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Tag: business


Finance and Development, Trends

4 coffee trends for c-stores to watch

February 13, 2024

Via: Restaurant Dive

Coffee and tea are hot across foodservice — and c-stores play an important part in that growth. Overall, customer traffic at gourmet coffee and tea outlets grew 12% in the fourth quarter, according to Circana, while traffic in the overall […]


Restaurants

Sweetgreen hires former Starbucks exec Rossann Williams as COO

February 5, 2024

Via: Restaurant Dive

In her new role, Williams will oversee operations, real estate and development and supply chain, according to the press release. Her experience at Starbucks has prepared her to support Sweetgreen’s ongoing growth strategies. At Starbucks, where she last held the […]


Finance and Development, Real Estate

Sheraton Hotel McKinney in McKinney, TX Listed For Sale

January 25, 2024

Via: Hotel News Resource

CBRE Hotels, as sole and exclusive agent for the owner, has been retained to offer for sale the fee-simple interest (with the leasehold interest in the Event Center) in the 187-room Sheraton McKinney. Positioned at the intersection of two prominent […]


Restaurants

Yabu Pushelberg Designs Moët & Chandon’s Berlin Bar

January 8, 2024

Via: Hospitality Design

Design studio Yabu Pushelberg was enlisted by French fine winery Moët & Chandon—part of luxury goods company LVMH—to weave a visual tapestry of heritage and celebration for its new bar nestled within Berlin’s iconic KaDeWe department store. The design of […]


Finance and Development, Trends

What B2B Marketers Want: 2023 Insights – By Ryan Haynes

November 22, 2023

Via: Hotel News Resource

Marketers have always been pretty resilient. Anyone who works in marketing will tell you there’s a needMarketers have always been pretty resilient. Anyone who works in marketing will tell you there’s a need to be flexible whilst juggling the best […]


Finance and Development, Trends

American Express Travel Releases 2024 Trending Destinations Highlight Off the Beaten Path Vacation Spots

November 15, 2023

Via: Hotel News Resource

American Express Travel released its annual Trending Destinations list for 2024 today, featuring the 10 must-visit vacation spots based on global American Express Card Member travel bookings and recommendations from Amex Travel’s team of 6,000 expert Travel Consultants. This year’s […]


Finance and Development, Trends

36 Actionable Ideas to Enhance the Hotel Guest Experience – By Lana Cook

October 26, 2023

Via: Hotel News Resource

Guest experience has been a focal point over the past few years due to changing traveler expectations as a result of the pandemic. Cloudbeds’ 2023 State of Independent Lodging Report found that today’s traveler is less interested in traditional accommodations, […]


Finance and Development, Real Estate

Holiday Inn Houston Downtown Hotel in Houston, Texas Listed for Sale

October 16, 2023

Via: Hotel News Resource

CBRE Hotels presents the fee-simple interest for the 213-room Holiday Inn Houston Downtown in Houston, Texas. This urban core asset has an unbeatable location on a hard corner on Main Street in the CBD. In addition to the 17-story hotel […]


Finance and Development, Trends

Around 1-in-2 Will Travel More, Internationally Only: New SiteMinder Research Reveals the Plans, Motivations Set to Impact Accommodation Globally

September 29, 2023

Via: Hotel News Resource

SiteMinder, the world’s leading open hotel commerce platform, has released the 2023 edition of the world’s largest consumer research on accommodation, which reveals that 91% of travellers intend to travel at least the same amount as they did over the […]


Finance and Development, Markets

Inflation Abomination – How Inflation Affects Hotel Revenue Streams, Expenses – CoStar

September 5, 2023

Via: Hotel News Resource

Pricing Power Lags 2019 While Labor Costs Increase A presentation on inflation’s effects on hotel profitability at the 2023 Hotel Data Conference highlighted hotel rates on a real basis are still down compared to 2019 while hotels continue to face […]


Technology

How Cloud Services Help Expand Amazon's Role in Travel – PhocusWire

August 22, 2023

Via: Hotel News Resource

Travel insiders have long wondered when, or how, Amazon might flex its online muscle to follow other retail giants and non-travel brands into the sector. Yet such speculation misses the fact of the company’s growing behind-the-scenes role in travel, mostly […]


Finance and Development, Markets

The U.S. Hotel Industry Reported Mixed Performance Results for July 2023

August 21, 2023

Via: Hotel News Resource

The U.S. hotel industry reported mixed performance results month over month, according to July 2023 from CoStar. July 2023 (percentage change from July 2022): Occupancy: 69.1% (-0.5%) Average daily rate (ADR): US$160.31 (+1.3%) Revenue per available room (RevPAR): US$110.80 (+0.8%) […]


News

Provocateur Meeting Inspires at Smart Woman Summit 2023

August 15, 2023

Via: Smart Meetings

When leaders come together to tackle the biggest challenges in the hospitality meetings industry. something magic happens. A collective of facilitated table discussions sponsored by Maritz and labeled as Provocateur Circles provided a safe and comfortable arena to conduct open […]


Technology

EventMobi Redefines the Role of Virtual Events

August 11, 2023

Via: Smart Meetings

“There were a few things that were revolutionary in terms of virtual events during the pandemic, first of all because we couldn’t go anywhere. We had no choice,” says Bob Vaez, founder and CEO of event software platform EventMobi, speaking […]


Finance and Development, Trends

Demand for Business Travel is Back – But Purpose is Key

August 1, 2023

Via: Hotel News Resource

Is the business world still Zooming from home? Has corporate travel spending made a full recovery from the pandemic? Are carbon budgets replacing financial budgets? Accor’s Masters of Travel advisory board meeting brought industry leaders from technology, law, energy, engineering, […]


Hotels

Ritz-Carlton Hotels in Perth and Melbourne Listed for Sale

July 12, 2023

Via: Hotel News Resource

Hong Kong’s Far East Consortium is moving to sell two of Australia’s most prestigious hotels – The Ritz-Carlton, Melbourne and The Ritz-Carlton, Perth – amid strong demand for trophy luxury hotel investment opportunities in Australia. CBRE Hotels’ Michael Simpson, Tom […]


Finance and Development, Trends

The Top Challenges Facing the Hospitality Industry Today

July 6, 2023

Via: Hospitality Design

Two panels, What Owners Want and Investor Outlook on the State of the Industry, at HD Expo + Conference 2023 highlighted the challenges affecting hospitality today. From money constraints to slowing supply growth and high interest rates, no topic was […]


Technology

Implementation Vs. Rewards of Hospitality Tech Investment

June 28, 2023

Via: Hotel News Resource

The global commerce landscape is amid massive disruption from political, technological, social, and economic perspectives and it all promises to impact the payment landscape in the coming years. Some like inflation and supply chain issues pose substantial challenges while others […]


Finance and Development, Markets

U.S. Hotels Report 65.1% Occupancy for Week Ending May 13th – Down 2.0% from 2022

May 18, 2023

Via: Hotel News Resource

U.S. weekly hotel performance produced mixed year-over-year comparisons, according to STR‘s latest data through 13 May. 7-13 May 2023 (percentage change from comparable week in 2022): Occupancy: 65.1% (-2.0%) Average daily rate (ADR): US$154.90 (+3.4%) Revenue per available room (RevPAR): […]


Travel

Travepic and STAAH Form Strategic Alliance to Woo Business Travellers

May 9, 2023

Via: Hotel News Resource

A niche B2B portal, Travepic is go-to source for all the business travel needs. With access to a vast database of hotels worldwide, one can easily search and compare rates to find the best deal for their budget. “We are […]