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asianhospitality

Hotel F&B Trends Post-COVID: Insights & Impact on Revenue - 0 views

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    THE 2020 COVID-influenced lodging industry recession resulted in some noticeable changes to the way hotels provide F&B service. Social distancing regulations forced operators to be creative in the way they served food and beverages to guests. Rising wage rates and sharp increases in the cost of food and beverage products compelled hotel managers to find ways to control costs. The inability of hotels to attract employees to fill the positions eliminated during the recession required creative solutions to improve productivity and offer more with less. These factors resulted in the following hotel food and beverage trends during the subsequent recovery period: The increased offering of kiosks and grab-and-go venues The closing of traditional three-meal-a-day restaurants A reduction in the menus, number of seats, and hours of remaining F&B venues Reductions in in-room dining and mini-bar service The conversion of food and beverage space to other revenue generating purposes To learn how these recent changes in hotel food and beverage operations have impacted revenues and expenses, we have analyzed the operating statements of 2,500 U.S. full-service, resort, and convention hotels that participated in CBRE's annual Trends in the Hotel Industry in 2021 and 2022. In 2022, these 2,500 properties averaged 285 rooms in size, and achieved an occupancy of 64.7 percent, along with an ADR of $225.60. To provide more current information, we also relied on the monthly operating statements of 1,200 properties during the period January through June of 2023.
asianhospitality

David Kong launches organization to help women, minorities - 0 views

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    DAVID KONG, THE recently retired CEO of Best Western Hotel Group, has launched DEI Advisors, a non-profit organization dedicated to helping women and other minority groups to achieve their career aspirations. Specifically, it plans to close the diversity gap that still exists on the upper, leadership levels of the hospitality industry. Based in Scottsdale, Arizona, DEI Advisors will conduct a series of interviews with industry leaders with the intent of sharing inspiration and guidance to help individuals navigate their careers. The interviews will teach how to overcome conscious and unconscious bias, seek advancement, face structural barriers successfully, establish networks, advocates and mentors and better integrate their work life and personal life. "I formed DEI Advisors as a non-profit organization to collect and share insights and learnings from industry leaders," said Kong, who is DEI Advisors principal and founder. "While many companies are doing wonderful work in the areas of DEI, individuals must also be responsible, and feel empowered, for their own personal growth and career aspirations. Essentially, we're aiming to prepare future leaders in the industry for the driver seat of their own journey, where they get to truly help create and advocate for their own destiny."
asianhospitality

Associations welcome passage of federal omnibus spending bill - 0 views

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    THE RECENTLY PASSED federal $1.7 trillion omnibus spending bill contains important gains for the travel and hospitality industries, according to several advocacy groups. That includes the Omnibus Travel and Tourism Act and the creation of a position in the Department of Commerce to coordinate travel and tourism industry strategy. AAHOA, the American Hotel & Lodging Association and the U.S. Travel Association all welcomed the passage of the spending bill that was signed into law by President Biden on Dec. 23. All cited the OTTA legislation created by U.S. Sens. Jacky Rosen, Democrat of Nevada, and Republic Roger Wicker of Mississippi through the Senate Committee on Commerce, Science, and Transportation. What is the OTTA? The elements of the OTTA include the Visit America Act, which authorizes the creation of the new position in the DOC. The new assistant secretary would coordinate a strategy across multiple federal agencies to increase travel and tourism nationwide through annual goals and recommendations. "This means the industry will finally have a seat at the policy table after decades of advocating for this to occur," said Laura Lee Blake, AAHOA president and CEO, in LinkedIn.com post.
asianhospitality

Wyndham announces finalists for 'Greensboro Six' mural - 0 views

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    WYNDHAM REWARDS RECENTLY announced the three finalists for the mural project at Gillespie Golf Course in Greensboro, North Carolina. The selected artists are Vincent Ballentine from Brooklyn, New York; Raman Bhardwaj from Greensboro, North Carolina; and Abel Jackson from Charlotte, North Carolina. A committee of key community figures and organizations chose these finalists from over 50 nationwide applicants, Wyndham said in a statement. The project aims to honor the Greensboro Six, a group of Black men who, in 1955, played golf at the whites-only Gillespie course, the statement said. Their act of defiance against segregation occurred just a week after Rosa Parks' arrest for refusing to give up her seat on a Montgomery bus. The Greensboro Six were arrested, convicted of trespassing, and spent 15 days in jail. Their actions and subsequent court cases eventually led to the desegregation of Gillespie Golf Course. In 1961, the Greater Greensboro Open (now the Wyndham Championship) became the first PGA Tour event in the South to welcome a Black player, Charlie Sifford.
Elisa Graceffo

Top Tips to Overcome your Fear of Flying - 0 views

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    Afraid to fly? You're not alone. Whether your flight phobia is just a mild uneasiness, or severe enough to make you want to jump out of your seat screaming, we want to help ease your nerves and stay calm while you fly. These suggestions from experts and frequent flyers would help you conquer your flight anxiety and board a plane without fear.
Elisa Graceffo

7 Tips for a Comfortable Air Travel - 0 views

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    International flights can be quite exhausting especially when the flight is of 6 or more hours. Uncomfortable seats, cramped leg space, noises, jet legs, and worst of all upset stomach. Long flights can ruin most of the fun before you even reach the destination. However, there are a few things that can help you stay comfortable and keep up the excitement of the travel. Check out the latest article from PassportInfo.com, that shares some awesome tips to make any air travel comfortable.
Elisa Graceffo

How to Fly with Baby Travel Gear - 0 views

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    Having a baby doesn't mean it's the end of your traveling days. With the right baby travel gear, you can keep exploring the world. It just might be a different kind of adventure than the ones you are used to having! If you are planning to take your little one on a plane, then take a look at these transportation items to keep your baby on the move. You won't be afraid to take off when you have these baby travel gear essentials.
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