Administration

Q3 HOSPITALITY REPORT SHOWS STRONG GROWTH

Hospitality in Australia has shown resilience in the wake of ongoing financial challenges, recording comparative overall growth of 10 per cent in FY25 Q3, according to an industry update by Quantaco. The latest Hospitality Insights Report provides operators a measure of dynamic industry benchmarks, trends and opportunities. Revealing significant growth across all major revenue streams, […]

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ATO HELPING SMALL BUSINESSES TO STAY ON TRACK

Each year the Australian Taxation Office (ATO) updates a set of financial benchmarks aimed at helping small business owners assess the state of their business. The benchmarks cover one hundred industries including clubs and pubs, serving more than two million small businesses nationwide. Updates for this year have now been released. These benchmarks serve as

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INSURANCE BURDEN BENEFITING FROM PROACTIVE RISK MANAGEMENT

The years since the pandemic have been some of the toughest on record for insurance markets, particularly in hospitality, and rising economic pressures have forced greater attention on managing the cost of insurance. GSA’s Charles Galayini says providers are responding to operators with a greater focus on ongoing operational exposures, which provides an opportunity for

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BELEAGUERED BENDIGO: SIGN OF THE TIMES

Hospitality operators are feeling the pinch like never before, seeing insolvencies surpassing pre-COVID levels and climbing, and more publicans giving up the game claiming post-pandemic burn out. After its record lockdowns, Victorians were dealt another blow with the cancellation of the state hosting the Commonwealth Games, due in 2026. The lawn bowls component was set

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MOMENTO RESTRUCTURE APPOINTS DAVID CLIFTON CEO

Eyeing its increasingly complex future, the Colosimo family’s Momento Hospitality has announced the appointment of David Clifton as its new chief executive officer, effective from 3 June. Momento has expanded to become a leading force in Australian hospitality, and it continues to grow in both complexity and reach. The Group will soon welcome the addition

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WHY HOSPITALITY SHOULD CARE ABOUT ARTIFICIAL INTELLIGENCE

Our previous story on artificial intelligence’s role in hospitality looked at the benefits and challenges of using AI, including training, ethics and standards. This article focuses on the importance of governance and strategies, policies and regulations and how these will affect the hospitality industry in Australia. As AI systems advance, it’s crucial that they remain

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SHOULD HOSPITALITY CARE ABOUT ARTIFICIAL INTELLIGENCE

The World Travel and Tourism Council (WTTC) recently published research on artificial intelligence and possible considerations for the hospitality industry. Artificial Intelligence (AI) is the process where computer programs learn, reason, and apply logic to tackle problems. AI is instrumental in understanding data and simulating cognitive functions, relying on both data and algorithms (a set

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