priceline

Two of SF’s biggest hotels face a 5 million loan deadline

Two of SF’s biggest hotels face a $725 million loan deadline

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Two of San Francisco’s biggest hotels, Hilton San Francisco Union Square and Parc 55, face a $725 million loan maturity deadline in November. The owner of Park Hotels said, on an earnings call this week, it is exploring all options for the properties, including potentially giving them up to their lenders. The company could also extend the loan deadline. “All options are being explored, and we hope to have this resolved by the summer,” said Thomas Baltimore Jr., chairman and CEO of Park Hotels. “If we were hypothetically to give back the keys, there’s a forgiveness of debt. The income…

Wailea hotels enjoy high revenues but lag in occupancy | News, Sports, Jobs

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Visitors roam the sidewalks of Lahaina last week. Occupancy in Maui County hotels was at 70.5 percent in March, down 1.7 percentage points from last year which saw occupancy in March at 72.2 percent. The Maui News / MATTHEW THAYER photo In March, Wailea hotels brought in the most revenue across the state, but also saw some of the lowest occupancy rates in Hawaii, according to a recently released Hawaii’i Hotel Performance Report. Wailea hotels last month saw revenue per available room at $634.65 with an average daily rate at $1,028.45, which is the highest totals…

Why midscale hotel chains are snapping up standalone properties

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People are out and about after the pandemic — and hotels are busy opening doors and laying out buffets. Some are even slapping on a new name as hotel chains are busy snapping up standalone properties in nonmetros — from Puducherry and Jamshedpur to Bhopal and Tirupati. Surendra Vilas, a 46-key hotel in Bhopal, has become a Lemon Tree property. Executive Enclave, a 56-key hotel in Mumbai, has become a Bloom Boutique hotel. A number of affordable, midscale hotels in tier-2 and -3 cities have been rechristened as hotel chains such as Royal Orchid, Fortune, Fern, Sarovar and Lemon Tree…

20 Surprisingly Affordable Luxury Hotels Around the World

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What comes to mind when you think of a luxury hotel? Perhaps a spacious room with beautiful views, elegant decor, and amenities such as a relaxing spa, an infinity pool, a rooftop bar, and a fine-dining restaurant? While the luxe properties go above and beyond to pamper their guests and deliver a memorable stay, they often come at steep prices that can easily run in the thousands for a single night. however, no all luxury properties fit that description. Below, we rounded up 20 luxury hotels that offer the same range of over-the-top amenities in some of the most beautiful…

Restaurant Logo Ideas | Grubhub for Restaurants

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Your restaurant’s logo is the most recognizable and influential part of your restaurant’s brand — it helps your company stand out in a crowd and creates a strong connection with customers. Logos create a visual and emotional tie between customers and their favorite brands. If you ask the average diner what a McDonald’s logo looks like or what colors the Domino’s logo has, they probably can answer at the drop of a hat. Creating a logo that resonates with customers can help make your restaurant more recognizable, keeping your brand on customers’ minds. If your logo is ready for a…

How To Prevent Cross Contamination at Your Restaurant

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When you’re running a restaurant, food safety is a top priority. Proper food handling and storage, combined with strict cleaning procedures, can prevent cross-contamination and reduce the risk of food-borne illnesses. What is cross contamination? Food cross contamination occurs when unsafe bacteria are transferred from one type of food to another. If someone eats cross-contaminated food that’s not properly cooked, it can cause food poisoning and other health conditions. Typically, contamination occurs as a result of incorrect food-handling procedures — chopping raw chicken and vegetables on the same cutting board without cleaning it, for example. Certain foods present a high…

Restaurant accessibility: How to run an inclusive restaurant

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As a restaurant owner, you strive to make your restaurant welcoming to all customers. Yet without proper accessibility modifications, it can be difficult for those with disabilities to enjoy your delicious food. 61 million adults in the US have a disability. Prioritizing restaurant accessibility allows your business to be inclusive of all. Designing an accessible restaurant can be daunting, but by following ADA standards you can provide a barrier-free dining experience for customers with disabilities. Not sure where to start? Take a look at our tips on how to make your restaurant accessible. What is an ADA restaurant? The Americans…

9 trends in AI in restaurants

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Technology is rapidly evolving in businesses, and the restaurant industry is no exception. Restaurateurs are learning that utilizing technology can make their operations smoother, growing their business. Advancements like AI in restaurants have made technology more accessible to businesses, introducing conversational language to make it easier for business owners, staff and customers to interact with technology. The great thing about AI is that it’s a technology that can cater directly to your business needs. Don’t worry – this isn’t a technology that will take over your business, rather work for you, improving operations and streamlining your kitchen. And even better,…