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PwC Consumer Sentiment Survey - Summer 2024

Hospitality Net

Favourable economic indicators, combined with the highest consumer sentiment in three years, could fuel a more positive finish to the year for some retailers. While there’s an intention for more spending, the majority of consumers are planning cutbacks. And how can retail and leisure operators prepare for the Golden Quarter?

Consumer 189
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Sunray Group and Town of Wasaga Announce Agreement on New Development

Hospitality Net

Sunray Group of Hotels and the Town of Wasaga Beach have announced a letter of intent on a new development in Wasaga Beach at 1st St. The project, set on 4 acres of land across from Beach Area One, is planned to include a full-service hotel with 120 to 150 units, restaurant, event spaces and retail. North and Beach Drive.

Intent 187
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Key appointments: Gurner, Kerzner, TFE Hotels

Hotel Management

Gurner Group hires former Crown Hotels CEO Gurner Group has appointed former Crown Sydney and Crown Hotels Chief Executive Officer, Peter Crinis, as Group Chief Operating Officer of Hospitality the latest of five major hires within the group from a stable of ex-Crown Resorts employees.

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What the latest wage increases mean for hotels

Hotel Management

Unlike for retail businesses, a 4.6% – 5.2% In fact, before the FWC ruling, many hospitality and retail industry bodies had called for a smaller increase, citing the impact on small businesses. of business owners expressed their intention not to operate their venues in the next 12 months.

Retail 130
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JLL: Global hotel investment volume to accelerate in ’24

Hotel Business

Cities that focus on intentional tourism and leverage technology will garner long-term investor interest, with foreign capital likely to be the most acquisitive in 2024. Hotels are integrating into various aspects of consumerism by selling retail products online, creating new revenue streams and fostering customer loyalty.

Consumer 126
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Deloitte: 2024 travel outlook sees continued resilience

Hotel Business

This is according to Deloitte’s 2024 Travel Outlook , which examines what is driving continued travel intent. Across seasons, Americans’ travel spending intentions have shown more resilience than other spend categories, such as retail or automotive. Travelers aren’t just looking to get there: they want to do things.

Travel 64
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Beemok Hospitality Collection forms design studio, Atelier Kim

Hotel Business

Atelier Kim’s design services will support all existing and future BHC legacy investments, capturing the intentionality and vision of the locally, independently owned and operated hospitality company.