Between sustained closure and limited capacity regulations, COVID-19 restrictions hit overall retailer, restaurant, and hotel revenue. Plus, implementing safe standards amidst the COVID-19 pandemic required increased product spend – ultimately impacting profit. The good news is, between more control over COVID-19 and pent up consumer demand, business is back. And after more than a year of drastically dipping revenues, retailers and, […]
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As Hospitality Employees Shift to Other Industries, Hotels Respond with Shift to Automation
Consumer travel confidence and activity continues to rise and it’s a positive sign for hotels world-wide. Over the past month, the hospitality industry witnessed an increase in weekday travel. STR reports that weekday room demand remains above 21. This demand increased by 16% on average over the recent four-week period. Hospitality-related market segments continue to progress into recovery or […]
Rebounds & Re-openings Slated for Hospitality Globally
As we begin March 2021, we cross over a year of COVID-19 affecting hotels. The upcoming months are fraught with a mix of questions and answers. Still, there’s hope on the horizon for hospitality. Numerous positive signs point towards a recovery in the coming months. This despite the unknowns and challenges ahead. In the United States, most hotels […]
Accounting Automation Facilitates Easy Transition to New 2021 Tip/Gratuity Allocation Regulations
The United States Department of Labor (DOL) recently amended tip and gratuity distribution regulations. These tip and gratuity regulations begin next month. The new tipping regulations narrow the pay gap between front-of-house workers and back-of-house workers. The regulations broaden tip and gratuity distribution to back-of-house workers. Such workers include dishwashers, cooks, and similar. Workers who are not normally tipped directly by […]
How Hospitality Benefits from Tip and Gratuity Automation: A Property’s Perspective
HOST: Hi and welcome to another episode of Automated Back Office Briefings, I’m your host, Claire Kenney, Evention Marketing Communications Manager. I am so excited about our guests today and I am so excited about our topic. Each year, hotels world-wide lose millions of dollars to manual tip and gratuity distribution. Much of this loss stems […]
Wall Street Journal Highlights Evention’s Remote Work Strategy
In a recent article about effective work-from-home strategies, The Wall Street Journal highlighted Evention’s approach to remote work. Principled by innovation, collaboration, and balance, these traditional workplace fundamentals allowed Evention to effectively transition to an increased remote environment. Prior to the pandemic, Evention afforded our Eventioneers opportunities to work from home as needed. This promoted work/life balance. As a result, the team […]