USA

Hospitality experts warn that without swift intervention, more hotels will be forced to close their doors, leading to widespread job losses and further damage to New York City’s travel economy.

Comparable restaurant revenues also rose by 3.1%, climbing from US$378.6 million in Q1 2024 to US$385.8 million in Q1 2025.

The hospitality industry, particularly hotels and restaurants, has been closely watching the outcome of these tariff disputes. Industry analysts and operators have previously reported that the tariffs imposed under the Trump administration significantly increased operational costs and disrupted supply chains for hotels and foodservice businesses.

This 24/7 robot-operated kitchen will serve made-to-order pizzas for travelers, utilizing advanced robotics and AI-powered technology to automate the entire pizza-making process.

Al Dente is equipped with a suite of automation features, including auto-seasoning, precise cooking control, and forthcoming ingredient-loading automation.

These moves underscore Park’s commitment to portfolio optimization by focusing on core assets with higher growth potential.

Both executives assume their roles with immediate effect, signaling a strategic move to accelerate the company’s growth and innovation in the evolving corporate foodservice market.

The lawsuit claims that Krispy Kreme failed to disclose critical information regarding declining demand, lack of profitability, and the subsequent pause in rolling out its products to new McDonald’s locations.

At the heart of AHLA’s agenda is a call to reform the H-2B visa program, which many hotels rely on to fill seasonal and temporary labor shortages, especially in resort destinations.

This latest funding round, backed by prominent investors including NEA, Accel, and Google Ventures, brings the company’s total funding to over US$2 billion and its valuation to more than US$7 billion.