McDonald’s USA has teamed up with AARP and the AARP Foundation to add more seniors to its work force. The addition of older workers will help alleviate the effects of the tight labor market as the firm prepares to hire about 250,000 people for the summer.
The SBA’s Small Business persons of the year are Arizona mead producers Jennifer and Jeff Herbert. The first runners-up are Brad and Angie Barber from Iowa, who have a coffee cafe franchisor business. The winners were named today during the 2019 National Small Business Week ceremony in Washington, D.C.
Niren Chaudhary has been appointed the president and CEO of Panera Bread, replacing Blaine Hurst, who will be vacating his CEO post effective May 23, 2019. Hurst, presently on Panera’s board, will become its vice chairman.
People tend to think of Japan as having a homogeneous population, in contrast with the U.S. But it turns out that similarly to the U.S., immigrants can be a boon to employers. A case in point are convenience stores. In Japan, Seven-Eleven (unlike in the U.S.
Hotel owners are keeping a sharp eye out for new technology that can help their bottom line, but workers, along with unions, are concerned about devices that could eliminate their jobs. They want input into changes that affect them.
Americans have exponentially increased the time they spend on food and drink apps. QSR owners must provide a first-class mobile strategy or risk being left behind as a relic of the past by their competitors who do.
The largest Burger King franchisee in the U.S., Carrolls Restaurant Group Inc., announced a net loss of $11.5 million in the quarter that ended on March 31. The franchisee owns 1,010 Burger King and 55 Popeyes restaurants.
According to STR, U.S. hotels achieved all-time high levels of occupancy, ADR, and RevPAR in 2018. While a record number of guests are staying at hotels, and revenues are flowing in, the ability to collect these funds is starting to become more of a challenge.
The Asian American Hotel Owners Association (AAHOA) is a trade association that represents hotel owners. As of 2018, AAHOA has approximately 18,000 members who incredibly own about half the 50,000 hotels in the United States. If you bear in mind that Indian Americans constitute less than one percent
According to the December 2018 edition of CBRE’s Hotel Horizons, the annual growth in RevPAR for U.S. hotels is forecast to decelerate from 2.8 percent in 2018 to 0.1 percent in 2021. As the main source of hotel revenue is plateauing, hoteliers are looking up and down their operating statements to
Among the great hotelier/developers of our time, John Q. Hammons developed 200 hotel properties in 40 states. Hammons disdained standard feasibility studies when assessing potential sites for hotel development. Instead, he relied on his own experience, knowledge and intuition.
Technology, online intermediaries, social media, revenue management software, shared-services, and the proliferation of market intelligence reports have reshaped the way hotel Sales and Marketing Departments conduct business. The traditional organizational structure of assigning personnel by demand