Lodging Magazine

MARCH 1, 2024

The sale is expected to be completed in March and is subject to normal closing conditions. The company provides no assurances that the sale will be completed on these terms or at all. DALLAS—Ashford Hospitality Trust, Inc. For the trailing 12 months ended Dec.

Definition 69

Definition Magazine 69

Hotel Business

MARCH 11, 2024

Choice decided not to accept any shares pursuant to the offer due to a number of factors, including the refusal of the Wyndham board to engage in discussions on terms and the fact that a number of the conditions to the offer, such as the minimum tender condition, remained unsatisfied as of the expiration date.

Strategic Planning 72

Strategic Planning Accounting 72

Hospitality Magazine

DECEMBER 11, 2023

Find further details on how to enter and full terms and conditions here. Heering Cherry Liqueur is searching for the best Christmas-inspired cocktail as entries open once again for the international Cherry Christmas Cocktail Competition.

Magazine 130

Magazine 130

Workforce Bulletin

AUGUST 30, 2023

In a significant departure from decades-old precedent, the Fifth Circuit held that employees can survive a motion to dismiss by pleading adverse actions with respect to the “terms, conditions, or privileges of employment” without showing that the employer’s action was consequential with respect to compensation or other major benefits.

Scheduling 92

Scheduling Presentation 92

Hotel Business

FEBRUARY 14, 2024

The terms of the agreement were not disclosed and are subject to the satisfaction of certain standard closing conditions. Upon closing, Marcus Hotels & Resorts will assume management of the hotel, which will be rebranded under another major global hotel system. “The of flexible meeting space.

Property Management 105

Property Management 105

Hotel Business

MARCH 11, 2024

The $62-million, non-recourse loan has a two-year term. “We are pleased to capitalize on the current favorable conditions in the lending markets to secure this attractive financing of the iconic Ritz-Carlton Reserve Dorado Beach,” said Richard J. . Braemar Hotels & Resorts Inc. ,

Reservations 69

Reservations Marketing 69

Hotel Business

OCTOBER 18, 2023

Wyndham Hotels & Resorts has revealed that its board of directors unanimously rejected a “highly conditional, unsolicited” stock-and-cash proposal by Choice Hotels International Inc. to acquire all outstanding shares of Wyndham. Holmes, chairman, Wyndham board of directors. Choice has been unwilling or unable to address our concerns.

Pricing 105

Pricing Presentation Marketing 105

Revenue Hub

MARCH 11, 2024

If you sell a room at X price, you will earn X profit rather than trying to forecast prices based on market conditions. Benefits of cost-based pricing strategy in the hotel industry This model is popular because it guarantees a minimum profit and supports long-term planning. How to calculate your hotel cost-based pricing?

Pricing 96

Pricing Article Accounting Information 96

Hospitality Net

FEBRUARY 16, 2024

The sale is expected to be completed in early March and is subject to normal closing conditions. The Company provides no assurances that the sale will be completed on these terms or at all. When adjusted for the Company’s anticipated capital expenditures, the sale price represents a 4.6% 2023 Hotel EBITDA.

Definition 79

Definition Pricing 79

Hospitality Net

OCTOBER 27, 2023

The standard is used to determine when two or more employers are jointly responsible for a shared group of workers’ essential terms and conditions of employment and thus jointly liable for violations of the National Labor Relations Act and have joint bargaining responsibilities for unionized employees.

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75

Hotel Owner

MARCH 23, 2023

The MPC said it would “continue to monitor closely” the effects on credit conditions faced by households and businesses, and in turn the impact on the macroeconomic and inflation outlook. This lower-than-expected rate is largely due to the near-term news in the budget including on the EPG, alongside the falls in wholesale energy prices.

Budgeting 105

Budgeting Pricing Marketing 105

Lodging Magazine

OCTOBER 27, 2023

WASHINGTON—American Hotel & Lodging Association (AHLA) President and CEO Chip Rogers spoke after the National Labor Relations Board issued a final regulation expanding the “joint-employer standard” under the National Labor Relations Act.

Magazine 69

Magazine 69

Revenue Hub

APRIL 26, 2024

Evaluating Campaign Effectiveness: YoY data allows you to assess the long-term success of your marketing campaigns. Evaluating Campaign Effectiveness: YoY data allows you to assess the long-term success of your marketing campaigns. If you haven’t already transitioned away from UA, find out everything you need to know about GA4 here.

Accounting 98

Accounting Book Article Definition 98

Hotel Business

MARCH 11, 2024

Under the terms of the LOI, following the consummation of the business combination, the combined public company would be listed on a national securities exchange. Under the terms of the LOI, following the consummation of the business combination, the combined public company would be listed on a national securities exchange.

Definition 64

Definition Marketing 64

Hospitality Net

APRIL 18, 2023

The terms of this agreement are designed to allow the Company, subject to the satisfaction of certain conditions, to eliminate all debt associated with the Convertible Notes and gain access to new equity capital through a mandatory conversion feature.

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Hotel Owner

NOVEMBER 20, 2023

The council has agreed a long-term lease with hospitality firm The Oakman Group for its redevelopment. The council has since been negotiating the terms and conditions of a 35-year-long lease. The Hall, surrounded by woodland and the Batchwood golf course, will also become a venue for weddings and other celebrations.

Scheduling 98

Scheduling Information 98

InnQuest

AUGUST 8, 2023

In other words, it is a form of dynamic pricing where businesses vary the prices based on the changes in demand and real-time market conditions. In conclusion, embracing seasonal pricing as a revenue management strategy can undoubtedly contribute to the long-term success of hotel businesses. Firstly, What is Seasonal Pricing?

Pricing 220

Pricing Guest Satisfaction Blog Budgeting 220

Revenue Hub

APRIL 8, 2024

The Commoditization of Search and Discovery Meta search engines like Tripadvisor, Trivago and Google Hotel Ads have conditioned guests to filter primarily by quantitative metrics like star rating, guest rating, and nightly price during hotel evaluation. The Expedia Group owns 400+ booking sites spanning 75 countries.

Book 100

Book Accounting Article Pricing 100

Modern Restaurant Management

JULY 9, 2020

Businesses are looking at short-term and long-term fixes for operating safely. The global pandemic of Covid-19 is fast tracking infection control technologies and products in public restrooms. Companies, educational institutions and municipalities are all now evaluating new procedures and products for their restroom facilities.

Facility Management 177

Facility Management 177

InnQuest

SEPTEMBER 12, 2023

Effective hotel operations management is vital for a hotel’s success, reputation and long-term sustainability in the competitive hospitality industry. Maintenance: The maintenance department ensures that all hotel facilities and equipment are in good working condition.

Maintenance 220

Maintenance Guest Satisfaction POS Systems Housekeeping 220

Modern Restaurant Management

AUGUST 4, 2022

Heat stroke, heat exhaustion, and heat cramps are illnesses categorized under the term “heat stress,” which happens when the body is unable to cool itself off through sweating. Acclimate employees to hot conditions over 7 to 14 days. Dangerous Heat Situations. Heat Safety Resources.

Training 186

Training Download Information 186

Modern Restaurant Management

SEPTEMBER 14, 2023

" This term refers to the impact that changing weather conditions, specifically in September, can have on the functioning and performance of these essential appliances. As the summer season transitions into fall, businesses that rely on commercial ice machines may notice a phenomenon known as the "September Effect."

Maintenance 98

Maintenance Sanitation Scheduling Training 98

Modern Restaurant Management

APRIL 18, 2022

It is important for restaurant operators to plan ahead in terms of staffing and scheduling. Restaurant operators should be sure that lights and equipment are built to withstand outdoor conditions, and proper covering and wiring around outlets is crucial. Often with more available seating comes an influx of guests.

Server 167

Server Scheduling Information Accounting 167

Boutique Hotelier

FEBRUARY 14, 2023

Owners Chris and Alison Wilson have made the decision to take the hotel off market due to ‘uncertain market conditions’, less than a year after it went up for sale with an asking price of £12.5m However, our timing was off in terms of the economic uncertainty with high inflation and rising interest rates. in June 2022.

Marketing 73

Marketing Pricing 73

Luxury Hospitality Magazine

MARCH 18, 2024

This emphasis stems from recognising that sleep deprivation not only leads to fatigue, anxiety, and depression, but also contributes to long-term conditions like heart disease, obesity, and Type 2 diabetes. At Hypnos, the central focus revolves around the ‘Art of Designing for Sleep,’ a cornerstone of the guest experience.

Magazine 52

Magazine 52

Modern Restaurant Management

FEBRUARY 27, 2020

In January 2020, the United States Department of Labor (USDL) announced a final ruling which updates the interpretation of “joint employer” status under the Fair Labor Standards Act (FLSA) effective March 16, 2020. Finally, the USDL has helped shed some light on this issue. How does 'joint employer' status come into play?

Scheduling 159

Scheduling Definition Document Marketing 159

Modern Restaurant Management

MARCH 9, 2023

Local authorities establish and enforce these laws, so the specific guidelines as to who can sell, purchase and consume alcohol and under what conditions (and the punishments for violation) vary widely across jurisdictions. Patrick’s Day and year-round. Don’t cut anyone off in front of others if you can help it. Take a buddy).

Training 177

Training Information Server Definition 177

Modern Restaurant Management

NOVEMBER 8, 2022

An increase in these injuries could result in higher insurance rates in the long term; in the short term, they disrupt your ability to operate at peak capacity and could negatively impact the morale of all employees. Your restaurant is open and customers are back. New Employees Have More On-the-Job Injuries. Inadequate training.

Training 195

Training Server Accounting Marketing 195

Hotel Business

SEPTEMBER 11, 2023

The $140-million secured loan has a three-year initial term with two one-year extension options, subject to the satisfaction of certain conditions. We are extremely pleased with the favorable terms of this loan in a challenging financing market,” said Raymond D. The payoff of the remaining $21.5 The payoff of the remaining $21.5

Marketing 59

Marketing 59

Hotel Owner

MARCH 6, 2024

Friendly fraud is a popular term used to describe chargeback fraud, which involves a consumer being issued a refund on a legitimate credit purchase once the goods and/or services have been delivered. Since then, the hotel and broader hospitality industry has faced a historic influx in new bookings. Let’s take a closer look.

Document 90

Document Book Accounting Communication 90

InnQuest

JUNE 8, 2023

In simpler terms, businesses can use AI to gather and analyze a ton of data about specific customers, allowing them to customize their services and offerings to suit their needs and preferences. Are you curious about the latest trends and impact of AI in the hospitality industry? Here’s everything you need to know and more.

Maintenance 135

Maintenance Guest Satisfaction Pricing Marketing 135

Hotel Business

FEBRUARY 29, 2024

The sale is expected to be completed in March and is subject to normal closing conditions. The company provides no assurances that the sale will be completed on these terms or at all. For the trailing 12 months ended Dec. 31, 2023, the hotel’s net income was $2.3 million, its net operating income was $14.9 2023 hotel EBITDA.

Definition 59

Definition Pricing Marketing 59

Revenue Hub

AUGUST 23, 2023

NB: This is an article from Atomize , one of our Expert Partners By applying economic theory to this practice, hoteliers utilizing revenue management not only can optimize revenue generation, but also achieve economies of scale, earn market share, and foster long-term success.

Pricing 80

Pricing Article Marketing Events 80

Revenue Hub

JUNE 20, 2023

It can be used as a short-term tactic, such as a spot-check to see what competitors are charging on an upcoming weekend, to manage rate parity, or as part of a long-term revenue management strategy , with frequent rate checks to identify patterns in competitor pricing and determine how best to position one’s own rates.

Pricing 81

Pricing Article Book Information 81

Hotel Owner

FEBRUARY 2, 2023

On the outlook, the MPC has said there are still “considerable uncertainties”, and ​​that it will “continue to monitor closely indications of persistent inflationary pressures”, including the tightness of labour market conditions and the behaviour of wage growth and services inflation.

Pricing 105

Pricing Marketing 105

Hotel Business

APRIL 19, 2023

CHC sourced the loan with a New York City-based bank on a five-year term and a favorable fixed rate. Beau Williams, senior managing director, CHC, said, “Noting the extreme fluctuations in current capital market conditions, we strategized that a bank balance sheet would fit the mold perfectly on this refinance.

Marketing 52

Marketing 52

Hotel Business

MARCH 14, 2024

AJ Capital will remain the owner of the more than 35 operating and pipeline Graduate properties, each of which will be operated under long-term Hilton franchise agreements. The company expects the fee contribution for the first full year of ownership to be approximately $16 million. and the U.K.,

Presentation 105

Presentation Marketing Book Events 105