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Starting a New Hotel: From Groundwork to Guestbook

Hotelogix

From selecting the right location to managing construction and hiring staff, the pre-opening phase is about laying the groundwork. Integrate Your Rates and Inventory : Managing multiple OTA platforms manually can quickly become overwhelming, leading to errors like double bookings or inconsistent pricing.

Book 130
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‘Being Adaptable and Responsive to Changes in the Industry Landscape Is Key’

Modern Restaurant Management

Joe Gale has more than 30 years of sales, operations and account management experience, including 20 years with Coca-Cola North America Foodservice where he worked closely with numerous QSR and fast casual brands. In a franchise system, you can also leverage better pricing as part of the whole system compared to operating a single location.

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How Sous Vide Can Help Recession-Proof Restaurants

Modern Restaurant Management

Using sous vide can also help restaurants to lock in prices for future events, banquets, or menu offerings. This offers a chance for businesses to take future inflationary price increases out of the equation. Efficient Method. Sous vide prepared foods can be purchased far in advance, setting a fixed cost for food supplies.

Pricing 189
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How Restaurant Franchises Are Growing Through Rising Inflation

Modern Restaurant Management

These tools allow franchise restaurants to maintain focus on the guest experience and to build upon brand recognition through developing innovative technology and strategically utilizing loyalty programs to keep consumer interest high, even as prices rise. Of course, raising product prices rarely results in a positive outcome.

Pricing 188
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UK hotel market recovery exceeds expectations in FY22

Hotel Owner

Despite international visitor arrivals remaining lower than pre-pandemic, the ability to drive rates within a high inflationary environment saw ADR surge 22% ahead of 2019 prices. Over 30,000 new rooms have opened in the UK since the start of 2020, with regional UK accounting for 70% of this new supply.

Marketing 105
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Hotel revenue management strategies and solutions

SiteMinder

Hotel revenue management is the strategic distribution and pricing tactics used to sell perishable room inventory to the right guests at the right time in order to boost revenue growth. Optimal strategies and techniques are dynamic, based on the understanding that hotel pricing is fluid and can change from one day to the next.

Pricing 98
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The Stages of Gentrification, as Told by Restaurant Openings

EATER

The construction of the University of Illinois campus in the neighboring Near West Side community between 1960 and 1965 pushed longtime Mexican residents into Pilsen, transforming the largely Czech and Eastern European immigrant neighborhood into a predominantly Mexican community by 1970. and 1 is indicative of a strong correlation.

Pricing 145