Fri.Mar 15, 2024

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Choosing the Best Payment Processor For a Restaurant

Modern Restaurant Management

The most popular way to pay at restaurants is through card transactions, whether it's credit or debit. According to a PYMNTS study , 68 percent of consumers use their credit cards to purchase food at a restaurant, equating to $29.8 billion in sales in February 2022. While credit cards seem easy and simple for consumers, the payment method impacts a restaurant's bottom line more than guests realize.

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At the Houston Rodeo, Black Cowboy Culture Never Left the Saddle

EATER

Photo illustration by Lille Allen; Bun B photographed by Bob Levey/Stringer via Getty; Beyoncé photographed by Mason Poole; barbecue images by Jason Fochtman/Houston Chronicle via Getty Images; Joel Villanueva/Getty; Gregory Smith/Getty; and razerbird/Getty [link]

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WalletHub Survey: Tipping Is Out of Control

Modern Restaurant Management

Tipping has gotten out of control, according to nearly three in four Americans who took part in WalletHub's Tipping Survey. Approximately 78 percent think automatic service charges should be banned. "More and more types of establishments are starting to ask for tips, and suggested tip amounts are growing higher, so it’s understandable that people are frustrated, especially when this issue comes alongside inflation,” said Cassandra Happe, WalletHub Analyst. “Tipping is s

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Meghan Markle Returns to Her Lifestyle Maven Throne

EATER

Photo by Gary Miller/Getty Images The Duchess of Sussex may soon start selling you marmalade and kitchen towels If you are living under a rock, you might not be aware that the British royal family is mired in chaos at the moment. In the midst of King Charles’s cancer diagnosis and the swirling conspiracy theories surrounding the “missing” Princess Kate, who’s scarcely been seen in public since Christmas 2023, self-exiled royal Meghan Markle, the Duchess of Sussex and wife of Prince Harry, is hop

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Business Automation in Hospitality: A New World

Dive into the transformative potential of business automation within the hospitality sector. This comprehensive overview showcases how innovative technologies can streamline operations, reduce costs, and elevate guest satisfaction. Discover the advantages of integrating systems like automated check-ins, CRM, and energy management to not only save on expenses but also to provide a seamless and personalized guest experience.

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Download NOW! The 2024 U.S. Industry Outlook

Hotel Business

Executives from CoStar, CBRE, Kalibri Labs and more forecast how hotels will perform this year, while owners and operators provide their thoughts on how each chain scale will do. The 2024 U.S. Industry Outlook originally ran as a supplement to the January 2024 issue of Hotel Business. Complete the form below to download the report. Name * First Last Company Name * Job Title * State * Phone * Email Address * Consent * I have read and agree to the Email Consent Policy.

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Bradford Allen acquires Glendale Aloft for $23.75M

Hotel Business

The investment arm of Bradford Allen , a national full-service real estate firm, has acquired Aloft Glendale at Westgate, a 100-key hotel in Glendale, AZ. The property marks the company’s second acquisition in the Westgate Entertainment District , joining nearby TownePlace Suites Glendale, which was purchased in late 2022. The property sold for $23.75 million.

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IHCL Announces a 350 Key Taj Hotel in Indore, Madhya Pradesh

Hospitality Net

Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a Taj hotel in Indore, Madhya Pradesh. The hotel is a Greenfield project and will be one of the largest convention facilities in Central India.

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Taylor Touches Down and Hotel Prices Swiftly Rise

Revenue Hub

Overall, the arrival of Swift is positive for pricing in every hotel market we look at, although the level of variation from destination to destination can be quite extreme, for reasons we will discuss later. Given that this most mammoth of tours stops at an impressive 18 European cities for a combined total of 51 shows, we have condensed the analysis somewhat to show the effect Swift has on local markets.

Pricing 101
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DoubleTree by Hilton Hartford and The Revel Apartments Celebrate Grand Opening with Ribbon-Cutting Ceremony

Hospitality Net

The DoubleTree by Hilton Hartford and The Revel Apartments, a premier mixed-use development, today celebrated its grand opening with a ribbon-cutting ceremony. The ceremony was attended by distinguished guests, including Ned Lamont, Governor of Connecticut; Arunan Arulampalam, Mayor of Hartford; and William Fortier, Senior Vice President - Development, Americas, Hilton.

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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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How Google Consent Mode V2 Will Impact Hotel Website Traffic In EEA

Revenue Hub

As of 2024, Google has announced that it will begin enforcing key EU regulations that require a website visitor’s consent to track them and serve personalised ads. The change means that for hotels to continue to track guest behaviour on their website and booking engine, hotels will be required to switch on Consent Mode – a feature provided by most major cookie consent solutions.

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IHCL Announces qNew Vivanta Hotel in Ujjain, Madhya Pradesh

Hospitality Net

Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a new Vivanta hotel in Madhya Pradesh’s ancient pilgrim city of Ujjain. The hotel is a Greenfield project.

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Is Making Your Own Chinese Sausage Worth It?

EATER

Lily Fossett DIY charcuterie can be yours, provided you don’t let humidity get in the way As someone who had previously only flirted with the idea of making sausages, I surprised myself when I came home at the start of February with a three-pound slab of pork belly and a $20 sausage stuffer. Perhaps it was a particularly celebratory Lunar New Year that enticed me to make my own fragrant and fatty slices of lap cheong to wok-toss into my favorite rice dishes.

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Less than a Month Away from the Total Solar Eclipse, Travelers are Booking Hotels at a Record Rate of 800% Compared to Last Year

Hospitality Net

Choice Hotels International, Inc. (NYSE: CHH) one of the world’s largest hotel franchisors, has over 400 hotels in the path of the total solar eclipse taking place on April 8 that are being booked at an increased rate of 800% compared to the same date last year. The total eclipse will be visible along a narrow track stretching from Texas to Maine. More than 20% of American travelers say they are likely to take a trip to experience next month’s total eclipse, according to the State of the America

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No-Code Technology: The Key to Unlock the Future of Your Business

Global economies are reeling from recent upheavals—pandemic aftershocks, geopolitical conflicts, and a tech sector crunch. Mark Zuckerberg's 2023 "Year of Efficiency" ethos extends into 2024, with leaders seeking cost reductions without stunting growth. No-code technology emerges as a beacon of hope, fostering resilience and adaptability. Platforms like Make.com and Zapier empower even non-technical staff to automate and innovate, freeing IT for strategic tasks.

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Where’d You Go, Piquette?

EATER

Piquette, a natural wine category that was once the industry's cool fad, is now practically endangered. How did it rise and fall so quickly?

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Concept Week: A global culinary adventure at the Museumcafé

Hospitality Net

At EHL Passugg, a pivotal experience awaits hotel management students in their 4th semester—the Concept Week, a highlight in their academic journey. This immersive undertaking serves as a paramount opportunity for students to apply their acquired knowledge in a practical setting. The primary objective is to collaboratively conceive and execute an F&B pop-up concept.

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Why Hotel Price Monitoring Matters and Best Practices

Revenue Hub

Hoteliers and revenue managers rely on effective hotel price monitoring to optimize revenue and maximize profitability. By understanding market trends, demand patterns, and competitor pricing strategies, hoteliers can adjust their pricing strategies in real time to attract more guests and maintain a competitive edge in the industry. NB: This is an article from eZee Absolute Subscribe to our weekly newsletter and stay up to date On the flip side, for travelers, monitoring hotel prices can mean th

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Leveraging Guest Satisfaction and Operational Efficiency to Negotiate Better Brand Partnership Terms: Measuring the Value of the Flag Over the Door

Hospitality Net

In the competitive hospitality industry, the value of a brand partnership extends far beyond mere association. Hotel owners increasingly recognize the importance of enhancing guest satisfaction and operational efficiency and ensuring these critical elements are intricately woven into the financial fabric of their brand agreements. An innovative approach to this is negotiating clauses that allow for reduced fees and introduce potential penalties for the brand should guest satisfaction dip below a

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Top 5 Ways to Optimize Your Loyalty Strategy

Speaker: Lauren Barash, Vice President, Brand Marketing

In an ever-evolving industry, building and retaining loyal customers is critical to the success of any restaurant business. Join Lauren Barash, VP of Brand Marketing at Full Course, as she delves into the world of restaurant loyalty programs, and reveals the top five essential strategies to optimize your approach! This webinar will explore: Loyalty trends and what you should be focusing on 📊 Actionable insights and ideas to help you develop the most powerful and effective loyalty program

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Berkadia negotiates sale of Tampa SpringHill Suites

Hotel Business

Berkadia has negotiated the sale of the 103-key SpringHill Suites Tampa Brandon. Managing Director Michael Weinberg and Associate Director Kyle Sahlsten of Berkadia Orlando and Tampa led the transaction on behalf of the seller, Florida-based Impact Properties. The property was sold to a joint venture between Florida-based Sonari Capital Partners and Ark Development.

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Year of the Dragon: How Lunar New Year hotel performance mirrored the Chinese zodiac sign

Hospitality Net

In Chinese culture, the dragon represents strength and good luck, which is fitting as Lunar New Year brought performance growth to China hotels once more during the important holiday period.

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A Lifelong Passion

Lodging Magazine

What initially inspired you to get into the hospitality business? I stumbled into the hospitality industry by accident. What was supposed to be just a high school job turned into a lifelong passion for the industry. I started in housekeeping when I was 15 and was blessed with other opportunities to work in each department of the hotel and food and beverage.

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The Role of Art in Hotel Sustainability

Hospitality Net

Did you know that 39% of greenhouse gas emissions on the planet come from buildings? And over half of the materials that go into landfills in the U.S. come from construction? These are just a few of the insights shared by Jon Buerge, Chief Development Officer at Urban Villages, on The NINE dot ARTS Podcast. And Jon isn’t the only leader I’ve spoken with who is increasingly aware of the environmental impacts of real estate development.

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Win More in 2024: Your Guide to Restaurant Marketing Success

Your Guide to Restaurant Marketing Success Start maximizing ROI and doing more with less with Olo’s ultimate guide to restaurant marketing. In this guide: Strategies to level up in 4 key areas: data, audiences, content distribution, and loyalty Interactive checklists to help you track your progress throughout the year Tips for leveraging guest data across your entire business What you’ll learn: Level 1 | Beginner: Learn how to collect guest data, build a healthy subscriber list, launch personali

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NRN editors talk about the rise in snack items, Florida’s delivery law, and McDonald’s attempt to return to its value player status

Nation's Restaurant News

Hear more about this week’s biggest restaurant news stories

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FutureLog Showcases Hospitality Procure-to-Pay Solutions as Sponsor of the 2024 Asian Hotel Industry Conference & Exhibition in Singapore

Hospitality Net

FutureLog, the leading provider of innovative cloud-based procure-to-pay solutions for the hospitality industry, made a significant impact as both sponsor and panel moderator at the recent Asian Hotel Industry Conference & Exhibition (AHICE) South East Asia held in Singapore. Hosted by HM Magazine, this year’s event took place from February 27-29 and gathered industry experts, hotel professionals, and technology leaders from around the world.

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HEI Hotels & Resorts Adds Two Atlanta Hotels to Its Portfolio

Lodging Magazine

NORWALK, Connecticut—HEI Hotels & Resorts added the DoubleTree by Hilton Atlanta-Roswell and DoubleTree by Hilton Atlanta–Alpharetta to its portfolio, bringing the total number of hotels managed in the metropolitan Atlanta market to 14. The 174-key DoubleTree by Hilton Atlanta-Roswell is located off Turner McDonald Parkway, within three miles of office parks, dining, and downtown Roswell.

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IHCL Announces the Signing of a SeleQtions Hotel in Surat, Gujarat

Hospitality Net

Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a hotel in Surat, Gujarat. The Greenfield project will be branded an IHCL- SeleQtions hotel.

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Unlock Restaurant Success: Mastering 7 Vital Employment Laws

As a restaurant leader, your plate is full with responsibilities, from staff management to serving up delicious dishes. But amidst the hustle, there's a crucial area you can't afford to overlook – employment laws. In this comprehensive eBook, we'll unveil the seven essential employment laws every restaurant leader must master. We'll break down the intricacies of each law, showing you how it directly impacts your business.