Food and beverage expenses are on the rise, and it’s prompting hoteliers to rethink their strategies. An STR analysis published in LODGING found that heightened labor costs along with other F&B expenses cut into hotel profit margins in 2023. This reality has prompted operators to scale back some services and invest in new solutions, according to an October 2023 CBRE analysis for LODGING. Hoteliers are leveraging grab-and-go marketplaces and self-serve kiosks to serve up the […]

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