Revenue Hub

JULY 2, 2024

Here’s how it works: The event planner starts the process by specifying their event requirements, such as the number of attendees, dates, meeting room specifications, audiovisual needs, accommodation, catering, and budget. The State of RFPs Current RFP win rates reflect a highly competitive landscape in the hospitality industry.

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Events Accounting Pricing Article 106

Revenue Hub

NOVEMBER 9, 2023

Step 1: Understand the Group Booking Landscape The journey to profitable group booking management begins with understanding the landscape. Each has its own demands, booking patterns, and budget constraints. Differentiate Between Group Types Not all groups are the same.

Book 108

Book Pricing Guest Satisfaction Article 108

STAAH

NOVEMBER 16, 2023

With its blend of modernity and rich cultural heritage, Dubai caters to a wide range of interests, making it a must-visit destination for those seeking a truly unique and vibrant travel experience. 10) Amazing Accommodation and Resorts Dubai boasts an array of accommodation options, catering to diverse preferences and budgets.

Travel and Tourism 96

Travel and Tourism Catering Budgeting Business Development 96

Revenue Hub

AUGUST 28, 2024

The start of a new year brings fresh budgets, resolutions to reconnect with loved ones, and newly engaged couples plotting their nuptials. This segment typically commands the highest revenue streams thanks to its considerable spending on catering, venue rentals, and technical support.

Events 96

Events Scheduling Catering Book 96

7 Shifts

JANUARY 23, 2020

Educating yourself and thoroughly researching every aspect of your new restaurant and your local landscape is only going to help you with fleshing out your plan. Prepare your budget in advance and leave room for “surprise” expenses. Ace, Trails End Catering. Frenchy, Westwood Catering. Key things to research are: Costs ??

Training 134

Training Scheduling POS Systems Budgeting 134

Hotelogix

OCTOBER 1, 2024

Let’s dive into the top trends shaping the OTA landscape in 2024.  Whether it’s suggesting hotels based on your past bookings or offering deals that match your budget, personalization is critical. OTAs also tend to offer competitive prices, which is a big draw for budget-conscious travelers.

Book 130

Book Pricing Customer Service Budgeting 130

Revenue Hub

NOVEMBER 21, 2023

Broader range of deals : With extended sales, travel companies have the opportunity to offer a wider variety of deals, catering to different types of travelers and their preferences. What is clear is that the landscape of holiday shopping events is constantly evolving with consumer behavior and expectations each year.

Article 106

Article Events Budgeting Catering 106

Hotel Business

MARCH 13, 2024

By Jared Lerner In the competitive landscape of the hospitality industry, hotels are constantly seeking innovative ways to optimize their operations, increase revenue and enhance guest satisfaction. Microstays also provide hotels with an opportunity to connect with budget-conscious travelers who may be priced out of their rooms otherwise.

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Guest Satisfaction Catering Budgeting Scheduling 69

Revenue Hub

MAY 2, 2023

To optimize off-peak pricing, hoteliers should consider the following approaches: Offer discounted rates or promotions to attract budget-conscious travelers and fill vacant rooms. Target specific customer segments, such as business travelers, couples, or groups, with tailored promotions that cater to their unique preferences.

Pricing 86

Pricing Article Book Events 86

Hotel Owner

APRIL 22, 2024

However, in rural villages or seaside towns, where authenticity and personalised service are valued more, chain hotels may face competition from boutique properties and inns that cater to a more “intimate” experience. However, running a boutique hotel requires a careful balance between creativity and financial sustainability.

Travel and Tourism 98

Travel and Tourism Presentation Catering Housekeeping 98

InnQuest

AUGUST 15, 2023

At a glance: – Understanding the Hotel Channel Management Landscape – What Is A Hotel Channel Manager? Choose one that fits your budget and business requirements. GDS (Global Distribution System): This is a must for hotels that cater to corporate travelers and travel agencies.

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Reservations Book Property Management Pricing 130

STAAH

MAY 11, 2023

Kerala, a state nestled in the southern region of India, boasts a breathtaking array of natural wonders such as serene backwaters, pristine beaches, and scenic landscapes. With its rich cultural heritage, eco-friendly tourism, and renowned Ayurvedic practices, Kerala is often referred to as “God’s Own Country.”

Travel and Tourism 98

Travel and Tourism Budgeting Business Development Strategic Planning 98

Revenue Hub

MAY 11, 2023

At the same time, however, we must acknowledge (and appropriately assess) this changed landscape. With the continued mention of the “R” word and the general tightening of budgets across sectors in anticipation of further volatility, companies that represent buyers are dealing with different resources.

Events 98

Events Pricing Catering Book 98

Revenue Hub

JUNE 22, 2023

The Wizard of Oz In case you haven’t watched The Wizard of Oz, it’s a story about a young girl who is transported to a surreal landscape where she kills the first person she meets and teams up with strangers to kill again. Grab your popcorn, sit back, and enjoy the show. That’s how the story goes, right?

Pricing 96

Pricing Catering Article Budgeting 96

Modern Restaurant Management

NOVEMBER 27, 2024

How operators are catering to their customers online Off-Premise Sales on the Rise : Ninety-nine percent of operators use at least one online ordering platform, with 39 percent offering a direct online ordering option. As America budgets for the holidays, in-home hosting activity is set to rise by 6.3 Nearly 29 percent of U.S.

Back of House 88

Back of House Catering Budgeting Pricing 88

Hotel Owner

NOVEMBER 1, 2024

The design reflects Woking’s railway history and local landscape, with materials sourced from local suppliers. The UK Autumn Budget includes employment tax increases that will significantly impact the hospitality industry, according to UKHospitality. The historic Hellaby Hall Hotel in South Yorkshire has been sold for £8m.

Budgeting 52

Budgeting Catering Events 52

Modern Restaurant Management

JANUARY 3, 2024

– Peter Elias, owner of Spain Wine Bar in Ocean City, Maryland Looking forward to 2024, the landscape of customer engagement within the restaurant sector is poised for a substantial shift. These alternatives will not only cater to new consumers but also clean eating habits.

Pricing 132

Pricing Marketing Catering Front of House 132

SiteMinder

JULY 13, 2024

The fluctuating demand, strong competition, and ever-changing e-commerce landscape in hospitality necessitate constant attention and strategic adaptation. They typically have larger advertising budgets and greater resources to invest in metasearch advertising, allowing them to bid more aggressively for top placement in search results.

Pricing 98

Pricing Book Budgeting Marketing 98

Revenue Hub

SEPTEMBER 11, 2023

Of course, you can’t build out relevant packages without first understanding your target guest segments and their respective needs, preferences/travel habits, and budgets. But is this not something all hotels should already be doing?

Book 109

Book Presentation Article Budgeting 109

eZee Absolute

MAY 29, 2024

Understanding The Group Business Landscape Winning the RFP Game: Strategies for Hoteliers Bonus Tip: Negotiation for Securing The Deal What is Hotel RFP & Why is it Important? Understanding Group Business Landscape Remember that big corporate event we mentioned? Let’s dive in. Why are hotel RFPs important? Well, guess what?

Events 52

Events Catering Book Budgeting 52

Hotel Owner

OCTOBER 28, 2024

This shift reflects not just a changing travel landscape, but a rethinking of what it means to have a “home-away-from-home” experience. A blend of independence and comfort Aparthotels offer a unique blend of self-catering amenities combined with the type of comfort and services expected from traditional hotels.

Travel and Tourism 72

Travel and Tourism Catering Marketing Budgeting 72

Modern Restaurant Management

DECEMBER 21, 2022

Rising Consumer Expectations : Recession fears will cause many consumers to be more discerning with their food and beverage budget, and bar and restaurant owners will continue to battle over wallet share. An increased emphasis will be placed on journey mapping the entire guest experience and ensuring that value is added at every touchpoint.

Pricing 167

Pricing Portion Control Budgeting Marketing 167

Hotel Owner

FEBRUARY 20, 2024

In the dynamic landscape of hospitality, the integration of Artificial Intelligence (AI) and Machine Learning (ML) technologies is no longer a luxury but a necessity. Catering to diverse guest preferences Technology excels in catering to diverse guest preferences, especially in multilingual settings.

Catering 52

Catering Front of House Guest Satisfaction Budgeting 52

STAAH

JUNE 15, 2023

The picturesque landscape attracts tourists to immerse themselves in a serene and rejuvenating atmosphere. 3) World-Class Cuisine : Cambridge is known for its diverse culinary landscape, offering a range of cuisines catering to various tastes. However, one of the main cuisines that stands out in Cambridge is British cuisine.

Catering 52

Catering Budgeting Events Business Development 52

Modern Restaurant Management

DECEMBER 17, 2024

Brands that take this measured strategy approach will be able to effectively leverage AI’s transformative potential while avoiding the pitfalls of unrealistic expectations and unpreparedness in an increasingly AI-driven landscape.

Marketing 100

Marketing Pricing Customer Service Catering 100

Social Hospitality

JANUARY 19, 2024

Each caters to a unique user demographic and offers different features. Concentrating your efforts on platforms that yield the best results for your specific business can help optimize your advertising budget. Choose the Right Platforms Not all social media platforms are the same. Source: BoatCover 3.

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Information Catering Communication Budgeting 105

Boutique Hotelier

FEBRUARY 16, 2023

We caught up a handful of excellent hotel chefs to discover what’s on their menus for 2023 and how they are working to overcome the challenging F&B landscape over the next 12 months. How do you cater for hotel guests as well as customers from outside? How do you cater for hotel guests as well as customers from outside?

Pricing 124

Pricing Front of House Catering Definition 124

Hotelogix

OCTOBER 18, 2023

  As technology continues to reshape the hospitality landscape, the importance of an effective reservation system cannot be overstated—it's the key to unlocking efficiency and excellence in modern hotel management. Choose a system that aligns with your needs and budget.

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Reservations Book Information Guest Satisfaction 100

SiteMinder

FEBRUARY 25, 2024

They represent a mix of services, designs, and experiences tailored to different types of guests, such as luxury seekers or budget travellers. Being situated in the heart of a city, near major attractions, business districts, or breathtaking natural landscapes, means guests have the world at their doorstep. Marriott International, Inc.

Catering 52

Catering Budgeting Guest Satisfaction Marketing 52

Modern Restaurant Management

JANUARY 12, 2022

"Consumers have become accustomed to the speed and convenience of mobile ordering and delivery, which in turn, has changed the restaurant franchise landscape," said Mark Wasilefsky, Head of Restaurant Franchise Finance Group, TD Bank. "Even " Restaurant real estate changes to align with consumer preference.

Server 215

Server Pricing Marketing Download 215

7 Shifts

OCTOBER 15, 2020

Use a labor management tool like 7shifts to take the scheduling, overtime, and compliance costs out of your budget With restaurants spending roughly 30% of revenue on wages, overtime, payroll taxes, and healthcare costs, using a labor management system can help optimize your schedules to reduce overtime and other labor costs.

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Scheduling Sanitation Accounting Definition 114

SiteMinder

AUGUST 27, 2024

Airbnb’s exit from China was due to several key factors that are important to understand if you want to take advantage of the current market landscape. It offers a wide range of properties, from urban apartments to rural homes, and caters to both domestic and international travellers.

Catering 52

Catering Book Marketing Pricing 52

SiteMinder

FEBRUARY 28, 2023

On top of that, there has always been diverse incomes, budgets, ages, hometowns, interests, and travel motivations. Comparing the pre and post-COVID landscape shows us that things are even more different now. Mandarin is the official language, but various dialects are spoken throughout China.

Travel and Tourism 105

Travel and Tourism Book Marketing Communication 105

The Restaurant Times

MAY 6, 2021

Restaurants have been tightening up their budgets, reworking their business models and optimizing menus. The chefs can thus introduce many other innovative meal options and beverages to cater to the well-being of consumers. All of these menu trends go hand in hand with the consumer’s eating habits and preferences. .

Catering 52

Catering Budgeting Pricing 52

Modern Restaurant Management

APRIL 20, 2021

Budget remains a concern for guests, with 37 percent indicating their planned event spend as under $1,000, with under $5,000 a close second (25 percent). Catering is still a promising source of revenue for restaurants, hotels and venues to continue to capitalize on.

Events 189

Events Marketing Download Catering 189

Synergy Suite

FEBRUARY 21, 2023

Specialty restaurants should look for POS systems that cater to their specific needs and streamline their unique workflows. 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

eZee Absolute

SEPTEMBER 13, 2023

Running a hotel is a fantastic journey, but it also requires you to stay on your toes as the hospitality landscape continuously evolves. Consider collaborating with online booking platforms to expand your reach and cater to the modern traveller’s needs. As hoteliers, it’s your job to cater to this desire.

Book 59

Book Catering Marketing Training 59