Hotels Food
HotelKey Partners With Rate Gain To Provide Competitive Pricing And Distribution For HotelKey Customers Worldwide

Dallas, February 23, 2023: HotelKey, the leading cloud-based property management platform for hotels, announced a partnership with RateGain Travel Technologies Limited (RateGain), a global provider of SaaS solutions for travel and hospitality, to integrate RateGain’s global distribution, central reservations, and pricing capabilities into HotelKey’s platform PMS. The integration will roll out across HotelKey’s portfolio of more than 4,000 properties, with hundreds of properties already accessing the combined capabilities.

“We are excited to bring RateGain’s next-gen pricing and distribution capabilities to our partner hotels,” said HotelKey Co-Founder and President, Aditya Thyagarajan. “RateGain is an unparalleled innovator, and bringing their revenue-generating capabilities to HotelKey’s intuitive property management system is a huge plus for hotel owners and operators. We look forward to accelerating our partnership in the months ahead.”

Through the collaboration, hotels on the HotelKey platform will see RateGain’s pricing and distribution tools on the HotelKey platform. This will enable hoteliers to save time and achieve efficiencies, making better distribution decisions faster and, ultimately, saving money as well as building revenue.

“RateGain’s mission is to generate more revenue every day for hotels, and we are now delighted to include hotels on the HotelKey platform among our partners,” said Chinmai Sharma, President of the Americas at RateGain. “The HotelKey-RateGain partnership moves in the direction of providing a one-stop-shop for hoteliers looking for better ways to run their properties, train their employees, and maximize pricing, distribution, and revenue. We are excited to continue building out our collaboration with HotelKey.”

Along with other benefits, HotelKey and RateGain’s mobile-first API integration provides hoteliers with a seamless transition to the new offering, with each property gaining access to real-time inventory management and efficient oversight of third-party distribution and price parity across channels.

RateGain’s platform is designed to help hoteliers grow revenues by improving pricing, generating more bookings, and optimizing conversions across distribution channels. RateGain works with 23 of the industry’s top 30 hotel chains, and powers more than 191,000 hotels to unlock more revenue, acquire more customers, and provide outstanding on-property experiences.

About HotelKey

HotelKey was founded in 2015 and today counts large enterprise chains among its clients, including G6 Hospitality, Extended Stay America, and Red Roof Inn. HotelKey’s client portfolio includes roughly 400,000 live rooms and over 4,000 live properties, including 500 independent hotels around the world. In addition to its industry-leading PMS solution, HotelKey also offers an enterprise-grade central reservations system and point-of-sale system, RetailKey, along with a host of other products and services specifically designed for the hospitality industry. For more information visit hotelkeyapp.com, and connect with HotelKey on LinkedIn, Instagram, Facebook, and Twitter.

About RateGain

RateGain Travel Technologies Limited is a global provider of SaaS solutions for travel and hospitality that works with 2800+ customers and 700+ partners in 100+ countries helping them accelerate revenue generation through acquisition, retention, and wallet share expansion.

RateGain today is one of the world’s largest processors of electronic transactions, price points, and travel intent data helping revenue management, distribution and marketing teams across hotels, airlines, meta-search companies, package providers, car rentals, travel management companies, cruises and ferries drive better outcomes for their business. Founded in 2004 and headquartered in India, today RateGain works with Top 23 of 30 Hotel Chains, Top 25 of 30 Online Travel Agents, and all the top car rentals including 8 Global Fortune 500 companies in unlocking new revenue every day. For more information, please visit https://www.rategain.com.

Forward-Looking Statements

Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential, and target dates for project-related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors.

Contact Media

Ankit Chaturvedi
[email protected]
Global Head-Marketing

Cheap Hotels
Traveling to Hawke’s Bay

Advice From : Hawke’s Bay Tourism – Hawke’s Bay – New Zealand

Q. Can I travel to the Hawke’s Bay region?
Parts of Hastings District and Central Hawke’s Bay, and some operators in Napier, remain operational for business, but we encourage all potential travelers, including those keen to check on family and friends, to book ahead and/or contact accommodation providers and experience operators to confirm current operating conditions.

Hawke’s Bay Airport is fully operational, however restrictions and road closures apply. Please check Waka Kotahi for the most up-to-date information on the roading network. Air New Zealand has introduced a temporary service between Gisborne and Napier airports.

Hawke’s Bay’s Visitor Economy is the third largest contributor to regional GDP, and is estimated to represent 9-10% of the total employment in the region. It will, therefore, play an important role in the recovery, bringing money into the economy, and supporting jobs and businesses, including both Hastings and Napier CBDs.

We look forward to welcoming visitors back to the entirety of our region – from Wairoa in the north to Pōrangahau in the south – when the time is right.

Q. Is it safe to visit the Hawke’s Bay region?
Civil Defense has declared an emergency in Wairoa, Napier, Hastings and Central Hawke’s Bay, and some areas in these districts remain without power or reliable communications.

Some roads in and around the region remain closed, while others are designated for essential/critical workers only. Please check Waka Kotahi for further information and follow instructions, including when essential travel-only applies. Areas impacted by flooding may be contaminated by silt, which contains contaminants that could be harmful.

However, parts of Hawke’s Bay remain safe and operational for business. We encourage potential travelers, including those keen to check in on family and friends, to book ahead and/or contact your accommodation providers and experience operators to confirm current operating conditions before departing for Hawke’s Bay.

Q. How can I get to Hawke’s Bay?
Hawke’s Bay Airport is fully operational and Air New Zealand is flying to Hawke’s Bay from Wellington, Auckland and Christchurch daily.

A number of roads in and around the region remain closed, including both State Highway 2, between Napier and Gisborne, and State Highway 5, between Napier and Taupo. For full roading updates, please visit Waka Kotahi.

Please be aware that some roads are for essential/critical travel and workers only. Please ensure you take your time and allow for variations.

Q. When should I plan to visit Hawke’s Bay?
Parts of the region are open for business now, so if you do have a reservation or have plans to visit, please check with your accommodation providers and experience operators. The operators who can safely open will value your support.

While Civil Defense has declared an emergency in place for the full region, the situation on the ground is changing rapidly, so please return here for updates.

If you would prefer to postpone your visit to Hawke’s Bay, mid-late Autumn is beautiful, and June is a fantastic time to visit with Winter FAWC! Food and Wine Classic running throughout the month.

Q. How many tourism operators have been impacted by the flooding?
Hawke’s Bay Tourism is conducting a detailed audit of operators, with an emphasis on who is operating as normal.

Many businesses are getting back to business, with more coming online every day. We recommend you reach out directly to your accommodation and experience providers for updates.

Q. Is accommodation available or is it being used for emergency accommodation?
Parts of the region, including accommodation providers, are now open to visitors.

However, there is an increased demand for accommodation in Hawke’s Bay at the moment so we recommend visitors book ahead, ensuring operators can be prepared for your arrival.

Please be aware, some accommodation providers may be prioritizing displaced residents and/or essential workers.

Q. I have booked a holiday in Hawke’s Bay in the next few weeks. Should I cancel?
Parts of Hawke’s Bay remain open for business, but we encourage potential travelers, including those keen to check in on family and friends, to book ahead and/or confirm with accommodation providers and experience operators. Businesses who can operate safely will value your support.

For those visitors who made arrangements not to visit, we look forward to welcoming you when the time is right. Your support will play an important part in Hawke’s Bay’s recovery, bringing money into the economy, supporting jobs and businesses.

Q. I want to cancel my trip – will I get my money back?
We recommend you check with your travel agent or review the cancellation policies of each individual provider. We encourage you to check insurance policies as well.

Q. What is happening with Cruise?
Napier Port in agreement with Napier City Council advised that cruise ship calls would not call into Napier for the week ending Sunday 26th February 2023. The decision will be reviewed on an ongoing basis with other stakeholders.

Q. What is Tourism doing to support the response and recovery?
Many businesses that play key roles within the Hawke’s Bay Visitor Economy are working hard to support fellow businesses hardest hit and those helping with the immediate response.

Hospitality businesses are delivering meals to affected communities and volunteers, while others are contributing both financially and with time and energy to the clean-up. Industry peers in other regions, including Wairarapa and Auckland, have created fundraising opportunities to contribute financially to the region’s recovery.

Q. What support do Hawke’s Bay Visitor Economy businesses need right now?
After three years of dealing with the ups and downs of the Covid pandemic, the impact of Cyclone Gabrielle, during what ought to be one of our busiest months, will be significant.

Businesses that cannot trade or have had business severely affected by Cyclone Gabrielle and/or the subsequent impacts, may need financial support to get through. Hawke’s Bay Tourism is working to advocate on their behalf

The post Traveling to Hawke’s Bay appeared first on .

Luxury Hotels
TAKUMI – The Beat Bali

TAKUMI A NEW JAPANESE DINING EXPERIENCE.

Japanese dining just hit a new, higher level in Bali with the opening of Takumi on Jalan Petitenget, situated right next to Ling Lings.

We arrived and were directed to the light colored timber dining bar or counter, sitting on elegant dining chairs, and now overseeing the action. Osaka born Chef Daijiro [pictured above] is in front of us smiling. He overseas a multitude of cooks and assistants, who are busy hand-making dishes right in front of our eyes. The main kitchen, which services the counter is out the back. Floor staff are attentive and discrete, hovering back and forth, making sure everything is comfortable. There are also separate tables and booths for guests requiring more exclusion.

Besides the handcrafted Japanese set menu (pictured above), the decor and finishing of Takumi places it right among the best restaurants in the area.

But back to the menu. There are two choices right now. The full set menu, consisting of nine separate dishes, and also a six piece version. There is no a la carte. The set menu is seasonally based and will change periodically. The menu and dining concept follow Shun and Chisan Chisha principals, which basically means eating foods at their seasonal freshest and best. Everything is super fresh at Takumi.

There are plenty of tasty morsels on the menu and, as you would expect from a Japanese eatery, they are mainly from the sea, but some come from the farm―succulent beef and chicken cooked in a variety of ways and forms, and perfectly cooked vegetables that appear in such a simple way on the plate that you have to smile. They are also simply delicious. The Japanese have perfected stylish and healthy dining over centuries and here at Takumi those centuries of experience would appear to be rolled right into every single dish. If you are seated at the counter those dishes, which roll out every few moments, as I said above, are mostly created right before your eyes.

Takumi is an exceptional dining experience with Mr Daijiro at the helm.

Upstairs henceforth, is the bar and wow, what a bar. Plush interiors and Japanese whiskeys are de rigor and it too is up there with the fanciest bars in town. Not overly large, but intimate and uber-stylish.

Points

9 course set menu 1.2 million.
6 courses 900k.
The menu changes seasonally.
Produce imported from Japan.
And also sourced locally.
A real hands on experience.
Take it slowly.
An excellent selection of sake.
The ultimate Japanese whiskey bar upstairs.

www.takumibali.com

Arigatō

Hotels
S$0.13 (vs S$0.042 loss in FY 2021)

Hotel Properties (SGX:H15) Full Year 2022 Results

Key Financial Results

  • Revenue: S$525.5m (up 53% from FY 2021).

  • Net income: S$76.4m (up from S$21.7m loss in FY 2021).

  • Profit margin: 14% (up from net loss in FY 2021).

  • EPS: S$0.13 (up from S$0.042 loss in FY 2021).

earnings-and-revenue-growth

earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hotel Properties Earnings Insights

Looking ahead, revenue is forecast to grow 10% pa on average over the next 2 years, compared to a 12% growth forecast for the Hospitality industry in Singapore.

Performance of the Singaporean Hospitality industry.

The company’s share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we’ve discovered 2 warning signs for Hotel Properties (1 is a bit concerning!) that you should be aware of.

Have feedback on this article? Concerned about the content? get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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Hotels News
Sushi Tea Winter Menu | Miyazaki Beef and Yuzu Buri

The good thing about dining at Sushi Tea is that you get to have the familiar dishes from their ala carte dishes but also get to try new dishes from their seasonal menu. This winter, delights such as Miyazaki Beef and yuzu buri are the featured dishes.

Sushi Tei Winter Menu 01
The yuzu buri, known for its slightly firmer texture, comes from the Nagazaki prefecture and is served as a carpaccio ($16.80). The zesty yuzu sauce and the radish rolled between the fish makes this a good option for an appetizer.
sushi tei winter menu 02
Another snack that was popular with my dining companions is the Unagi Mentai Slider ($12.80). Each slider consists of a sheet of deep-fried gyoza skin and unagi topped with cod roe mayonnaise, mango and tobiko.
sushi tei winter menu 03
The Age Kani Tofu ($13.80) is likely to find favor with children. Crab tofu is deep-fried until golden brown and served with a sweet-sour tonkatsu sauce. The texture of the tofu is more similar to fishcake.
sushi tei winter menu 04
My favorite from their Winter Menu is the Ebi Curry Roll ($9.80). Deep-fried prawn is rolled into a sushi and topped with lobster salad then drenched in Japanese curry. As with the usual Japanese curry, the spice for this is fairly mild. This combination somehow works and is a good sharing dish.
Sushi Tei Winter Menu 05
The star dish in its winter menu is the Miyazaki Wagyu Steak ($37.80). The beef is pan-fried slightly and arrayed with ikura for added umami. As you can see, the meat is on the fattier side and the sweet-tangy sauce that comes with it helps cut through it.
Sushi Tei Winter Menu 06
For a more substantial meal, the Miyazaki Wagyu Fried Rice ($15.80) sees the same Miyazaki beef tossed in Sushi Tea’s signature garlic fried rice and egg.

One would usually observe queues outside Sushi Tei at mealtimes and it’s no wonder why – there is something on the menu for everyone and the prices are also relatively affordable. Their seasonal menu also offers new dishes for diners every now and then. Do note that this winter menu is available until 14 March 2023 before they change things up again.

Budget per person: $20 to $30 per person

  • Sushi Tei

  • Phone

    6235 1771
  • Address

    290 Orchard Rd, #05 – 04 / 05 Orchard Paragon, Singapore 238859

The post Sushi Tea Winter Menu | Miyazaki Beef and Yuzu Buri appeared first on foodgem: Food & Travel.

Cheap Hotels
A spoonful of olive oil in your coffee? –

Starbucks has launched an ‘innovative’ range of coffee beverages infused with extra virgin olive oil across its Italian stores.

Interim CEO Howard Schultz said the Oleato – meaning ‘with oil’ – range of beverages represents the ‘next revolution in coffee’ that brings together an ‘alchemy of nature’s finest ingredients’.

Starbucks cited an Italian family tradition of consuming a spoonful of extra virgin olive oil each day as an uplifting ritual as the inspiration for the concept and has partnered with premium Sicily-based olive oil brand Partanna for the product launch.

Three products — Oleato Caffè Latte, Oleato Iced Shaken Espresso and Oleato Golden Foam Cold Brew — have launched across Starbucks’ 22 stores in Italy, while two additional beverages — an Oleato Iced Cortado and Oleato Deconstructed — have debuted at the Starbucks Reserve Roastery in Milan .

The Seattle-based coffee chain will then introduce the beverage in select markets globally, starting with Southern California in the US this spring before expanding to Japan, the Middle East and the UK before the end of the year.

Customers will also be able to request a press – the equivalent to a spoonful – of Partanna extra virgin olive oil as a customization to select beverages, such as espresso beverages and tea lattes.

“Oleato represents the next revolution in coffee that brings together an alchemy of nature’s finest ingredients – Starbucks arabica coffee beans and Partanna cold pressed extra virgin olive oil. Today I feel just as inspired as I did 40 years ago, Oleato has opened our eyes to fresh new possibilities and a transformational way to enjoy our daily coffee,” said Schultz.

Starbucks entered the Italian market in 2018 with a Starbucks Reserve Roastery in Milan. In September 2021, the coffee chain announced it would reach 37 stores by the end of 2023, including 12 new outlets this year.

In September 2022 Starbucks opened its first store in Verona, the city which inspired the Starbucks concept in 1983, in partnership with its Italian licensee Percassi.

Luxury Hotels
The WorldCup. Where to watch it in Bali?

Football’s biggest championship, The World Cup is on the way soon. It starts with the opening and first game between host nations Qatar and Ecuador at the Al Bayt Stadium at local Bali time of midnight Sunday, November 20, 2022.

The World Cup 2022 is being held in Qatar for the first time this year from Nov 20 and finishing with the final on Sunday December 18, right in time for Christmas!

There is a 5 hour difference in the time between Qatar to Bali so expect some late games, but some are reasonably timed during the group stages.

Group stage games will be televised live in Bali at 6pm, 9pm, midnight and 3am. The qualifying finals will be televised at 11pm and 3am. Thankfully, the Final itself is on at the manageable time of 11pm.

There will be some glary eyed football fans roaming around the streets of Bali late at night during that month so be careful on the roads.

So how can you watch it at home?

Free to air local stations SCTV (56-matches) and Indosiar (16-matches) will show all the games between them. Get an antennae quick. Moji and Mentari TV (selected group stage matches), Champions TV, Nex Parabola and Vidio (all matches and cheap)

Where to watch the World Cup in a bar?

Since some of the games are out of normal operating hours it can be difficult to find a place open for the late games but the early games shouldn’t be an issue at your usual sports bar. Ask if they are open for the 3am games. We shall update the list below as information comes in.

The Forge is open 24/7 (Petitenget)

Seminyak Social (Petitenget)

Finns Rec Club (Berawa)

James Cook Sports Bar (Anya)

Y Sports Bar (Legian)

Pavilion Sports Bar (Double Six Beach)

The Bench (Batubolong)

Nirvana Sports Bar (Oberoi)

The Goat (Oberoi)

Gracie Kelly’s Irish Pub (Kuta)

Latest additions..

Warung Evening – Jl Merta Agung

Warung Canteen Canggu – Berawa Town

Good luck and may the best team win.