F&B

Monarch Casino & Resort Reports Record First Quarter 2024 Financial Results

Retrieved on: 
Wednesday, April 17, 2024
Capital, F&B, Hand, Average daily rate, Capital expenditure, Public expenditure, Food, EPS, Advertising

We are on track to bring into operation another 125 redesigned and upgraded rooms by the end of the second quarter in 2024.

Key Points: 
  • We are on track to bring into operation another 125 redesigned and upgraded rooms by the end of the second quarter in 2024.
  • Income from operations for the first quarter of 2024 increased 2.8% compared to the same period last year.
  • On March 15, 2024, the Company paid a cash dividend of $0.30 per share to its stockholders of record on March 1, 2024.
  • The dividend is payable on June 15, 2024, to stockholders of record on June 1, 2024.

$9.6 Bn SCADA (Monolithic, Distributed, Networked) Markets - Global Forecast to 2030: Advent of Industry 5.0 Boosting Demand, Rising Adoption of Automated Technologies Across Europe and Asia-Pacific - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 30, 2024
Technology, Networks, Hardware, Semiconductor, Foodservice, Agriculture, Monolith, F&B, Risk, Distribution, SCADA, FDI, Transport, Component, Oil, Automation, Electronics, Telecommunications, Growth, Architecture, Instrumentation

Based on type, the global SCADA market is broadly segmented into monolithic SCADA systems, distributed SCADA systems, networked SCADA systems, and other SCADA systems.

Key Points: 
  • Based on type, the global SCADA market is broadly segmented into monolithic SCADA systems, distributed SCADA systems, networked SCADA systems, and other SCADA systems.
  • In 2023, the networked SCADA systems segment is expected to account for the largest share of the global SCADA market.
  • In 2023, the hardware segment is expected to account for the largest share of the global SCADA market.
  • Who are the local emerging players in the global SCADA market, and how do they compete with other players?

Alipay+ Enables Digital Payment of 14 Overseas E-wallets from 9 Countries and Regions in Hong Kong to Support City’s Global Travel Drive

Retrieved on: 
Friday, April 26, 2024
Banking, Technology, Travel, Professional Services, Payments, Digital Cash Management, Digital Assets, Tourist Attractions, Apps, Applications, Fintech, Mobile, Wireless, Finance, Naver Pay, Partnership, Macau Pass, Culture, Filipino, Ant Forest, HKTB, Food, KakaoPay, Touch 'n Go, Digital technology, Mastercard, Tourism, Public Bank Berhad, Touch 'n Go eWallet, Diners Club International, JCB, Ant Group, Ecosystem, International, SME, Visa, Destination marketing organization, Transport, Digital wallet, Marketing, TNG, F&B, GCash, OCBC, Growth, Cryptocurrency

Similar to Alipay (Chinese mainland), these newly enabled wallets are now accepted at over 90% of the local outlets in Hong Kong.

Key Points: 
  • Similar to Alipay (Chinese mainland), these newly enabled wallets are now accepted at over 90% of the local outlets in Hong Kong.
  • This represents the largest number of international payment apps introduced to the city’s offline commercial network through cross-border cooperation at a single time.
  • Since 2023, Hong Kong has seen a continued growth of inbound travelers following the launch of global campaigns by the Hong Kong Tourism Board (HKTB) to welcome visitors from all around the world.
  • As the city's tourism promotion organization, the Hong Kong Tourism Board attracts visitors to Hong Kong through various global promotions and marketing initiatives.

Curator Hotel & Resort Collection Selects Toast as a New Preferred Point-of-Sale Partner

Retrieved on: 
Friday, April 19, 2024
Apps, Applications, Technology, Payments, Electronic Commerce, Software, Other Travel, Lodging, Data Management, Travel, Sale, PMS, POS, F&B, Collection, Hotel, Food, Multimedia, Tourism

Curator Hotel & Resort Collection (“Curator”) is announcing Toast as a new preferred cloud-based point-of-sale (POS) platform partner.

Key Points: 
  • Curator Hotel & Resort Collection (“Curator”) is announcing Toast as a new preferred cloud-based point-of-sale (POS) platform partner.
  • This collaboration will help member hotels’ F&B outlets improve operations, increase sales, and create an overall better guest experience.
  • View the full release here: https://www.businesswire.com/news/home/20240419611375/en/
    “At Curator, our objective is to support our distinct member properties with solutions that help them optimize operations and drive revenue,” said Brent Hayhurst, Vice President of Program Development for Curator Hotel & Resort Collection.
  • “With the Toast for Hotel Restaurants platform, leading hospitality groups like Curator Hotel & Resort Collection can streamline their operations and focus on providing top-notch service and memorable experiences,” said Dan Bell, Group Vice President, Hotels at Toast.

Dave & Buster’s International Cements Its Presence in the APAC Region

Retrieved on: 
Tuesday, April 16, 2024
Family, Entertainment, Retail, Consumer, Restaurant, Bar, General Entertainment, Food, Beverage, Dave & Buster's, Sport, Multimedia, Filipino, Partnership, F&B, International development

Dave & Buster's Entertainment, Inc., the ultimate destination for food, drink and entertainment is delighted to announce its latest franchise agreement furthering the brands development in APAC.

Key Points: 
  • Dave & Buster's Entertainment, Inc., the ultimate destination for food, drink and entertainment is delighted to announce its latest franchise agreement furthering the brands development in APAC.
  • Dave & Buster’s has finalized a deal to open five new stores in the Philippines, raising the international development store count to 38.
  • Dave & Buster's is also excited to offer localized entertainment and late-night programming for customers and introduce immersive experiences to enhance customer engagement in the competitive socializing space.
  • With these initiatives, Dave & Buster's is confident they will provide an exceptional experience to their global customers.

Mattson Expands to Chicago with the Acquisition of Hyde Park Group

Retrieved on: 
Monday, April 15, 2024
Software, Restaurant, Bar, Professional Services, Entrepreneur, Consumer, Start-Up, Technology, Food, Beverage, Artificial Intelligence, Retail, Marketing, Communications, Food Tech, Chain, F&B, HPG, Ideation, Artificial intelligence, San Francisco Bay Area, Michelin, B2B, Principal, Acquisition, Multimedia, Drink, Public key certificate, CPG, Industrial design

For 46 years Mattson has developed innovative food and beverage products for a wide range of clients from venture-backed entrepreneurs to global corporations, generating billions of dollars of sales.

Key Points: 
  • For 46 years Mattson has developed innovative food and beverage products for a wide range of clients from venture-backed entrepreneurs to global corporations, generating billions of dollars of sales.
  • With the strategic acquisition of Chicago-based Hyde Park Group Food Innovation (HPG), Mattson will acquire their Chicago location, as well as the expertise of their seasoned team of innovators who will continue to run the Chicago operation.
  • “We see tremendous opportunity in this acquisition,” said Justin Shimek, CEO of Mattson.
  • “We’re excited to collaborate with the entire Chicago food and business community to help enhance Chicago’s reputation as a center of technology and food development.

Related Group and GTIS Partners Unveil Viceroy Brickell, Launch Sales for Standalone Branded Residences in Miami’s Most Coveted Address

Retrieved on: 
Thursday, April 11, 2024
Interior Design, Architecture, Residential Building & Real Estate, Construction & Property, Urban Planning, Relaxation, Wine, Sports complex, F&B, Investment, Commerce, Heart, City, Collection, Related, Culture, Privacy, Brickell Avenue, Humidor, Multimedia, Miami River, Name, Travel, The Related Companies

This has led to the area being recognized as one of the best places to live in Miami.

Key Points: 
  • This has led to the area being recognized as one of the best places to live in Miami.
  • “At Related Group, we've been privileged to witness and contribute to this community’s prominence firsthand.
  • The sales launch also marks a major milestone for Viceroy, which was acquired by principals of international hospitality investment and management company Highgate in 2023.
  • Fortune International Realty is the exclusive sales agency for Viceroy Brickell.

JET Hospitality Adds Two Wyoming Locations, Launches Boutique Hotel Brand, and Sponsors $5MM Syndicated Growth Fund

Retrieved on: 
Monday, April 22, 2024
Interstate Highway System, Hospitality, Lincoln Highway, Sale, Robustness, Coffeehouse, F&B, Park Motel, The, I-80, Scott (surname), Medicine, Good People, EV, Acquisition, Accreditation, JET, Lincoln, Coffee, Growth, Hotel

The company has acquired two Wyoming classics—The Historic Virginian Hotel in Medicine Bow, and the Park Motel in Powell.

Key Points: 
  • The company has acquired two Wyoming classics—The Historic Virginian Hotel in Medicine Bow, and the Park Motel in Powell.
  • In support of bolstering growth, JET Hospitality is sponsoring JET Growth Fund LLC, a $5MM syndicated real estate fund available to Accredited Investors that will invest in new acquisitions and supporting infill development at existing locations across the Rocky Mountain Northwest.
  • JET Hospitality is proud to carry on the 100+ years of ownership legacy passed on from the Scott Family," states JET Hospitality CEO, Jesse Baker.
  • In addition to these new acquisitions and brand launch, JET Hospitality is thrilled to announce its sponsorship of JET Growth Fund LLC, a $5MM REG D(c) Capital Raise.

Booming the Business in HoReCa: HOTELEX 2024 Concludes with Resounding Success.

Retrieved on: 
Friday, April 19, 2024
Ecosystem, F&B, Exhibition, Palate, History, Cooking, Growth

SHANGHAI, April 19, 2024 /PRNewswire/ -- HOTELEX has over 31 years history and experience of organizing exhibition in HoReCa industry.

Key Points: 
  • SHANGHAI, April 19, 2024 /PRNewswire/ -- HOTELEX has over 31 years history and experience of organizing exhibition in HoReCa industry.
  • The 32nd Shanghai International Hospitality Equipment & Foodservice Expo known as HOTELEX Shanghai 2024, part of Tourism Plus Shanghai 2024, recently concluded in Shanghai on 30th March with significant achievements and commendations from industry participants.
  • HOTELEX Shanghai 2024 set a new record by attracting over 100,000 visitors on its opening day.
  • With the 2024 expo wrapped up, our anticipation has already building for HOTELEX Shanghai 2025.

Booming the Business in HoReCa: HOTELEX 2024 Concludes with Resounding Success.

Retrieved on: 
Friday, April 19, 2024
Ecosystem, F&B, Exhibition, Palate, History, Cooking, Growth

SHANGHAI, April 19, 2024 /PRNewswire/ -- HOTELEX has over 31 years history and experience of organizing exhibition in HoReCa industry.

Key Points: 
  • SHANGHAI, April 19, 2024 /PRNewswire/ -- HOTELEX has over 31 years history and experience of organizing exhibition in HoReCa industry.
  • The 32nd Shanghai International Hospitality Equipment & Foodservice Expo known as HOTELEX Shanghai 2024, part of Tourism Plus Shanghai 2024, recently concluded in Shanghai on 30th March with significant achievements and commendations from industry participants.
  • HOTELEX Shanghai 2024 set a new record by attracting over 100,000 visitors on its opening day.
  • With the 2024 expo wrapped up, our anticipation has already building for HOTELEX Shanghai 2025.