Remove 2019 Remove Accounting Remove Communication
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MRM Research Roundup: Mid-December 2019 Edition

Modern Restaurant Management

While restaurant sales were lower for November of 2018, November of 2019 did not include the same holiday headwinds. Second, the shift of Thanksgiving into December of 2019 converts from tailwind to headwind this month. percent from 2018 to 2019, sales for the whole weekend only increased about four percent. First, at 2.1

Events 128
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[Guide] Restaurant Management Tips & Tactics: 2019 Field Guide

7 Shifts

Accounting and finances: Manage budgets and track food and labor costs. Build a culture of communication. Because many issues in the kitchen arise from poor communication, create systems that encourage it. Start by establishing clear procedures for communication when working in the kitchen.

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‘Bring the Dining Room Experience to the Windows’

Modern Restaurant Management

Joining Mood in 2018, he currently oversees the QSR team, focused on North America Account Management efforts. Simply put, the experience should look, feel, smell, and sound differently from their last visit in 2019. Businesses should be asking themselves, 'What do I want to communicate and what is my strategy behind the message?’

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Event review: Recovery strategies at Deloitte conference

Boutique Hotel News

When my colleague George Sell attended the in-person event in 2019, sustainability had dominated the agenda. On the consumer front, Stewart also highlighted that the top 50 per cent of households account for almost 70 per cent of all spending, inferring that high income individuals are in a strong position to sustain the market. .

Events 162
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How Restaurant Owners Can Prepare for the COVID-19 Cold Weather Lull

Modern Restaurant Management

It’s a good time to make sure you’re accounting for potential effects of the pandemic as you create next year’s budget. In fact, the industry had a turnover rate of 75 percent in 2019 and this trend was aggravated in 2020 by the pandemic. Hire the Right People.

Budgeting 230
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OTAs or Hotel Direct Bookings: How to Optimize for ROI

Revenue Hub

While hotels’ reliance on OTA bookings has remained relatively flat since 2019, hotel direct bookings have increased 55% – an 8-point increase from 2019. In addition, they appreciate the ability to communicate directly with a hotel, getting reassurance that their personal needs and preferences are being taken into account.

Book 104
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JLL: Global hotel investment volume to accelerate in ’24

Hotel Business

Though 2023 proved to be a challenging year for commercial real estate, marked by geopolitical tensions and capital market dislocation, the lodging industry demonstrated resilience, with RevPAR achieving a full recovery and surpassing 2019 levels by 12%.