Administration Archives

INSURANCE BURDEN BENEFITING FROM PROACTIVE RISK MANAGEMENT

Leave a Comment / Administration, Business / Clyde Mooney

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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MAYBE SAMMY SPLITS WITH PUBLIC

Leave a Comment / Administration, Business / Clyde Mooney

The Adgemis Public sunder has taken another twist with operation partners The Maybe Group announcing today the immediate end of their tenure together. Award-winning cocktail bar Maybe Sammy and Randwick pizzeria Maybe Frank will return to The Maybe Group, led by co-founders Vince Lombardo and Stefano Catino. The operation of El Primo Sanchez in the

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BELEAGUERED BENDIGO: SIGN OF THE TIMES

Administration, Business / Clyde Mooney

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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SA HOSPITALITY FEELING THE BUDGET BITE

Administration, Business / Jane Louise

Small businesses in South Australia have accused the government of turning its back on them, after it failed to take steps in the latest state budget to adequately address their concerns. As seen at the troubled Carringbush in Victoria, the weight of rising costs coming from multiple directions means more businesses will be forced to

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MOMENTO RESTRUCTURE APPOINTS DAVID CLIFTON CEO

Administration, General administration / Clyde Mooney

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

Administration, Business / Jane Louise

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

Administration, Business, Industry / Clyde Mooney

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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POSITIVE RESULTS FOR Q2

Administration, Benchmarking / Clyde Mooney

An industry report for Q2 of FY24 shows positive signs for pubs, with growth in the right departments and stability in the right places. Hospitality services provider Quantaco issued its review of the second financial quarter, spanning October to December 2023, comparing results from a vast number of Australian businesses with those of the same

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PUBS ARE HOT TARGETS FOR CYBER CRIME

1 Comment / Administration, Business / Jane Louise

Cyber crime is a growing concern around the world, with malicious cyber activity a genuine risk to Australian businesses. By global standards, Australia is a wealthy country, making it a target for hackers. Australia is consistently ranked in the top ten countries at risk of ransomware attacks. Within that, the hospitality industry ranks among the

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LOVE TILLY GROUP BREAKS UP WITH PUBLIC

Administration, Business / Clyde Mooney

Turbulence continues for Jon Adgemis’ Public Hospitality group, with the Love Tilly Group calling no joy on their foodservice partnership. In April this year Fabbrica Pasta Bar opened within Public’s Exchange Hotel in Balmain, and has quickly gained acclaim and popularity. Love Tilly Group is best known for chic wine bar Love Tilly Devine in

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LANCER LIST TUMUT’S ROYAL

MELBOURNE METRO FINDING ‘MARKET-DEFYING’ RESULTS

BIG SPLASH AT ROYAL CROWN’S SCHOONER CHALLENGE

LIVINGTONE’S CAPTAIN COOK SALES TO WALKER

FLIGHT CLUB LIGHTS UP JULY

PUB’S HISTORY KEPT ALIVE WITH THEATRE RENOVATION

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