Modern Restaurant Management

NOVEMBER 12, 2024

Sadly, these events are only becoming more frequent; in 2023 alone, the U.S. With extreme weather events ranking as one of the most significant risks to businesses by the World Economic Forum , now marks a critical time for restaurant owners and operators to evaluate their preparedness strategies.

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Training Communication Information Events 189

Modern Restaurant Management

DECEMBER 9, 2024

Inviting regulars and key influencers in town to experience the pop-up first will encourage them to not only to post about the event but also to create the initial momentum needed to garner interest from the general public. Identify opportunities that might have been missed by competitors due to budget or creativity and capitalize on those.

Budgeting 167

Budgeting Marketing Magazine Events 167

Hotel Owner

MARCH 27, 2025

to 1.036bn, up from 1.035bn, in the year to 31 December 2024, thanks to sports events such as Wimbledon and music concerts including Taylor Swifts Eras Tour, Kings of Leon and Justin Timberlake. The groups weakest performance of the quarter was in London, primarily due to rates and fewer events and weaker corporate demand.

Events 52

Events Budgeting Marketing Book 52

Revenue Hub

OCTOBER 2, 2023

NB: This is an article from Demand Calendar Whether they run luxurious resorts or small bed-and-breakfasts, hotel companies spend considerable time and effort creating annual budgets. Let’s start with the steps in budgeting for hotels. Is budgeting critical in hotels? This process is meticulous and time-consuming.

Budgeting 106

Budgeting Information Article Events 106

Revenue Hub

OCTOBER 13, 2023

Planning a hotel budget is a critical task that ensures the smooth operation and financial health of your hotel. This guide will walk you through the essential steps, best practices, and expert advice to help you create a robust hotel budget. Without a budget, you risk financial instability and inefficiency.

Budgeting 109

Budgeting Revenue Projections Article Maintenance 109

Revenue Hub

NOVEMBER 8, 2023

NB: This is an article from Travelboom Hoteliers understand the importance of budget season, but often dread dealing with the details. Conversion Metrics: Is your website driving bookings, leads, quotes, and/or other success events? Some may not even know where to begin. SWOT Analysis for Hotels Do you have a hotel SWOT analysis?

Budgeting 104

Budgeting Marketing Customer Service Article 104

HotStats

OCTOBER 11, 2024

Budgeting is like training for an Olympic marathon. Days are spent creating a plan to address weaknesses, build on strength and endurance, and hedge against unfortunate events. Money is earmarked for activities that hopefully will generate income or sponsorships to procure better equipment.

Budgeting 95

Budgeting Procurement Training Events 95

Revenue Hub

SEPTEMBER 5, 2023

Planning the budget for your hotel is crucial for financial success. Subscribe to our weekly newsletter and stay up to date In this guide, we’ll break down everything you need to know about budgeting with revenue best practices in mind. You’ll need to address problem areas in your 2024 hotel budget. Let’s dive in!

Budgeting 108

Budgeting Accounting Pricing Article 108

Revenue Hub

NOVEMBER 28, 2024

While this approach can maximize profits, it’s not without challenges, particularly as it draws comparisons to industries like ride-sharing and event ticketing, where similar strategies have triggered regulatory scrutiny. Conversely, they can attract budget-conscious travelers during off-peak periods by offering lower rates.

Pricing 108

Pricing Travel and Tourism Article Budgeting 108

Hotelogix

NOVEMBER 28, 2024

Whether it's business travelers seeking efficiency, luxury seekers craving unique experiences, or budget-conscious families planning their vacations, each group has distinct needs and preferences that present unique revenue opportunities.

Marketing 100

Marketing Guest Satisfaction Book Budgeting 100

Revenue Hub

OCTOBER 10, 2024

Setting the right event minimums is crucial for ensuring profitability while maintaining customer satisfaction when managing events. Event minimums are nothing new, but determining the amounts can be challenging. Let’s explore how you can effectively establish event minimums and streamline the process.

Pricing 109

Pricing Events Catering Maintenance 109

Revenue Hub

SEPTEMBER 18, 2024

As a hotelier, you’re always looking for ways to attract more guests, boost bookings, and get the most out of your marketing budget. With endless options for online advertising, deciding where to focus your efforts and budget can feel overwhelming. What’s their purpose for travel—business, leisure, or special events?

Budgeting 104

Budgeting Marketing Article Special Events 104

Modern Restaurant Management

MARCH 18, 2025

Fishwife proves that the right in-person activation can have an impact far beyond the event itself, blending online and offline engagement to drive meaningful brand momentum. This presents restaurants with an opportunity to offer smaller, snack-sized portions that satisfy emotional needs while remaining budget friendly.

Budgeting 128

Budgeting Presentation Information Pricing 128

Revenue Hub

DECEMBER 5, 2024

Managers can use it to budget, allocate resources, streamline inventory management, and improve the guest experience. Going back to our example, once the forecast was updated and the hotel noticed a surge in demand compared to last year’s event, rooms had already been booked at lower-than-optimal rates, leaving revenue on the table.

Book 109

Book Article Budgeting Pricing 109

Hotel Owner

AUGUST 22, 2023

EasyHotel has reported a rise in occupancy levels in 2023 in light of multiple sports events across Europe. According to the budget hotel chain, the most significant boost to occupancy levels came from the FA Cup match between Manchester City and Arsenal in January 2023, where a 117% surge in occupancy was recorded against the prior year.

Events 96

Events Budgeting Marketing 96

Hospitality Magazine

MARCH 27, 2024

And while each wine has been meticulously selected, bottles at Hunters Hill Wine Room cover a wide range of price points to suit every budget. The venue will also host winemaker events for guests to expand their knowledge as well as weekly wine tastings.

Budgeting 244

Budgeting Pricing Events 244

Revenue Hub

NOVEMBER 25, 2024

Embrace the Staycation Trend With rising costs affecting travel budgets, staycations are a popular alternative for those seeking a getaway close to home. Consider hosting events around Showcase what makes your hotel unique and use experiences like gingerbread decorating contests, s’more stations by the fire, or caroling nights.

Book 108

Book Article Budgeting Catering 108

Hotelogix

NOVEMBER 7, 2024

Read also: Guide on Customer Retention in Hotel Industry Encourage Group Bookings: Offer discounts or packages for weddings, business events, or group travel bookings. For example, you can charge higher rates when demand is high, like during peak seasons or local events, and lower rates when your hotel has empty rooms.

Pricing 130

Pricing Book Events Demo 130

Revenue Hub

AUGUST 28, 2024

Event and group planning within the hospitality sector mirrors these seasonal trends. No Rest for the Weary January witnesses an upswing in new event requests almost immediately after the holiday decorations come down. Convergence This heightened January planning activity presents a golden opportunity for event professionals.

Events 103

Events Scheduling Catering Book 103

Revenue Hub

FEBRUARY 18, 2025

Without understanding which guest segments are most profitable, hotels target the wrong audiences, misallocate their marketing budgets, and miss critical opportunities to boost revenue and profit. Event-Driven Guests: Their needs are tied to specific events, such as conferences or weddings, which can dictate seasonal demand patterns.

Travel and Tourism 91

Travel and Tourism Accounting Article Book 91

Modern Restaurant Management

NOVEMBER 4, 2024

Cost-Effective Digital Solutions Okay, maybe you don’t have the budget of a restaurant giant, but that doesn’t mean you can’t play the tech game. This kind of marketing is all about personal connection—think community events, social media shoutouts, and customer engagement.

Budgeting 88

Budgeting Marketing Reservations Communication 88

Hospitality Net

OCTOBER 14, 2024

Budgeting is like training for an Olympic marathon. Days are spent creating a plan to address weaknesses, build on strength and endurance, and hedge against unfortunate events. Money is earmarked for activities that hopefully will generate income or sponsorships to procure better equipment.

Budgeting 75

Budgeting Procurement Training Events 75

EATER

NOVEMBER 22, 2024

Do you need something for a special event? For something more lightweight and budget-friendly, go for acrylic, Deek says. What you decide to get depends on your needs. Are you looking to update your everyday glassware collection with more durable replacements? Having a few spares on hand can be beneficial,” he says.

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Budgeting Special Events Accounting Marketing 112

Modern Restaurant Management

AUGUST 7, 2024

"Cutting a marketing budget creates a ripple effect that may not be felt until months down the road when the damage has already been done. " Cutting a marketing budget creates a ripple effect that may not be felt until months down the road when the damage has already been done. "Consistency is key.

Marketing 188

Marketing POS Systems Budgeting Events 188

Hotelogix

FEBRUARY 13, 2025

They have big budgets and entire teams dedicated to marketing, making it tough to stand out. Blog about local events or lesser-known attractions in your area to position your property as a knowledgeable and welcoming destination. Competing with large hotel chains can feel overwhelming. It might seem like your efforts are overshadowed.

Marketing 130

Marketing Book Reservations Pricing 130

Luxury Hospitality Magazine

MARCH 13, 2025

Motivated by events, experience and purpose, and uncompromising about digital convenience, they leverage their tech savviness to seek meaningful on-site experiences while staying mindful of budgets. Luxury travellers [.]

Budgeting 52

Budgeting Events Magazine Book 52

Revenue Hub

MAY 15, 2024

Today’s hotel and event salespeople work in completely different environments than most of their leaders experienced. Meeting and event booking sites have created a flood of leads, which can be overwhelming for those working in a sales role equipped and staffed for the era when leads came in by phone or website inquiry forms.

Events 104

Events Book Training Budgeting 104

Revenue Hub

JANUARY 14, 2025

Events are another opportunity to drive unique promotions. You do not have to be in a city hosting a major event to celebrate a major event. This could also be applied to any major sporting event such as NFL or Soccer games. This could also be applied to any major sporting event such as NFL or Soccer games.

Pricing 105

Pricing Events Marketing Budgeting 105

Larry Mogelonsky

JANUARY 27, 2025

In many cases, events act as a team retention, but only if they are highly experiential fun and dynamic with multiple venues and great F&B throughout. First, outdoor event spaces are in demand, especially for a climate like Florida.

Events 130

Events Guest Satisfaction Maintenance Information 130

Hotel Owner

NOVEMBER 28, 2024

The recent Budget confirmed that the National Living Wage will increase by 6.7% Despite macroeconomic uncertainty, it stated that it is “confident in the long-term prospects for budget hotels and its future growth opportunities”. from April 2025, following the 10% increase in April 2024, increasing costs by £12m.

Budgeting 52

Budgeting Events Book Marketing 52

Revenue Hub

NOVEMBER 18, 2024

Group bookings often come down to price sensitivity, as corporate clients and private groups are both budget-conscious. ” An on-page search engine optimization (SEO) strategy will make it clear that your property caters to groups and events and help your content rank higher in search results than your competitors.

Book 109

Book Article Events Pricing 109

Modern Restaurant Management

SEPTEMBER 28, 2020

There are several areas to focus on when creating an effective marketing plan , regardless of what your budget may be. If you have a much larger budget, you can expand your target audience to create awareness within different demographics and regions. The first step to building this plan is identifying your target audience.

Competitive Analysis 221

Competitive Analysis Special Events Training Budgeting 221

Revenue Hub

MARCH 31, 2025

Consider offering: Late check-out or early check-in Complimentary spa access or a welcome drink Dining credits or a free upgrade The key is to present these packages as relaxed, flexible escapes, not just budget-friendly stays. People interested in specific local events or attractions.

Book 65

Book Presentation Events Article 65

7 Shifts

NOVEMBER 15, 2024

How do you prepare your team for special events or holiday rushes? Can you give an example of how you’ve managed a large event or special occasion at a restaurant? How do you manage the restaurant’s budget and control costs? As a restaurant manager, how do you prepare your team for special events or holiday rushes?

Communication 78

Communication Server Special Events Training 78

Revenue Hub

MAY 11, 2023

However, it wasn’t just trips that were canceled ad nauseam over the course of the pandemic – it was also groups and events. Now, in the wake of the pandemic, we are not only seeing “revenge travel”; we are witnessing revenge events. Finally, the appetite for in-person events is, once again, omnipresent – if not insatiable.

Events 98

Events Pricing Catering Book 98

eHotelier

FEBRUARY 7, 2023

Hawks Cay Resort, home to the largest meeting and event space offering in the Florida Keys, appointed Kaila Nasci as director of catering and Morgan Cox as catering sales manager. Together, Nasci and Cox will manage catering contracts, budgets, suppliers and logistics for the largest resort in the Keys.

Catering 130

Catering Budgeting Events 130

Modern Restaurant Management

MAY 16, 2022

. “Some of the key issues facing gig/contingent/delivery workers include liability for accidents or injuries that may occur on the job, as well as loss-of-income coverage in the event that a gig worker is unable to fulfill their obligations.” ” Covid Issues Still on Front Burner. with many having to shut their doors. .

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Budgeting Special Events Events Maintenance 208