Industry Outlook 2019-2020: Hospitality & Restaurant

Hotel and restaurant remodeling and upgrades have been in full swing since 2017. However, costs are rising for supplies, advertising and personnel, with some leaders reporting a 5 percent average impact on wage costs to keep key employees. They say that employees may jump to another hospitality competitor or leave the industry entirely for better-perceived[ … ]

Industry Outlook 2018: Hospitality & Restaurant

The 2018 Arizona CFO Spotlight Survey attracted respondents from a number of industries in Phoenix and Tucson. We will highlight the hospitality & restaurant segment here in terms of growth, risk factors, strengths and trends. Survey respondents in the hospitality and restaurant industry are among the smallest group of participants in the 2018 Survey; they[ … ]