Fri.Nov 01, 2024

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Why Starbucks Doesn’t Hit Like It Used To

EATER

Beata Zawrzel/NurPhoto via Getty Images New CEO Brian Niccol is hoping customers will fall back in love with the coffee chain. Here’s why they fell out of love in the first place. I used to be a near-daily Starbucks drinker. In my early 20s, I commuted to work and stopped at the coffee behemoth almost every morning for an iced caramel latte and a breakfast sandwich.

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U.S. hotel results for week ending Oct. 26

Hotel Business

The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through Oct. 26. Oct. 20-26 (percentage change from comparable week in 2023): Occupancy: 69.0% (+4.5%) ADR:$168.69 (+4.6%) RevPAR: $116.32 (+9.3%) Among the top 25 markets, Tampa saw the largest occupancy lift (+28.1% to 84.2%), due to continued displacement demand from Hurricane Milton.

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Namasteak, USA

EATER

Photo illustration by Lille Allen; Photos of Indus steaks by Chris Peters [link]

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McKinsey: Travel Tuesday is Real and Growing

Revenue Hub

Shoppers in the United States are generally aware of Black Friday – the day after the Thanksgiving holiday, when many retailers offer special, one-day deals and discounts. NB: This is an article from McKinsey & Co. Subscribe to our weekly newsletter and stay up to date Lore holds that this late-November day got its name because it’s when many retail stores’ annual ledger sheets at last emerge from the red (meaning losses) and get into the black (meaning profits).

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Accor Announces the Signing of Sofitel Sapa Hotel & Residences in Northern Vietnam

Hospitality Net

Accor, a global leader in hospitality, is proud to announce the signing of Sofitel Sapa Hotel & Residences, a landmark luxury development set to bring Sofitel’s signature French elegance and cultural refinement to the breathtaking highlands of Northern Vietnam. This exciting new project will be a combination of 176 rooms and 436 residences. It is expected to open its doors in 2030, marking another milestone in the expansion of Sofitel’s portfolio in Southeast Asia.

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590-Key Princess Grand Jamaica Now Open

Hospitality Net

For those traveling with kids, Princess Grand Jamaica is an all-inclusive, family-friendly resort complete with an aquatic park, kids club, teens center, nanny service and robust activities like tennis and water sports to keep everyone thoroughly entertained. Families can travel in style, with a choice to stay in 590 spacious ocean view suites or groups and large families can enjoy the Family and Master suites.

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Davidson Hospitality Group Enters Partnership With Nautic Partners

Lodging Magazine

ATLANTA, Georgia—Davidson Hospitality Group announced that it has entered into a new partnership with Nautic Partners, a middle-market private equity firm. As part of this partnership, Nautic Partners will acquire Davidson Hospitality Group from an affiliate of KSL Capital Partners, LLC, in partnership with Davidson management. Davidson Hospitality Group has over $2 billion in annual revenue under management.

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CBRE Hotel Brand Performance 2024 Report: Navigating Slower RevPAR Growth to Make Strategic Brand Selections

Hospitality Net

Slowing RevPAR growth and maturation of the U.S. hotel industry are driving brand proliferation to attract new customers. The average number of brands per brand family tracked by CBRE increased to 25 in 2023 from 13 in 2013. RevPAR growth fell to 1.5% between 2018 and 2023 from 3% between 2013 and 2018. Given that year-to-date 2024 RevPAR growth is lower than it was a year ago, we believe this slowdown is more reflective of increasing competition from alternative lodging sources rather than a la

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The 15 Best Cocktail Recipes to Make This Holiday Season

EATER

The 15 best cocktail recipes to make this holiday season, from a Manhattan made with amaro to a winter mezcal Negroni and other easy drinks.

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Food & Beverage Industry Report 2024

Driven by a diverse and exciting ecosystem of passionate, ambitious, and often young entrepreneurs, the Food & Beverage (F&B) sector is a highly competitive environment full of immense challenges and exciting opportunities. Expert Market’s 2024 industry report, sponsored by Toast, is informed by a survey of 522 U.S. food and beverage professionals, from restaurant owners to food service managers, providing insights into the real-time challenges and opportunities within the industry.

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Grand Hyatt Scottsdale Resort Debuts $115M Renovation

Hospitality Net

Hyatt Hotels Corporation (NYSE: H) is proud to announce Grand Hyatt Scottsdale Resort has completed its highly anticipated $115 million property-wide renovation. The property, formerly known as Hyatt Regency Scottsdale Resort & Spa at Gainey Ranch, marks the first Grand Hyatt hotel in Arizona. The newly reimagined luxury resort invites guests to connect with the captivating spirit of the American Southwest, complemented by six elevated dining experiences in partnership with celebrity chef Richar

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The Alfond Inn at Rollins announces the appointment of Justin Williams as General Manager and Michelle Gomez as Executive Chef

Luxury Hospitality Magazine

New Hotel Leaders Bring Hospitality Excellence With Artistic Approach To Award-Winning Winter Park, Florida Luxury Hotel The Alfond Inn at Rollins, the award-winning boutique hotel in the heart of historic Winter Park, is pleased to announce the hiring of two new executives, Justin Williams and Michelle Gomez, as the organization has made headway over the past year in exciting and ambitious new projects.

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Industry Insight: Is Pizza Recession-Proof?

Adora POS

Is pizza truly recession-proof? Discover why this beloved comfort food has shown resilience during economic downturns. From the 2008 financial crisis to the COVID-19 pandemic, learn how the pizza industry leveraged affordability, convenience, and strategic adaptation to weather tough times and even grow. Explore key insights, stats, and questions about the future of pizza in challenging economic climates in our latest industry analysis.

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Princess Senses The Mangrove Opens in Jamaica

Hospitality Net

For couples looking for an intimate escape, Princess Senses The Mangrove is an adult-only, all-inclusive resort, with 401 ocean suites and 14 spectacular overwater villas with partial glass floors and infinity pools, each adorned with thoughtfully crafted details, finished balconies and terraces with swim out pool options. For adults who want to add some spice to their trip, Pleasure Suites are available to provide an intimate and private ambiance.

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Why Every Small Business Needs an HCM Solution: A Comprehensive Guide

Managing HR tasks like payroll, compliance, and employee data can overwhelm small businesses. That’s where a Human Capital Management (HCM) solution comes in. Our eBook, Why Every Small Business Needs an HCM Solution: A Comprehensive Guide , shows how an HCM system automates tedious processes, ensuring your business stays compliant and efficient. You’ll learn how to simplify payroll, eliminate costly errors, and empower your employees with self-service tools.

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The Onion Recall that Impacted McDonald’s Illustrates the Importance of Working as a Supply Chain

Modern Restaurant Management

McDonald’s Quarter Pounders were temporarily removed from the menu across 13 states due to E. coli contamination , likely from onions used on the burgers. This widespread foodborne illness outbreak has killed at least one person and sickened 75 others , with cases expected to rise. Investigators suspect that the contaminated onions came from Taylor Farms, a supplier for McDonald’s and other restaurants.

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Is NIMBY Hurting Your RevPAR?

Hospitality Net

We have all been there. Call it the rise of populism, the growth of grass roots movements, or the increasing recognition of environmental change, NIMBY –is impacting us in both our personal and “hotel” lives.

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Our Favorite Chef-Designed Clog Is BOGO Today

EATER

Snibbs clogs feel great in the kitchen (and look cute in the streets) Not all workwear-inspired brands hit the mark, but Snibbs’ clogs have proven their chops among Eater staff as a comfortable shoe to wear while cooking, walking, and standing all day. I believe the exact words from Eater’s Special Projects’ Director Lesley Suter were, “I’m in love with my Snibbs,” and, well, you can’t beat that.

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Driftwood Hospitality Management Completes Multimillion-dollar Renovation for Marriott-branded Delta in West Palm Beach

Hospitality Net

Driftwood Hospitality Management (DHM) announces the completion of a multimillion-dollar renovation for the Delta by Marriott West Palm Beach, a 199-key hotel located in one of South Florda’s most dynamic markets. The completion demonstrates DHM’s high level of expertise in repositioning hospitality assets and the continued trust from one of the world’s largest hotel brands.

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Best Practices to Streamline Compensation Management: A Foundation for Growth

Speaker: Joe Sharpe and James Carlson

Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.

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Accommodation in Tourism; All Types of Accommodation Explained

Revfine

Accommodation in tourism refers to various places to stay overnight, which are geared towards tourists. Some of the most common examples include hotels, bed and breakfasts, hostels and resorts. The role of accommodation is crucial, as people traveling to new locations need a place to sleep. Accommodation businesses play a major part in the overall The post Accommodation in Tourism; All Types of Accommodation Explained appeared first on Revfine.com.

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Luxury Travel the Focus at UN Tourism Executive Training Programme for Asia and the Pacific

Hospitality Net

UN Tourism welcomed high-level officials from the National Tourism Administrations of 20 Asia-Pacific countries to redefine luxury tourism and explore common paths to growing the sector.

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Avoid the Social Media Graveyard: Keeping Your Profiles Alive

Revenue Hub

During the Halloween season, haunted houses and ghost towns might feel like thrilling seasonal attractions, but when it comes to your hotel’s social media, the last thing you want is an eerie silence. NB: This is an article from Travel Media Group Subscribe to our weekly newsletter and stay up to date An inactive profile can seem as ghostly as an abandoned building, sending the message that your property is anything but lively.

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Hilton Woking Opens Doors to Guests

Hospitality Net

Hilton Woking features extensive meeting and event facilities, including Surrey’s largest hotel ballroom, alongside panoramic views from its 22nd floor LOFT Sky Bar, and marks a significant step in the town’s regeneration.

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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

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Event Tourism: How Music, Sport, and Film Shape Destinations

EHL Insights

From Taylor Swift’s record-breaking concert tours to Mega-Sports events and the surge of screen tourism inspired by hit shows like HBO’s The White Lotus, these phenomena are transforming travel patterns worldwide. The allure of mega-events and on-screen destinations can generate substantial short-term economic boosts, yet they also bring challenges.

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Countdown to the 24th Hospitality Awards: Celebrating Innovation and Excellence in Global Hospitality at the InterContinental Paris Le Grand

Hospitality Net

The 24th Hospitality Awards ceremony is fast approaching, and the results of the nominations for the three finalists in each category have been validated by our international jury. On 28 November, in the presence of leading figures from the world of tourism and hospitality, we invite you to the InterContinental Paris Le Grand to discover which of the 30 pre-selected finalists will be the overall winners.

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Preferred Hotels & Resorts adds 24 properties

Hotel Business

Preferred Hotels & Resorts added 24 new member properties to its global portfolio in the third quarter. “We are pleased to introduce this outstanding group of 24 new members to our global portfolio of luxury independent properties,” said Lindsey Ueberroth, CEO, Preferred Hotels & Resorts. “Expanding the diversity of our global collection, each of these exciting new additions – spanning 14 countries in destinations ranging from the unspoiled shores of Nicaragua’s Emerald Coast to the bust

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McKinsey: The evolving role of experiences in travel

Hospitality Net

Since the dawn of leisure travel, people have journeyed in search of new experiences. They long to meet friendly locals, eat new foods, stroll through unfamiliar landscapes, and witness (or maybe even join) cultural traditions that remind them that they’ve left home.

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Optimize Restaurant Operations With the Right Payroll & HCM Services

Running a restaurant involves juggling numerous tasks, but payroll and HR shouldn’t add to the stress. Our guide, "A Buyer’s Guide to Payroll & HCM Services," is tailored for the restaurant industry to help you choose the best provider. Efficient payroll services ensure timely, accurate payments, crucial for maintaining staff morale. Compliance support helps navigate labor laws and avoid costly fines.