For the week ending December 14th, the U.S. hotel industry demonstrated positive year-over-year growth, driven by an increase in occupancy, average daily rate (ADR), and revenue per available room (RevPAR). Occupancy surged by 8.5% to 59.5%, ADR grew by 8.9%, and RevPAR saw significant growth,
In a significant move reflecting Brisbane's upward trajectory as a global destination for entertainment, leisure, and tourism, Minor Hotels is set to manage the prestigious Queen's Wharf Residences from early 2025. The residences are housed in a 64-story tower, which stands as the tallest structure
The UK government has been urged to permanently reduce business rates to support the hospitality sector, which has historically overpaid in taxes by £2.4 billion annually. UKHospitality, representing the hospitality industry, presented compelling evidence to the Public Bill Committee regarding the
The dynamics of tipping in the United States are undergoing significant changes, driven by growing consumer fatigue and evolving industry practices. This shift is impacting not only the restaurant industry but also related sectors, prompting a reevaluation of traditional tipping models and
The culinary world is ever-evolving, driven by changing consumer preferences, technological advancements, and a growing emphasis on sustainability and health. As we look ahead to 2025, several key trends are poised to redefine the food and beverage industry. These trends reflect a dynamic landscape
In an effort to improve its value proposition after experiencing a decline in sales during Q2 2024, McDonald's is set to introduce a new McValue platform on January 7, 2025. The key highlight of this launch is the $5 Meal Deal, including a McDouble or McChicken sandwich, small fries, a four-piece
