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HOSPITALITY & LEISURE SECTOR CHALLENGES

Menzies

Hospitality & Leisure has arguably been the most severely hit sector over the last few years, and although the sector is showing signs of recovery, trading conditions remain challenging with high costs and ongoing labour shortages. Menzies LLP - A leading chartered accountancy firm.

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Lena Combs Inducted into the International Society of Hospitality Consultants

Withum

Withum is thrilled to share that Lena Combs, Partner and Practice Leader of Withum’s Hospitality Services Practice, has been inducted into the International Society of Hospitality Consultants (ISHC). ISHC is the leading source of global hospitality expertise. Read the entire list of ISHC inductees.

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Overcoming challenges in the hospitality sector with ESG

Menzies

In 2023, the hospitality sector grappled with a myriad of challenges, from staff shortages and rising costs to economic uncertainty and changing customer expectations. Rising costs: Businesses in the hospitality sector are confronted with mounting costs for food, energy, and labour. Menzies LLP - A leading chartered accountancy firm.

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Autumn Budget: Hospitality & Leisure Wishlist

Menzies

Despite gradual signs of recovery, the UK hospitality and leisure sector grapples with an array of challenges in 2023, including escalating costs, disruptions in supply chains, and persistent labour shortages. Hospitality VAT Rate: The second crucial plea is for a comprehensive review and reform of the VAT rate governing hospitality services.

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AI’s Rapidly Evolving Landscape and Its Impact on the Hospitality Industry

Withum

Learn More What Is the Place of AI in the Hospitality Industry? Hospitality businesses are complex. Contact Us For more information on this topic, please contact a member of Withum’s Hospitality Services Team. They often operate in moving parts with large staffs and multiple integrated technologies and systems.

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Hospitality & Leisure: Spring Budget 2024 Predictions & Wish list

Menzies

As we approach the Spring Budget on 6 March 2024, the UK Hospitality and Leisure sector faces ongoing challenges. UK Hospitality advocates for a 3% cap on business rates increases which would support cash flow and encourage investment. Menzies LLP - A leading chartered accountancy firm.

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New Proposed Cybersecurity Regulations for Hospitals Throughout New York State

Withum

On November 13, 2023, New York Governor Kathy Hochul announced the release of statewide proposed cybersecurity regulations for hospitals. Establish policies and procedures for evaluating, assessing, and testing the security of externally developed applications used by the hospital.