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The Rhode Island Hospitality Association hosted a Economic Outlook breakfast Wednesday, detailing to its membership the current statistics on the food service, lodging and recreation industry ...
In 2015 the United Kingdom hospitality industry employed around 2.9m people – around 9% of the UK workforce. [12] By employment, it is the UK's fourth-largest industry. The most jobs in the industry are found in London (around 500,000) and South East England (around 400,000); 18% of workers in the UK industry are in London. There are around 1 ...
In recent years, a flurry of hospitality companies announced their cruises — often in the form of yacht tours — in close succession: Ritz-Carlton in 2017, Aman in 2021, and Four Seasons in 2022.
The US restaurant industry was projected at $899 billion (~$1.04 trillion in 2023) in sales for 2020 by the National Restaurant Association, the main trade association for the industry in the United States. [2] [3] An estimated 99 percent of companies in the industry are family-owned small businesses with fewer than 50 employees. [4]
The organization's stated objective is to promote interoperability of the many technology systems used in the hotel industry, such as property management systems, point-of-sale systems, telephone systems, building automation systems, guest room entertainment systems such as video on demand, security and access control systems, and many others.
Management points to expansions in its capabilities -- including specialized products for event catering, hotels, and the broader hospitality industry -- as expected growth drivers.
The Caterer is a weekly UK business magazine for hospitality professionals. It covers all areas of the hospitality industry (including restaurants, hotels, foodservice, pubs and bars) providing news, analysis and features about senior industry professionals, businesses and trends. It also includes monthly reviews of the latest hospitality ...
It’s especially tough for an industry where the average pre-tax profit margin is already razor thin, typically hovering between 3% and 5% for a small business restaurant.