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Moore Kingston Smith Reports August Revenue Decline in Hospitality Sector Due to Seasonal Travel Trends

🏩 August's Hospitality Sector Index by Moore Kingston Smith indicates a dual reality. Trading softened as consumers opted for overseas travel and domestic tourism, rather than traditional hospitality spending. Revenue dropped month-on-month across all major sectors, aligning with a seasonal trend typical of the peak summer holiday period. This reflects a shift in discretionary spending habits impacting the hospitality industry.

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The most expensive word in venue software is “also”

This article was written by Thynk. Click here to read the original article Twenty-five years in this industry, and there’s one slide I’ve seen in almost every vendor deck, including a few I’ve presented myself. It’s the architecture diagram: a ring of modules around a central hub. CRM, enquiries, space bookings, orders, staffing, reporting, and sitting on that ring, just like all the…

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