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The tightening labor market of 2024 presents a complex set of challenges for business owners, from a shrinking labor force to the increasing prevalence of counteroffers. The labor market landscape has shifted recently in ways that few could have predicted even a few years ago. As we press on into 2024, it's crucial for business owners to recognize the complexities and nuances of these shifts so they can stand the best chance of winning the talent race.
The allure of entrepreneurship has always been strong, especially for individuals currently employed in the hospitality industry. The dream of being your own boss, running your own business, and reaping the rewards of your hard work is undeniably attractive.
From thoughts on headwinds like tipping fatigue and menu price inflation to the almighty power of craveworthy foods, Technomic shared consumers’ perspectives in its “State of the U.S. Restaurant Guest” webinar. Robert Byrne, the research firm’s director of research and insights, led the conversation, which took place on Tuesday, May 7.
Florida Governor Ron DeSantis has signed Senate Bill 1084 into law, becoming the first U.S. state to ban the sale of cell-based meat (also known as “cultivated” or “lab-grown” meat).
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.
An EU project that monitors contaminants in important Mediterranean fishing regions/seafood species has discovered concerning levels of microplastics in the guts and stomachs of some fish.
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Also in this week’s legislative update: Oklahoma says okay to electronic school meal applications and New Hampshire lawmakers rework a bill that would make a handful of changes to school nutrition programs.
GREENVILLE, S.C. — May 8, 2024 — Hospitality America announces the promotion of Leigh Holloway to Chief Strategy Officer (CSO) under the leadership of President and CEO Ben Campbell. With a robust background spanning two decades in the hospitality sector, Holloway’s appointment aims to fortify the company’s strategic direction and bolster its competitive edge as a premier third-party hotel management company.
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Accor is taking part in the Arabian Travel Market (ATM), a leading international travel and tourism event attracting a global community of travel professionals and is taking this opportunity to introduce HERA, Accor Travel Advisor Program. Pascal Visintainer, Accor’s Senior Vice President Global Sales, Luxury & Lifestyle, sat down with us to discuss about this program bringing together Accor’s Sales and Luxury expertise.
Chefs across America depend on their Cambro products every day. Behind those products, is a team of Cambro employees who thoughtfully designed and meticulously manfuctured each item to be durable, high-quality and efficient. After manufacturing in California for more than 60 years, we decided to expand to the East Coast. In 2015, we opened our North Carolina manufacturing and distribution facility.
While the discussion around Artificial Intelligence (AI) has been going on for years, there has been a renewed level of enthusiasm since the introduction of generative AI technologies like ChatGPT.
Now in its fifth edition, the FoodTech 500 has gathered more than 1500+ applications from AgriFoodTech Startups & Scaleups globally in 2023, receiving applications from 77 countries, with 57 countries represented in the final FoodTech 2023 list, shedding light on the FoodTech 500 initiative’s widespread reach and global influence. This year, the FoodTech 2023 list showcased 80 companies from the United States and 14 from Canada amongst the finalists.
Cloud5 Communications, a leading provider of IT solutions and services for more than 5,000 hotels across the Americas, has announced the appointment of technology expert and managed IT veteran, Frank Ziller, as its Chief Technology Officer (CTO).
Successful change management programs provide transparency into the manufacturing process and allow for guidance and collaboration to help improve changes.
FutureLog, the leading provider of innovative cloud-based procure-to-pay solutions for the hospitality industry, unveiled its latest innovation last month: a trailblazing smart Capital Expenditure (CAPEX) Management solution. The intuitive platform streamlines the process of managing, tracking, approving, and analysing CAPEX investments across hospitality enterprises.
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IHG Hotels & Resorts introduces its first collection brand to Kuwait as Arabella Beach Hotel Kuwait, Vignette Collection opened on 6th May 2024. Prominently positioned on the Arabian Gulf shoreline, the 195 room property joins IHG’s growing Luxury & Lifestyle portfolio - now the second largest in the world - to mark the GCC region’s second Vignette Collection, following Th8 Palm Dubai Beach Resort Vignette Collection’s opening in Summer this year.
The Vollrath Co. has a new senior vice president of operations—Brad Nye. Nye will be responsible for leading and managing the entire Vollrath operations organization including U.S. manufacturing, supply chain, environmental health and safety, and distribution. Nye has a wealth of experience in the manufacturing industry.
AAHOA (Asian American Hotel Owners Association) recently hosted a Hospitality Insurance Forum with leaders in Arkansas to address the industry’s significant insurance challenges plaguing hoteliers. The forum centered on developing creative strategies to alleviate the burden of insurance premiums, facilitating greater access to insurance resources, and fostering an environment of increased accessibility.
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Specialized Foodservice & Hospitality serves as the newest representative in Wisconsin and the Upper Peninsula of Michigan for Electrolux Professional Group, Americas. Specialized will now represent equipment from Groen (cooking), Randell (refrigeration), Power Soak (washing), Avtec (ventilation) and CapKold (cook-chill systems).
IHG® Hotels & Resorts, one of the world’s leading hotel companies with more than 6,300 hotels worldwide across 19 brands, announces the opening of voco Jim Corbett - India’s first voco hotel. This also marks the introduction of the 7th brand from IHG’s global portfolio to the Indian market.
Marcy Mathews, president of Delfield, today announced the promotion of Tim Wilczak to vice president of sales, marketing and product management at the company. Wilczak most recently served as Delfield’s director of sales and product management.
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For hotel owners, embracing a property improvement plan (PIP) may initially seem financially challenging, especially given today’s market uncertainties, high construction costs, increased interest rates, and labor shortage. However, PIPs serve as a valuable opportunity to reassess the hotel’s overall strategy and help chart a course of action toward enhanced profitability – whether undergoing a PIP, switching brands, or selling the asset.
Financing Your Restaurant Equipment Needs The equipment lease can be likened to having employees for your restaurant. The kitchen equipment has the potential to generate positive cash flow, allowing you to take advantage of new business startup opportunities. Typically, the profits generated from the productivity of the equipment purchase exceed the lease payments.
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Based on my 16+ years of experience in the hospitality industry, the press release is one of the least effective public relations tools, and marketers should be using other more effective ways to share their news and secure coverage by media outlets.
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