Business 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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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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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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INDUSTRY INSIGHTS REPORT FY23

Administration, Business / Clyde Mooney

Quantaco has released its Industry Insights report for FY23, offering analysis and key metrics for the industry across sales, gaming, and wages. Comparing benchmarks of FY22 with FY23, the report offers an overview of key hospitality trends, including a review of sales trends, valuations and yields, insurance and risk – particularly ISR and liability insurance,

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HOW TO DETECT COUNTERFEIT BANKNOTES

Administration, Business / Clyde Mooney

Increased detection of fraudulent money has prompted government to issue a warning to venues handling cash, to protect against financial losses and minimise criminal influence. Counterfeit notes are a serious issue where use of banknotes is prevalent, particularly for hotels with gaming, including wagering, Keno and lotteries products. The Victorian Gambling and Casino Control Commission

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Business

INSURANCE BURDEN BENEFITING FROM PROACTIVE RISK MANAGEMENT

MAYBE SAMMY SPLITS WITH PUBLIC

BELEAGUERED BENDIGO: SIGN OF THE TIMES

SA HOSPITALITY FEELING THE BUDGET BITE

WHY HOSPITALITY SHOULD CARE ABOUT ARTIFICIAL INTELLIGENCE

SHOULD HOSPITALITY CARE ABOUT ARTIFICIAL INTELLIGENCE

PUBS ARE HOT TARGETS FOR CYBER CRIME

LOVE TILLY GROUP BREAKS UP WITH PUBLIC

INDUSTRY INSIGHTS REPORT FY23

HOW TO DETECT COUNTERFEIT BANKNOTES

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