hospitality

Hospitality and Finance Sectors Lead February Job Growth
Hospitality and Finance Sectors Lead February Job Growth
March 08, 2023  |  Economy

Private employers added 242,000 jobs in February, led by the hospitality and finance sectors. Those industries saw growth of 83,000 and 62,000 jobs, respectively, while...

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Business-Focused Hotels Reportedly Have Difficulty Accessing Credit
Business-Focused Hotels Reportedly Have Difficulty Accessing Credit
March 06, 2023  |  Loans

Business-focused hotels that survived the pandemic shutdowns are now facing other challenges. Difficulty accessing credit is among the problems they are coping with today, The...

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Hospitality Sector Becomes America’s Fastest-Growing Employer
Hospitality Sector Becomes America’s Fastest-Growing Employer
March 05, 2023  |  Economy

At the outset of the COVID pandemic, America’s hospitality sector undertook a swath of layoffs. Now, the country’s bars, restaurants and hotels are among the...

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US Adds 517K Jobs in January, Far Outpacing 2022’s Average
US Adds 517K Jobs in January, Far Outpacing 2022’s Average
February 03, 2023  |  Economy

The U.S. added 517,000 jobs in January — far above 2022’s average monthly gain of 401,000. The additions were widely spread across several sectors, the...

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Small Businesses Outpace Corporates in Return to Traveling
Small Businesses Outpace Corporates in Return to Traveling
January 23, 2023  |  SMBs

Small- to medium-sized businesses (SMBs) have reportedly returned to traveling more quickly than corporates. The amount of money spent on business travel by SMBs has...

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Real-Time Tip Payouts Give Service Industry No-Cost Worker Shortage Fix
Real-Time Tip Payouts Give Service Industry No-Cost Worker Shortage Fix
January 23, 2023  |  Faster Payments

As sectors like hospitality and dining struggle with labor shortages, tipping offers a retention solution. In a conversation with PYMNTS, Brian Hassan, co-CEO of instant...

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Notch Raises $10M to Help Restaurants Go Digital
Notch Raises $10M to Help Restaurants Go Digital
January 19, 2023  |  Investments

Notch has raised $10 million in its efforts to help the hospitality sector go digital. The company, which makes software for the food service industry,...

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Guesty Adds GuestyPay Payments to Property Management System
Guesty Adds GuestyPay Payments to Property Management System
January 10, 2023  |  Digital Payments

Guesty has added a payment processing solution to its hospitality and property management operating system. The new GuestyPay is available to customers in the United...

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US Job Gains Slow to 223K in December Hitting 2-Year Low
US Job Gains Slow to 223K in December Hitting 2-Year Low
January 06, 2023  |  Economy

The U.S. economy added 223,000 non-farm jobs in December. This was ahead of consensus estimates but lower than the average monthly gain of 375,000 recorded...

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