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Norway’s Maaemo announces Sydney pop-up at Berowra Waters

Hospitality Magazine

Boyle joined the Maeemo team in 2011 and saw the venue be the first Nordic restaurant to be awarded three Michelin stars along Danish Geranium in 2016. The two-day pop-up will host a lunch and dinner service across both days, with a ten-course menu priced at $400 per person, with matching wines an additional $200 per person.

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Five Ways to Increase Sales at Your Restaurant this Valentine’s Day

Modern Restaurant Management

On Valentine’s Day, restaurants fill up quickly with reservations from couples eager to spend a romantic night together. In fact, before COVID in 2016, both single people and couples spent a total of 35 million dollars on Valentine’s day experiences.

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German Hotel Revenue Managers Look to Cash in on Euro 2024

Revenue Hub

Our deep dive into the data reveals that there is plenty of positive potential across these cities, with hotels making the most of the demand and pushing up pricing on match days. STRs are seeing a smaller bump of 16%, despite having higher on-the-books reservations during the tournament.

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A history lesson in revenue management and the top challenge facing today’s hotels

SiteMinder

Revenue managers, as a result, have been tasked with the critical role of delivering effective pricing and distribution strategies amid evolving trends and market demands, no matter the economic climate. A revenue manager who thinks they are indispensable because they can change pricing daily is a revenue manager living in the past.

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Loyalty Programs: Benefits, Liability and Costs

Revenue Hub

nights stayed per member in 2016, suggesting that the percentage of membership comprised of heavy users is declining as the programs have become more tied to credit cards and affiliate programs and less directly with just frequent travel. Royalty fees Marketing assessments Reservation fees Guest loyalty program fees From 2022 to 2023, the 17.0

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2023 hotel and travel trends

Boutique Hotel News

This means that during periods of high consumer price growth, hotels have been able to raise room rates and pass on these rising costs to guests. For example, whilst energy supply to the UK has not been largely affected, increases in gas prices has caused electricity prices to rise too.

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15 Restaurant Metrics to Know and How To Use Them

7 Shifts

Ideal menu price. Your CoGSs is an essential number to have when determining your menu prices, inventory and impacts your net profit margin. It also plays a key factor in pricing your menu. in 2016, compared to just 42% for the whole labor force. Total New Customers , from your reservation tracking system.

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