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Should restaurant owners encourage customers to pay by credit cards?

A recent discussion on LinkedIn prompted this post. There is a noticeable and growing trend to charge customers paying by credit card an additional fee. Yesterday, the restaurant I had lunch at, had a 4% surcharge if you paid by credit card. Last we...

Max Starkov

Hospitality & Online Travel Tech Consultant

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Food & Beverage

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Finance & Accounting

NYUSPS Jonathan M. Tisch Center for Hospitality and Tourism

HFTP, AHLA and GFC Unveil Groundbreaking 12th Revised Edition of the Uniform System of Accounts for the Lodging Industry (USALI™)

HFTP, AHLA and GFC Unveil Groundbreaking 12th Revised Edition of the Uniform System of Accounts for the Lodging Industry (USALI™)

A newly-revised edition of the Uniform System of Accounts for the Lodging Industry (USALI™) is now available, published by Hospitality Financial and Technology Professionals (HFTP®). The publication is available for purchase and download here.

Hospitality Financial and Technology Professionals (HFTP)

Hospitality Financial and Technology Professionals (HFTP)

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Lodging Industry

HFTP, AHLA and GFC Unveil Groundbreaking 12th Revised Edition of the Uniform System of Accounts for the Lodging Industry (USALI™)

Why a Data Strategy Is Key to Menu Engineering Success

Why a Data Strategy Is Key to Menu Engineering Success

Amid a growing travel market and steady inflation, hoteliers are under increased pressure to differentiate themselves from competitors and remain profitable. While room rentals are often considered the greatest source of hotel revenue, your culinary...

Johannes Vocke

Chief Financial Officer at FutureLog

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Property Technology

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Food & Beverage

Why a Data Strategy Is Key to Menu Engineering Success

HFTP Launches Clubs-Online, Offering Exclusive Content for the Club Industry to Power Management Decisions

HFTP Launches Clubs-Online, Offering Exclusive Content for the Club Industry to Power Management Decisions

Hospitality Financial and Technology Professionals (HFTP®) is expanding its news and information distribution arm with the launch of Clubs-Online™, a newsletter catering to club professionals. The newsletter, available to HFTP members and subscriber...

Hospitality Financial and Technology Professionals (HFTP)

Hospitality Financial and Technology Professionals (HFTP)

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HFTP Launches Clubs-Online, Offering Exclusive Content for the Club Industry to Power Management Decisions

PKF hospitality group about the new USALI 12th Revised Edition Update – ESG related changes

Following the last edition published in 2014, the new 12th Revised Edition of the Uniform System of Accounts for the Lodging Industry (USALI) has its debut this year (the e-book version is now available) and will be placed in effect on January 1, 20...

PKF hospitality group

PKF hospitality group

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Environment & Sustainability

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Finance & Accounting

PKF hospitality group about the new USALI 12th Revised Edition Update – ESG related changes

Revamping Fort Lauderdale: Convention Center Expansion and Omni Hotel Development

Fort Lauderdale, a staple South Florida beach destination, is shifting its focus beyond leisure tourism with a $1.3-billion investment in the Broward County Convention Center and adjoining Omni Hotel. Following this project, Fort Lauderdale will pos...

Emeldina Paratusic

Emeldina Paratusic

Project Manager, Miami

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Real Estate & Investment

HVS

Europe Hotel Transactions Bulletin - Week Ending 05 July 2024

Room Mate acquires the Staying Valencia portfolio, ISTAR Club-Deal sells Best Western Premier Opera Opal in Paris, Entra sells Clarion Collection Hotel Savoy in Oslo, Kaya Tourism Group acquires Great Northern Hotel in London, VOIhotels acquires Are...

HVS

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Real Estate & Investment

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Partnerships, Mergers & Acquisitions

Europe Hotel Transactions Bulletin - Week Ending 05 July 2024

Asia Pacific Hospitality Newsletter - Week Ending 28 June 2024

JHR is Acquiring Two Hotels Each in Okinawa and Tokyo for a Total of JPY 56.2 Billion, MRA Acquires the Randor Hotel Hiroshima Prestige in Hiroshima for JPY 2.58 Billion, Ananda Sold Five Service Apartment Business Subsidiaries for THB 2.54 Billion,...

HVS

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Real Estate & Investment

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Partnerships, Mergers & Acquisitions

Asia Pacific Hospitality Newsletter - Week Ending 28 June 2024

What is GOPPAR? How can it benefit your hotels?

One of the hospitality industry’s key bottom-line metrics, gross operating profit per available room measures the relationship between hotel revenues and expenses. In general, the better you understand GOPPAR, the better you will be at turning reven...

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Revenue Management

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Finance & Accounting

STR

From Chaos to Control: Why P2P Software Is a Must for Efficient Hospitality Contract Management

From Chaos to Control: Why P2P Software Is a Must for Efficient Hospitality Contract Management

Maintaining strong, equitable vendor relationships is key to any successful hotel enterprise, especially during periods of economic uncertainty. When done effectively, these partnerships ensure that hotels can navigate supply disruptions, provide co...

Johannes Vocke

Chief Financial Officer at FutureLog

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Property Technology

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Lodging Industry

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From Chaos to Control: Why P2P Software Is a Must for Efficient Hospitality Contract Management