7 Shifts

AUGUST 12, 2021

In today's highly competitive environment, restaurant marketing requires precise, dependable, and complete consumer data. Data acquired about your actual consumers can be used in both online and offline marketing campaigns. Consider online marketing for restaurant engagement to be a long-term commitment. Email Marketing.

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Social Hospitality

MAY 21, 2022

If you want to stay relevant in the future, start developing a marketing strategy with the Metaverse in mind. The best way to follow the top social media marketing trends in 2022 and achieve long-term brand growth is by partnering with digital marketing specialists who can help you implement the best strategies.

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Marketing Catering Accounting 72

Boutique Hotelier

JANUARY 9, 2023

£3bn of hotel transactions took place in 2022, with a further uptick in investor activity expected for the coming year, according to property advisor, Knight Frank. However, the total annual investment volume was 30% below the five-year average, despite a robust first half of 2022, accounting for 68% (£2.1bn) of total annual investment.

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Hotel Owner

FEBRUARY 16, 2024

Scotland has seen hotel transaction volumes, of sales over £1m, reach £310m in 2023, up 98% on 2022’s figure of £156m, according to Savills. Overall Scotland accounted for circa 14% of all UK hotel deals last year as “the market remained resilient despite ongoing economic headwinds”.

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Accounting Marketing Pricing Events 52

Serviced Apartments

APRIL 12, 2024

The report – An Independent Review on the Role and Value of Serviced Apartments in the UK – reveals a market size of more than 56,700 across the country. England accounts for 87 per cent of all serviced apartments in the UK, followed by Scotland (nine per cent). billion in 2022. Click to download here.

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Marketing Download Catering Accounting 52

EHL Insights

NOVEMBER 14, 2023

STORY HIGHLIGHTS China’s luxury market is one of the hottest on the planet, with the strongest growth happening in digital and domestic luxury sales. Success in this market requires appealing to cultural motivations and changing consumer tastes through three key marketing angles.

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Hospitality Net

NOVEMBER 15, 2023

Following the government’s declaration of relaxed anti-pandemic measures in late 2022, experts predicted that China’s luxury market would revive in 2023. Despite a slow start, the market is showing optimistic signs of revival.

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Hotel Owner

DECEMBER 5, 2022

The UK hotel market has continued its recovery in 2022, as a strong trading performance exceeded expectations for the year, Knight Frank has said. . The Regional UK hotel market now exceeds its RevPAR performance by 3.5%, and London by 2.4%. respectively between 2022 and 2025, compared to a national average of 1.4%

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Modern Restaurant Management

APRIL 10, 2024

And despite warnings of an imminent recession at the end of 2022, the U.S. The restaurant equity market also showed signs of recovery, with healthy market debuts from Cava and Dutch Bros. percent between December 2022 and 2023. Coffee in 2023. In 2024, we expect these trends to shape the restaurant sector.

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Hotel Business

AUGUST 15, 2023

The top 14 hotel markets have fully recovered group revenue in comparison to the same time in 2019 according to the Group and Business Performance Index from Knowland and Amadeus Hospitality for the second quarter of this year. The post Report: Group revenue fully recovered in Q2 for top 14 markets appeared first on hotelbusiness.com.

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Modern Restaurant Management

JULY 27, 2022

” – Bob Patterson, Founder, Patterson & Company Certified Public Accountants. "Like " – Mary Nirenberg, Enterprise Account Director, Mood Media. These regulations vary by state and restaurant owners should be sure they are aware of their state’s policy before adding service fees to customer tickets.”

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Xotels

SEPTEMBER 22, 2022

With the recent proliferation of new travel super apps, distribution Goliaths such as Google and Expedia updating their ranking algorithms at a frantic pace, and the seemingly unstoppable growth of metasearch engine traffic, building and executing an effective hotel marketing strategy can seem intimidating. Content marketing.

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The Restaurant Times

AUGUST 26, 2022

Whether you are the owner of a fine dining restaurant, quick-service restaurant, food truck, or coffee shop, you will need restaurant management apps to streamline your business operations and unlock potential revenue in 2022. It must have the provision to integrate with a POS system or accounting software.

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STAAH

SEPTEMBER 26, 2023

There is no definitive guide to social media marketing because social media is constantly evolving. 7) Get serious about videos As short-form videos skyrocketed in popularity in 2022, many brands started to dip their toe in the format. with access to your business social accounts and a smartphone, and create authentic video content.

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Hotel Business

MARCH 8, 2023

The San Diego market led the U.S. The leading industry driver for meetings was technology and healthcare across four of the top five markets. “Additionally, while the top 25 markets dominate the volume metrics, smaller markets are realizing the largest percentage of growth. . over February 2022.

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Modern Restaurant Management

SEPTEMBER 26, 2023

is the second-largest online food delivery market​ and generated an estimated $218B in revenue in 2022. And experts predict the market will increase close to $500B by 2027. Account Takeover (ATO ): With ​A​TOs, social engineering is used for phishing account information from customers or drivers.

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Hotel Business

FEBRUARY 21, 2023

for full-year 2022 vs. 2019. In 2022, we saw demand return strongly in most of our markets, pushing group RevPAR back close to 2019 levels and fee margin ahead,” said Keith Barr, IHG Hotels & Resorts. 31, 2022, weighted 68% across midscale segments and 32% across upscale and luxury Gross growth +5.6%

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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 billion in 2022 to $7,221.73 To maintain relevance, companies must look to data to drive product development, branding, and marketing strategies.

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Serviced Apartments

JANUARY 17, 2024

Germany: Munich-based, tech-enabled apartment operator limehome has shared its latest milestones after reporting strong growth in the 2023 financial year, including increasing its apartment portfolio to 6,000 units and expanding into four new markets. In the long term, we want to offer limehome’s services throughout Europe and beyond.

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The Restaurant Times

AUGUST 3, 2022

National Restaurant Association Show 2022. Date: May 21- 24, 2022. Restaurant Leadership Conference 2022. Date: April 10-13, 2022. Date: March 7-9, 2022. Aahar 2022 . Date: 26-30 April 2022. Date: 13- 16 September 2022. It is the must-attend, pinnacle event of the industry. Website: [link] .

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The Restaurant Times

JANUARY 13, 2022

F oodies and F&B experts share their predictions for the food industry trends that will likely emerge in 2022 in the weeks and months to come. However, with the arrival of new business models like cloud kitchens and home delivery, restaurant owners can use these trends to pivot to new markets/audiences and boost growth.

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Back of House Kitchen Operations Accounting Marketing 75

Revenue Hub

APRIL 8, 2024

Online travel agencies now account for over 35% of hotel bookings globally. Recent finds hotels paying up to 40% commission when accounting for volume discounts. While vital for visibility, meta-search marketing costs keep rising even as click-through rates decline. The cost of distribution via OTAs keeps rising.

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EATER

APRIL 27, 2022

From video to audio to distinguished writing, Eater is recognized across several media categories The James Beard Foundation announced the nominees for the 2022 Media Awards today, and Eater is nominated across multiple categories, from video to feature writing to audio. Camilla Sucre.

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Hotel Business

APRIL 17, 2024

in 2023 vs. 2022, and strengthening by 80.2% “Direct booking on a property’s own website accounts for around a third of all bookings, with OTAs about half that. The report also found direct booking continues to experience high growth rates—up 22.5% against its pre-pandemic standing.

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Synergy Suite

APRIL 17, 2023

As SynergySuite continues to innovate, we are happy to share our latest advancements and product releases for the SynergySuite application in 2022 and early 2023. The post SynergySuite 2022 & 2023 Product Updates appeared first on SynergySuite.

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Boutique Hotel News

MARCH 3, 2023

million in 2021 to $135 million in 2022, RevPAR grew 11 per cent from the previous year’s fourth quarter to $158, and occupancy stabilised relatively at 83 per cent. At the same time, Sonder reported an increase in Q4 revenue from $86.7

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Hotel Business

OCTOBER 27, 2023

When compared with Q3 2022, RevPAR was up 14%. Consolidated revenue The group reported third-quarter 2023 revenue of 1.286 billion euros ($1.359 billion), up 13% like-for-like (LFL) versus Q3 2022. million), up 13% LFL versus Q3 2022. Hotel Assets & Other revenue was up 10% LFL relative to Q3 2022.

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Accounting Pricing Marketing Events 72

Social Hospitality

FEBRUARY 13, 2024

Have you heard of unhinged marketing? Therefore, it’s crucial to treat unhinged marketing with caution and strategy. Here’s what you need to know about unhinged marketing, as well as success stories and what happens when things go wrong. What is Unhinged Marketing? Tailor your message to their vibe.

Marketing 52

Marketing Download Reservations Accounting 52

Hotel Owner

JANUARY 9, 2023

Some £3bn of hotel transactions took place in 2022, with the total annual investment volume around 30% below the five-year average, according to Knight Frank, . As momentum from Q4 2021 continued into 2022, UK hotel investment saw a “robust” first half of the year, accounting for 68% (£2.1bn) of total annual investment. .

Accounting 102

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Hotel Business

MARCH 26, 2024

“This creates greater economies of scale for our owners, as well as the ability to share relevant best market practices for our regional and general managers, all ultimately providing better financial results and stronger guest satisfaction scores. Andrew Reichert was named SVP, hotel accounting.

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Accounting Guest Satisfaction Catering Hospitality Management 59

The Restaurant Times

FEBRUARY 24, 2022

Restaurant marketing in today’s highly competitive industry necessitates precision, consistency, and thorough consumer data. Both online and offline marketing strategies can benefit from data gathered about your actual customers. The sharp increase in restaurant competition in the market has emphasized the importance of branding.

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Marketing Reservations Accounting Presentation 52

Xotels

JULY 5, 2022

In 2022, there are many challenges faced by the hotel industry, which may quickly feel overwhelming to address. However, as a hotel management company , we have seen that with the right approach, tech stack, and process streamlining, hotels can drive their success in 2022 and beyond. Continuously Changing Consumer Demands and Markets.

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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 Bn at an impressive 22 percent CAGR in 2022. Plant Based Protein accounted for US$ 11.3 Bn in sales in 2021, while Meat Alternative Market experienced a year-on-year growth of 5.2 percent in 2021.

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Hotel Owner

FEBRUARY 23, 2023

UKHospitality has revealed that 32% of hospitality firms are at risk of failure within the next year, despite hospitality sales in 2022 surpassing pre-Covid levels. in 2022 compared with 2019, but down 13% in real terms when inflation is accounted for.

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Hotel Owner

JANUARY 31, 2023

Sustainability is seen as crucial to the success of businesses across industries, but there is scepticism about who is telling the truth and being ethical, accountable and transparent. In the past decade, consumer consciousness and worldwide concern have increased in tandem with the growing severity of the climate crisis.

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SiteMinder

APRIL 16, 2024

The rise – which saw travellers book their stays, on average, 32 days ahead of check-in compared to 19 days in the prior year – is the result of changing booking behaviours among travellers and far surpasses the 20% rise averaged in hotel markets globally. The data was revealed by SiteMinder at the 7th Hospitality Vietnam Conference.

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Hotel Business

MAY 1, 2023

But the prolonged travel restrictions imposed by key source markets such as China and Japan, had an ongoing impact on the sector’s recovery in the U.S. However, the ongoing travel restrictions from key source markets for the U.S. In 2022, the value of the sector was worth $2.01 to reach more than $2 trillion, representing 7.9%

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