Hospitality Business Magazine
Today, we’re very excited to announce the relaunch of Hospitality Business with a best-in-class new website, which you’re looking at right now. The new site has a striking modern design, allows readers to navigate content more easily and features the latest industry news, long-form content and opinion pieces, as well as offering our partners better opportunities to communicate their messages to the trade. We’re also adding a directory of products and services to the site, along with a section dedicated to resources such as pdf guides, infographics and webinars to help readers grow their businesses, improve their craft and further…
B&B association elects new board
Bed & Breakfast Association New Zealand is entering the post-pandemic era with a refreshed board line-up and a new president. board member Ann-Marie Johnson has been named incoming President at the association’s recent AGM. Ms Johnson was formerly communications manager with Tourism Industry Aotearoa and joined the BBANZ Board in 2021, to provide a wider tourism industry perspective to the board’s discussions. “The hosted bed and breakfast sector plays an important role in Aotearoa New Zealand. It offers our international visitors the opportunity to meet genuine, friendly Kiwis, and to experience our lifestyle in New Zealand’s most beautiful locations,” Ms…
NZ restaurants embrace food waste minimization ideas –
Forward-thinking chefs and hospitality owners are dealing with the environmental impact of food waste by minimizing it in their kitchens. At Vic Road Kitchen in Auckland’s Devonport, chef-owner Ian Shields changes his menu every few days to limit spoilable inventory. “We only buy in enough to do a couple of portions for the night,” explains Shields, the British-born chef, who opened his restaurant in 2018. “I’m not afraid to run out of a dish; I’d rather run out than have waste. We try to utilize everything we’ve paid for so at the end of the week there is very little…
Michael Meredith to join SkyCity with new restaurant –
SkyCity has announced award-winning chef Michael Meredith will be joining the Auckland dining precinct with a new Pacific inspired restaurant, Metita, opening in October 2023. The much-anticipated restaurant will draw inspiration from Michael’s upbringing in Samoa. Its menu has been crafted to highlight sustainably caught seafood and fresh, locally sourced ingredients. “Metita is a coming together of my Pacific heritage, my food journey and passion for fresh and seasonal flavors,” says Michael. Metita will hold a special place in Michael’s heart, having been named after his late mother. Michael says, “I always wanted to name a restaurant after my mum.…
Busy start to Fine Food New Zealand –
New Zealand’s premier trade event for the hospitality, food retail and food service industries, Fine Food New Zealand, has opened on June 25 with visitors from throughout the country attracted to the more than 250 exhibitors, at the Auckland Showgrounds. Displays include the very latest commercial kitchen equipment available, local produce suppliers and IT software system professionals for restaurant bookings, to name just a few. A packed agenda over the three day event includes seminars, training and education, equipment and food demonstrations; the NZ Chefs Championships and Global Chefs Challenge plus the Restaurant Association of New Zealand’s ‘Hospo Hui’. The…
Stellar line up for ‘For Industry, By Industry’ HNZ conference 2023 –
One of the driving forces behind Australia’s biggest hospitality and accommodation empire will open Hospitality New Zealand’s conference and trade show in Auckland later this month. Sam Egerton is General Manager of New Projects for Merivale Group, which owns 104 restaurants, pubs, bars and hotels across Australia, most of them in Greater Sydney. He heads a program of speakers and sessions designed to inform, educate and entertain operators from across the hospitality sector. This year the theme is ‘For Industry, By Industry’, and will feature motivational and subject speakers, expert sessions and panels that cover consumer trends, compliance, Chat GPT,…
When Should You Buy Hyatt Hotels Corporation (NYSE:H)?
Today we’re going to take a look at the well-established Hyatt Hotels Corporation (NYSE:H). The company’s stock received a lot of attention from a substantial price movement on the NYSE over the last few months, increasing to US$123 at one point, and dropping to the lows of US$104. Some share price movements can give investors a better opportunity to enter the stock, and potentially buy at a lower price. A question to answer is whether Hyatt Hotels’ current trading price of US$110 reflects the actual value of the large-cap? Or is it currently undervalued, providing us with the opportunity to…