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Dedicated to industry updates as well project information browse the articles below click the links to see more. This page is a culmination of current events, reposts, partner’s contribution, and new content from Twenty Twenty Lifestyle Group with a bit of added self-aggrandizement!
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6 TRENDS REDEFINING HOTEL F&B
Hotel food and beverage trends historically haven’t been on the cutting edge. For the most part, they’re still not forecasting trends so much as they are responding to them. The rise of healthier options certainly isn’t a surprise, considering “natural” and “fresh” have been the most bankable words in food for quite some time now. And with urbanization leading to an increased number of food ATMs and automats in major cities around the globe, “on-the-go” options have been booming in other segments long before they made their way to hotel lobbies. Still, some industry players are making moves away from the traditional sub-par in-room or on-site dining experience — taking a page out the traditional restaurant industry in an attempt to woo guests and locals alike.
It’s hard to separate a hotel from its food and beverage offerings. In fact, a 2014 Hotels.com survey found that guests count food (complimentary breakfast and on-site restaurant) among the top two amenities when selecting a hotel. So it’s perhaps unsurprising, then, that F&B sales at U.S. hotel restaurants continue to climb year after year. ​
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Burger King owner to buy Popeyes fried chicken for $1.8B
Nathan Bomey , USA TODAYPublished 8:58 a.m. ET Feb. 21, 2017 | Updated 4:01 p.m. ET Feb. 21, 2017
The company that owns Burger King added to its fast-food empire with a deal to acquire fried chicken chain Popeyes for $1.8 billion.
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Restaurant Brands International, which owns Burger King and coffee-shop chain Tim Hortons, said Tuesday that it had agreed to purchase the rapidly expanding company formally known as Popeyes Louisiana Kitchen for $79 per share. The deal reflects a 27% premium on the 30-day average of the company's share price.
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Popeyes has more than 2,600 locations, about double what it had in 2008. Some 97% are owned by franchisees.
Restaurant Brands said it would seek to "continue developing the brand at an increasing pace" in the U.S. and foreign markets.
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Now based in Atlanta, the 45-year-old Popeyes was founded by entrepreneur Al Copeland in New Orleans. The company is known for its Southern-inspired menu, featuring fried chicken and seafood. But the acquisition comes amid slowing sales growth for Popeyes after several years of expansion.
THE WHISKY EXCHANGE’S TOP SPIRITS TRENDS FOR 2017
16th September, 2016 by Kristiane Sherry
Insights released by London-based spirits retailer The Whisky Exchange suggest the low-/no- alcohol trend will persist long into 2017, with Brexit also set to shape the sector.
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Sukhinder Singh, co-founder of The Whisky Exchange (TWE) and Dawn Davies, head buyer at Speciality Drinks, TWE’s parent company, presented their spirits forecast for 2017 at a media event held last night (15 September).
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In addition to health-related trends, Singh and Davies also predict a greater acceptance and understanding of low- and no-age statements in whisky, in addition to a growing consumer interest in the country of Iceland.
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The impact of Brexit and subsequent currency fluctuations could also provide a boost for domestic spirits producers, they said.
BUILDING A SUCCESSFUL GLOBAL BEER BRAND
2 April, 2012 by Gabriel Stone
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Kos Apostolatos, David Atkinson and Joseph Poore from management consultancy firm Marakon examine the successes and failures of global brand building in beer, market dynamics and best practices across the FMCG sector.
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Freddy Heineken, the grandson of Heineken founder Gerard Heineken, started his career with the family company in 1942 and became Chairman of the Board in 1971. Freddy was an eccentric man and a noted salesman who fell in love with American advertising and marketing. He was extremely focused on consumers, very hands-on and rightly credited with the creation of the Heineken brand “personality.”
The Making of Butter A Passion For Culinary Arts
2016 Food Trends
Global Food Forums has again compiled a list of top trend lists on food, beverage and nutritional product trends for 2016. Many list items directly related to our events, which are the Clean Label Conference, Protein Trends & Technologies Seminar, and Sweetener Systems Trends & Technologies Conference.
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To date, we’ve included information from the following sources (and included the country of their headquarters). Thrillist (USA), Whole Foods (USA), Today’s Dietitian magazine (USA),Food Technology magazine (USA), McCormick & Company, Hartman Group (USA), Comax (USA), Innova Market Insights (Netherlands), Technomic (USA), National Restaurant Association (USA), , Mintel (UK and USA based) and FoodBev (UK). Click through to see the complete predictions.
Lawrence Ho takes control of Melco Crown Entertainment
Thu, May 5th, 2016 By Claire The iGaming Post
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James Packer and his company Crown Resorts have sold some 155 million shares in the joint venture with Macau based casino company Melco Crown Entertainment (MCE) to partner Lawrence Ho.
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The sale reaping some $800 million for Crown now makes Lawrence Ho and Melco International the biggest single shareholder in MCE and the controlling partner. The move is understood to help Crown pay off an unexpected tax bill of $362 million back in Australia and also help in raising funding for Crowns casino resort development in Las Vegas which is having problems raising the funding required.
Macau: Louis XIII Hotel now just named “The 13″
2 Tue, May 3rd, 2016 By Stff Writer The iGaming Post
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The much anticipated opening of The Louis XIII Hotel in Macau will now not happen as the owners have now switched names of the luxury hotel to just “The 13” and the owning company name will switch from originally called Louis XIII Holdings Ltd to the shorter 13 Holdings Ltd it was announced to the Hong Kong Stock Exchange where they are listed.
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Many observers believed that the luxury hotel which is said to cost $7 million a room to build with a total spend of $1.4 billion was to have a casino, however currently the owners have now down played this opportunity in recent announcements and have so far not asked any of the current concession holders of gaming tables to partner up to be allowed to have gambling, so it looks most likely to open later this year without a gambling area.
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