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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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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).

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How will Alcohol Duty Reform affect the hospitality industry?

Menzies

As of 1 August 2023, the government has implemented a new, ‘simpler system’ which is expected to have a significant impact on producers, consumers and the hospitality industry. Many in the industry have also called for further support and relief measures to help them recover from the financial impact of the COVID-19 pandemic.

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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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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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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. This turbulent landscape has necessitated innovative approaches to ensure the industry’s resilience and sustained success.