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 94

Marketing 94

Modern Restaurant Management

MARCH 31, 2022

Recent opinions in favor of insurance companies include a March 16, 2022 unpublished Ninth Circuit pane opinion in Steven Baker v. Supreme Court to Hear Challenge to California Farm Law : On March 28, 2022, the Supreme Court of the United States granted a petition for a writ of certiorari in the case of National Pork Producers, et.

Pricing 189

Pricing Magazine Information Marketing 189

Boutique Hotel News

JANUARY 11, 2023

UK: Research from property advisor Knight Frank shows that UK hotel transactions for 2022 sit at around 30 per cent below the five-year average. . The first half of 2022 accounted for 68 per cent (£2.1 The post 2022 records £3bn in UK hotel transactions appeared first on Boutique Hotel News.

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Accounting Marketing 130

Hospitality Net

APRIL 20, 2023

After two years since the COVID-19 pandemic started, the tourism market in Croatia has almost completely recovered in 2022, with only 2% fewer overnight stays than in 2019. Hotels achieved 5% higher revenues in the summer season than in 2019, primarily due to higher ADR.

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Marketing 68

Revfine

OCTOBER 13, 2022

Restaurant marketing is the main way that you will be able to reach new people, showcase your offerings, and attract more customers, but you will need to stay up-to-date with the latest restaurant marketing trends too. In this article, you can find out about emerging marketing techniques and strategies to remain fully competitive.

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Marketing Article 92

Modern Restaurant Management

DECEMBER 7, 2021

Bacardi Limited released its third annual Bacardi Cocktail Trends Report , looking ahead at the key trends impacting the business of cocktails in 2022. “As 2022 brings new perspective, people are coming together with a strong desire to ‘Make Moments Matter. . Consumption reconsidered. and half in the U.K.

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Accounting Pricing Marketing 197

eHotelier

MARCH 28, 2023

The Saudi Reinsurance Company (Saudi Re) has announced the annual financial results ending on 31 December 2022, noting that net profit before Zakat rose to $15 million compared to 14.19 The Company’s 2022 results also recorded a rise in its sales by 26 percent, reaching 372.6 million last year, with an increase of 6.4

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Marketing 130

eHotelier

JANUARY 30, 2023

First Hospitality, a national hotel operating and development company, realized significant growth in 2022, increasing hotels under management by 25%. The company expanded into three new markets, bringing First Hospitality’s diverse portfolio of branded and independent properties to over 50 hotels across 11 states.

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Marketing 130

Modern Restaurant Management

AUGUST 18, 2022

Given the pandemic’s impact, more owners will likely be selling their businesses in 2022 due to the uncertainty of the economy and tax increases. This year is a great time to sell a restaurant due to high market demand and consumer spending. Market Advantage for Sellers. This has caused an imbalance in the market.

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Pricing Marketing 180

Lodging Magazine

FEBRUARY 20, 2024

DALLAS, Texas—The commercial real estate lending market demonstrated signs of stabilization at the end of 2023, with borrowing costs appearing to have peaked, even as transaction activity remains subdued, according to the latest research from CBRE. percent from Q3 2023—marking the first quarterly increase since Q1 2022.

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Marketing Magazine 119

Modern Restaurant Management

MARCH 7, 2022

Additionally, we are seeing restaurant initial public offerings (IPOs) at least every other week, making the market more attractive for private equity firms, as this is the first time in almost five or six years. What the future holds and how brands can position themselves to land an investor as they prepare for 2022 and beyond.

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Accounting Marketing 220

Modern Restaurant Management

FEBRUARY 4, 2022

Though many of the market forces that shaped the restaurant industry in 2021 were closely linked to disruption from the pandemic's onset in 2020, 2022 brings new challenges — and opportunities. Unprecedented labor and supply chain pressure will drive most of the restaurant trends that will define 2022, industry analysts say.

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Reservations Definition POS Systems Customer Service 218

Lodging Magazine

DECEMBER 19, 2022

hotel performance has rebounded in 2022, propelled by a variety of STR-defined markets, including gains in those largest markets that the recovery bypassed last year. Smaller markets have greatly surpassed their pre-pandemic performance. The post Comeback Year: Market Leaders Propel U.S.

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Marketing Magazine 64

Modern Restaurant Management

JANUARY 12, 2022

To keep up with changing consumer preferences, operators noted that their top areas of investment in 2022 include mobile ordering (54 percent); delivery services (47 percent); technology such as new POS digital signage or other in-store tech (45 percent); and alternative payment methods (37 percent). "Consumers Fast is not fast enough.

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Server Pricing Marketing Download 215

Modern Restaurant Management

FEBRUARY 1, 2022

More than half of restaurant operators said it would be a year or more before businesses conditions return to normal with food, labor, and occupancy costs are expected to remain elevated, and continue to impact restaurant profit margins in 2022, according to the National Restaurant Association's 2022 State of the Restaurant Industry report.

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Download Reservations Marketing 207

eHotelier

AUGUST 1, 2023

According to a recently-released Tourism Events Market Report, the global tourism event industry generated $1.6 trillion in 2022 and is anticipated to generate $2.5 trillion by 2032, witnessing a CAGR of 4.6% from 2023 to 2032.

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Events Marketing 130

eHotelier

NOVEMBER 10, 2022

As Lodging Econometrics (LE) prepares to attend the 2022 Boutique Design New York (BDNY) conference in New York City, LE releases the latest on hotel development for the New York City market. LE also has available hotel development information on any market in the United States or any other market in the world.

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Information Marketing 130

eHotelier

MAY 2, 2024

As part of the strategy with Choice's acquisition of Radisson Hotels Americas in 2022, Park Inn by Radisson is being strategically repositioned into the premium value conversion space. During its 68th Annual Convention in Las Vegas, Nevada, Choice Hotels International, Inc.,

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Marketing 130

eHotelier

FEBRUARY 9, 2023

hotel revenues, profits and labor costs reached an all-time high, according to STR‘s P&L data for 2022. With more supply in the market, the key profitability metrics each came in lower than their pre-pandemic comparable on a per-available-room basis.

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Marketing 130

Modern Restaurant Management

OCTOBER 21, 2022

Rapid inclination of restaurateurs to adopt POS software for better management of operations will complement the restaurant POS terminals market by 2027. In 2022, U.S. Considering technological advancements and emerging demand for streaming restaurant operations, Global Market Insights Inc. software company NCR Corp.

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POS Systems Marketing Accounting Communication 179

Boutique Hotel News

FEBRUARY 21, 2023

UK: Global travel technology company OYO has added 40 UK hotels to its platform and doubled its revenue in 2022 compared to 2021. Recently, OYO released its annual global travel trends index which revealed that London, Plymouth, Middlesbrough, Leicester, and Brighton were the UK’s most popular holiday destinations of 2022.

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Pricing Marketing 130

Modern Restaurant Management

DECEMBER 22, 2021

There are different IoT-based solutions on the market designed to decrease downtime, increase energy and operational efficiency and improve overall customer experience. We've highlighted a few key ways you can embrace this growing trend in 2022. But where can you start? Tableside Ordering & Payment. Connected Equipment.

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POS Systems Maintenance Server Scheduling 244

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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Marketing Information Download Customer Service 158

Modern Restaurant Management

OCTOBER 1, 2022

Restaurant marketing revolves around making your business known. But is it so simple to stand out from the crowd in 2022? Let’s look at low-budget restaurant marketing ideas to succeed in inflationary times. Restaurant email marketing is another cost-effective way to boost your brand. Send Relevant Emails.

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Marketing Budgeting Communication Information 203

Hospitality Net

APRIL 17, 2023

While the most markets across Europe experienced a robust hotel performance recovery, the transaction activity recorded only a modest growth in 2022 hampered by the raised cost of financing, economic and geopolitical concerns. Nevertheless, nearly 800 hotels were sold in 2022 worth €18 billion, 2% more than in 2021.

Marketing 40

Marketing 40

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

Modern Restaurant Management

SEPTEMBER 7, 2023

The Millennial generation is a force to be reckoned with, not only in the housing market but also in the dining industry. As Millennial homeownership surpasses Millennial renters for the first time, restaurants have a golden opportunity to engage this valuable demographic through targeted new mover marketing strategies.

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Marketing Catering Customer Service Reservations 203

Hotel Owner

NOVEMBER 6, 2023

Doyle Hotels revealed that turnover rose to €147.7m (£127.8m) in the year ended 31 December 2022, almost trebling from the previous year’s total of €53.2m (£46m) when the group was still restricted by the pandemic. The hotel group also reported a pre-tax profit of almost €28m (£24m) for 2022.

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Marketing 97

Hotel Business

MARCH 28, 2023

HVMG made great strides in 2022, from outpacing the industry in key performance metrics to receiving external recognition for our efforts,” said Robert Cole, president/CEO, HVMG. That outperformance has continued into 2023 with same-store RevPAR growth forecasted to increase 30% over 2022 in the first quarter.

Communication 105

Communication Marketing 105

Hotel Business

JANUARY 25, 2023

Meetings Recovery Forecast (MRF25), meeting volume outperformed in Q4 2022. The company also shifted the 2023 forecast higher than was predicted in Q3 2022. The fourth quarter outperformed the Knowland forecast by 8.4%, driven by top market growth,” said Kristi White, chief product officer, Knowland. in 2023 (106.4%

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Marketing Events 104

Modern Restaurant Management

DECEMBER 14, 2021

Some have even developed lucrative new business models that they will continue to apply and scale in 2022. Several other pandemic-related trends will continue into 2022 and beyond, and new trends will also emerge. Opportunities for 2022 and Beyond. Consumers are showing similar signs of permanent behavioral change.

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POS Systems Sanitation Training Marketing 203

Lodging Magazine

FEBRUARY 8, 2023

LONDON—Miami and Qatar led the major global markets in hotel profit recovery for 2022, according to STR‘s full-year P&L data release. Both markets’ gross operating profit per available room (GOPPAR) surpassed 2019 levels, with the metric reaching 155 percent of the 2019 comparable in Miami.

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Magazine Marketing 105

Modern Restaurant Management

DECEMBER 14, 2021

Modern Restaurant Manaagement (MRM) magazine asked restaurant industry insiders to discuss the key challenges they believe restaurants will face in 2022. Restaurants will continue to grapple with labor shortages and supply chain disruptions throughout 2022. Supply chain : Supply chain issues will be a key challenge in 2022.

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Pricing Scheduling Training Marketing 189

eHotelier

OCTOBER 31, 2022

Cendyn was named the World’s Best Data Driven Marketing Agency & World's Best Hotel Sales Proposal Solution of 2022.

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Marketing 130

Hotel Owner

JUNE 14, 2023

London’s hotel industry recorded its highest revenue per available room (RevPAR) since October 2022, STR said. The occupancy level in London was the highest since November 2022, peaking on 23rd and 27th of May reaching 92.5%.

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Marketing 100

Modern Restaurant Management

DECEMBER 21, 2021

As we wrap up a year that brought more tremendous change to the hospitality industry, I like to look ahead and anticipate some of the opportunities and challenges we will see in 2022 (and beyond). The recent turf war between Amazon and Visa in the UK and Australia gives us a glimpse at what might happen in 2022.

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Server Marketing 197

Hospitality Net

APRIL 5, 2024

Following a slow start, hotel investment activity surged in the second half of 2023, exceeding €1 Bn (+74% vs H2 2022). billion (+1% vs 2022), reaffirming hospitality as a leading sector in the Italian real estate market. Total investment volumes for 2023 amounted to €1.5

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Marketing 52