Hotels
InterContinental Hotels Group (LON:IHG) Lowered to Sell at Redburn Partners
Redburn Partners lowered shares of InterContinental Hotels Group (LON:IHG – Get Rating) to sell a rating in a research note issued to investors on Tuesday morning, reports Marketbeat Ratings. Several other equity analysts have also recently issued reports on the company. Jefferies Financial Group lifted their price target on InterContinental Hotels Group from GBX 5,500 ($67.54) to GBX 6,200 ($76.14) and gave the company a buy rating in a research report on Wednesday, January 25th. JPMorgan Chase & Co. reduced their price objective on InterContinental Hotels Group from GBX 6,200 ($76.14) to GBX 6,000 ($73.68) and set a neutral rating…
Hotels
How To Make a Restaurant Schedule
Restaurant scheduling is both an art and a science — it must simultaneously serve the business, satisfy customer demand, and account for employees’ needs. Given the complex factors involved, it’s safe to expect a certain amount of trial and error. Stick with it and you can create a workable restaurant schedule that keeps operations running smoothly and efficiently. Why is restaurant scheduling important? Restaurant scheduling creates the framework for your operations. A predictable schedule makes it easier to assign duties, plan deliveries and ensure busy shifts are adequately staffed. It also helps you spread out the workload, ensuring every employee…
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 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.…
Hotels
Restaurant Technology Trends for 2022
The growing demand for off-premise dining has made it even more attractive for restaurants to expand operations. Investing in the latest restaurant technology and digital innovations can help with everything from streamlining order taking to managing multi-channel marketing. Your ability to incorporate technology into your restaurant can have a huge impact on customer experience. The modern diner is tech savvy, and expects their favorite places to grab a bite to be up to date with the latest tech trends. The online food delivery industry currently generates more than $26.5 billion a year. By 2024, that number is projected to surpass…
Hotels
How to login to your Grubhub for Restaurants account
Logging in to your Grubhub For Restaurants account is the way restaurants can manage orders, view account details, manage payments and get help. If you are a restaurant currently live on Grubhub, login to your Grubhub for Restaurants account here. You can access your account as an admin or basic user to manage Grubhub orders. When you go live, you should already have an account created for you- for more info about this you can navigate to the Help center within your account. Read below to learn how to log in for the first time. Create a Grubhub for Restaurants…
Hotels
How to get your restaurant ready for football’s biggest night
With the nation’s biggest pro football event just weeks away on February 12th, it’s time to draw up a game day menu for this year’s festivities. After all, football’s biggest night could make an even bigger impact on your restaurant’s bottom line. Of the $14.6 billion spent by fans during last year’s game, 79% went toward food and beverages. ¹ A significant part of that spending goes toward restaurant delivery orders — on Grubhub, this January day was one of the most popular days for delivery in 2022 Gear up for game day with these fan favorites as well as…