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LATEST PUBLICATIONS



Global Travel and Tourism Sector Deal Activity Fell by 14.9% YoY in Q1 2024, According to GlobalData

April 18, 2024

Travel and tourism sector witnessed the announcement of 165 deals* globally during the first quarter (Q1) of 2024. This represents a year-on-year (YoY) decline of 14.9% compared to the announcement of 194 deals during the same period last year, according […]


Travel and Tourism Industry Unites to Tackle Climate Change

April 9, 2024

Category: News

Association representatives from the European travel and tourism sector (business and leisure) met in Rhodes, Greece, to sign a landmark declaration promising decisive action towards more sustainable travel and tourism. The joint declaration will serve as a roadmap to foster […]


3 Ways to Leverage Your Hotel PMS Data for Revenue Management Success

April 1, 2024

Category: Technology

And when it comes to data, there’s no source more important than your Property Management System (PMS). Your PMS is the beating heart of your hotel operations, tracking everything from reservations and check-ins to hotel room rates and billing. But […]


Restaurants

Delight Restaurant Group acquires 65 Wendy’s restaurants

April 2, 2024

Via: Restaurant Dive

Delight Restaurant Group, founded by managing partners Andrew and Richard Krumholz in 2016, previously acquired nearly 100 Wendy’s restaurants in 2021. That year, it grew its presence in Raleigh, North Carolina, after buying 54 units from bankrupt NPC International and […]


Technology

How Artificial Intelligence is Redefining Modern Hospitality Procurement

April 1, 2024

Via: Hotel News Resource

While the future holds much promise, the rising operational costs pose a significant issue. From labour costs and food prices to energy bills, hotels must find ways to manage expenses and maintain profitability without compromising on quality. Given the current […]