Production, New Orders, and Employment Contracting; Supplier Deliveries Slowing at Slower Rate; Backlog Contracting; Raw Materials Inventories Growing; Customers' Inventories Too Low; Prices Decreasing; Exports and Imports Contracting TEMPE, Ariz.
PALM BEACH GARDENS, Fla. Recovery Outlook Chelsey opened the discussion with each panelist giving an overview of their fundamental outlook on the potential for a recovery in lodging. "This is my fourth downturn in the hotel industry and this time actually IS different," stated Deborah, with Kathy reminding the group that this shock is both an economic downturn and a "national health emergency."
CONSHOHOCKEN, Pa., May 26, 2020 Zuppler, a global software and services company focused on empowering solutions for the food services industry, today launched Menu Anywhere On-Premise Contactless Ordering on the Zuppler "Menu Anywhere" Platform, offering an on-premises contactless ordering solution for the $900 billion US food service industry. With applications for restaurants, hotels, hospit...
NEW YORK, May 26, 2020 The increasing popularity of online gambling is attributed to several factors, such as advancements in the field of digital marketing, wider availability of modern technology as well as easy-to-use systems. The most significant boost to the sports betting segment is attributed to the usage of smartphones, which allow bettors to bet at anytime and anywhere.
NEW YORK, May 19, 2020 Travel Solutions USA, a hospitality industry platform pioneered by leaders in the travel space, has announced the launch of the Global Travel Intelligence Briefing, a data resource designed to provide hospitality businesses with the resources to navigate their companies through the COVID-19 pandemic.
PARSIPPANY, N.J., May 19, 2020 Wyndham Hotels & Resorts (WH) - the world's largest hotel franchising company with approximately 9,300 hotels across 90 countries - continues forging ahead with new-construction growth, opening 11 newly built hotels across the U.S. in the first quarter and breaking ground on a number of hotels in its new-construction pipeline.
PHOENIX, May 14, 2020 Windy City Equipment, a provider of HVAC, Refrigeration, and Kitchen Equipment repair, has decided to give back to the restaurant community by extending free service to their customers & any other restaurants that need help getting back on their feet. "This industry has allowed me, my family, and my team the opportunity to succeed.
TEMPE, Ariz. After more than 10 years of expansion, the U.S. economy contracted last month, as documented by the April 2020 Manufacturing and Non-Manufacturing ISM Report On Business®, released at the beginning of May. This unexpected contraction is attributed to the ongoing response to the COVID-19 pandemic.
PURCHASE, N.Y., May 12, 2020 Building on the company's more than $50 million commitment for COVID-19 relief, PepsiCo Foodservice is announcing four new programs aimed at supporting restaurants and their workers who have been hard hit by the crisis.
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