Millennials are a driving force in the hospitality industry. As a result, businesses cater to their needs in order to survive. The members of this generation want to be social. They want connections and they need to be personally engaged. So how can nightclubs, which are seeing a decline in recent years, provide an answer to…
Many people are beginning again to dine outside or purchase take out rather than cook a meal. This is partly driven by a change in lifestyle or not having enough time to prepare food. The food service industry has taken notice and different innovations over the years have brought much success to the sector. We’ll…
The Trump International Hotel and Tower in Ontario has failed to make a profit despite being located at the heart of the city’s financial district. Although the hotel bears the name of the current US president, he did not develop the property nor does he own it. A real estate company called Talon International Development…
If you’re in the hospitality industry, you’ll probably use interim hotel management services at least once in your life. These services are excellent if you’ve just bought a hotel and need a temporary manager to run it while you’re putting your own staff together. They’re also ideal if you currently own a hotel but don’t…
If you’re one of many nightclub investors, plan to build one from scratch, or you’re already managing one, you need to know about the latest trends in the industry. By being aware of these trends, you can determine how to improve your business to satisfy your customers, pique their interest, and keep them coming back. You’ll…
Many entrepreneurs don’t like to talk about restaurant turnaround consultants since they bring up bad memories and make them remember about the times when their business was struggling. But, if you own a bar or restaurant, or any other hospitality business, you have to realize that these consultants are some of the most important people…
A receiver is someone who is appointed by the court to handle a property that is the subject of litigation. In the hotel business, for example, a lender might come after an entrepreneur who used the hotel he owns as collateral but has failed to repay his debt. In this case, both the lender and…
Finding a restaurant expert witness isn’t usually at the top of restaurant owners’ to-do lists. However, if you’re planning to buy a dining establishment or start one from scratch, you have to realize how important it is to find a restaurant management consultant that offers this type of service. This is especially true when your…
One way to diversify your portfolio is to invest in a restaurant. But is it really the right step for you to take? Consider the pros and cons of restaurant investing to find out if it’s worth your time and money. Seeking advice from a restaurant management consultant is also a great idea. PROS…
Putting your money in hotels is one of the best things that investors can do for their investment portfolio. They won’t only diversify their investments and protect their funds, but they’ll also ride the growth of the hospitality industry and enjoy high returns down the road. Perry Group International is a hotel consultant California firm…