Tue.Aug 27, 2024

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Don’t Get Burned By The IRS – Tax Tips for Restaurant Owners

Modern Restaurant Management

Operating a restaurant is not easy. By the time you manage inventory, staffing, customer demand and narrow profit margins, the last thing you want to think about is the IRS. Recordkeeping and tax deadlines may seem like a low priority item that can be pushed off to another day. However, neglecting these obligations can not only put your restaurant in jeopardy, but expose you to personal liability for certain unpaid taxes.

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Leveraging the latest advances in restaurant technology

Restobiz

By Madan Kanala Efficiency is vital to success in the fast-paced and highly competitive restaurant industry. Maintaining high standards across various locations can be daunting for multi-unit restaurant managers. However, the latest advances in restaurant technology – particularly the Internet of Things (IoT), AI, and robotics – are revolutionizing how these managers can achieve operational […] The post Leveraging the latest advances in restaurant technology appeared first on R

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15 Bar Management Tips to Improve Profitability and Efficiency

Sculpture Hospitality

Running a successful bar is a complex dance of numbers, people, and passion. It's more than just pouring drinks; it's about creating an exceptional customer experience while maximizing profitability.

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Antibiotic Use in SE Asian Food Animals Must be Curbed to Protect Global Health, Say Researchers

Food Safety Magazine

The world could be rendered defenseless against the next global pandemic if antimicrobial use in Southeast Asian animal agriculture is not curbed, researchers from RMIT University have warned.

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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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Edward Don Highlights Promotions

Foodservice Equipment Reports

Edward Don & Co., now part of Sysco, has made several key promotions and organizational changes within its sales and merchandising departments. Details include the following: Don says that these changes reflect a commitment to leveraging internal talent to its fullest potential, ensuring that the company can better meet customer needs and deliver exceptional value.

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Hoshizaki Promotes Director of Training

Foodservice Equipment Reports

Hoshizaki continues to enhance its leadership teams. Most recently, the manufacturer announced the appointment of Jake Kimmel as its director of training. Kimmel joined Hoshizaki about eight years ago and has held roles ranging from product manager to warranty and training manager.

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How To Implement A Front Desk Upsell Program That Outperforms Your Prearrival Email Campaign

Hospitality Net

Despite what digital marketing and tech providers may say, I believe upselling can best be accomplished when warm, welcoming, front desk colleagues have authentic, human conversations. That’s not to say that pre-arrival emails that market upsell options in advance do not serve a role, because they do. For one, whatever upselling revenue they produce is a plus, especially since it is automatically generated.

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FMG 14 Hire To Serve Louisiana, Mississippi

Foodservice Equipment Reports

First Market Group 14 announced that Bruce Cameron has joined its team as a territory manager for Louisiana and Mississippi in MAFSI Region 14. Cameron has served the markets in those two states for the past 30 years. His ability to manage the sales process and analyze sales opportunities in those markets has been his strength over that period of time, FMG 14 says in the release.

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Cash in Hand: Examining the Role Hotel PMS Plays in Digital Tipping and Employee Rewards

Hospitality Net

Tipping is an integral part of North American service culture, but it has always had challenges in hospitality. Travelers today carry fewer cash bills than ever, with a recent study showing that just 16 percent of all transactions today are handled using cash. More businesses are turning to digital tipping solutions to adapt to this shift in consumer behavior, but common barriers exist in the hotel tech stack that prevent some independent hoteliers from quickly offering digital tipping.

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Cambro’s Business of the Week: Let’s Get Baked Artisan Desserts

the CAMBRO blog

Let’s Get Baked Artisan Desserts began as a heartfelt experiment that eventually blossomed into a thriving business thanks to a lot of hard work. Cheyenne Price began her journey into the foodservice industry with a simple birthday cake for her daughter, which she calls a “giant disaster.” However, the experience awakened a new passion in her that inspired her to watch countless hours of video and even take courses with internationally known artists.

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Scandic launches new loyalty program

Hospitality Net

Today, Scandic is introducing a new loyalty program that will strengthen the company’s commercial offering, boost member loyalty and create more relevant experiences. The company’s current loyalty program, Scandic Friends, has been rebuilt from the ground up to offer more beneficial, personalized and digital member experiences.

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ICX Summit: Using social to fuel CX awesomeness

Fast Casual

By effectively integrating social media into omnichannel strategies, retailers can create engaging experiences that drive customer loyalty and sales.

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Over 15,000 hotel staff have now upskilled with Mews University

Hospitality Net

[Amsterdam: 27 August 2024] – Mews, the industry-leading hospitality cloud, has revealed that over 15,000 hospitality professionals have now completed a course with Mews University.

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Iowa school nutrition programs get a financial boost to go local

FoodService Director

Also in this week’s K-12 legislative update: Nevada Governor Joe Lombardo defends his decision to no longer provide universal free school meals to students in the state.

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Understanding Seasonal Trends in Groups & Events: How to Maximize Sales, Efficiency, and Experiences

Hospitality Net

Numerous industries exhibit distinct seasonal business trends. For instance, in retail, the Back-to-School period from August to September trails only the Holiday Season from late November to December in terms of sales volume. Black Friday, the Friday following Thanksgiving in the U.S., signals the unofficial start of the Holiday shopping season. This day is named Black Friday because the surge in retail activity often transitions stores’ financial health from the red into the black by generatin

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GEA Presents New thermoforming Packaging Machine

FMT Magazine

Under the motto RE:THINK PACKAGING, GEA will present the latest machine and control technology for the food sector at the Fachpack in Nuremberg (Germany) from September 24 to 26 (Hall 7A/Stand 563). The focus will be on the new PowerPak 1000 thermoformer for the packaging of meat and meat substitutes, poultry or cheese, which has been specially developed as an entry-level machine for the thermoforming segment and offers advanced functions previously reserved for machines in the higher performanc

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Royal Orchid Hotels Limited upgrades to Hotelogix to take their 100+ properties to the cloud

Hospitality Net

Hotelogix, a globally leading cloud-based hospitality technology provider, said India’s Royal Orchid Hotels Limited (ROHL) has adopted its muti-property management system. Hotelogix’s comprehensive platform enables ROHL to standardize processes across their properties and gain centralized control over their operations, - helping them drive growth strategies and enhance guest experience and loyalty.

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Bikaji Foods International Ltd., has Announced the Acquisition of a 55% Rquity stake in Ariba Foods Private Limited

FMT Magazine

Bikaji Foods International Ltd., has announced the acquisition of a 55% equity stake in Ariba Foods Private Limited, a leading Ujjain-based company specialising in snacks and frozen foods, including samosas, naans, parathas, and sweets. This strategic investment, totalling Rs 60.49 crore, will enable Bikaji to enhance its frozen food production capabilities and expand its market presence.

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What is Corporate Performance Management in Hospitality?

Hospitality Net

Corporate Performance Management (CPM) refers to the processes and systems used by organizations to monitor, manage, and improve their business performance. CPM encompasses a wide range of activities, including planning, budgeting, forecasting, financial reporting, and analysis. It helps organizations align their resources and strategies with their goals, measure progress, and adjust tactics to optimize outcomes.

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Amul has risen to Become the world’s Strongest Food Brand

FMT Magazine

Even as Amul rises to become the world’s strongest food brand, Nestlé (brand value down 7% to $20.8 billion), continues to hold the title of the world’s most valuable food brand, according to a new report by Brand Finance, the world’s leading brand valuation consultancy. Despite a decline in brand value, Nestlé’s strong brand equity and resilience have helped it maintain its top position in the global food industry.

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Hyatt Place Rouen, France Celebrates Official Opening

Hospitality Net

Hyatt Hotels Corporation (NYSE: H) today announces the opening of Hyatt Place Rouen, expanding the Hyatt Place brand’s global footprint in markets that matter most to guests and World of Hyatt members. Combining style, innovation and 24/7 convenience, the new hotel features a modern design, casual atmosphere, and practical amenities, such as three meeting rooms, a restaurant with French regional cuisine, onsite spa with a heated pool and treatment rooms, and state-of-the-art fitness centre.

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Expert Advice on Cleaning Power Transmission Belts from Megadyne

Food Safety Magazine

Proper cleaning of power transmission belts is essential in the food industry for both safety and operational efficiency.

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Solutions to build hotel advertising campaigns that reach valuable travelers

Hospitality Net

Hotels face many challenges beyond filling rooms — they also want to bring in guests who drive value with every booking. In today’s competitive lodging market, targeting these valuable travelers is important for achieving sustainable success, but identifying and engaging with them can be daunting without the right advertising solutions.

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Farm to Fork Profile: Stewarding Special Land, Making Special Cheese at Point Reyes

Bon Appetit Management Company

Cows grazing at Point Reyes. Photo courtesy Point Reyes Farmstead Cheese Company The cows of Point Reyes Farmstead Cheese Company have a pretty awesome view. Situated at the southern tip of Tomales Bay in Marin County, California, the farm’s residents look out over the long, narrow bay to the Point Reyes peninsula, one of the most ecologically diverse (and breathtakingly beautiful) places in the country.

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Countdown to Anantara’s Arrival in Bali - Anantara Ubud Bali Resort Opening Soon

Hospitality Net

A graceful tropical retreat neighbouring the traditional hillside village of Banjar Puhu in the north of Ubud, Anantara Ubud Bali Resort will become the second Anantara property to open on the Indonesian island when it welcomes its first guests on 1st October 2024.

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The Shay Welcomes José Andrés Group as New Food & Beverage Operations Manager

Hospitality Net

The Shay, part of Destination by Hyatt, is thrilled to welcome José Andrés Group (JAG) as the exclusive food and beverage operations manager for the property, effective September 1, 2024. In this role, JAG will manage all aspects of the food and beverage experience at The Shay, including two new restaurants, in-room dining, the lobby bar, meetings and events.

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UK Leisure demand continues to surge, reports Cheval

Hospitality Net

Leisure demand is growing, according to the results of Cheval Collection’s latest travel survey, with close to three quarters of those asked planning to take at least three trips over the next year.

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WISCO Hotel Group Elevates Operational Efficiency and Maximizes Revenue with STS Cloud, ProposalPath, and Visrez Solutions Across 14 Properties

Hospitality Net

WISCO Hotel Group has made a strategic leap forward in enhancing efficiency and maximizing event revenue by incorporating cutting-edge technology from SalesAndCatering.com. The prominent Wisconsin-based hospitality company has successfully transitioned to the STS Cloud platform, incorporating advanced e-signature capabilities, ProposalPath proposal tools, and Visrez 3D table diagramming to enhance event sales opportunities, giving them a competitive edge.

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Why Smart Hospitality Companies are Accelerating CapEx Digital Transformation

Hospitality Net

Historically, hospitality professionals have viewed procurement as a cost centre. But now, after years of social, economic, and political upheaval, procurement is evolving into a strategic function that helps hospitality organisations realise their broader business goals.

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Hospitality industry statistics to have on your radar 2024

Hospitality Net

The hospitality industry is a vast sector with many different sub-sectors that include recreation, lodging, entertainment, food and beverage which are constantly evolving. Due to the overwhelming amount of data available today, it has become increasingly challenging for industry players to gather all the necessary hospitality statistics to keep up with the latest trends.