Category Archives: Market

Nasdaq Crashes, Restaurants Scramble – How the Hospitality Industry Reacts to Stock Market Downturns

In times of economic uncertainty, the hospitality industry is affected by equity-market downturns that can create revenue-crushing reactions – hurting both consumers and operators alike. Looking back at the most recent recession, dining out dropped 8.8% in December 2007–June 2009, relative to pre-recession period levels. The severe, sustained market crashes coincided with marked contractions in […]

How 2025 Tariffs Are Reshaping the Hospitality Industry—What Operators Need to Know

New York Bookkeeping

After years of navigating shutdowns, shifting mandates, and rising costs, hospitality operators entered 2025 with cautious optimism. But just as a sense of stability was returning, a new challenge emerged: sweeping tariffs that are reshaping the financial landscape. Universal tariffs implemented since January are not just headline-grabbing discussions. They are significantly impacting the cost of […]

Global Brands Head to Dubai: Decoding the Middle East’s Magnetic Attraction 

Bookkeeping Services in Dubai

A global epicenter for innovation, luxury, and growth, Dubai has seen a 9 percent increase in global visitors in 2024. On its way to becoming the world’s most-visited city in 2025, the emirate continues to attract leading hospitality brands –– from IHG Hotels & Resorts to acclaimed restaurants like Nobu, Carobone, and Zuma’s plans for […]

From Game Day to Date Night: Major Sports Events and Holidays Deliver Big Tickets for the QSR Restaurant Industry

Restaurant Financial Management

There are two types of restaurant promotions: the kind that fizzles out like a broken tap line and the type that drives customers through the door and increases ticket spending. The difference? Strategy. For fast-casual restaurants, big-ticket sporting events like the Super Bowl and March Madness are as much about strategic planning as the food. […]

2024: A Year of Triumph for UAE’s Hospitality Sector

Bookkeeping Services in Dubai

The year 2024 was a milestone for the UAE’s hospitality sector, solidifying its status as a global powerhouse in tourism and hospitality. From the vibrant energy of Quick Service Restaurants (QSRs) to the sophistication of fine dining, and from opulent luxury hotels to charming mid-scale accommodations, the industry experienced a remarkable resurgence. Here’s a closer […]