Serviced Apartments
AUGUST 30, 2023
US: According to businesses development database Lodging Econometrics, developers in the US have more extended-stay projects in the pipeline than hotels. Lodging Econometrics reported that in Q2 2023, developers increased their pipeline of extended-stay projects by 18 per cent year-over year.
Hotel Business
SEPTEMBER 5, 2023
The strategic promotions and new leadership team additions include Sue Sanders to EVP, chief strategy and administrative officer; Wilson Turner to SVP, human resources; Angie Cook to SVP of accounting and finance; Suzanne Saunders to SVP, design and construction; and Bob Kisker to VP, operations.
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Modern Restaurant Management
AUGUST 23, 2022
Growing franchise businesses, in particular, have the leverage to work with vendors on securing better contracts given expected future growth. A greater level of corporate support means access to individuals specifically focusing on these aspects of business, developing strong networks that can thoroughly address each problem area.
Les Roches
JANUARY 19, 2024
Why do you need a hotel business plan? Similar to how architects create blueprints before constructing a building, it’s essential to have a strategic plan when starting a hotel business. Profitability projections Any financial business model a hotel may follow must include a profitability projection.
Xotels Hotel Revenue Management
JULY 10, 2020
Such a sensitive and key part to the success of your business as revenue management should not be left to an ‘outside’ company many hoteliers respond. The first question I usually ask, do you have a lawyer or an accountant? It seems it is more an emotional response, than one based on business requirements. Why, I wonder?
Modern Restaurant Management
FEBRUARY 28, 2020
” At 3,900-square-feet, the build out of AQUAlounge is projected at $5 million, and construction is scheduled to begin in February of 2020. Hayes is responsible for leading the business development and customer relationship management of the entire McLane Foodservice portfolio of 33 leading restaurant brands. .
Modern Restaurant Management
JUNE 12, 2020
Everything from site selection to construction oversight to the recruiting, hiring, and training of the staff to the ongoing day to operations is handled by Restaurant Sherpas. In response to the global pandemic, Coolgreens amplified its business development strategy to cater to those who are more comfortable staying at home.
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