison as we wrap up the year. First, at 2.1

Events 128

Events Pricing Marketing Cost Reduction 128

Modern Restaurant Management

NOVEMBER 1, 2019

"We're ready for the next step in the brand transformation that began when I came on board in 2018," said Paul Macaluso, Krystal president and CEO. "We've The brand has rebuilt nine restaurants since 2018, generating first year-over-year comp sales ranging from +29.8 percent to +107.5

Multi-Unit Operations 86

Multi-Unit Operations Marketing Training Catering 86

Modern Restaurant Management

DECEMBER 12, 2019

Interested candidates should have business experience, along with $125,000 in liquid assets and a minimum net worth of $350,000. In addition, these funds when combined with other district fundraising efforts have helped pay for two new Physical Education curriculums and equipment for the 2018-19 school year. ” Camille Chavez. .

Book 110

Book Marketing Training Pricing 110

Modern Restaurant Management

AUGUST 14, 2020

Fazoli's teamed up with Impact Hospitality Group and owner Mike Lokhandwala to franchise a ghost kitchen facility at PREP Atlanta, located at 3781 Presidential Parkway, Ste. Even so, Caniacs helped us raise over $360,000 for local hospitals across the nation. Fazoli's Ghost Kitchen.

Multi-Unit Operations 189

Multi-Unit Operations Sanitation Marketing Pricing 189

Modern Restaurant Management

FEBRUARY 17, 2021

COVID-19 upended the hospitality industry in March and continued to wreak havoc throughout the rest of the year. The number of gift cards sold during this period was significantly lower than in 2018 and 2019. Gift cards were redeemed more quickly in the first 11 weeks after purchase as compared to 2018 and 2019. Delivery Driver.

Download 189

Download Marketing Accounting Presentation 189

EATER

OCTOBER 17, 2023

Department of Agriculture has categorized agritourism activities into five types: direct sales, education, hospitality, outdoor recreation, and entertainment. Researchers collected surveys from visitors to six agritourism operations in the state in 2018 and 2019. “We

Travel and Tourism 90

Travel and Tourism Presentation Budgeting Marketing 90

Modern Restaurant Management

MARCH 11, 2020

At the closing of the acquisition, US Foods’ pro forma net leverage is expected to be approximately 4.0x “In Tripleseat, we saw an opportunity to back a founding team with deep domain expertise in hospitality software and an exceptional rate of capital efficient growth,” said Ben Levin, co-founder of Level Equity.

Procurement 154

Procurement Marketing Scheduling Events 154

EATER

FEBRUARY 10, 2021

Since 1980, Preble Street has been at the center of Portland’s safety net for homeless and food-insecure Mainers. His expertise is in building teams and mobilizing shoestring budgets, striving for restaurant-quality hospitality in Preble Street’s dining room. Before arriving at Preble, Conroy worked in restaurant management.

Sanitation 114

Sanitation Travel and Tourism Scheduling Accounting 114