Modern Restaurant Management

JUNE 29, 2023

Opening and running a restaurant isn’t always budget friendly. Most commercial restaurant equipment can run a business around 10k – 200k. In most cases, repairs, and maintenance can start at $300 an hour not including the price of parts, delivery, and installation. This can be budget friendly if your equipment is relatively new.

Maintenance 88

Maintenance Budgeting Pricing 88

Revenue Hub

OCTOBER 16, 2024

Do thorough research to ensure a solution does what you need it to, will integrate seamlessly, is capable of scaling with your business, and doesn’t lock you in. Failing to consider total cost of ownership: Long-term costs like maintenance and support are often underestimated, which can seriously erode your profitability.

Maintenance 95

Maintenance Property Management Article Budgeting 95

InnQuest

SEPTEMBER 12, 2023

It encompasses tasks such as front office operations, housekeeping, food and beverage services, maintenance, sales, marketing and financial management. Maintenance: The maintenance department ensures that all hotel facilities and equipment are in good working condition.

Maintenance 220

Maintenance Guest Satisfaction POS Systems Housekeeping 220

SiteMinder

AUGUST 1, 2024

What is a hotel business plan? A hotel business plan is a comprehensive document that outlines your hotel’s goals, strategies, and financial projections. It’s a vital tool for any hotel owner or operator, whether you’re starting a new hotel, expanding an existing business, or improving your current operations.

Travel and Tourism 52

Travel and Tourism Competitive Analysis Pricing Budgeting 52

The Restaurant Times

JUNE 3, 2020

Proper financial planning gives your restaurant enough liquidity to establish a successful business. With the help of the strategies and tips mentioned in this article, a stable dark kitchen business can quickly reach operating break-even and generate profits. . Tips To Reach Break-even Quickly For Dark Kitchen Business.

Maintenance 88

Maintenance Accounting POS Systems Front of House 88

Modern Restaurant Management

JUNE 1, 2022

As the prices of construction materials skyrocket due to rising inflation and supply chain woes, budgeting for commercial development has become significantly more challenging. It isn’t just the higher price tags, but the difficulty of sticking to budget constraints over the life of a project. Starting with Finishes.

Budgeting 208

Budgeting Maintenance Pricing Back of House 208

Hotelogix

FEBRUARY 4, 2024

This powerful tool can streamline your operations, giving you more time to focus on other aspects of your business. Maintenance requests: If a guest reports a maintenance issue, you can create a maintenance request, assign it to a staff member, and track its progress. To be very precise - a cloud-based one.

Housekeeping 147

Housekeeping Maintenance Reservations Accounting 147

Hotel Owner

MAY 9, 2023

It said the four level “comprehensive” programme provides a clear pathway of development and career mapping for hotel and maintenance colleagues to progress from entry level roles through to manager level, showing that Travelodge is a place where you can get in and get on, irrespective of background or educational attainment.

Maintenance 102

Maintenance Procurement Customer Service Housekeeping 102

Hotel Business

MAY 16, 2024

is destined to transition from traditional vehicles and toward EVs (electric vehicles), creating new challenges and opportunities for hospitality businesses. So, it may be in the best interest of businesses to take decisive action that maximizes both affordability and profitability. By Dennis Carter Personal transportation in the U.S.

Budgeting 104

Budgeting Maintenance Business Development Presentation 104

SiteMinder

OCTOBER 11, 2022

From handling complaints and supervising staff to scheduling maintenance and managing budgets, this role oversees all aspects of hotel operations. Duties can include overseeing various departments, conducting health and safety audits, and managing budgets. Night duty manager. Human resources manager. IT manager. Spa manager.

Maintenance 72

Maintenance Concierge Front of House Budgeting 72

SiteMinder

DECEMBER 20, 2023

What is a hotel business? A hotel business is simply an establishment that offers guests a place to stay. No matter which definition you use, the ultimate goal of all hotel businesses is the same: to attract more guests, fill more rooms, and maximise the value of every booking. Here’s a basic list to get you started.

Book 59

Book Pricing Housekeeping Communication 59

The Restaurant Times

AUGUST 25, 2020

The food delivery business is prospering and gaining momentum in the restaurant industry. Observing the spike in food delivery business, the restaurant space has also witnessed a substantial increase in the number of cloud kitchens, also known as Dark Kitchen, Ghost Kitchen, Virtual Restaurant, or delivery-only restaurant.

Maintenance 98

Maintenance Kitchen Operations Budgeting Catering 98

Lithos POS

OCTOBER 18, 2023

Software like POS is used to simplify business operations and data stored in the cloud. It is also beneficial for providing a digital customer experience when interacting with customers in businesses like restaurants and retail. That means being able to manage the business remotely even when you’re not at the business location.

POS Systems 59

POS Systems Demo Training Pricing 59

Hotelogix

JULY 11, 2024

One major challenge is competing with bigger hotel chains with larger marketing and technology budgets. They also struggle with rising operating costs, including utilities, maintenance, and staffing. Additionally, independent hotel owners often find it difficult to access the same resources and budget that larger chains benefit from.

Pricing 130

Pricing Download Book Budgeting 130

Synergy Suite

FEBRUARY 21, 2023

The ideal POS system should align with the unique requirements of your restaurant business, ensuring seamless operations, enhanced customer experiences, and efficient management. Small or Independent Restaurants Small or independent restaurants often have limited budgets and fewer resources compared to larger establishments.

POS Systems 52

POS Systems Training Budgeting Reservations 52

Hotelogix

FEBRUARY 1, 2024

For small hotels operating on tight budgets, these expenses can be prohibitive. Time spent navigating a layer on imprecise software options, features, and settings takes up time that could be spent enhancing guest experiences or strategizing on business development. Moreover, the complexity of these systems can lead to inefficiencies.

Guest Satisfaction 130

Guest Satisfaction Training Budgeting Demo 130

Les Roches

JANUARY 19, 2024

Before embarking on a project in this competitive industry, it’s essential to create a solid business plan. This compre­hensive guide is de­signed to equip aspiring entre­preneurs with the necessary knowledge and tools to develop effective business plans for hotels. What is a hotel business plan?

Marketing 52

Marketing Accounting Book Procurement 52

Modern Restaurant Management

MAY 16, 2022

. “As the COVID-19 pandemic continues to affect businesses across the globe, restaurant managers have had to adapt their operations to stay afloat,” says Linda Chavez founder and chief executive officer at Los Angeles-based of Seniors Life Insurance Finder. ” Addressing Business Interruption Needs.

Budgeting 208

Budgeting Special Events Events Maintenance 208

Modern Restaurant Management

MARCH 1, 2023

Those areas of your restaurant that aren’t typically seen by customers but directly impact your business. So, even if your customers are unaware of what’s going on behind the scenes, any operational inefficiencies will eventually surface – with potentially dire consequences for your business.

Back of House 171

Back of House Front of House Accounting Budgeting 171

Les Roches

SEPTEMBER 3, 2024

Managing such a hospitality venue involves a wide range of duties, from overseeing housekeeping and food service to guest relations and maintenance. This leads to positive reviews and repeat business and helps ensure that a hotel stays profitable. Why is managing hotel operations so important?

Travel and Tourism 52

Travel and Tourism Housekeeping Maintenance Guest Satisfaction 52

SiteMinder

OCTOBER 7, 2024

Do thorough research to ensure a solution does what you need it to, will integrate seamlessly, is capable of scaling with your business, and doesn’t lock you in. Failing to consider total cost of ownership: Long-term costs like maintenance and support are often underestimated, which can seriously erode your profitability.

Property Management 52

Property Management Maintenance Book Training 52

Revenue Hub

JANUARY 26, 2023

Examples of variable costs in a hotel: Food & Beverage Laundry Housekeeping Energy consumption Maintenance and repairs Marketing expenses Staffing expenses ERP Business Central Variable Costs Importance of managing variable costs Tracking variable costs is an essential part of managing a hotel’s finances and ensuring profitability.

Housekeeping 77

Housekeeping Budgeting Article Maintenance 77

Modern Restaurant Management

DECEMBER 10, 2019

According to a study, 82 percent of small businesses fail due to cash flow problems. A cash flow shortage occurs when more money is flowing out of the business than is flowing into it. To overcome your restaurant's cash flow crisis, you need to be ready to take action to save your business from an ultimate demise.

Budgeting 124

Budgeting Accounting Maintenance Reservations 124

Hotelogix

AUGUST 26, 2024

Better Budgeting : Effective departmental communication helps with better financial planning and budgeting.  Coordination Among Teams: Departments like housekeeping, front desk, and maintenance can coordinate easily.  Good communication skills will impress your guests, further proving beneficial to your hotel business.

Communication 100

Communication Training Guest Satisfaction Budgeting 100

Larry Mogelonsky

DECEMBER 11, 2023

The start of the fourth quarter brings on the all-too-important annual tradition of budget planning for next year, and yet 2024 ‘s specific challenges have given the more heavily integrated hotel technologies a unique time to shine. Distinguishing between these two states is important as it affects RevPAR calculations.)

Housekeeping 100

Housekeeping Maintenance Scheduling Property Management 100

7 Shifts

AUGUST 2, 2024

With the mountain of data and numbers in your restaurant business, it is essential that you know which ones to track so you can assess your business's performance and the effectiveness of your strategies. The reason is simple: you know the ins and outs of your business, and your restaurant accountant should, too.

Accounting 158

Accounting Bookkeeping Pricing Budgeting 158

Modern Restaurant Management

MARCH 9, 2021

On the other hand, if you are targeting business people, then keep the design modern, clean and chic. During the design of a restaurant, the restroom is often neglected, but rest assured it is one of the most critical areas of your business. The corner bar should have funky decorations with tiki lighting features.

Maintenance 222

Maintenance Server Budgeting 222

Revenue Hub

MARCH 5, 2024

These outdated systems can pose challenges for businesses relying on them, as they may be more prone to errors, security vulnerabilities, and lack of compatibility with newer technologies. With so many disadvantages on the table, you might wonder why so many businesses continue to invest in legacy systems.

Maintenance 98

Maintenance POS Systems Book Article 98

Modern Restaurant Management

FEBRUARY 6, 2020

If you don’t assess your equipment and plan your maintenance, an unseen minor fault could interrupt the whole service. This is important as in businesses – large and small – making commercial decisions is much easier when backed with business intelligence data. Asset Management Strategy.

Catering 209

Catering Maintenance Customer Service Information 209

Hotel Business

DECEMBER 15, 2022

By installing EV charging stations at their properties, hotels open up a whole new avenue to attract more guests, generate more revenue and ultimately boost their reputations as environmentally responsible businesses. Here’s an overview of what the process generally looks like for a hotel: The first step is to set a budget.

Budgeting 59

Budgeting Maintenance Download Reservations 59

7 Shifts

JULY 12, 2024

By finding the right balance, you can avoid these pitfalls and ensure your business stays profitable. Semi-variable costs Semi-variable costs have both fixed and variable components, such as maintenance, repairs, and marketing expenses. Create a maintenance schedule for each piece of equipment to keep everything in top condition.

Catering 88

Catering Maintenance Pricing Scheduling 88

SiteMinder

OCTOBER 11, 2022

This can however be situated next to reception to ensure coordination and teamwork during busy periods. From hiring all staff to scheduling maintenance to creating new revenue management strategies , the hotel management team is extremely busy. Reporting issues to the maintenance team. Maintenance department.

Front of House 59

Front of House Maintenance Housekeeping Back of House 59

The Restaurant Times

NOVEMBER 4, 2021

A number of factors must be considered, including ergonomics, workflow, layout, hygiene, and budget, as well as the installation process. It’s important to consider turnaround time and maintenance requirements along with the associated equipment required when designing a commercial kitchen area. Source: iStock. Service Area .

Back of House 98

Back of House Sanitation Accounting Maintenance 98

Hotel Business

MARCH 16, 2023

Why hoteliers don’t like to think about their phone system From an onsite communication standpoint, old phone systems and PBX equipment have traditionally been in the category of more—more equipment, more vendors and more maintenance. No budget for capital expenditures. Concerns about disruption to their business.

Maintenance 59

Maintenance Communication Budgeting Definition 59

Synergy Suite

JULY 5, 2023

Restaurant management software is a complete game-changer for everyone involved in managing, or working in, a restaurant business. Points to Consider When Choosing a Restaurant Management Software When considering restaurant management software, it is essential to look for specific features that align with your business needs.

Maintenance 52

Maintenance POS Systems Server Training 52

Les Roches

SEPTEMBER 23, 2024

Join us as we look into the various revenue streams and business models that enable hotel management companies to thrive. Able to operate a single property or a portfolio of hotels, these firms may specialize in particular niches, such as luxury resorts, boutique venues, properties in a hotel chain or budget accommodation.

Budgeting 52

Budgeting Training Guest Satisfaction Housekeeping 52

Hotel Business

JUNE 4, 2024

The anticipated gains are so substantial that by 2029, nearly half of hospitality organizations are expected to earmark as much as 25% of their IT budgets for automation of services and processes, aiming to increase efficiency by 85%. This is a contributed piece to Hotel Business, authored by an industry professional.

Maintenance 69

Maintenance Guest Satisfaction Property Management Housekeeping 69