As is known, the hospitality industry took one of the biggest hits during the COVID-19 pandemic. Unfortunately, most businesses in this sector are still struggling to keep up due to various factors like changing marketing dynamics, rising competition, operational issues, labour shortage, etc. However, one of the biggest factors severely […]
Inflation
As business started picking up again after the pandemic, inflation and the cost of living crisis worsened, threatening more uncertainty for the hospitality industry. However, contrary to what may have been expected, inflation is not putting travellers off. Travel has become a bigger priority for some consumers than it was […]
And how you can stay profitable with RASI’s smart, agile, automated software applications Even in a “normal” business environment, running a restaurant and staying profitable is a tough task. Throw in skyrocketing inflation, and the margin for error is smaller than ever. While inflation impacts every business and every industry, […]
(Reuters) – European shares slipped from record highs on Wednesday as global investor mood soured on signs of increasing inflationary pressure, while travel stocks dropped on worries over the Delta variant’s spread in the continent. The pan-European STOXX 600 index fell 0.3% after hitting a record high in the previous […]