Hospitality Net

JUNE 1, 2023

In 2022 the leisure travel market was valued at more than US$ 800 Billion, with predictions to reach US$ 1,330 Billion by 2028, a growth rate (CAGR) of 8.11% during 2023-2028* The leisure and activities segment, including the spa and wellness industry, is booming, with more people seeking relaxation and self-care treatments.

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Marketing 40

Modern Restaurant Management

APRIL 3, 2024

Statista’s market insights forecast the global cost of cybercrime will increase from $9.22T in 2024 to $13.82T in 2028. The average cost of a data breach in 2023 was almost $4.5 million, a figure that’s more than 15% higher than just three years prior.

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Serviced Apartments

NOVEMBER 24, 2023

By 2028 the company’s development pipeline will take it to over 15,000 apartments, including its debut in Portugal. Currently in its 26th year, nominees in the Ireland programme for the international entrepreneur category are “global players” that operate in multiple markets, and can be headquartered in Ireland or overseas.

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Marketing 52

Boutique Hotelier

NOVEMBER 21, 2022

Raithwaite Sandsend has come to the market with an asking price of £12m. The hotel set itself a target to reach net zero carbon by 2028 , a plan which will involve a significant reduction in their carbon emissions, in addition to ongoing offsetting. Knight Frank is marketing the opportunity for offers in excess of £12,000,000.

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Pricing Marketing 80

Hotel Owner

FEBRUARY 27, 2024

Savills handled the sale, highlighting the property’s unique appeal and strong return potential in the luxury hospitality market. With expansions in France, Belgium, and upcoming openings, including a site in London’s Whitechapel, Adagio continues its growth trajectory towards 200 aparthotels by 2028.

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Serviced Apartments

FEBRUARY 29, 2024

The company aims to achieve more than S$500 million in fee earnings by 2028. Currently, Ascott is a vertically-integrated operator of around 950 properties across more than 220 cities globally, represented by a portfolio of 14 brands.

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Marketing 52

Serviced Apartments

JANUARY 19, 2024

The uplift in revenue and improved margins are testament of Ascott’s ability to leverage pricing power and meet market demand, contributing to an overall enhanced financial performance of the Oakwood portfolio post-acquisition. The strategic benefits of inorganic expansion extend beyond incremental growth.

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EATER

DECEMBER 21, 2023

The dry bean market is expected to grow to $8.7 billion by 2028 , while the canned bean industry raked in $5.65 billion by 2033, according to the market research firm Fact.MR. The marketing worked: Bold Bean Co.’s Perhaps it’s deceiving, perhaps it’s smart marketing, perhaps it’s both. Bold Bean Co.

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Marketing 119

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.

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Marketing 52

Hotel Business

NOVEMBER 13, 2023

voco Missoula Downtown joins a roster of more than 100 signed and opened voco hotels across more than 20 countries, bringing the brand closer to its goal of reaching 200 global in-system hotels by 2028 and maintaining its status as IHG’s fastest-growing premium brand. of meeting and event space. LinkedIn and PayPal.

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Scheduling Events Marketing 59

The Restaurant Times

SEPTEMBER 16, 2021

According to a report by Grand View Research , the global restaurant point-of-sale terminal market size is expected to reach US$25.95 billion by 2028. percent between 2021 to 2028. The POS systems become the anchor for many of these transformations. It is likely to expand at a CAGR of 6.4

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Hotel Business

OCTOBER 26, 2023

Our economy brands gained market share domestically amidst a backdrop of normalizing U.S. Adjusted EBITDA increased 5% to $200 million primarily reflecting higher fee-related and other revenues as well as marketing fund variability. economy brands gained market share of 100 basis points in the third quarter.

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Hotel Business

OCTOBER 25, 2023

IHG Hotels & Resorts has revealed a slate of voco hotels properties across its European markets as the brand’s growth continues. The incoming properties will bring the brand closer to its global ambition of reaching 200 properties in leading urban and leisure locations by 2028.

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Scheduling Definition Communication Marketing 64

Serviced Apartments

NOVEMBER 1, 2022

IFC, a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets, is the sole subscriber for the JPY16.5 per cent reduction in electricity consumption by December 31, 2028. billion (about S$157.4 million) sustainability-linked bond. .

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Marketing 52

NCC USA

AUGUST 31, 2022

One of the biggest reasons to consider deploying a kitchen display system (KDS) is the growing quick service restaurant (QSR) market. Verified Market Research predicts a 5% CAGR with growth from $261 billion In 2020 to $386.55 billion in 2028.

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POS Systems Front of House Communication Maintenance 52

Restaurant Engine

FEBRUARY 23, 2022

Looking to expand your market reach? You’re still operating in a crowded and competitive market. Another cost you might take into consideration is your online marketing. The food delivery and takeout business is growing exponentially, and it’s a crowded market. through 2028.” Try a cloud kitchen. Final Thoughts.

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Modern Restaurant Management

NOVEMBER 11, 2022

As per the report by Global Market Insights Inc. Worldwide food service packaging market was valued at over USD 118 billion in 2021 and will surpass a revenue collection of USD 186 billion by 2028 with an annual growth rate of five percent from 2022 to 2030. European Customers To Increase their Preference for Green Packaging.

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Restaurant Engine

DECEMBER 8, 2021

The global restaurant point-of-sale system market is expected to reach nearly 26 billion dollars by 2028. How about upgrades? Knowing the answers to these questions can help you find the best POS system. Final Thoughts. So, you can see the popularity is rising.

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POS Systems Customer Service Accounting Budgeting 96

NCC USA

NOVEMBER 29, 2022

Market data shows sales of kiosks topped $234.6 million in 2021 and are projected to grow to $665 million in 2028, sporting an impressive 16% CAGR. Before you jump on this particular bandwagon, you need to make sure you have a plan. Use this checklist to ensure you get the most value from your investment.

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POS Systems Server Pricing Communication 52

Hotel Business

MAY 4, 2023

The terms of the agreement provide for up to an additional $175 million of contingent consideration through 2028 based on certain milestones associated with signed management contracts for future hotel openings.

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Hotel Business

FEBRUARY 16, 2023

We continue to experience positive momentum in the markets in which we operate and are optimistic about the year ahead.” The terms of the agreement provide for up to an additional $175 million of contingent consideration through 2028 as properties come into the pipeline and open.

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Pricing Property Management Marketing 52

SiteMinder

NOVEMBER 30, 2023

Statistics about travel demographics Statistics about travel demographics can be particularly useful for your hotel, as it allows you to target your marketing more effectively, plan your offers, and prepare satisfying guest experiences – all in the mission of maximising your reputation and profit.

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Travel and Tourism Book Blog Marketing 52

Boutique Hotel News

JANUARY 27, 2023

The tax is introduced alongside a green incentive to motivate project teams to implement sustainability efforts exceeding market standards and secure above average sustainability certifications. In the living sector, rising interest rates equate to higher mortgage costs, which mean bigger potential markets for BTR and coliving.

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Travel and Tourism L&D Marketing Pricing 130

Les Roches

AUGUST 16, 2022

Hospitality businesses of all sizes are turning to digital marketing to reach new guests and grow their business. Let’s discuss the different aspects of hospitality digital marketing and why it’s so important. What is digital marketing in the hospitality industry? What exactly is hotel digital marketing?

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Modern Restaurant Management

NOVEMBER 6, 2019

annually between 2018 and 2028. million by 2028. million by 2028, its lowest level in 65 years. Population growth at an expected annual rate of 0.7 percent between 2018 and 2030, accompanied by changing demographics in the next decade, are expected to lead to an average labor growth rate of 0.5%

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Back of House Download Definition Marketing 152

Restaurant Engine

DECEMBER 22, 2021

The global cooking robotics market is expected to be worth $322 million by 2028. There are no human temptations when you include an automated robot in your kitchen. You eliminate human emotions, and you take away the risk of food loss. Final Thoughts on Fully Automated Kitchens. You know the kitchen is the pulse of your restaurant.

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