Remove Accounting Remove Catering Remove Special Events
article thumbnail

Hotel Revenue Management for Small Hotels [Free-Ebook]

Hotelogix

Static pricing involves setting fixed rates based on seasons or days of the week, which does not account for changing market conditions. Dynamic pricing, on the other hand, adjusts rates in real-time based on current market data, including demand, supply, competitor rates, and special events.

Pricing 130
article thumbnail

The Ultimate Guide to Local Restaurant Marketing 2025

7 Shifts

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Understand Today’s Guest and Capture Revenue Beyond Rooms

Revenue Hub

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.

article thumbnail

How To Create a Fair Holiday Work Schedule For Restaurants

7 Shifts

If sales don't differ too much from the rest of the year, your restaurant might not need much extra consideration for staffing outside special events. However, if your restaurant is a desired venue for holiday events, your staffing may need to be adjusted depending on their size, nature, and frequency. Send to the Team.

article thumbnail

Understand your Guest and Capture Revenue Beyond the Room

Revenue Hub

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.

article thumbnail

Identifying Ancillary Revenues and Driving Additional Revenues

Revenue Hub

Ask the team if this space could generate revenues by offering food & beverage delivery such as picnic baskets or special occasion dinners, celebrations outside of catering, identifying communal workspace, or promoting outside guest passes to the local community.

article thumbnail

Exploring the world of guest services: from definitions to job descriptions

Les Roches

Catering to the needs of guests and ensuring their satisfaction is a fundamental aspect of running a successful hospitality business and achieving customer excellence. Introduction In today’s service-oriented world, exceptional guest services are essential. They may also help customers with membership sign-ups and renewals.