Tag #Hospitality

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forbes.com

🌐 75% Global Worthiness

Dec 18, 19:12

Hospitality Market Growth and Future Trends

The global hospitality market is projected to grow to \$4,993.71 billion in 2024, driven by increased travel and demand recovery; Fritz Knoebel School of Hospitality Management students predict significant changes by 2034, including AI integration, sustainable practices, and improved employee well-b...

Hospitality Market Growth and Future Trends

The global hospitality market is projected to grow to \$4,993.71 billion in 2024, driven by increased travel and demand recovery; Fritz Knoebel School of Hospitality Management students predict significant changes by 2034, including AI integration, sustainable practices, and improved employee well-b...

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What are the key factors driving the growth of the global hospitality market, and what are the immediate implications for the industry?

The global hospitality market is expanding, projected to reach \$4,993.71 billion in 2024 from \$4,673.63 billion in 2023, a 6.8% CAGR. This growth is fueled by increased leisure and business travel, rising international tourism, and demand recovery in key regions. The industry is also adapting with technology integration and sustainability initiatives.

elmundo.es

🌐 65% Global Worthiness

Dec 11, 07:11

Madrid Restaurants Enjoy Record Christmas Season Despite Rising Prices

Madrid's restaurants are experiencing a record-breaking Christmas season in 2024, with 70% expecting strong revenue, a 38% increase over 2023, driven by increased reservations and a shift from company-sponsored dinners to smaller, friendlier gatherings, while menu prices have increased by 50% due to...

Madrid Restaurants Enjoy Record Christmas Season Despite Rising Prices

Madrid's restaurants are experiencing a record-breaking Christmas season in 2024, with 70% expecting strong revenue, a 38% increase over 2023, driven by increased reservations and a shift from company-sponsored dinners to smaller, friendlier gatherings, while menu prices have increased by 50% due to...

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What is the overall impact of the 2024 Christmas dining season on Madrid's restaurant industry?

"In Madrid, the 2024 Christmas dining season is booming, with most restaurants fully booked and experiencing increased reservations compared to previous years. Many restaurants report a surge in reservations starting in October, with some exceeding last year's revenue by 15%.", A2="The shift in dining patterns shows a decrease in company-sponsored events (15.4%) and an increase in gatherings among friends (30%), colleagues paying individually (27%), and families (23%). This trend is reflected in smaller table sizes compared to previous years.", A3="The rising cost of food has led to a 50% increase in Christmas menu prices across Madrid restaurants. This, coupled with the trend towards smaller, more intimate gatherings, suggests a change in consumer behavior driven by economic factors and evolving social dynamics.", Q1="What is the overall impact of the 2024 Christmas dining season on Madrid's restaurant industry?", Q2="How have changing consumer preferences and economic factors affected restaurant bookings and menu pricing during this year's holiday season?", Q3="What are the long-term implications of these trends for the Madrid restaurant industry, considering evolving consumer behavior and economic conditions?", ShortDescription="Madrid's restaurants are experiencing a record-breaking Christmas season in 2024, with 70% expecting strong revenue, a 38% increase over 2023, driven by increased reservations and a shift from company-sponsored dinners to smaller, friendlier gatherings, while menu prices have increased by 50% due to rising food costs.", ShortTitle="Madrid Restaurants Enjoy Record Christmas Season Despite Rising Prices"))

sueddeutsche.de

🌐 65% Global Worthiness

Dec 2, 23:39

Bavarian Restaurant Faces Cook Shortage Amidst Industry-Wide Crisis

The Klostermaier restaurant, a fourth-generation family business in Bavaria, is facing a significant shortage of cooks, mirroring a wider trend in the region, with initiatives underway to attract and retain young culinary professionals despite challenging work conditions.

Bavarian Restaurant Faces Cook Shortage Amidst Industry-Wide Crisis

The Klostermaier restaurant, a fourth-generation family business in Bavaria, is facing a significant shortage of cooks, mirroring a wider trend in the region, with initiatives underway to attract and retain young culinary professionals despite challenging work conditions.

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What factors contributed to the current shortage of cooks in Bavaria, and how is this impacting restaurants like Klostermaier?

The shortage of cooks in Bavaria, averaging nearly 2300 between July 2023 and June 2024 according to the Kompetenzzentrum Fachkräftesicherung (Kofa), is particularly acute in the culinary sector. Many cooks left the profession during the pandemic, and now, unfilled apprenticeships are commonplace, as seen at Klostermaier. The reported halving of the skills gap in the first half of 2024 is misleading; it reflects business closures rather than increased worker availability.

kathimerini.gr

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Nov 10, 22:18

Athens Serviced Apartment Boom

Serviced apartments are booming in Athens, driven by investment and a unique regulatory status. This report details key players and business models.

Athens Serviced Apartment Boom

Serviced apartments are booming in Athens, driven by investment and a unique regulatory status. This report details key players and business models.

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What are serviced apartments and why are they in high demand in Athens?

Serviced apartments in central Athens are in high demand, offering fully furnished accommodations with hotel-like services. These properties utilize short-term rental platforms but are not subject to recent government restrictions, allowing for continued operation and new developments.

forbes.com

🌐 75% Global Worthiness

Dec 18, 01:09

Global Hospitality Market Growth: Challenges and Opportunities

The global hospitality market is projected to grow significantly by 2024, driven by increased travel and demand recovery; however, the industry faces challenges that necessitate innovative solutions focused on sustainability, technology integration, and employee well-being.

Global Hospitality Market Growth: Challenges and Opportunities

The global hospitality market is projected to grow significantly by 2024, driven by increased travel and demand recovery; however, the industry faces challenges that necessitate innovative solutions focused on sustainability, technology integration, and employee well-being.

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What are the primary drivers of the projected growth in the global hospitality market, and what are the most significant challenges the industry faces?

The global hospitality market is booming, projected to grow from \$4,673.63 billion in 2023 to \$4,993.71 billion in 2024, a 6.8% CAGR. This growth is fueled by increased travel and demand recovery in key regions. However, challenges remain, necessitating innovative solutions.

dailymail.co.uk

🌐 65% Global Worthiness

Dec 5, 07:07

Melbourne Businesses Blacklist Dan Andrews Amid Public Backlash Over COVID Lockdowns

Multiple Melbourne restaurants and golf clubs have banned former Victorian Premier Dan Andrews due to his strict COVID-19 lockdown policies, reflecting public anger over their economic impact and his perceived anti-business stance.

Melbourne Businesses Blacklist Dan Andrews Amid Public Backlash Over COVID Lockdowns

Multiple Melbourne restaurants and golf clubs have banned former Victorian Premier Dan Andrews due to his strict COVID-19 lockdown policies, reflecting public anger over their economic impact and his perceived anti-business stance.

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What are the immediate consequences of Melbourne hospitality venues banning Dan Andrews?

Multiple Melbourne hospitality venues have banned former Victorian Premier Dan Andrews, citing his "anti-business stance" and the negative impact of lockdowns on the industry. This follows statements from venue owners like Paul Dimattina of Lamaro's Hotel, who described Andrews as "easily the most hated person" in Victoria. The bans reflect widespread public anger.

smh.com.au

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Nov 13, 07:19

Good Food Guide Awards Recognize Women's Charity

Sydney hospitality charity wins Good Food Guide award for championing cultural change and addressing gender inequality.

Good Food Guide Awards Recognize Women's Charity

Sydney hospitality charity wins Good Food Guide award for championing cultural change and addressing gender inequality.

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What is Women and Revolution's mission?

WAR was recognized for its multifaceted approach to supporting women and gender-diverse individuals in overcoming gender barriers within the hospitality industry.

Showing 61 to 67 of 67 results