Revenue Hub
JANUARY 17, 2024
Surging ADR: Noteworthy Escalation in Average Daily Room Rates Average daily rate per room values, known as ADR, experienced a greater global growth in the last 3 years than in the last two decades prior to COVID-19 pandemic, resulting in the highest hotel prices since records began (Figure 1). Evolution of hotel room price from 2002 to 2023.
Modern Restaurant Management
MARCH 12, 2024
To reduce menu confusion and minimize price sensitivity, Ori’Zaba’s Scratch Mexican Grill recently rolled-out a rengineered and easier-to-read menu. The Ori’Zaba team told Modern Restaurant Management (MRM) magazine they watched people walk in and have a physical reaction to the three pricing tiers. Double Your Meat!”
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SiteMinder
JANUARY 14, 2025
Travelport GDSs history began in 2001, when the company was formed by Cendant Corporation after it acquired Galileo GDS and CheapTickets. This ensures real-time updates on room availability, pricing and bookings across all channels, helping hotels maximise revenue and minimise double bookings. What is the history of Travelport GDS?
Modern Restaurant Management
FEBRUARY 23, 2021
” He would never take them for granted with short-sighted decisions like cutting portions and raising prices, however tempting that solution may be. My wife and I founded Rib & Chop House in Livingston, Montana, in 2001, just months prior to the heartbreaking events of 9/11.
Boutique Hotelier
JANUARY 12, 2023
Restaurants at all price levels are listed: from street food vendors to fine-dining haunts, with 2,800 restaurants listed in total. Both were a core part of the team that launched Restaurant Andrew Fairlie in 2001. The 32nd edition of the guide is based on 30,000 reports from a survey of 3,000 diners.
Hotel Owner
DECEMBER 18, 2024
According to the Office for National Statistics, the main drivers behind the rise were fuel and clothing, where prices rose this year but fell a year ago. According to the ONS data, prices of clothing and footwear rose by 2% in November, up from 1% the previous month. Meanwhile, the average price of petrol rose by 0.8p
EATER
DECEMBER 8, 2023
That price tag might seem extreme, but it’s perhaps justified given the amount of work that went into the bottle’s creation. I think people who know about Kikkoman would say it is a very good industrial product, made to a price,” Booth says. As he told the Japan Times in 2001, “Design to me has always meant making people happy.”
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