Lodging Magazine

JANUARY 18, 2024

Travel Association released its biannual forecast for travel to and within the United States through 2027, showing that international inbound and domestic business travel will remain below pre-pandemic levels in 2024. ranked 17th out of 18 top markets for travel due to decades of underinvestment and […] The post U.S.

Travel and Tourism 116

Travel and Tourism Magazine Marketing 116

Hospitality Net

SEPTEMBER 29, 2023

For close to a century, Hospitality Sales & Marketing Association International (HSMAI) has stood as a guiding light for innovation, support, and community growth within the hotel sales, marketing, and revenue optimization fields.

Marketing 98

Marketing 98

Hospitality Net

NOVEMBER 23, 2023

The global hospitality market reached nearly $4.7 trillion in 2027. trillion and was forecast to grow to $5.8 There has been a lot of disruption to this economic sector since the pandemic, that includes food, drink, accommodation, and leisure activities like golf and amusement parks.

Marketing 90

Marketing 90

Hospitality Net

JANUARY 18, 2024

Travel Association today released its biannual forecast for travel to and within the United States through 2027, showing international inbound travel and domestic business travel will continue to remain below pre-pandemic levels in 2024. The forecast, prepared by Tourism Economics, was released just days after U.S. The report found the U.S.

Travel and Tourism 94

Travel and Tourism Marketing 94

Hospitality Net

SEPTEMBER 25, 2023

The Hospitality Sales and Marketing Association International (HSMAI) Foundation has announced the launch of its Century Campaign, a five-year fundraising effort ahead of the organization’s upcoming 100th anniversary in 2027.

Marketing 97

Marketing 97

Modern Restaurant Management

MARCH 28, 2024

While brands are increasingly labeling their products with 2D barcodes, retailers have also recognized the value and committed to accept 2D barcodes at point of sale by 2027 in a GS1 US initiative called “ Sunrise 2027.” Traceability is heightened.

Information 220

Information Server Catering Events 220

Hotel Business

DECEMBER 4, 2023

Market outlooks Listed below are the best and worst-performing markets based on LARC’s forecasts. forecast, its market-level forecasts are structured on multi-variable regression models with a high level of historical accuracy. For 2024, LARC expects U.S. Similar to the company’s U.S.

Marketing 110

Marketing 110

Modern Restaurant Management

MARCH 23, 2022

According to Allied Market Research, the global commercial cooking equipment market is expected to reach $12.9 billion by 2027, growing at a CAGR of 5.2 percent from 2021 to 2027. Moreover, commercial ovens integrated with digital technology in order to offer chefs flexibility will hit the market.

Marketing 206

Marketing 206

Revenue Hub

MARCH 17, 2023

NB: This is an article from Amadeus This article will provide an overview of social media marketing for hotels, including how to get started, different strategies to use, and how to approach each specific platform. Subscribe to our weekly newsletter and stay up to date Why is social media marketing important to hoteliers?

Marketing 52

Marketing Article Book Information 52

Hospitality Net

AUGUST 28, 2023

The global market for AI in the F&B industry is expected to grow from over USD 4 bn in 2022 to nearly USD 28 bn in 2027 at a CAGR of ~44%. With the addition of Machine Learning (ML) and Big Data, this could become a game-changer for the F&B industry, with endless potential.

Marketing 97

Marketing 97

InnQuest

MARCH 23, 2023

million Chinese tourists entered Australia each year before the pandemic (Statista). In this article, we’ll take a look at some key statistics about the market in general, and the situation regarding our recovery from the pandemic. The opening of China’s border is also extremely promising as 1.4 of customers are male and 52.3%

Travel and Tourism 130

Travel and Tourism Book POS Systems Market Forecasting 130

Hotel Owner

OCTOBER 16, 2023

With a promising pipeline of developments including two imminent opportunities, EasyHotel aims to double its portfolio by 2027, reinforcing its presence in key markets and capitalising upon the “strong easy brand awareness” throughout Europe. The market fundamentals are positive for the affordable sector.

Budgeting 94

Budgeting Marketing 94

Social Hospitality

JUNE 28, 2023

In the ever-evolving world of restaurants, establishing effective marketing strategies is an important stepping stone to success. Whether you’re a new restaurant or a well-established entity, it’s crucial to keep your marketing as fresh as your food. There are plenty of tried-and-tested restaurant marketing strategies.

Marketing 52

Marketing Reservations Book Article 52

Serviced Apartments

APRIL 9, 2024

Gurugram is experiencing phenomenal growth, and this expansion is part of our goal to capture a larger share of India’s dynamic hospitality market, which is expected to clock 11-13 per cent revenue growth in 2024-25. “India is a key driver of our global growth footprint, with a target of opening 10 new properties in India by 2027.

Catering 52

Catering Marketing 52

The Restaurant Times

NOVEMBER 17, 2022

The market has changed regarding what people spend their money on in recent years. To have a successful endeavor, however, you must heavily implement extreme and exceptional marketing efforts to start and end your pop-up with a splash. . How To Successfully Do Pop-up Marketing. Start Marketing at Least 7 Months in Advance.

Marketing 52

Marketing Events Customer Service Budgeting 52

Software Suggest

MARCH 13, 2023

Aspire to run a hotel business, but the saturated market scares you? billion by 2027. If yes, let us break the ice. The hotel industry is on the rise, with a projected growth of $120.90 Clearly, there’s still space for new entrants to impact and contribute greatly to the economy. But the industry’s profitability doesn’t […]

Marketing 52

Marketing 52

Hotel Business

DECEMBER 27, 2022

The global Bed Bug Control Products and Services market size is projected to reach $3.65 billion by 2027. The compound annual growth rate (CAGR) during the period of 2021-2027 is projected at a rate of 8.6%. This represents a 78% increase from the from $2.05 billion generated in 2020.

Maintenance 104

Maintenance Events Presentation Marketing 104

Hotel Owner

OCTOBER 16, 2023

Elegant Hotel Collection is venturing into the luxury soft brand market with a portfolio of 25 luxury hotels and ambitious plans to add 50 more worldwide by the summer of 2024. With a promising development pipeline, EasyHotel aims to double its portfolio by 2027, capitalising on the strong brand awareness throughout Europe.

Budgeting 98

Budgeting Catering Pricing Marketing 98

Serviced Apartments

JANUARY 30, 2024

Helene Bugl, director of expansion in Austria, Switzerland and Hungary for limehome , said: “Austria is one of the most important markets for limehome. Demand has been high since we entered the market and we see great potential for further strong growth. From 2027, a wooden hybrid high-rise will open under limehome in Eisenstadt.

Scheduling 52

Scheduling Marketing 52

Serviced Apartments

FEBRUARY 9, 2024

Due to open at the end of 2027, Staybridge Suites Belfast will feature 132 units in a new 13-storey development on Bedford Street. UK: Hospitality company InterContinental Hotels Group has signed a deal with development company Andras House for Staybridge Suites Belfast.

Marketing 52

Marketing 52

Serviced Apartments

APRIL 4, 2023

Mark Chan, COO at Frasers Hospitality, said: “[The company’s] 25 years as a trusted name in service hospitality is especially pertinent now as the market for extended-stay accommodation grows as an outcome of changing travel needs.

Marketing 52

Marketing 52

Modern Restaurant Management

SEPTEMBER 28, 2023

Online Ordering Systems and Delivery Apps It’s believed that the global online food delivery market is estimated to be $130.2 billion by 2027. Let's delve into how technology is revolutionizing the food service sector. billion and is expected to grow to $223.7

Communication 194

Communication Information Marketing 194

Modern Restaurant Management

JULY 5, 2023

In today’s highly competitive landscape, marketing departments are focused on getting a 360-degree view of the customer in order to personalize their experiences and maximize customer lifetime value. Simultaneously, the industry is coping with cost pressures and demanding streamlined tech solutions that consolidate operations.

Cost Reduction 178

Cost Reduction POS Systems Information Communication 178

Hotel Owner

JULY 10, 2023

Heartwood has immediate access to this new funding and with the support of OakNorth and Alchemy, the group will continue to focus on acquiring pubs-with-rooms with the ambition of reaching at least 60 sites by June 2027. As part of this, Heartwood has the aim of providing nearly 500 boutique bedrooms in the same time period.

Marketing 102

Marketing 102

Modern Restaurant Management

JUNE 8, 2021

In fact, use of AI in the food and beverage market reached $3 billion in 2020 and is on pace to reach nearly $30 billion by 2026, according to Mordor Intelligence. billion in 2027. One such technology is Artificial Intelligence, which is already being used in the restaurant business to great effect.

Marketing 223

Marketing Communication 223

Hotel Owner

FEBRUARY 28, 2024

Radisson Hotel Group has announced its first Radisson Hotel and Serviced Apartments in Glasgow , set to open in 2027. Whitbread’s development manager for Ireland, Matt Gent, highlights Cork’s thriving economy and underserved hotel accommodation market.

Housekeeping 52

Housekeeping Business Development Hospitality Management Customer Service 52

Modern Restaurant Management

DECEMBER 11, 2020

In 2019, The Insight Partners, a research firm, estimated that the global RTD alcoholic beverage market would reach $40 million in 2027 from $26 million in 2018. So, where is the RTD alcoholic beverage market headed in 2021? Here are the five major trends shaping the RTD alcoholic beverage market next year. v took off.

Marketing 206

Marketing 206

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.

Accounting 195

Accounting Information Presentation Marketing 195

SiteMinder

DECEMBER 4, 2023

Here are some other key stats on the US hotel industry: The hotel market in the US is worth more than $106 billion. By 2027, more than 160 million ‘users’ will be a part of the hotel market. Hotel market revenue is worth close to $22 billion. The luxury hotel market size has increased 5.9% million people.

Travel and Tourism 59

Travel and Tourism Book Marketing Blog 59

Modern Restaurant Management

APRIL 11, 2023

According to Statista , dark kitchens’ global market size in 2021 exceeded $56.71 By 2027, the market research organization projects ghost kitchens’ worldwide market size to reach $112.53 through ghost-kitchen operator ChefSuite. billion and is only expected to increase. Why the immense rise?

Kitchen Operations 188

Kitchen Operations Catering Marketing 188

Serviced Apartments

DECEMBER 8, 2022

Indera Naresh Mohan, group CEO, H360 said: “The properties we will manage are targeted at different segments of the market, from leisure travellers and families to business travellers. Hospitality 360 is aiming to achieve a portfolio of around 5,000 rooms across Malaysia by 2027. The properties range from hotels to serviced apartments.

Marketing 52

Marketing 52

Hotel Business

MAY 25, 2023

The New Term Loan B garnered significant investor demand, resulting in an upsize of nearly $400 million while in market and an attractive interest rate of SOFR plus 2.25% (with a 0.10% credit spread adjustment), at an issue price of 99.5%.

Pricing 52

Pricing Book Marketing 52

Modern Restaurant Management

JUNE 18, 2020

Traffic to restaurants in other markets, including the U.S., Australia, and Spain have since followed a similar upward trend, as those markets also begin to ease local travel restrictions. Cloud Kitchen Market. "According to the report, the global cloud kitchen market garnered $43.1 percent from 2021 to 2027. ."According

Marketing 183

Marketing Travel and Tourism Download Facility Management 183

Hotel Owner

OCTOBER 19, 2023

In a similar vein, as much as 85% of UK office buildings are at high risk of being unlettable due to EPC regulations that have been proposed to be implemented in 2027. Know your market The building’s location is unchangeable, so careful selection is vital. Each building needs to be considered on its own merits.

Document 98

Document Budgeting Presentation Marketing 98

Revenue Hub

APRIL 2, 2024

In fact, the hotel PMS market size was estimated at USD 7.15 Legacy systems—even tried-and-true ones—aren’t equipped to stay agile and drive growth in today’s market. The travel market is forecast to grow over 14% annually between 2022 and 2027, with over two-thirds of travelers now most concerned with value when booking.

Property Management 97

Property Management Article Server Customer Service 97

Modern Restaurant Management

MAY 26, 2023

A 2023 Emotional Intelligence Market study citing “heavy growth” of $49.93 billion USD by 2027 exemplifies the extent to which mastering “EQ” versus IQ is taking brands to exciting new levels of success … and why not embracing EQ can result in extreme opportunity loss or, far worse, be an outright brand buster.

Communication 99

Communication Marketing Information Events 99

Modern Restaurant Management

NOVEMBER 12, 2020

though late to the game, is seeing an explosion in these types of kitchens and is expected to dominate the global market by 2027, according to Allied Market Research. Marketing assistance including advertising, public relations, social media, and events (once it’s safe). City permitting guidance.

Front of House 201

Front of House Marketing Accounting Article 201