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The restaurant industry has dominated both the financial and front pages of late as Roark completed its acquisition of Subway and Red Lobster filed for bankruptcy. "This transaction reflects Subway's long-term growth potential, and the substantial value of our brand and our franchisees around the world," said John Chidsey, CEO of Subway, adding that there are no anticipated changes to the company's leadership team, strategic focus or operating plans.
Even if you’re a total rockstar restaurateur, whipping up culinary masterpieces and keeping your customers happy - there’s probably one thing you wish you had more of… time.
SEFA honored dealers, suppliers and other industry professionals at its 38th Annual Partnership Conference, held April 28-May 2 in Colorado Springs, Colo. Cook’s Direct earned SEFA’s Member of the Year award. The company has a forward-thinking approach and dedication to meeting today’s needs while driving growth for SEFA Supplier Partners, SEFA says.
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.
Lodging Interactive, an award-winning digital marketing, social media, and guest review engagement agency exclusively serving the hospitality industry, today announced the rollout of Commingle Social Media Amplified, its next-level hotel social media marketing service. The service combines the agency’s proven social media marketing expertise with its innovative Commingle360 landing page service to create a comprehensive solution that drives direct bookings and ROI tracking for hotels.
Idyllically situated on the Buda banks of the picturesque Danube, Kimpton BEM Budapest will open in July 2024. The highly-anticipated boutique luxury hotel is being hailed as the new ’urban cool kid on the block,’ promising discerning travellers an unparalleled experience seamlessly blending Hungary’s fascinating history with modern elegance and inspiring design.
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Idyllically situated on the Buda banks of the picturesque Danube, Kimpton BEM Budapest will open in July 2024. The highly-anticipated boutique luxury hotel is being hailed as the new ’urban cool kid on the block,’ promising discerning travellers an unparalleled experience seamlessly blending Hungary’s fascinating history with modern elegance and inspiring design.
If you work in long-term care, you’ve likely heard the statistics about the ever-increasing population of older adults (65+). Expected to grow from 58 million to 82 million in 2050, the sheer number of seniors isn’t the only thing changing in the upcoming decades. This population is also becoming more diverse, with the number of non-Hispanic white identifying people dropping to 60% from 75% by 2050.
In the digital era where speed is the norm, it’s critical to the success of your establishment to provide users with a fast-loading website. In a connected world and thanks to globalization, travelers from all over the world are likely to visit your website to learn more about your hotel and make a direct booking. That’s why it’s important to have a fast-loading website, across all media (mobile and desktop) and around the world.
Rachel Paul has joined Flexeserve Inc. as a key accounts manager, delivering customer and sales support for the Americas. A skilled account manager, Paul brings a wealth of logistics experience and industry insight from her past roles at OTR and PepsiCo. As key accounts manager, based at Flexeserve’s U.S. HQ and Culinary Support Center, Paul will collaborate with the U.K.
Three years after TFE’s homegrown A by Adina made its debut in Australia, TFE Hotels has announced the premium brand will head offshore with the opening of A by Adina Vienna Danube in Austria in 2025. The international announcement comes as TFE’s Joint Venture Partner, TOGA Group, marks another A by Adina milestone closer to home, with NSW Government approval now confirmed for construction to commence on the 204-key A by Adina Sydney Central, which is part of Australia’s biggest innovation distr
The Food Traceability Enhancement Act , recently introduced to U.S. Congress, aims to “strengthen compliance” with FSMA 204/the Food Traceability Final Rule through several key changes to its implementation.
Sixty-one percent of Americans plan to travel overnight for leisure in the next four months and 34% of Americans expect to increase their overnight leisure travel this summer compared to last year, according to a new survey commissioned by the American Hotel & Lodging Association (AHLA) and conducted by Morning Consult.
htophotels is one of the leading chains in the Spanish hotel sector. It has 17 hotels along the Costa Brava, Costa Dorada and Costa de Barcelona, specialising in all-inclusive beach holidays. Its slogan is "happiness included" to reflect the love that the owners of this family business with 50 years behind them feel for their hotels.
The 12th revised edition of the Uniform System of Accounts for the Lodging Industry (USALI) fundamentally enhances the transparency of financial and operational aspects in the hospitality industry. To quote Sir Arthur Conan Doyle’s iconic character Sherlock Holmes, “It is a capital mistake to theorize before one has data.
Wiliot has launched a partnership with iFoodDS and Trustwell to incorporate Wiliot’s ambient Internet of Things (IoT) data and technology into the two companies’ food safety compliance software solutions, enabling both companies to add real-time, automatically captured, item-level traceability data to their platforms.
Even with the economy’s ups and downs, travelers are spending more on experiences. They’re going for bucket-list adventures that showcase their unique passions. This booming industry is expected to reach $1.6 trillion by the end of 2024! Airbnb is also stepping up its experience game with the announcement of its Summer 2024 Icons Program. This new initiative promises a collection of extraordinary experiences hosted by the biggest names in music, film, TV, art, sports, and much more.
In the hospitality industry, operational reports delivered through Property Management Systems (PMS) are critical for running a smooth hotel operation. These reports form the backbone of daily operations, guiding decisions on staffing, room cleaning schedules and room revenue optimization. Furthermore, they play a crucial role in ensuring regulatory compliance.
Business leaders must approach the growth process with caution. It involves increasing an organization’s size - its market share, revenue, and headcount. However, it’s crucial to remember that bigger is not always better. Growing a business is a journey fraught with risks. It’s possible to grow too quickly, diversify into too many service areas, and overstretch.
The RotorCheck 5.0 contact monitoring system for Coperion rotary valves prevents potential contamination of food products while being conveyed or transferred.
In this Warning Letter issued to a cookie dough manufacturing company, it is important to see the approach FDA is taking with regard to allergens and supplier-controlled hazards. Cookies-n-Milk, LLC, a processor of ready-to-eat (RTE) cookie dough located in McKinney, TX received an inspection. The inspection was in response to using incorrect packaging, which resulted in undeclared peanut allergen in the product, as containers of Chocolate Chip Edible Cookie Dough which do not declare the allerg
Responsible for one in 10 jobs and contributing more than $7.7 trillion to the world’s GDP, the travel and hospitality industry supports economies across the globe by helping local communities to thrive. And it’s growing, with more than one billion international travellers last year and even more forecast to follow.
Sonesta International Hotels Corporation (Sonesta), the 8th largest hotel company in the U.S., announced the execution of 15 franchise agreements during the first quarter of 2024 spanning several of the company’s brands.
From the #BeHuman initiative to #RegenerAction. In the past two weeks, I have had the immense honor of participating in several incredible encounters and powerful experiences. I met with the pope. Subsequently, I have followed activists, scholars, educators, theologians, economists, entrepreneurs, business people, diplomats, philosophers, farmers, young people, innovators, and scientists who emphasize the urgency of rethinking and rebuilding a new model of production, consumption, and developmen
Stonebridge Companies, LLC (“Stonebridge”), a Denver-based innovative, privately-owned hotel management company boasting a diverse range of full-service, select-service, and extended-stay properties, announced today it has acquired Real Hospitality Group, LLC (“RHG),” a leading hotel management company based in Ocean City, Maryland.
Determining the current selling or asking price for a hotel is a bit tricky. Compared to estimating the present value of a house it’s more like a detailed math exercise rather than a google search on Redfin. That’s what this piece is all about, how you can estimate the value, AKA sales price.
Growth in leisure demand has moderated for US hotels. Domestic travelers have continued to seek out experiences internationally and inbound international traffic has yet to recover to pre-pandemic levels. An increased appeal of short-term rentals by leisure travelers has contributed to moderating leisure demand for hotels. Individual business travel and group demand have continued to improve but have still not been able to offset the softening of leisure demand.
Some of you will not recognize the name Rodney Dangerfield, who was one of the funniest comedians of his time, if not all time. He passed away in 2004. (For those who aren’t familiar with Dangerfield, go to YouTube and search for his name, but only if you want to smile and laugh. And just a warning, some of his comedy club material is R-rated.
To recap, instant booking platforms have revolutionized the way hoteliers and event planners interact, offering immediate confirmations and round-the-clock booking capabilities.
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