Revenue Hub

NOVEMBER 29, 2024

NB: This is an article from Demand Calendar Subscribe to our weekly newsletter and stay up to date This team typically comprises three key departments: Sales, Marketing, and Revenue Management. Read the full article at Demand Calendar The post Boost Hotel Performance Through Profit & Loss Mastery appeared first on Revenue Hub.

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Strategic Planning Document Article Marketing 109

Revenue Hub

FEBRUARY 18, 2025

NB: This is an article from Demand Calendar Subscribe to our weekly newsletter and stay up to date We explore why robust segmentation is essential for maximizing profitability, examine key segmentation criteria, and outline practical strategies to enhance data quality.

Travel and Tourism 91

Travel and Tourism Accounting Article Book 91

Revenue Hub

DECEMBER 9, 2024

NB: This is an article from Triptease Subscribe to our weekly newsletter and stay up to date It was our first chance to get a glance into the EU hospitality industrys reaction to the report and there was a definite sense of disappointment in Booking.coms limited changes. This came up via a few specific points raised during the workshop.

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Workshop Pricing Book Article 106

Revenue Hub

NOVEMBER 19, 2024

NB: This is an article from Demand Calendar Subscribe to our weekly newsletter and stay up to date These are some of the most common myths that keep hotels from harnessing the full power of their data. Some hoteliers believe that the reporting capabilities within these individual systems equate to a comprehensive BI solution.

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Guest Satisfaction Reservations Information Article 108

Revenue Hub

NOVEMBER 14, 2024

NB: This is an article from RoomPriceGenie , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date Here we make things easy for you. This helps create accountability, ensure consistency, and reduce errors. If you ask 10 hoteliers what revenue management is, you will probably get 10 different definitions.

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Pricing Scheduling Book Article 109

Revenue Hub

NOVEMBER 18, 2024

NB: This is an article from WebRezPro Subscribe to our weekly newsletter and stay up to date Intergenerational travel refers to multiple generations of a family- from boomer to baby – traveling together, and it’s going strong. Food festivals are your friend, expected to account for $560.3 billion of the 2027 food tourism market.

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Travel and Tourism Article Book Blog 103

Revenue Hub

JANUARY 27, 2025

NB: This is an article from Otelier Subscribe to our weekly newsletter and stay up to date Calculated by multiplying occupancy and ADR, RevPAR provides valuable insight into revenue generation during specific time periods. Todays advanced measurements take into account both operational costs and revenue streams beyond rooms.

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Accounting Book Article Information 102

Revenue Hub

NOVEMBER 21, 2024

NB: This is an article from Userguest , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date But for many hotels, it doesn’t work out that way. Read the full article at Userguest The post Hidden Costs of Paid Ads: Why Hotels Often See a Poor Return appeared first on Revenue Hub.

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Book Article Budgeting Marketing 107

Revenue Hub

MARCH 25, 2025

NB: This is an article from Demand Calendar Subscribe to our weekly newsletter and stay up to date This can confuse their teams and lead to missed opportunities to capture revenue at the right time. While data can refine insights, trying to account for every micro-variable can become a rabbit hole of endless analytics.

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Communication Article Accounting Pricing 104

Revenue Hub

JANUARY 24, 2025

NB: This is an article from Xotels Subscribe to our weekly newsletter and stay up to date Well, buckle up, because Im about to spill the beans on how to squeeze every last penny out of your hotel venture. Were talking about the kind of moves thatll have your competitors scratching their heads and your accountant doing a happy dance.

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Pricing Article Marketing Book 108

Restaurant Engine

DECEMBER 25, 2024

In this article, we look at how to tell your restaurants story through branding. What is your brand voice, the graphic style of your imagery and video , and the text on your menu, website, email marketing, and social media accounts? You want to make them feel like theyre part of something bigger. Why Tell a Story?

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Communication Customer Service Accounting Presentation 93

Revenue Hub

FEBRUARY 12, 2025

NB: This is an article from mirai , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date To do so, we will explore the concept of survivor bias, illustrated by a classic example from World War II: the Allied Army bombers.

Book 70

Book Accounting Article Pricing 70

Revenue Hub

MARCH 13, 2025

NB: This is an article from Hotellistat , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date These include analyzing existing processes, efficiently utilizing data, involving and training employees, and addressing data protection and transparency.

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Guest Satisfaction Training Article Accounting 65

Revenue Hub

FEBRUARY 21, 2025

Loyalty-based prepayment Reward customers who preload accounts with spa dollars by offering bonus credits or exclusive perks. Read the full article at Spa Executive, published by Book4Time The post 39 Recurring Revenue Ideas for Your Spa or Wellness Business appeared first on Revenue Hub.

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Modern Restaurant Management

JANUARY 20, 2025

Sysco, US Foods, and similar distributors have multiple revenue streams, but in this article, we’ll focus on one of their biggest sources of income: margins. Beverage companies like Pepsi and Coke are fiercely competitive when it comes to winning accounts. billion for yourself.

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Pricing Vendor Management Accounting Training 167

Revenue Hub

FEBRUARY 7, 2025

NB: This is an article from Travelboom Subscribe to our weekly newsletter and stay up to date Facebook offers four main ad types – Image, Video, Carousel, and Collection. Read the full article at Travelboom The post The Best Facebook Ads For Hotels appeared first on Revenue Hub. How Do I Advertise a Hotel on Facebook?

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Article Accounting Information Marketing 70

Modern Restaurant Management

MARCH 15, 2022

Restaurants are beginning to use this tool to account for the many steps that come before serving up a steamy plate of pasta or beefy burger. If you are not reading this article on Modern Restaurant Management , please reconsider your reading choices and visit the original source.

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Accounting Presentation Article Marketing 237

Modern Restaurant Management

FEBRUARY 16, 2022

You can't scroll news sites without seeing more articles about inflation, but was does it mean for restaurants? Modern Restaurant Management (MRM) magazine quizzed expert Kathryn Petralia, co-founder of Kabbage, an American Express Company, for her analysis on what restaurants owners need to understand about inflation.

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Pricing Accounting Article Magazine 207

Revenue Hub

AUGUST 13, 2024

NB: This is an article from Hotel Financial Coach Subscribe to our weekly newsletter and stay up to date It’s also pretty clear that most hoteliers don’t have an accounting background and knowing this fact prompts me to write this piece and hopefully clear up the picture for others. On top of that – I see this all the time.

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Accounting Article Book Training 109

Modern Restaurant Management

JULY 14, 2022

As I sat down to write this article, all I could think about was how the foodservice industry is so vital to our daily lives. Think of all the hours you spend counting inventory, placing orders, and managing your accounts payable. When we don’t want to cook, we call our favorite restaurant.

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Procurement Information Accounting Article 215

Revenue Hub

JULY 19, 2024

In fact, it may be the largest account your hotel can go after, particularly if you are a focused service property. Imagine what losing one of your top accounts would look like. Where can you find this low-lying fruit and how can you harvest it? yes, hundreds of thousands of dollars.

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Reservations Accounting Training Article 109

Revenue Hub

JANUARY 15, 2024

NB: This is an article from Hotel Financial Coach On the other hand, most hoteliers are at a loss to properly set up and manage the transactions so that they do not end up with a mess in their books and systems. Either way, the charge for breakfast finds its way back to the “food package account” and not the customer’s room account.

Accounting 109

Accounting Pricing Article Property Management 109

Modern Restaurant Management

APRIL 27, 2020

This article will answer the most common questions we have heard in our legal practice from restauranteurs. Should the loan payment be placed in the same bank account our restaurant uses now? If the PPP funds are in a separate account then the employer can precisely track the use of the funds. What is the PPP?

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Document Accounting Article Events 216

Revenue Hub

MAY 23, 2024

NB: This is an article from GuestEQ Subscribe to our weekly newsletter and stay up to date Here’s how these strategies can significantly uplift customer service scores. Improving Accountability: With a digital trail of communications and tasks, it becomes easier to hold staff accountable for their responsibilities.

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Customer Service Guest Satisfaction Housekeeping Communication 107

Hotelogix

FEBRUARY 4, 2024

In this article, we'll take a closer look at the critical work areas and features of hotel management software you need to know about. Accounting Managing your hotel's finances is essential, right? With hotel management software, you can streamline your accounting operations. 

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Housekeeping Maintenance Reservations Accounting 147

Revenue Hub

OCTOBER 8, 2024

Online Travel Agency (OTA) partnerships are an essential part of most hotels’ business mix, with OTA bookings sometimes accounting for half of all transient reservations. Improving Front Desk and Accounting Processes : Revenue recovery audits can reveal opportunities to enhance front desk and accounting reconciliation procedures.

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Reservations Accounting Book Article 106

Modern Restaurant Management

MARCH 9, 2022

Meal’s quality, freshness, and temperature are some one of the most critical factors consumer take into account while ordering food. Future Market Insights reported that containers and packaging products make up the majority of municipal waste, accounting for 82.2 Delivery of cold food leads to loss of customer.

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Accounting Presentation Marketing Blog 208

Revenue Hub

JULY 2, 2024

NB: This is an article from Knowland Subscribe to our weekly newsletter and stay up to date If your sales team responds to every RFP without prioritizing high-value leads, you could waste time and lose inbound business. Read the full article at Knowland The post Rethink Your Hotel RFP Process to Win More Bids appeared first on Revenue Hub.

Events 107

Events Accounting Pricing Article 107

Revenue Hub

MARCH 6, 2024

NB: This is an article from 3&6 , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date Summer last year the head of Instagram shared the first insight into how the various algorithms actually works. If they’re actively engaging with an account, Instagram knows. So let’s break it down.

Accounting 109

Accounting Information Article Marketing 109

Revenue Hub

APRIL 19, 2024

NB: This is an article from Tripleseat Subscribe to our weekly newsletter and stay up to date This technology’s primary goal is to centralize and streamline all customer data. You’ll be able to capture necessary information from leads to create robust contact and account profiles.

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Information Guest Satisfaction Catering Document 109

7 Shifts

APRIL 29, 2021

Applications open on Friday, April 30 at 9 AM EST. Here's what to prepare beforehand: Register for an account on restaurants.sba.gov. Legal and other matters referred to in this article are based on 7shifts' interpretation of laws existing at the time and should not be relied on in place of professional legal advice. How do I apply?

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Document Scheduling Information Article 148

Modern Restaurant Management

SEPTEMBER 9, 2022

This article will cover how implementing automation tools like IoT monitoring can save your business money, protect your inventory, and save time. Food waste also accounts for a third of overall restaurant expenses per year, weighing an average of 50,000 pounds per location. Inflation is promptly changing the behavior of everyone.

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Revenue Hub

MARCH 6, 2024

NB: This is an article from RateGain Subscribe to our weekly newsletter and stay up to date This rollout, expected to complete by April 30, aims to streamline your advertising efforts and ensure your budget is used effectively. Rollout Timeline: Completion across all Google Ads accounts by the end of April.

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Budgeting Accounting Article Marketing 109

Modern Restaurant Management

MARCH 16, 2022

Accounting for inflation, $1.00 This, combined with the unrealized WOTC credits, these two factors alone account for over $60,000 annually. I’ve previously written an article on my thoughts regarding those topics. in 2006 is equivalent to about $1.38 today, making the current cost roughly $8,092 per employee.

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Procurement Accounting Scheduling Reservations 215

Revenue Hub

JUNE 4, 2024

NB: This is an article from berner+becker , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date However, managing channels based on demand is rarely mentioned, although the commissions from online travel agencies (OTAs) have significantly increased for many hoteliers in recent years.

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Accounting Document Article Book 109

Revenue Hub

NOVEMBER 17, 2023

In our previous article, we shared insights and advice from global hospitality experts on how to make the 2024 hotel budget process as smooth and painless as possible. NB: This is an article from HotStats Subscribe to our weekly newsletter and stay up to date 1. That is absolutely critical.”

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Budgeting Article Strategic Planning Accounting 109

Hotelogix

FEBRUARY 17, 2025

This article explores the top 10+ distribution channels , the biggest travel industry trends , and strategies to drive direct bookings while reducing OTA commission fees. Direct bookings should account for at least 40% of revenue. With the hotel industry in the USA valued at $114.7 Diversification across multiple channels.

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Book Pricing Marketing Accounting 100