Revenue Hub

JULY 12, 2024

Strategic distribution means hotels can minimise the impact of seasonal fluctuations while accessing real-time market data to inform pricing strategies swiftly, ensuring competitive advantage.

Book 62

Book Pricing Article Budgeting 62

EATER

JUNE 21, 2024

What you need to know about the state of the reservations systems today Tock is changing hands yet again: The reservations system founded by restaurateur Nick Kokonas in 2014 has been acquired by American Express for $400 million, the financial services company announced today.

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Reservations Book Pricing Marketing 75

SiteMinder

JUNE 11, 2024

Founded in 2014, the group quickly expanded to the four locations it holds today, which are all in close proximity to transport, entertainment, restaurants and bars. On top of that, it enhances our revenue management through dynamic pricing, optimising room rates based on demand, season, and events,” she continued. “It

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Book Pricing Events Marketing 98

Hotel Business

DECEMBER 8, 2022

has completed the sale of the 112-room Holiday Inn Express & Suites Bluffton @ Hilton Head Area in Bluffton, SC, to Trishul Hospitality for an undisclosed price. Banyan Investment Group (BIG), a hotel investment company that acquires and asset manages hotels in the U.S., The transaction generated a 24% IRR and a 3.3x equity multiple. “We

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Presentation Pricing Marketing 105

Modern Restaurant Management

JUNE 22, 2022

In 2014, Snyder and Russ Bernard, purchased Beal’s from Mary Beal, the widow of the third-generation owner Sam Beal. Food prices are rising all over, how can you manage with a high-ticket item such as lobster? We go out of our way to explain to guests the seafood and lobster pricing. Guests have been very understanding.

Pricing 189

Pricing Customer Service Presentation Magazine 189

EATER

NOVEMBER 1, 2024

It also helped popularize “ cold foam ,” or lightly whipped and sweetened cream , in 2014, which has since become a staple of many coffee drinkers’ lattes. So far, announced changes are on the smaller scale: Starbucks has said that it won’t raise prices in 2025. Starbucks was the first major U.S.

Pricing 127

Pricing 127

EATER

APRIL 29, 2024

The company behind it explains the science and pricing of premium ice. According to Gordon Bellaver, who’s been a partner at Penny Pound since 2014, “That’s been the biggest hurdle: trying to explain and I guess, in a way, to justify the difference in product and the difference in price as well.” One gallon of raw milk? $20.

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Pricing Demo 133

Larry Mogelonsky

FEBRUARY 12, 2024

At this point, we could lecture on about Veblen goods , Giffen goods , the rise of the leisure class and other elements of behavioral economics that contribute to a hotel’s pricing strategy, perhaps it’s better to explain our point via an example. Namely, we are wine nuts, so let’s start there.

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Pricing Reservations Budgeting Catering 100

Revenue Hub

NOVEMBER 2, 2023

The brainchild of two ex-Expedia executives, Hopper was first imagined in 2007, but was only launched in 2014, as its key differentiator – the price prediction algorithm that helps users find the very best flight and accommodation deals – took quite some time to develop.

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Download Book Presentation Article 93

EATER

JULY 17, 2024

At least, that’s how I’ve felt while grocery shopping as inflation shoots the prices of my onetime staples into the stratosphere. Here are some of our go-to’s for when cooking is the last thing you want to do. Kirkland Signature Pepperoni Pizza Everything is so goddamn expensive. The mere premise of getting four — that’s right, four!

Pricing 116

Pricing Training 116

EATER

OCTOBER 24, 2023

But workers are increasingly pushing back on having to go to offices, in no small part because that $15 price tag hits different in whatever our economy is up to now. So naturally, bowl restaurants are expanding their offerings in an attempt to make sad desk lunch an anytime food.

Pricing 95

Pricing Marketing 95

Modern Restaurant Management

JANUARY 8, 2024

This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits. location debuted in Midtown Atlanta in 2014 and the brand has since opened 11 other locations around metro Atlanta. The first gusto!

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Pricing Catering Training Marketing 215

Serviced Apartments

JULY 3, 2023

May was a very good month for extended-stay hotels overall as all three price segments bettered respective classes of the total hotel industry,” said Mark Skinner, partner at The Highland Group. The economy and mid-price segments saw their strongest supply gains in 17 and 19 months, respectively. However, it exceeded the 4.5

Pricing 40

Pricing 40

EATER

JUNE 16, 2022

Pre-pandemic menu price: $15. From the time Parachute opened in 2014, the bing bread was an instant staple and a default starter for tables to share, but the food cost of $5.67 They increased the bing’s price to $20, but despite the $5 jump, Kim and Clark didn’t see dramatically increased profits. Profit: $0.63 (4.2

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Server Pricing Back of House Training 110

eZee Absolute

AUGUST 27, 2024

On one occasion, they even missed a crucial opportunity to adjust pricing during a peak season, leading to lost revenue that could have been easily captured with the right tools in place. This data-driven approach enabled Hotel The Saneer to make informed decisions, optimize their pricing strategies, and maximize revenue.

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Reservations Guest Services Housekeeping Pricing 52

SiteMinder

AUGUST 22, 2023

Table of contents Suffering from unreliable channel management options In 2014, Sri Phala Resort & Villa became the first property in The Phala Group to use SiteMinder to maximise their online distribution. “Regarding the pricing issues we were facing, the SiteMinder team offered several alternatives.”

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Book Budgeting Property Management Pricing 98

Restaurant Engine

AUGUST 18, 2020

Although a small price to pay to keep people safe, it is a hefty cost for businesses with famously thin profit margins. The Peterson family started Yo’ Mama’s in 2014. ” This is the unfortunate circumstance for many restaurants. Peterson said that online orders have become a welcome respite.

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Back of House Reservations Training Pricing 85

EATER

MARCH 7, 2023

percent for food prices last summer — the largest increase since 1981. Shoppers are told the full price of the food and given the opportunity to pay 25, 50, 75, or 100 percent of that price for a maximum of $30 off their total purchase. We have seen a large increase in prices for everything that we use on the farm.

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Marketing Pricing Budgeting Definition 103

EATER

SEPTEMBER 21, 2022

In 2014, the star teamed up with legendary Napa winemaker Pahlmeyer for his own label, called Wade Cellars , which has earned accolades from industry publications like Wine Enthusiast for its wine line-up, which includes cabernet sauvignon, chenin blanc, and rosé. You can get so many great wines at so many different price points.

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Definition Pricing 103

Revenue Hub

OCTOBER 18, 2022

Compare hospitality with the airline industry: Between 2014 and 2019, airlines grew their yearly ancillary revenue from $28.5bn to $64.8bn. Historically, hotels have dramatically underutilized ancillary revenues and underestimated their ability to improve their bottom line.

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Presentation Pricing Accounting Article 86

Revenue Hub

MAY 24, 2023

While the scandal really started in 2014 when Cambridge Analytica harvested the data of millions of Facebook users without their consent, using a third-party app called “This Is Your Digital Life.” While the $1 billion acquisition price was seen as high at the time, it has proven to be a wise investment for Facebook.

Marketing 84

Marketing Article Pricing Book 84

EATER

SEPTEMBER 26, 2023

After inking the franchise agreement, Meurs flew to Erbil in 2014 to collaborate with Martani on constructing the restaurant — only to hurriedly evacuate when ISIS’s lightning takeover of northern Iraq advanced within 25 miles of Erbil. And the upfront pricing still appeals to people trying to uphold traditional dynamics around hospitality.

Pricing 137

Pricing Budgeting Presentation Marketing 137

The Restaurant Times

JANUARY 11, 2021

NYC.PIE was founded by Mr. Raj Rao, an F&B veteran in August of 2014. NYC.PIE too was launched as a brick-and-mortar brand but with the high real estate prices and overhead costs, the pizza brand adopted a cloud kitchen model.

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Marketing Maintenance Pricing 81

Revenue Hub

NOVEMBER 23, 2022

This 2014 (but still very relevant) article by Doug Kennedy of the Kennedy Training Network offers excellent advice about how to quote pricing effectively, including tips for handling rate objections. If they object to the price, reiterating the value of what’s included (parking, Wi-Fi, breakfast, etc.)

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Book Reservations Article Property Management 79

The Restaurant Times

JULY 16, 2021

Having identified a growing demand for quality food at reasonable prices in the home delivery segment, KLC developed virtual restaurants to satisfy the online market demand. They set up a burger concept in 2014, which saw a massive interest from customers making it a transition period.

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Kitchen Operations Document Marketing Pricing 98

EATER

SEPTEMBER 30, 2020

A key component of gentrification, which distinguishes it from revitalization, is the demographic shift that happens when newer, more expensive development attracts wealthier newcomers, often young professionals, who then price out the community’s original residents. By 2014, a Starbucks arrived. By 2013, there were 13.

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Pricing Catering Accounting Information 145

Modern Restaurant Management

JULY 24, 2020

A number of companies currently market gunfire detection systems, with varying prices and capabilities. Data from “The Police Response to Active Shooter Incidents” from Washington DC Police Executive Research Forum, March 2014.

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Document Information Events Server 122

SiteMinder

DECEMBER 20, 2023

Established in Berlin in 2014, Smoobu was a way for its founders – who were hosts themselves – to fix the inadequacies that they saw in other tools. Comprehensive reporting shows exactly where bookings are coming from, and pricing trend information gives you a head start on competitors. So which is best? Let’s take a closer look.

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Book Demo Property Management Pricing 59

EATER

JUNE 4, 2020

But ultimately, said the Douglases, “It’s a window, not a life,” and the damage, covered by the store’s insurance, is a “small price to pay” for the U.S. The act of looting is not violence, not in the same conceivable definition that murdering a Black man is, as Vicky Osterweil wrote for the New Inquiry in 2014, amid the Ferguson protests. “[H]ow

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Document Definition Pricing 97

Restaurant Engine

JUNE 26, 2024

In 2014, they opened a dynamic, modern even space called Le Bernardin Privé and the Aldo Sohm Wine Bar. Finally, their prices are reasonable for fine dining. Amazingly, The New York Times gave Le Bernardin four stars just three months after it opened, and the trend has continued for decades.

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Marketing Scheduling Presentation Article 52

7 Shifts

JULY 29, 2021

Kaldi's has been with 7shifts since our founding year in 2014, one of our earliest adopters of the restaurant scheduling tools. Announcements in the Team Communication App may let the team know when there's a new coffee release, if there are any pricing menu changes and more. Louis and even into Atlanta, Georgia.

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Scheduling Communication Training Special Events 148

EATER

AUGUST 29, 2024

Its reasonable prices for the neighborhood earned Besa and Dorotan loyal fans, both Filipino and non. It received an update in 2014 but is now out of print.) “That resonated with us: We were the Cinderella of Asian food,” Besa says.

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Book Document Presentation Pricing 131

EATER

SEPTEMBER 30, 2024

Take the fried chicken and gravy recipe in Sean Brock’s 2014 cookbook, Heritage. And with the price of groceries these days, that sort of streamlining is definitely worth it. And then, a beat later, I wonder if maybe there’s a reason the recipe is so convoluted. Should I try it just to be sure?

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Demo Definition Reservations Pricing 97

Hotel Business

AUGUST 15, 2023

New in this year’s BTI are also data and analysis from GBTA’s comprehensive survey of 4,700 business travelers across five global regions, representing insights from employee travelers regarding their business travel preferences, behaviors and spending including what they report as their average price of a business trip now.

Accounting 52

Accounting Pricing Marketing Book 52

EATER

NOVEMBER 3, 2020

But restaurants are perfectly capable of using menus, setting, and price points to demonstrate how special they are without firm dress codes. In 2014, he recalls going to a reggae night at the Eighteenth Street Lounge in Washington, D.C. “I Twitter user Jared B.

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Reservations Pricing 140

EATER

JANUARY 21, 2021

Seamless and Grubhub merged in 2014, the same year Uber launched UberEats. Postmates joined them by raising prices between $.50 In the early 2000s, websites and eventually apps began to replace paper delivery menus. Seamless was founded in 1999, Grubhub in 2004, Postmates in 2011, and DoorDash in 2012.

Marketing 131

Marketing Pricing Magazine 131

EATER

MAY 18, 2022

In 2014, the cup that really took my obsession to the next level arrived. Customization is definitely top-of-mind for all of us, and because our tumblers are at a higher price point, we want to make sure that this is a product that people can adapt to be multi-purpose and multi-use in a way that’s beneficial for their lives.”.

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Definition Presentation Marketing Pricing 95