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Spring Budget 2024: How it will affect hospitality businesses

Serviced Apartments

per cent, has been criticised by hospitality operators. John Webber, head of business rates at Colliers, said: “We were disappointed to see that the Chancellor did not extend the retail, hospitality and leisure relief for small companies that he announced in November. per cent this year and grow by a further 1.9 per cent next year [0.5

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8 Inspirational TED Talks Every Hospitality Professional Needs To Watch

Hotelogix

As a trusted Cloud PMS partner to over thousands of hotels globally, we thought of compiling a list of hospitality-related talks given at various TEDX events. We believe, listening to these speeches can help you rethink, evaluate and restructure (if needed) your approach towards your hospitality business. His takeaways?

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Commune Group shares its 2024 forecast

Hospitality Magazine

The cut on discretional spending among those who are leveraged will no doubt affect hospitality. The post Commune Group shares its 2024 forecast appeared first on hospitality | Magazine. Co-founder Simon Blacher covers the ease of staffing challenges and establishing brands with longevity.

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New FLSA Exempt Salary Proposal: How it Could Impact Hospitality Companies

Horizon Hospitality

In an industry like hospitality, where many employees work well over forty hours, this could be seismic. Hospitality employers may wonder, “How will this impact my business?” Then, consider how currently exempt employees would be affected by the proposed rules. Highly compensated employees’ thresholds would increase to $107,432.

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How to Combat Low Customer Retention in Hospitality

Are Morch

It’s interesting to note that the hospitality industry has the lowest customer retention rates when compared to other industries. Customer retention is an important component of any business’s success and growth, and low retention rates in the hospitality industry can negatively affect revenue and profitability.

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Seven signs it’s time to change your Property Management System (PMS)

MEWS

The hospitality industry has changed a lot in the last four years. You’ve likely been affected by some or all of these areas, and they’re all ultimately reasons to switch property management system (PMS).

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Starbucks back-pays Australian staff $4.5 million

Hospitality Magazine

Staff working at 52 Starbucks locations were affected, with roles varying from baristas and supervisors to assistant managers and individual underpayments ranging from $20 to $18,574. million appeared first on hospitality | Magazine. ” The post Starbucks back-pays Australian staff $4.5

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