Finance & Development : Lodging Magazine

AUGUST 10, 2023

DALLAS—Commercial real estate prices are showing signs of stabilizing as inflation moderates and the Federal Reserve nears the end of its interest rate hiking cycle, according to a new CBRE survey. Commercial Real Estate Prices Show Signs of Stabilization appeared first on LODGING Magazine.

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Lodging Magazine

FEBRUARY 7, 2024

Duetto acquired Micerate, a provider of pricing and online booking tools tailored for meetings and event spaces. The milestone underscores Duetto’s dedication to revenue management solutions, with a focus on the groups and events sector.

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Modern Restaurant Management

OCTOBER 8, 2020

Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Any weather-related issues can have a dramatic effect on supply and prices as lettuce transitions from one area to the next. As we know, weather is not always predictable.

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Hospitality Magazine

JANUARY 24, 2024

The menu is priced at $350 per head, and includes a welcome glass of Pernet et Pernet Champagne. The post Michelin-star chef’s pop-up at Freyja appeared first on hospitality | Magazine. Bookings are now open with sittings commencing at 6pm from 8-10 February.

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Lodging Magazine

APRIL 26, 2024

Given the variety of products in terms of price point and features, it’s best to start this exploration well before the warranty expires on the hotel’s current mattresses, advised David Wiles, director of Tempur […] The post An Inside Look at Mattresses: Delving Into the Technology Prior to Procurement appeared first on LODGING Magazine.

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Hospitality Magazine

JANUARY 17, 2024

Bookings are now open, with prices starting at $60. The post Mahjong club takes over Merivale’s Est. for one day appeared first on hospitality | Magazine. The Mahjong Club is open from 1:30-9:00pm and is hosted by Remy Hii.

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EATER

JUNE 14, 2021

To mark this big reopening in the restaurant world and our social calendars, the Eater New York and New York Magazine food section teams joined forces to create a thorough guide to the places that have opened or significantly changed since the onset of the pandemic. Is this the end of the millennial lifestyle subsidy ?

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Hospitality Magazine

JANUARY 11, 2023

For pubs, that means covering the cost, looking for alternatives or seeing menu price rises. The increase in the price of potatoes puts more financial pressure on pubs already facing increased costs including power, beer excise, drinks over the bar, transport and staff.

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Modern Restaurant Management

MARCH 12, 2024

To reduce menu confusion and minimize price sensitivity, Ori’Zaba’s Scratch Mexican Grill recently rolled-out a rengineered and easier-to-read menu. The Ori’Zaba team told Modern Restaurant Management (MRM) magazine they watched people walk in and have a physical reaction to the three pricing tiers.

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Hospitality Magazine

NOVEMBER 2, 2022

“We know the price tag is big, but we think every dollar is worth the Woodford Gold Fashioned.” ” So what goes into the $15,000 price tag? The post Old Fashioned Week kicks off with $15,000 cocktail appeared first on hospitality | Magazine.

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Reservations Pricing Magazine 246

Lodging Magazine

FEBRUARY 23, 2024

About three years ago, Oracle Hospitality acquired Nor1 to deliver an AI (artificial intelligence) solution for real-time pricing and inventory management—specifically to create ancillary offers to guests—and embedded that tool into Oracle’s property management system, OPERA Cloud.

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Property Management Pricing Magazine 119

Hospitality Magazine

JANUARY 29, 2024

Odé also serves premium international wines at retail prices, to invite guests to elevate their experience at an approachable price point. The post Modern Australian eatery Odé opens in North Adelaide appeared first on hospitality | Magazine. Odé is now open at Shop 7, 147 O’Connell Street, North Adelaide.

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Lodging Magazine

FEBRUARY 5, 2024

percent) “Total industry revenues and profits were well beyond 2022 levels as pricing power continued to outweigh the impact of softer […] The post CoStar: P&L Data Shows Improvement in Group Business appeared first on LODGING Magazine. percent)TRevPAR: $211.49 (up 9.6 percent)EBITDA PAR: $53.05 (up 7.6

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Hospitality Magazine

JANUARY 18, 2023

“We want to bring those luxe vibes at an affordable price tag.” The post Second Senpai Ramen opens in Burwood next week appeared first on hospitality | Magazine. “Our aim is to bring the fine dining experience to Burwood but making it accessible for everyone to enjoy including families,” says Kojima.

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Hospitality Magazine

SEPTEMBER 19, 2023

.” Focusing on sushi, items are priced between $4-12 per piece, with guests able to choose from more than 25 options. Guests can also choose to take part in three different omakase experiences priced at $40 for eight pieces, $55 for nine pieces, and $70 for 12 pieces – all including tamago.

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Hospitality Magazine

MAY 8, 2023

To celebrate the launch, pizza slices and sandwiches are half price all day tomorrow. The post Merivale opens pizza by the slice venue Oti in Sydney’s CBD appeared first on hospitality | Magazine. The venue will open from 11am seven days a week until 8pm Sunday to Wednesday and 2am Thursday to Saturday.

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Hospitality Magazine

SEPTEMBER 27, 2023

A whole duck is also available to order, which is priced at $80 and teamed with prunes, wild oregano, and liquorice. The post Clayton Wells releases new menu for Public’s Strand Hotel appeared first on hospitality | Magazine. Strand Bistrotheque is open seven days a week, with Kasbah open from Wednesday to Sunday.

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Hospitality Magazine

JANUARY 17, 2024

Each set menu is priced at $119 and bookings are now open. The post Sydney’s Lana announces 2024 collaborative chef series appeared first on hospitality | Magazine. Come April 10, diners will be able to sample Oh’s take on a tiramisu with injeolmi and Milkis and a guanciale and kimchi pie.

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Hospitality Magazine

JULY 12, 2023

The pub, which had an asking price of $7.5 The post Heritage-listed Balmain pub The Dry Dock announces open date appeared first on hospitality | Magazine. Historic Sydney pub The Dry Dock will reopen late this year under new owners Peninsula Hospitality, run by Mike Everett and James Ingram.

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Hospitality Magazine

AUGUST 29, 2023

Nidaime, meaning second in Japanese, launches on 30 August at Yugen Tea Bar in South Yarra, and offers a shorter more ‘approachable’ menu priced at $175pp. The post Melbourne’s Yugen launches second omakase offering Nidaime appeared first on hospitality | Magazine. Bookings are now open.

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Pricing Magazine Book 130

Lodging Magazine

APRIL 15, 2024

Together, these technologies give hoteliers with real-time room block data to make accurate inventory and pricing decisions while driving engagement with planners and attendees via direct room booking and upgrade options. For […] The post Cvent Passkey to Integrate With Maestro’s PMS Solution appeared first on LODGING Magazine.

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Property Management Pricing Magazine Book 69

Hospitality Magazine

MARCH 22, 2023

There’s also the option to dial up chef-selected dishes with caviar priced at $30g for 3g. The post Ele introduces a snacks-only tasting menu The Star Sydney appeared first on hospitality | Magazine. Bookings are now open.

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Pricing Magazine Book 246

Hospitality Magazine

OCTOBER 2, 2023

“Eddy’s is all about delicious, easy and price friendly food and drinks. The post Bathers’ Pavilion opens Italo spin-off venue Eddy’s in Balmoral appeared first on hospitality | Magazine. Eddy’s is open Wednesday to Sunday until November before trading seven days December until January.

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Industry Insights Lodging Magazine

AUGUST 28, 2023

The purchase price represents a premium of approximately 60 percent over Hersha’s closing share price on August 25, 2023, the last full trading day prior to this […] The post KSL Capital Partners Acquires Hersha Hospitality Trust appeared first on LODGING Magazine.

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Definition Pricing Magazine 98

Industry Insights Lodging Magazine

OCTOBER 17, 2023

at a price of $90.00 Choice’s proposal represents a 26 percent premium to […] The post Choice Announces Proposal to Acquire Wyndham appeared first on LODGING Magazine. ROCKVILLE, Maryland—Choice Hotels International, Inc. announced a proposal to acquire all the outstanding shares of Wyndham Hotels & Resorts, Inc.

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Modern Restaurant Management

MARCH 11, 2022

. “In order to keep distribution costs in check, we partnered with our distributors and suppliers by being more flexible, consolidating delivery days, and allowing later delivery window times when needed,” Corporate Executive Chef, David Cox told Modern Restaurant Management (MRM) magazine.

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Hospitality Magazine

NOVEMBER 27, 2023

“This Toddy Shop is a replication of everything I love about the South of India, incredible food made by locals for locals at a great price,” says Tropp. The post Toddy Shop by Marthanden Hotel to open in Collingwood appeared first on hospitality | Magazine. Hayden Dibb.

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Lodging Magazine

MARCH 21, 2023

The demand and emergence of new mid-price and economy hotels in the U.S. Here are six things to keep in mind when evaluating potential franchisors for a mid-price or economy extended stay hotel. A […] The post Selecting an Extended Stay Franchise Brand appeared first on LODGING Magazine.

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Hospitality Magazine

FEBRUARY 12, 2024

. “We are putting a lot of emphasis on creating an offering where people can come in and have a well-priced meal on a Tuesday night or go all out on the weekend or for a special occasion – there’s something for everyone!” The post Argentinian eatery Casa Esquina arrives in Balmain appeared first on hospitality | Magazine.

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Hospitality Magazine

FEBRUARY 6, 2023

” The multi-course tasting menu is priced at $685 per person and will run across lunch and dinner sittings from Wednesday to Sunday. 1 restaurant in the world Mirazur comes to Sydney appeared first on hospitality | Magazine. Three Michelin stars for a non-French chef in France.” Bookings for Mirazur Sydney open on 13 February.

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Front of House Pricing Magazine Book 246

Hospitality Magazine

FEBRUARY 6, 2023

A digital menu gives you endless flexibility to experiment with new dishes, drinks and pricing. If something doesn’t work, it’s gone in minutes, or you can raise the price if it’s a success. Recipe costing works hand in hand with a kitchen system that manages ordering and flags unexpected price rises. Upgrade your menu.

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Hospitality Magazine

JANUARY 31, 2023

The eight-course menu will be priced at $420 per person, with curated wine pairings also available for $190, $290 or $750 per person. The post The UK’s L’Enclume comes to Sydney this July appeared first on hospitality | Magazine.

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Front of House Pricing Magazine Book 246

Hospitality Magazine

OCTOBER 3, 2022

Tickets are priced at $199 per adult and $139 per child (including beverages). The post Kakadu Kitchen and Cooinda Lodge launches dinner event appeared first on hospitality | Magazine. To book click here.

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Events Pricing Magazine Book 246

Modern Restaurant Management

SEPTEMBER 7, 2021

Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. As we move into a new dawn of operational risks, challenges and successes, it’s important that supply chain overlaps and over pricing are kept to a minimum.

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Modern Restaurant Management

AUGUST 30, 2023

To learn about best financial planning practices, Modern Restaurant Management (MRM) magazine reached out to Ben Johnston, COO of Kapitus, which provides financing for small and medium sized businesses. Consider reducing the size and price of certain staples and then offering a “super-sized” portion for a higher price.

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Hospitality Magazine

SEPTEMBER 6, 2023

But steak often comes with a hefty price tag, which means the protein is usually ordered by guests for special occasions over a casual meal — until now. While quality and taste were part of the criteria, price also influenced the final decision. “I Price point is naturally a big factor for the chef when selecting proteins. “We

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Modern Restaurant Management

FEBRUARY 16, 2022

Modern Restaurant Management (MRM) magazine quizzed expert Kathryn Petralia, co-founder of Kabbage, an American Express Company, for her analysis on what restaurants owners need to understand about inflation. Those who don’t are effectively lowering their prices. How is inflation affecting food prices?

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