Las Vegas led gains with RevPAR up 90.5% driven by CONEXPO trade show, while New Orleans declined against tough Mardi Gras comparisons.Las Vegas led gains with RevPAR up 90.5% driven by CONEXPO trade show, while New Orleans declined against tough Mardi Gras comparisons.
Hotels using the platform see 30% more F&B revenue through larger check sizes and higher order volume compared to traditional ordering.Hotels using the platform see 30% more F&B revenue through larger check sizes and higher order volume compared to traditional ordering.
Hotels and caterers struggle to secure gas cylinders, leading to menu changes and cancellations. The shortage stems from the West Asia conflict impacting global energy routes. Home consumption is prioritised, but businesses face significant challenges.Hotels and caterers struggle to secure gas cylinders, leading to menu changes and cancellations. The shortage stems from the West Asia conflict impacting global energy routes. Home consumption is prioritised, but businesses face significant challenges.
GCSTIMES offers wooden key cards with detachable pet tags for hotels, targeting the growing pet travel market.GCSTIMES offers wooden key cards with detachable pet tags for hotels, targeting the growing pet travel market.
The article presents five actionable strategies for U.S. hotels to convert weather disruptions into revenue opportunities, including dynamic pricing, flexible packages, and proactive guest communication.The article presents five actionable strategies for U.S. hotels to convert weather disruptions into revenue opportunities, including dynamic pricing, flexible packages, and proactive guest communication.
As the commercial LPG shortage continues to affect parts of India’s food and beverage (F&B) sector, institutional caterers—who provide millions of meals a day to factories, hospitals, educational institutions, and offices—are taking proactive steps to manage the crisis. Leading operators such as Sodexo, Compass Group, and Rassense are adapting their operations while maintaining food supply continuity.As the commercial LPG shortage continues to affect parts of India’s food and beverage (F&B) sector, institutional caterers—who provide millions of meals a day to factories, hospitals, educational institutions, and offices—are taking proactive steps to manage the crisis. Leading operators such as Sodexo, Compass Group,...
The article argues traditional single discount rate DCF models undervalue hotels and proposes using mortgage-equity valuation that reflects actual 55-75% debt financing structures.The article argues traditional single discount rate DCF models undervalue hotels and proposes using mortgage-equity valuation that reflects actual 55-75% debt financing structures.
Wednesday revealed crisis and constraint. WTTC analysis shows the Iran conflict is already costing travel and tourism at least $600 million per day as Middle East regional hubs processing 526,000 daily passengers face closures. Seoul’s hospitality market reached a breaking point with internationa…Wednesday revealed crisis and constraint. WTTC analysis shows the Iran conflict is already costing travel and tourism at least $600 million per day as Middle East regional hubs processing 526,000 daily passengers face closures. Seoul’s hospitality market reached a breaking point with internationa…
Wharf Hotels replaced Excel-based budgeting with FairPlanner software, reducing manual work and improving forecasting accuracy across 60% of properties in China.Wharf Hotels replaced Excel-based budgeting with FairPlanner software, reducing manual work and improving forecasting accuracy across 60% of properties in China.