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MCR To Purchase BT Tower, London

Hospitality Net

has agreed to purchase the BT Tower — one of London’s tallest buildings — from BT Group. MCR, the third-largest hotel owner-operator in the U.S., MCR will own the 620-foot Tower and podium, encompassing a full London city block, freehold.

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Whitbread purchases Manchester City Centre development site

Hospitality Net

Whitbread PLC, the UK’s largest hotel business and owner of Premier Inn, has purchased a consented hotel development site on the edge of Manchester’s Northern Quarter from Premcor.

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Information Overload Causing Frequent Basket Abandonment in Retail, Consumer Goods and Travel Purchases, Accenture Research Reveals

Hospitality Net

The research, based on a survey of 19,000 consumers across 12 countries highlights the issue of ‘information overload’, with 73% of consumers feeling inundated by too much choice and 75% saying they are bombarded by advertising, resulting in 74% abandoning purchases in the last three months of 2023.

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Largest U.S. Government Purchasers of Food Do Not Collect Comprehensive Traceability Data

Food Safety Magazine

Government Accountability Office, the two largest federal purchasers of food in the U.S. attempt to source locally grown food when possible, but do not collect sufficient data to trace the origins of food purchases. According to a recent report by the U.S.

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How to Improve Restaurant Purchasing for Higher Profit Margins

Sculpture Hospitality

Even the best restaurant managers struggle with food purchasing and forecasting. It’s rare for restaurateurs to get to the next ordering day with no leftovers, no spoilage, and no last-minute menu changes.

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How to Improve Restaurant Purchasing for Higher Profit Margins

Sculpture Hospitality

Even the best restaurant managers struggle with food purchasing and forecasting. It’s rare for restaurateurs to get to the next ordering day with no leftovers, no spoilage, and no last-minute menu changes.

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Everything You Need to Know About Purchasing a New Restaurant

The Restaurant Warehouse

Are you thinking about purchasing a restaurant? If you’re ready to take the plunge into restaurant ownership, this blog post will guide you through the process of purchasing a new business from start to finish. Financing Your Purchase Once your business plan is complete, it’s time to think about financing options.