Modern Restaurant Management

DECEMBER 18, 2023

It’s the perfect time to look back on a few things we learned in 2023 – based on recent survey data from our restaurant partners – as well as what we predict for the industry in 2024. The survey also showed 75 percent of respondents expected their labor costs to increase in 2023.

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Hotel Business

MAY 16, 2024

Another 411 projects with 60,356 rooms are scheduled to start construction in the next 12 months, while 532 projects with 75,606 rooms are in the early planning stage, slightly below the record-high reported in Q1 2023. These three chain scales account for 55% of the projects in the region’s total construction pipeline.

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Hotel Business

JANUARY 30, 2024

According to the Q4 2023 Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE), projects and room counts in the region’s total construction pipeline each increased by 11% each year-over-year (YOY) to stand at 594 projects and 97,679 rooms at the close of the quarter.

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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. With these advancements and more, SynergySuite is poised to continue to revolutionize the way restaurants operate in 2023 and beyond.

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Hotel Business

JULY 28, 2023

According to the Q2 2023 United States Construction Pipeline Trend Report by Lodging Econometrics (LE), at the close of the second quarter, the hotel construction pipeline stands at 5,572 projects/660,061 rooms, with projects up 7% year-over-year (YOY) and rooms up 6% YOY. increase in new supply for 2023. construction pipeline.

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Hotel Business

FEBRUARY 29, 2024

The Q4 2023 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that the global hotel construction pipeline hit all-time high project counts at Q4. Additionally, the renovation and conversion pipeline globally is the highest it has ever been, reaching 3,291 projects/510,584 rooms at the end of Q4 2023.

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7 Shifts

JANUARY 20, 2023

Super Bowl 2023 Promotion Ideas for Bars and Restaurants 1. So stock up on all-purpose cleaners and check your soap dispensers and other supplies to get back to your regular schedule. The best way to ensure that your restaurant is fully staffed for the Super Bowl is to create a shift schedule well in advance.

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Modern Restaurant Management

FEBRUARY 27, 2023

Restaurant365’s State of the Industry Customer Survey shows that 60 percent of surveyed customers plan to expand their businesses in 2023 despite expected increased labor and food costs. Reviewing these numbers frequently can help to hold vendors accountable to the prices they are quoting.

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Hotel Business

FEBRUARY 12, 2024

According to the recent Asia-Pacific, excluding China (APEC), Construction Pipeline Trend Report from Lodging Econometrics (LE), the total hotel construction pipeline in the region increased 4% year-over-year (YOY) and closed 2023’s fourth quarter with a record-high 1,977 projects and 402,156 rooms.

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Hotel Business

MAY 7, 2024

Additionally, projects scheduled to start construction in the next 12 months stand at 189 projects/28,740 rooms, up 18% by projects YOY and 11% by rooms, while those in early planning stand at 166 projects/24,857 rooms, up 4% by projects YOY and 3% by rooms. YOY, this represents an increase of 13% by projects and 33% by rooms.

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Hotel Business

NOVEMBER 20, 2023

In the Q3 2023 Hotel Construction Pipeline Trend Report by Lodging Econometrics (LE) , analysts state that Europe’s total construction pipeline currently stands at 1,673 projects/249,264 rooms, up 1% by projects year-over-year (YOY). At the end of the third quarter of 2023, there are 759 projects/114,842 rooms under construction.

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Modern Restaurant Management

NOVEMBER 30, 2023

Recent findings reveal that researching a new POS for implementation after 2023 is a priority for 43 percent of restaurants , with 29 percent hoping to upgrade their POS for better omnichannel integrations. POS systems can scrutinize sales metrics to fine-tune staffing schedules.

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Hotel Business

FEBRUARY 15, 2024

With remote work, flexible schedules and an increased desire for more home-like atmospheres, the extended-stay segment has experienced unprecedented growth in the U.S. At the close of Q4 2023, the total U.S. In Q4 2023, middle-tier extended-stay brands significantly influenced the segment, accounting for 1,467 projects/139,092 rooms.

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Hotel Business

AUGUST 30, 2023

Worldwide, at the close of the second quarter, there are 6,154 projects/1,108,498 rooms under construction; 3,679 projects/506,760 rooms scheduled to start within the next 12 months; and 4,739 projects/694,980 rooms in the early planning stage. LE analysts forecast a total of 2,531 new hotels with 380,515 rooms to open in 2023.

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Hotel Business

OCTOBER 26, 2023

by Lodging Econometrics (LE), at the close of Q3 2023, the total U.S. Projects scheduled to start construction in the next 12 months stand at 2,234 projects/257,729 rooms, up 8% YOY by projects and 9% YOY by rooms. construction pipeline, accounting for 38% of the projects and standing at 2,149 projects/209,895 rooms at the Q3 close.

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Revenue Hub

NOVEMBER 1, 2022

Based on the conversations I’m having, it seems that demand for groups and events is coming back quicker than expected, so sales revenue targets for 2023 have been raised accordingly. – Use an online scheduling app to make it easier to connect for real conversations and not just email exchanges.

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Hotel Business

NOVEMBER 16, 2023

Through Q3 2023, New York also has the most new construction starts of any market in the U.S. While only 25 new projects accounting for 3,178 rooms are currently under construction, there are a whopping 164 projects/18,662 rooms either scheduled to start construction in the next 12 month or in early planning in Dallas.

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Hotel Business

OCTOBER 31, 2023

In the Q3 2023 Hotel Construction Pipeline Trend Report for Canada by Lodging Econometrics (LE) , analysts report that the total construction pipeline in Canada stands at 275 projects/37,780 rooms, up 5% by projects and 8% by rooms year-over-year (YOY). In the first three quarters of 2023, Canada had 16 new hotel openings.

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Hotel Business

NOVEMBER 15, 2023

In the Q3 2023 China Construction Pipeline Trend Report by Lodging Econometrics (LE) , at the end of the quarter, China’s total construction pipeline reached a record high of 3,720 projects with 686,017 rooms, up 3% by projects and unchanged by rooms year-over-year (YOY).

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Hotel Owner

MARCH 3, 2023

Projects scheduled to start construction in the next 12 months stand at 3,591 projects/510,969 rooms, up 1% by projects YOY and down 1% by rooms year-on-year. These two countries account for 63% of the projects in the total global construction pipeline, with the United States claiming 38% of the projects and China accounting for 25%.

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Hotel Business

APRIL 27, 2023

continue to increase, standing at 5,545 projects/658,207 rooms at the close of Q1 2023. Projects scheduled to start construction in the next 12 months are at 2,060 projects/241,568 rooms, each up 8% YOY. Projects scheduled to start construction in the next 12 months are at 2,060 projects/241,568 rooms, each up 8% YOY.

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Hotel Business

NOVEMBER 8, 2023

In the Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts report the total construction pipeline stands at 579 projects/95,144 rooms at the close of Q3 2023. These five countries combined account for 68% of all the projects and rooms in Latin America’s construction pipeline.

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Hotel Business

FEBRUARY 20, 2024

The recent Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that the region’s total pipeline stands at 1,706 projects/254,937 rooms at the end of Q4 2023. These five countries account for 51% of the projects in the region’s overall pipeline.

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Hotel Business

FEBRUARY 22, 2024

The Q4 2023 Hotel Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE) states that at the close of the fourth quarter, the region’s total pipeline stands at 607 projects/145,984 rooms. At Q4 2023, luxury project counts reached an all-time high with 154 projects and 30,421 rooms.

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Hospitality Magazine

JULY 17, 2023

We will use all laws and powers at our disposal to ensure franchisors are held to account when they fail to address non-compliance in their networks,” says Acting Fair Work Ombudsman Kristen Hannah. “In The first case management hearing is scheduled for 26 July 2023. The post 142 Bakers Delight workers allegedly underpaid $1.25

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Hotel Business

NOVEMBER 13, 2023

In the recently released Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), Asia-Pacific’s total construction pipeline, excluding China, continued to show steady year-over-year (YOY) growth to end the third quarter of 2023 at 1,929 projects/398,199 rooms, up 3% by projects YOY.

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Hotel Business

APRIL 29, 2024

Construction Pipeline Trend Report from Lodging Econometrics (LE) reports that, at the close of the first quarter, the top five markets with the largest construction pipelines are led by Dallas with 185 projects/21,882 rooms, slightly below record-highs recorded at the end of Q4 2023. In the top 25 U.S.

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Accounting Scheduling Marketing 59

Hotel Business

MAY 2, 2023

Marriott also has the most projects and room counts in each stage of the pipeline at Q1, with 279 projects/38,156 rooms currently under construction, 763 projects/90,038 rooms scheduled to start construction in the next 12 months and 457 projects/53,183 rooms in early planning. hotel construction pipeline at the close of Q1 2023.

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Hotel Business

AUGUST 11, 2023

According to the Q2 2023 Latin America Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the region’s total construction pipeline includes 552 projects/88,477 rooms. Twenty-seven projects accounting for 3,796 rooms started construction in Q2.

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Hotel Business

MAY 1, 2023

In the Q1 2023 U.S. Dallas has the most projects scheduled to start in the next 12 months with 70 projects/8,076 rooms, followed by Atlanta with 61 projects/7,464 rooms, Los Angeles with 45 projects/6,894 rooms, Phoenix with 45 projects/5,472 rooms, and then the Inland Empire with 41 projects/4,173 rooms. The top five U.S.

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Hotel Business

MAY 17, 2023

As seen in Lodging Econometrics’ (LE) most recent Asia-Pacific Construction Pipeline Trend Report, excluding China, analysts state that the region ended the first quarter of 2023 with 1,885 projects/394,235 rooms in the total pipeline. LE is expecting to see hotel openings uptick in the second half of 2023 into 2024.

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Modern Restaurant Management

JANUARY 25, 2023

And it doesn't always have to be a check: owners can appoint an IRA custodian and set up funds to receive investment via Roth IRAs or similar investment accounts. Make booking calls easy and track conversations : Business owners should use an automated scheduling tool like Calendly and keep the calendar as open as possible for investors.

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Scheduling Accounting Information Book 207

Hotel Business

JANUARY 24, 2023

Construction Pipeline Trend Report from Lodging Econometrics (LE), the market with the largest hotel construction pipeline by projects is Dallas with a record high count of 176 projects, accounting for 20,790 rooms. LE analysts forecast the New York market will have the most new hotel openings in 2023 with 46 new hotels /7,795 rooms, for a 6.4%

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Modern Restaurant Management

MAY 6, 2021

If you have any questions on the process, reach out to an experienced accountant to walk you through the process. Eligible establishments have until March 11, 2023, to use the funds on qualified expenses. equipment, accounting, training, legal, marketing). How will the program work? Business mortgage obligations.

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Hotel Business

AUGUST 29, 2023

In the recent Middle East Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the region continues to show steady pipeline growth in the second quarter of 2023, with the highest project count since Q1 2020. The five companies combined account for 57% of the projects in the region’s total pipeline.

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SiteMinder

MAY 8, 2024

Furthermore, domestic travellers in April reached their highest levels since October of 2023. Domestic guests accounted for 23% of total check-ins, up from just 13% in January and February of this year.

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Hotel Business

FEBRUARY 2, 2023

Projects scheduled to start construction in the next 12 months stand at 87 projects/12,098 rooms, a 2% increase in projects YOY and a 15% increase in rooms YOY. At year-end 2022, combined renovation and conversion projects in Canada reached a record high of 105 projects, accounting for 12,141 rooms. room supply increase.

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