Revenue Hub

SEPTEMBER 5, 2023

NB: This is an article from BEONx , one of our Expert Partners Effective management of room inventory can make or break a hotel’s reputation and bottom line. In this article, we’ll delve into the best practices that hotels can adopt to master the art of hotel room inventory management.

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Pricing Reservations Training Article 109

Revenue Hub

JUNE 20, 2024

NB: This is an article from Revinate Subscribe to our weekly newsletter and stay up to date Continuing to work with poorly integrated systems has a cost. Or maybe that data rolls up to a group account across properties, but again, can it be leveraged for the next stay? sometimes you need to get a little unorthodox.

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Reservations Special Events Communication Article 108

7 Shifts

OCTOBER 22, 2024

Collaborate with nearby businesses for events or promotions, and ask them to include a link to your website on their site. Another way to get local backlinks is from local news articles, food bloggers, or restaurant directories to boost your visibility in search results. Use it to share updates, special events, or new menu items.

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Book Marketing Reservations Blog 78

Revenue Hub

OCTOBER 28, 2022

NB: This is an article from Agilysys. In this case, if Jane is traveling with her husband and their children, she may be interested in paying more for connected rooms, activities that apply to different ages, special events, and ancillary services that apply to families. Read more articles from Agilysys.

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Special Events Book Information Reservations 97

Revenue Hub

AUGUST 22, 2023

NB: This is an article from Agilysis While revenue per available room (RevPAR) has been the most common metric to hotels in the past, today they are finding revenue per available guest (RevPAG) to be even more important. They are creating exceptional experiences for guests and ensuring zero disappointment – a crucial factor in hospitality.

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Special Events Book Information Reservations 96

Revenue Hub

JULY 11, 2023

NB: This is an article from Lybra , one of our Expert Partners Amid a sea of considerations, ranging from efficient staff management and impeccable property upkeep to top-tier customer service, revenue management emerges as a critical linchpin. This could involve dynamic pricing, special promotional offers, or targeted marketing campaigns.

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Pricing Book Article Events 75

The Restaurant Times

FEBRUARY 18, 2021

This article covers a list of things that restaurant owners must consider before opening a restaurant business in London. If your restaurant only serves vegan food or the food you serve accounts for less than 25% of the complete products sold, you do not need to get this approval. You Need A License For The Events.

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Events Special Events Accounting Presentation 98

7 Shifts

DECEMBER 8, 2020

This article will arm you with ideas for restaurant employee contests. Bigger suppliers like beverage distributors often have access to special events like concerts or sporting events. With an average cost of $3,500 when an employee leaves, it’s something restaurateurs can’t afford. for some of their favorites.

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Front of House Server Events Special Events 148

Revenue Hub

OCTOBER 28, 2022

NB: This is an article from RealTime Reservation. We all know the saying, “what gets measured gets done”, starting with charging the basics and identifying how these are posted, who is auditing, who is accountable, and how it is tracked. Read more articles from RealTime Reservation.

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Reservations Book Catering Special Events 96

7 Shifts

AUGUST 18, 2024

This means your personal assets, such as your home or savings account, could be at risk if the business fails. We'll cover all of this later in this article. Run Promotions: Happy Hour and Special Events Consider introducing happy hour where you offer drinks and meals for discounted prices.

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Customer Service Marketing Scheduling Special Events 148

The Restaurant Times

SEPTEMBER 16, 2021

There are ample business accounts on Instagram as of now looking for more opportunities and collaborations. . This article will highlight how you can leverage Instagram to ace restaurant marketing in the USA. The feeling of competitiveness triggered in your followers drives them to engage more and more in your account.

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Marketing Accounting Budgeting Special Events 52

The Restaurant Times

DECEMBER 3, 2021

Working within your budget’s limits is critical, as is developing an effective company plan that accounts for all employees, food, beverages, entertainment, maintenance, promotion, cleaning, and bills. Not only does an event like this attract the customers of other bars but also could help you gain popularity in the local space. .

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Events Accounting Special Events Maintenance 52

Les Roches

DECEMBER 27, 2023

In this article, we delve into the world of guest services, exploring what they are, their significance and how they differ from customer service in the hospitality industry. Catering to the needs of guests and ensuring their satisfaction is a fundamental aspect of running a successful hospitality business and achieving customer excellence.

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Guest Services Definition Customer Service Concierge 52

The Restaurant Times

MARCH 17, 2023

In this article, we mention 13 different restaurant marketing ideas – on-site, online, and offline – for driving traffic and increasing profits. Additionally, you can use holidays and other special occasions to encourage customers to visit your restaurant and celebrate. Host Special Events What lures patrons into a restaurant?

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Special Events Events Information Marketing 52

MBB Hospitality

NOVEMBER 15, 2023

This article explores effective strategies for controlling food costs while maximizing restaurant revenue. When engineering your menu, consider the contribution margin of each item—that is, the actual dollar amount each dish contributes to overhead after accounting for food costs.

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Training Pricing Portion Control POS Systems 52

SiteMinder

OCTOBER 15, 2023

Taking supply and demand into account, dynamic pricing allows for prices to fluctuate regularly so the hotel can maximise revenue. Dynamic rates, on the other hand, take all that information into account to give hoteliers the information they need to maximise revenue at all times.

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Pricing Definition Book Marketing 59

Synergy Suite

OCTOBER 12, 2023

In this article, we explore what gross profit margin is, how to calculate it, and how it is distinguished from other profitability metrics like net and operating margins. Gross profit margin is a fundamental financial metric that reveals the percentage of revenue left after accounting for the cost of goods sold (COGS).

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Portion Control Pricing Accounting Procurement 52

Synergy Suite

MAY 17, 2024

In the following article, we explore why strategic scheduling that can enhance employee satisfaction is a must, provide strategies for crafting an effective 24-hour shift schedule, and explain key associated benefits and challenges of the 24-hour shift schedule. The two main considerations relate to business and employee needs.

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Scheduling Accounting Communication Training 52

Les Roches

JULY 11, 2023

In this article, we’ll go over the main differences between customers and consumers and how this affects people working in hospitality careers. Special events such as weddings will usually have only a handful of customers but many consumers. Your consumers are the end users. However, customers tend to be led by consumers.

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Special Events Customer Service Marketing Catering 40

LimeTray

FEBRUARY 18, 2025

The following article covers popular POS loyalty programs, steps to implement them in your restaurant, and the benefits of integrating a customer loyalty restaurant POS system. monthly or annually) to receive ongoing benefits such as exclusive discounts, free items, or access to special events. billion U.S. dollars by 2028.

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POS Systems Events Special Events Marketing 52

Synergy Suite

JUNE 7, 2024

In this article, we will explore the concept of rotating weekend schedules for your restaurant or organization. During busier weekends (especially if there are special events locally), the establishment can ensure appropriate staffing levels while preserving the work-life balance of their employees.

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Scheduling Training Communication Special Events 52

7 Shifts

JUNE 16, 2024

Have a function room to cater to special events and occasions A great restaurant experience goes beyond serving good quality food—you should sell them memories and unique experiences, too. You might even be able to negotiate same-day deliveries or be prioritized once the freshly-picked ingredients are ready for selling.

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Marketing Catering Events Reservations 78

Modern Restaurant Management

JULY 6, 2023

Restaurants can request basic information like their phone number or allow customers to connect using their social media accounts, enabling data collection for segmentation purposes. Filling Seats and Measuring Success In this article, we've shown one main example to explain how you can fill up empty seats.

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Marketing Information Communication Reservations 180

The Restaurant Times

JANUARY 12, 2023

In this article, we talk more about a nightclub floor plan, its key requirements, and tools to help you create one. Designing a nightclub should take into account its most fundamental purposes, which include having fun, making new friends, and being entertained. Key Requirements for a Nightclub Floor Plan? Dining Area Floor Plan.

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Server Accounting Special Events Download 52

7 Shifts

OCTOBER 22, 2024

Host special events Special events like trivia nights, live music, or charity fundraisers help bring in foot traffic and create lasting memories, encouraging customers to return. Reach out and propose a collaboration, such as a sponsored post or a takeover of your restaurant's social media account.

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Marketing Events Special Events POS Systems 78