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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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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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No-Code Technology: The Key to Unlock the Future of Your Business

In hospitality, automation slashes time waste by 70%; in finance, it revolutionizes invoicing. No-code technology emerges as a beacon of hope, fostering resilience and adaptability. Platforms like Make.com and Zapier empower even non-technical staff to automate and innovate, freeing IT for strategic tasks.

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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.

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Unmasking Fraud: How Forensic Accounting Protects the Hospitality Industry

Withum

Forensic investigations in the hospitality industry are essential for identifying and preventing fraudulent activities. The hospitality industry is a prime target for fraudsters due to the high volume of transactions and personally identifiable information (PII). A total of 52 cases in the sector were recorded as part of the report.