article thumbnail

Staycity breaks €200 million turnover mark for first time

Serviced Apartments

A further six properties are scheduled to open through 2023/24 which will take Staycity into Amsterdam, Cambridge, Munich, Lisbon and Porto for the first time. We have now extended this out to 2027 when Staycity will be debt-free,” said Walsh. This summer will see Staycity reveal a new brand identity.

article thumbnail

Extend the Deep Fryer Sweet Spot

Modern Restaurant Management

Discarding and replacing cooking oil on a scheduled calendar — whether it’s needed or not — can result in higher food costs without any noticeable taste benefits to the fried items. With these best practices, you’ll ensure the maximum life of your oil, and both your budget and your customers will thank you for it.

Pricing 88
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Hospitality Industry News and Reports

SiteMinder

First, to infrastructure: 103,230 rooms are scheduled to open this year in 865 US hotels. Between 2022 and 2027 the luxury hotel market is set to grow by US$54.46 Looking only at publicly available data, 103,230 rooms are scheduled to open this year in 865 US hotels. billion at a CAGR of 4.5%. Business travel made up 24.6%

article thumbnail

MRM Research Roundup: Mid-January 2020 Edition

Modern Restaurant Management

Government spending, a prime factor in growth, may be limited by the return of trillion-dollar budget deficits. Busy schedules and hectic lives are often cited as reasons for increased out of home dining, but RetailMeNot research shows discounts are ensuring consumers have a taste of out-of-home meals at least once per month.

Marketing 110