WORLD NEWS
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PAR Technology launches PAR Catering, transforming restaurant catering with integrated workflow automation
PAR Catering offers live prep tracking and kitchen capacity monitoring to enhance accuracy and fulfill orders on time.
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MarginEdge integrates with Qu to provide real-time profitability insights for QSR, fast-casual restaurants
The collaboration allows operators and accountants to access MarginEdge’s 15-accounting-platform ecosystem, removing the need for alternative systems.
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Atlantis The Royal Maldives to open in 2029, redefining luxury hospitality with sustainability, innovation
Key leaders from Kerzner and Assets Group emphasized the resort’s innovation, cultural authenticity, and legacy vision, aiming to create remarkable, family-friendly luxury experiences that blend harmoniously with the natural surroundings.
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Full Tech launches new online platform to revolutionize food & beverage equipment procurement
Full Tech’s online platform offers a clean, user-friendly interface, enabling customers to instantly request quotes, complete payments, schedule deliveries, or report repairs, vastly reducing decision and delivery timelines.
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Yum! China drives growth with revenue increasing 4% to US$3.2B in Q3 2025
Joey Wat, Yum! China’s CEO, emphasized the company’s strategy of targeting both expansion and operational excellence.
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Wendy’s posts US$44.25M net income in Q3 2025 amid strategic changes
Wendy’s interim CEO Ken Cook highlighted the strength of the international segment and rollout of new menu items like chicken tenders that contributed to positive adjusted EBITDA growth.
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Burger King partners with CPE in US$350M joint venture to expand China presence
This capital infusion underpins an ambitious plan to expand Burger King’s outlet count from approximately 1,250 restaurants in late 2025 to over 4,000 by 2035, aiming to effectively double the estate within the next five years.
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China extends visa exemption for Saudi citizens until end of 2026, strengthening tourism, travel ties
Bilateral tourism volumes have surged dramatically, with Saudi visitors to China increasing by over 40% annually between 2022 and 2025.
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McDonald’s Q3 2025 earnings show steady 1% growth amid challenging market
The company reported global comparable sales growth of 3.6%, with gains seen across all operating segments.
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Global travel industry set to outpace global economy with US$16T boost by 2035 – WTM
The report cites factors such as emerging market growth, particularly in Asia Pacific, longer stays, and consumers prioritizing experiences over goods.