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Third-Party Delivery Service Management in the Age of COVID-19 – and Beyond

Modern Restaurant Management

While takeout and delivery revenue has more than tripled since 2014, reaching over $300B+ in 2019, demand for delivery services has skyrocketed as businesses shift to takeout and delivery-only models in response to COVID-19.

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Wyndham reports record-high rooms growth in ’23

Hotel Business

Comparing to 2019 to neutralize for COVID-impacted travel patterns, U.S. Compared to 2019, international RevPAR grew in fourth quarter and full-year by 44% and 36%, respectively, on a constant-currency basis. in full-year 2022, which included 40 cents per share from the select-service managed and owned hotels.

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LEVA Hotels announces expansion in MENA

Boutique Hotel News

Founded in 2019, LEVA provides full-service management of third-party hotel assets. The group’s flagship property is the LEVA Mazaya Centre – Dubai and in 2021, took over management of Resivation, an upscale coliving property in Dubai’s Al Furjan development.

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Wyndham reports strong Q4 and ’22 results

Hotel Business

Highlights include: Global RevPAR grew 15% compared to fourth-quarter 2021 in constant currency, a 300-basis point improvement sequentially, representing 116% of 2019 levels; full-year global RevPAR grew 20% year-over-year in constant currency. Global RevPAR was 116% of 2019 levels in constant currency, with the U.S. RevPAR grew 12%.

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Beating the Labor Crunch: Outsourced Strategies Are Key

Modern Restaurant Management

Labor markets were tight in the years prior to the pandemic, with nearly a million restaurant and hospitality jobs going unfilled as recently as 2019 , when Forbes sounded the alarm that “the ultimate service industry is experiencing epic problems in finding people to work.”

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Together by Hyatt launches Event Experience Guides

Hotel Business

We reached a milestone in our recovery with group rooms revenue fully recovered to 2019 levels in the fourth quarter with rates 15% above 2019, a testament to our customers prioritizing in-person interaction and connection.

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Wyndham reports 7% global RevPAR growth in Q2

Hotel Business

Signings of 24,000 rooms grew 6% YOY and 7% compared to 2019. Second-quarter financial results The comparability of Wyndham’s second-quarter results is impacted by the sale of its owned hotels and the exit of its select-service management business, both of which occurred in 2022, as well as quarterly timing variances from its marketing funds.