Remove 2013 Remove Marketing Remove Training
article thumbnail

How Cognitive Biases Impact Hotel Revenue Management

Revenue Hub

In hotel revenue management, this can occur if managers set room rates based on initial figures without adjusting for changes in demand or market conditions. In revenue management, managers might focus on data that confirms their existing beliefs about pricing strategies or market trends, ignoring contradictory evidence.

article thumbnail

TRAVEL BY ANY MEANS

Mary Gostelow

Owen Hardy is what you call a rail raver rather then a ‘train spotter’. Back to trains. Owen Hardy and his wife and daughter publish annual lists of the best trains in the world. Initially there will be six trains, each formed of 12 re-conditioned heritage cars carrying a total 62 passengers. And so on….

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Pandemic Effects on Funding, Growth and People – Plus Predictions for 2024

Modern Restaurant Management

It will continue to be a rapidly evolving area for growth for players who understand the game, but like all investments, will likely be subject to market conditions. In 2013, the average turnover rate was 62.4%. In 2022, the average tenure for an employee in food service was about 1.9 – Lissa Bowen

article thumbnail

Golden Collection Hotels partners with SiteMinder to boost revenue by 30%

SiteMinder

My passion for luxury hospitality started in 2013. Its diverse rate plans, exclusive offers and flexible cancellation policies ensure there’s always something on offer for every market segment. We spoke to Christopher Ramirez , CEO and Managing Director about the mission and his experience with SiteMinder’s platform. “My

article thumbnail

Hotels are offering Silicon Valley perks to address staffing shortages

Hotel Business

Here are some of the innovative strategies that hotels are successfully using to attract and retain their employees in this incredibly challenging market: Sign-on bonuses: Taking a play out of the finance and consulting playbook, many hospitality companies have begun offering sign-on bonuses to attract new staff. and Canada.

article thumbnail

7 Women F&B Leaders That are Driving Positive Change Across The World

The Restaurant Times

With more than 40 restaurants throughout the Middle East, the sister duo plans to expand into the US market and are currently looking for opportunities to capitalize on the healthy eating trend by opening 200 locations across the US. . She is responsible for the strategy around accelerating Taco Bell’s global growth in key markets.

article thumbnail

Your guide to Fine Food Australia 2024

Hospitality Magazine

Check out the award winning Flexeserve Zone, a hot food display like no other on the market. RDM Pizza – HG32 Since its inception in 2016, RDM Pizza has been building on its Italian–Australian heritage to become a market leader in authentic pizza products. Want to take advantage of the growing food-to-go category? meris.com.au

Demo 130