With Food Prices Continuing to Soar, Hotel Operators Must Strategize to Safeguard Profitability
Inflation may finally start to cool, but the hospitality industry is still battling the rising cost of food. According to the Bureau of Labor Statistics, in January 2024, the food index increased 2.6% over the last year, with food prices rising 0.4% from December to January. Yet it’s not just rising food costs causing challenges […]