Hospitality Trends

Confidence about the US economy's 12-month outlook rose sharply this past quarter among executives surveyed for PwC US’s Private Company Trendsetter Barometer. Sixty percent of Trendsetter executives voiced optimism (up 21 points from the prior quarter), with just 8% expressing pessimism; the remaining 32% were uncertain.

How do we balance the Guest expectation and what a restaurant offers that Customer? Distinction in the competitive food and beverage realm is the key ingredient.

Compared to 2011, more Americans are planning to kick-off the summer with a Memorial Day weekend excursion this year; however, they are conscientious about travel expenses, according to a new Deloitte survey.

A new paper in the Cornell Hospitality Industry Perspectives series highlights Energy University, developed by Schneider Electric for the benefit of building managers in all industries, including the hospitality industry.

The global hospitality industry is gaining strength, but certain challenges remain, according to participants in the first International Hospitality Roundtable, produced by the Cornell Center for Hospitality Research (CHR).

The Cornell Center for Hospitality Research (CHR) has released the Restaurant Table Simulator (RTS), which gives restaurant managers a way to analyze table usage in their restaurant.

Average travel distance decreases significantly as holiday travelers economize by decreasing entertainment costs

Fast-casual chains strengthened their gains on the overall restaurant industry, with the top 150 fast-casual chains growing 8.4 percent to $21.5 billion in 2011, a faster rate than in 2010 (6.6 percent). In comparison, 2011 sales growth for the Top 500 U.S. chains was 3.5 percent.

TripAdvisor announced the results of its annual summer travel survey of more than 1,800 U.S. respondents. Eighty-six percent of travelers are planning leisure trips this summer, up from 81 percent that traveled last summer.

Jones Lang LaSalle Hotels says transaction volumes to spike at $650 million in 2012 as investors look beyond the beach for investment opportunities