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MONTRÉAL, Oct. 3, 2018 /CNW Telbec/ - Tourisme Montréal today published the list of the 150 restaurants participating in the seventh edition of MTLàTABLE. From November 1 to 11, the participating restaurants will offer fixed-price dinner menus for $23, $33 or $43, while select restaurants will serve brunch for just $17.

Presented by Aeroplan, the culinary initiative offers the public a singular opportunity to discover the city's best restaurants and top chefs. Quebec ingredients will be featured once again this year, as local chefs find creative ways to pay tribute to the local growers and ingredients that set Montréal cuisine apart.

"MTLàTABLE is one of Montréal's biggest fall happenings. We're delighted to turn the spotlight onto local cuisine and showcase Quebec products on menus across the city. It's a great opportunity to discover outstanding restaurants and taste new things," said Yves Lalumière, President and CEO of Tourisme Montréal.

Get a taste of art from Quebec and across Canada
Select Montréal chefs were asked to create a dish inspired by an artwork featured in the Montreal Museum of Fine Arts' Quebec and Canadian Art Collection, and then to include the resulting creations in their MTLàTable menu. These unique creations promise to be a treat for the eyes and the taste buds!

Cacao Barry challenge                                                                               
Foodies will get the chance to satisfy their chocolate cravings at certain MTLàTABLE participating restaurants. Tourisme Montréal challenged select chefs to reinvent their recipes using this much-loved ingredient. Only good things can come of this!

For complete information or to reserve a table, go to www.mtlatable.com.

 
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Toronto, Canada - GestureTek Systems leaves the 2018 Hotel & Spa Tech Live Expo, in London England, on a high note, winning the Hotel Technology Innovation Award for Product of the Year, for its immersive gesture controlled displays for the Hotel and Hospitality industry. The Innovation Awards seek to celebrate the groundbreaking developments which are making waves at the very forefront of the hotel and hospitality sectors. Each finalist showcased their product or service to a panel of industry giants in front of a live audience. As show organizers stated the three-minute pitch session and awards ceremony was an "invaluable opportunity for [our] visitors to take their industry knowledge beyond the present and into the future, and gain that crucial upper hand in an increasingly competitive market!"

"GestureTek is happy to have won a number of awards in the past, but this is our first in the Hotel and Spa sector. To have been chosen by a panel of industry experts is such an honor for the entire GestureTek team and all the pioneering work we have done over the years," explained Vincent John Vincent.

GestureTek is the inventor, pioneer and industry leader of video gesture control technology. Their interactive gesture controlled displays project onto any surface; floors, walls, tables, windows or are displayed on LCD's and video walls. They offer various uses including digital signage, entertainment, education, and immersive experiential environments, to name a few. These highly engaging displays are also proven top attention grabbers for branding, and advertisement in public environments and retail, improving brand recall rates and guest experiences. They have also been used successfully across the sector for children's activity centers; as an example the Atlantis Kid's Adventures at Atlantis Paradise Island Bahamas.

The technology has also been applied to creating immersive interactive environments for lobbies and hallways to animate the space, including the 

W Hotel Atlanta and Marriott Marquis San Diego Marina. 

"For over 25 years at GestureTek, we have been creating digital signage installations and interactive content that take the technology to the next level, truly engaging consumers and visitors. We are very excited about the work we've been doing in the hospitality industry and look forward to the possibilities of new and groundbreaking applications in the sector." Vincent John Vincent, CEO of GestureTek

 
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While RevPAR and GOPPAR levels exceeded the previous annual low recorded at hotels in the U.S. back in January, failure to drive non-rooms revenue on the back of high occupancy levels drove TRevPAR down to an annual low, according to data tracking full-service hotels from HotStats.

Overall, August will be noted as another positive month of performance for hotels in the U.S. with year-on-year growth recorded across all top-line revenues, including rooms (up 2.5 percent), food & beverage (up 5.3 percent) and conference & banqueting (up 7.3 percent) on a per-available-room basis.

And as a result of the upward movement across all revenue departments, TRevPAR at hotels in the U.S. increased by 3.6 percent. 

In addition, and despite a 0.5 percentage-point increase in labor to 38.1 percent of total revenue, profit per room at hotels in the U.S. increased by 4.5 percent, to $74.99.

However, August is a unique month of performance, as the shift in demand dynamics means that hotels in the U.S. have to alter strategy to maintain performance levels.

This includes driving occupancy, which was at 78.5 percent in August, only slightly below the year-to-date figure at 78.7 percent. 

In contrast, at $190.60 this month, achieved average room rate was almost $18 below the average in the eight months to August 2018 at $207.96.

Furthermore, and despite the premium room occupancy levels, non-rooms revenue levels at hotels in the U.S. in August came in at $77.07, well below year-to-date average of $96.25.

This was primarily due to the significantly lower contribution from the F&B department at $58.32 per available room, compared to $76.95 for year-to-date 2018.

As a result of the lower contribution from non-rooms revenue this month, TRevPAR at hotels in the U.S. was at its lowest level in 2018, at $226.75, behind the previous low recorded in January at $232.20. 

Profit & Loss Key Performance Indicators – U.S. (in USD)

August 2018 v August 2017

RevPAR: +2.5% to $149.68 

TRevPAR: +3.6% to $226.75

Payroll: +0.5 pts to 38.1%

GOPPAR: +4.5% to $74.99

“Capturing volume in August never seems to be an issue for hotels in the U.S. as demand levels soar, fueled by domestic and international travel patterns. However, with a higher proportion of demand from leisure sources, the ability to drive premium average room rates is challenged,” said Pablo Alonso, CEO of HotStats.

“Furthermore, the resistance to rate is reflected in the overall leisure consumer spend. While this does not suggest that the overall spend for leisure visitors is less than commercial visitors, it does suggest that spend on accommodation is not the priority and much of this ancillary expenditure takes place outside of the hotel in local restaurants, bars and at tourist attractions.”

In contrast to the performance of hotels in the U.S. overall, properties in Los Angeles performed well in the month of August, led by a peak in the number of passengers handled at Los Angeles International Airport (LAX).

This is further illustrated by profit per room recorded at hotels in Los Angeles in August reaching $91.57. While this is slightly off the peak in June 2018, at $102.12, it is above the year-to-date figure of $91.27.

The robust performance at hotels in Los Angeles this month was led by premium room-occupancy levels, which hit 90.4 percent, a high this year, and a 1.1 percentage points increase on the same period in 2017.

However, the growth in room occupancy was not sufficient to offset the drop in rate, which fell by 1.9 percent to $209.06 and contributed to the 0.7 percent drop in RevPAR to $188.94.

Furthermore, with demand in August led by the leisure segment, the contribution from non-rooms revenue departments at hotels in Los Angeles fell to just 25.5 percent of total revenue, compared to the year-to-date contribution of 30.7 percent.

Despite this, robust year-on-year growth in non-rooms revenue, which included a 5.4-percent increase in F&B on a per-available-room basis, fueled a 1.2 percent increase in TRevPAR to $253.79.

Yet, GOPPAR levels fell as hotels in Los Angeles continue to suffer the impact of rising costs, which this month were led by the 1.1 percentage-point lift in labor to 36.1 percent of total revenue, a likely product of ongoing increases in the state minimum wage.

Profit & Loss Key Performance Indicators – Los Angeles (in USD)

August 2018 v August 2017

RevPAR: -0.7% to $188.94

TRevPAR: +1.2% to $253.79

Payroll: +1.1 pts to 36.1%

GOPPAR: -1.8% to $91.57

GOPPAR growth at hotels in Los Angeles has stalled some since the positive increase in 2016 (up 10.7 percent), with a decline of 2.0 percent recorded in 2017, and the challenges being faced in 2018 resulting in a year-to-date drop of 0.8 percent.

“Visitor numbers to Los Angeles have been strong in recent years, hitting 48.3 million visitors in 2017, an increase of almost 10 million from the 38.5 million recorded in 2010,” said Alonso.

“However, this does not seem to have directly translated into hotel performance, which may be due to recent increases in Los Angeles’ inventory.”

Properties in Denver also performed well in August, recording a 5.7 percent year-on-year uplift in profit per room to $87.73, which was second only to the GOPPAR recorded in June at $91.60, illustrating the strength of demand in the Colorado capital during the summer months.

The bottom-line growth this month was driven by top-line increases, which include a 1.8 percent increase in rooms revenue in spite of a 2.3 percentage point drop in room occupancy, to 91 percent, as well as declines in non-rooms revenues.

Profit & Loss Key Performance Indicators – Denver (in USD)

August 2018 v August 2017

RevPAR: +1.8% to $154.14 

TRevPAR: +1.5% to $217.46

Payroll: -0.2 pts to 31.1%

GOPPAR: +5.7% to $87.73

Nevertheless, hotels in Denver successfully recorded a 1.5 percent increase in TRevPAR in August to $217.46. The increase in revenue was further supported by a 0.2 percentage point saving in labor costs, to 31.1 percent of total revenue, with profit conversion recorded at a heady 40.3 percent of total revenue.

 

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